Sarasota News Leader

12/27/2013

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Sarasota News Leader December 27, 2013 Page 33 • Visitor spending was also up 10 percent single-family homes was up 29.2 percent in year-over-year, at $757 million. November compared to the same month in 2012. Moreover, the value of construction • Sports tourism had an economic impact was 15.4 percent higher — at approximately of $71 million in FY 2013, compared to $43 $10,664,000. million the previous year. The gross retail sales figure for October 2013 • Room nights generated by sports tourism reached the 67,000 mark, up from 52,000 in was up 4.6 percent over that of October 2012, for a total of about $978,930,000. FY 2012. MORE POSITIVE NEWS Adding further emphasis to the impact of tourism, the latest figures from Sarasota County's Office of Financial Management (OFM) show gross hotel and motel sales for October 2013 were up 20.1 percent over the number for October 2012, at about $17,510,000. Data from the Sarasota Association of Realtors showed the average days a property stayed on the market in October 2013 was lower yearover-year: 90 compared to 105, though the number of house and condominium sales was down 8.4 percent in October compared to the same month in 2012: 760 units this October versus 830 in October 2012. Yet, tourism is not the only bright spot on Back on the positive side: The median price was the county economic front. The OFM report 13.7 percent higher — at $178,187 — in October shows the number of permit applications for this year compared to October 2012. % Manuel R. Chepote, LUTCF Chepote Insurance Inc. 1300 Main Street • Sarasota, Florida (941) 366-0100 Serving Sarasota & Manatee Counties Auto • Home • Life Renters • Motorcycles Flood • Business • Annuities Financial Services Click for driving directions agents.allstate.com/manuel-r-chepote-sarasota-fl.html

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