Sarasota-Bradenton home prices surge nearly 10%

The North Port-Sarasota-Bradenton residential real estate market recovery is still ongoing, but it's showing signs of slowing down.

The latest report comes from Irvine, Calif.-based real estate data firm CoreLogic. The company reports home prices in the region, including distressed sales, rose 9.2% in June over June 2013. The increase was 8.7% when distressed sales were taken out of the equation.

On the flip side, home prices, including distressed sales, dropped slightly, -0.7% on a month-over-month basis from May to June. The drop was the same when distressed sales were taken out of the equation.

The market on a national basis, according to the June CoreLogic Home Price Index report, also continues to improve. Home prices nationwide, including distressed sales, increased 7.5% in June over June 2013. That marks 28 months of consecutive year-over-year increases in home prices nationally, CoreLogic says. Prices nationwide rose 1% in June over May, the report states.