Sunday, January 16, 2011

Tolaris Realty Group Reports 40 Percent Increase in Residential Property Sales in 2010



 LAKE FOREST, FL – Tolaris Realty Group, reports it saw a 40 percent increase in residential real estate sales in 2010 over 2009 sales.

 Richard Bavec (top right photo), president of Tolaris Realty Group, said 35 percent of sales in 2010 were homes at Lake Forest, the gated luxury community located off SR 46, west of Sanford and 65 percent of sales were homes in Seminole and Orange County.

 Bavec said the average sales price of the homes Tolaris Realty sold in 2010 was $300,000.

“We are extremely optimistic about 2011,” Bavec said.

 “This will be a growth year.  Starting in June an average of 1,500 active adults every day will celebrate their 65th birthday,” he said.

“We should anticipate a significant impact to Florida’s economy as many of those active adults expect to retire here,” he said.

For more information,  contact:

Richard Bavec, President, Tolaris Realty Group, 407-402-9866 rbavec@tolarishomes.com
Larry Vershel or Beth Payan, LV Communications, 407-644-4142 (fax: 4410) lvershelco@aol.com

  

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