Market Stats

There has been brisk activity in the Lakewood Ranch real estate market over the past six months as buyers take advantage of significantly reduced prices. Many buyers, who seek an active resort lifestyle in Florida, are inquiring about this award winning master-planned community, making offers and negotiating deals. With outdoor activities including golf, tennis, swimming, cricket and polo, Lakewood Ranch has it all. The Main Street area of the “Ranch” features specialty shopping, dining in excellent restaurants, and professional services. There are outstanding A-rated schools as well as a medical center and hospital in this well thought out development.

According to the Sarasota MLS, there are 253 Lakewood Ranch homes for sale, including the exclusive…

Constructed from 1989 to 1991, Sanctuary condos are located behind the gates of the prestigious Longboat Key Club. There are five buildings comprising this complex. Residents love the wraparound terraces providing city, golf course and Gulf of Mexico views from many of these units.

Sanctuary Amenities include:

• Olympic Pool and Spa
• Hard-Tru Tennis Courts
• Private Beach
• Fitness Center
• Clubhouse/Recreation
• 24-Hr Security

Longboat Key condos position on the Gulf of Mexico like Sanctuary provide residents the gentle sound of Gulf waters and white sandy beaches. Just a short drive from most condos located from mid island to the southern tip is excellent shopping on St. Armands Circle, dining and professional services. Sanctuary is a short…

The Sarasota Association of Realtors just released the February 2010 Sarasota real estate stats and property sales were up 49% over February 2009. In addition, pending sales (properties under contract) spiked up to 967, the second highest in the past four years. The pending sales figure at 967 is a strong indicator for the next few months that real estate in Sarasota continues to improve.

Total property sales hit 528 in the Sarasota real estate market in February 2010 continuing to show a recovery in our area. Median sales prices rose for condos according to the report and single family homes were stable.

Distressed property sales are still a significant part of the increase in Sarasota real estate sales. In January and February 2010, distressed…

Once again, the Sarasota real estate stats moved up. January 2010 sales were up 58% over January 2009 according to a reported presented by the Sarasota Association of Realtors a few weeks ago.

Pending sales gave a strong performance also – at the 800 level. October 2009 was the last time pending sales performed so well.

“In sharp contract to the first month of last year, January 2010 saw 506 overall sales, compared to only 319 sales in January 2009. In addition, pending sales surged by over 10 percent from December 2009 to a total of 815. The statistic is a strong indicator for the next two or three months of sales, as pending sales are an indicator of current buyer activity.”

Many buyers are focusing on buying homes that aren’t in the distressed…

Residents of downtown Sarasota Florida love the outstanding lifestyle provided in this walking neighborhood. Downtown Sarasota condos have become more popular as the United States turns green and gas prices remain high. Prices are much lower in the downtown Sarasota area and the selection of available condos is still outstanding.

Typical amenities at some of the best buildings such as 100 Central, 1350 Main, and Plaza at Five Points include: 24 hr concierge service, secure elevators, steam rooms, fitness facility, outdoor kitchen, heated pool and spa, two party rooms, plus a catering kitchen. All of the newer condominiums offer excellent public spaces and each building’s extras vary.

Condo buildings in the downtown areas such as the Sarasota Bayfront,…