Sarasota Area News! 
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Sarasota Real Estate Still Breaking Records
Wednesday, October 26th, 2011 at 1:53pm. 141 Views, 0 Comments.
While early fall is characteristically a slower season, Sarasota real estate sales are still breaking records and have increased substantially from the same time last year.
The market is holding its own nicely, in preparation for the next busy season, which usually occurs when our sunny climate beckons those in the cold Northern regions.
Property Sales On the Rise:
- Total Single Family Homes Sold: 430 (same time last year: 404)
- Condos Sold: 140 (same time last year: 143)
Available Inventory:
Months of Inventory increased slightly. This wasn't surprising after a huge drop in August.
Sarasota Available Inventory for September 2011:
- Single Family Homes: 6.7 months (same time last year: 9.9)
- Condos: 11.1 (same…
Record Breaking Trends for Sarasota Real Estate Market
Thursday, June 23rd, 2011 at 9:54am. 366 Views, 0 Comments.
I'm happy to report that the Sarasota real estate market continues to report an upward trend for May 2011. The huge influx of single family home and condo buyers has brought the market to new levels. Here are some of the highlights:
Total May Sales: 796 - This is the 2nd highest total reported in the last six years.
Median Condo Price: $218,750 - We haven't seen those prices since October 2009.
Median Single Family Home Price : $159,000
Available Inventory: dropped to 5,010 (lowest in 6 years) - To put this in perspective, in April 2007, there were 17,089 properties for sale.
The increased sales rate combined with the lower inventory levels has resulted in an estimated 5.8 months of inventory for single family homes, and 7.4 months for…
Siesta Beach - #1 Beach in America!
Thursday, June 2nd, 2011 at 11:41am. 290 Views, 0 Comments.
The results of Dr. Beach's 21st annual Top 10 Beach List have been released, and we're proud to announce that Siesta Beach in Siesta Key, Florida was voted number 1!
How can a beach even be considered for this type of award? The famous Dr. Beach (America's Foremost Beach Expert) takes a scientific approach toward judging the nominations. He applies a score of 1-5 to a list of 50 strict standards used to establish a final rating. Obvious criteria include things such as:
Beach material (sand, stone, etc.), sand softness, water temperature, number of waves, beach slope, rip currents, amount of algae, wildlife, presence of sewage or runoff, amount of trash, and whether the grounds are well-kept. Nominees are also rated on such factors as, "free…
New Community in Lakewood Ranch!
Sunday, August 29th, 2010 at 10:56pm. 49875 Views, 0 Comments.
Central Park is a wonderful 300 acre family friendly community that is located in the heart of Lakewood Ranch. There will be six different neighborhoods all named after well renowned parks throughout America. These neighborhoods include, Brickell Park, Claremont Park, Forest Park, Gramercy Park, Longview Lake and Piedmont Park. Each neighborhood will have it's own theme. There are 800 homes to be built in Central Park designed by Neal Communities and Bruce Williams Homes. There are diverse styles to choose from including Bungalow, Neo-classical, and Classic Florida. A wonderful feature is that they are all built green certified. The square footage for these homes range from 1,028 to over 2,400 square feet and the starting cost for the single…
Sarasota is the Best Buy in the Western WORLD!
Friday, July 9th, 2010 at 4:38am. 424 Views, 1 Comments.
According to a recent article in the International Property Journal, the wonderful coastal community of Sarasota, Florida is the best buy for vacation and second-home real estate in the entire western world. In consideration of this new ranking, we expect to see an influx of European buyers in our area. As this occurs, we will see a continued decline in inventory and sales prices will likely increase over the next two years. Even in consideration of the oil spill threat, it is well-known through all of the various computer models, that Sarasota, Florida is one of the least likely areas of Florida to be affected. The east coast of Florida would likely be affected before our area is. As such, this adds even more value to Sarasota real estate over the…
