Market Stats

Each year, Siesta Key real estate activity on our websites and blogs increases dramatically each time Dr. Beach publishes his Top 10 Best Beaches report. Siesta Key, now at the no. 1 spot for 2011, has a new billboard that touts its top spot. Interest rates, single family home and condo real estate inventory are still good on the Key, and buyers are here. 

Many buyers of Siesta Key real estate have been coming to this word-famous beach for decades. These visitors have seen prices jump out of their reach, and now they are trying to get a piece of paradise before prices make another jump. Siesta Key’s weather, gorgeous white sand and the Gulf of Mexico are the big draw. The relaxed atmosphere of Siesta Key Village and the friendliness of the people as

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The Sarasota Association of Realtors® released data yesterday showing Sarasota real estate sales jumped by 8.2 percent to 8,224 in 2011. This is the highest level since 2005. “The surge in sales was accompanied by stabilization in the median sale prices, which now stand at $155,925 for single family homes and $156,800 for condos over the full year, and have not fluctuated much for the past 12 months.”

Real estate is local and the Sarasota, Florida area is the considered the “place to be” by many homebuyers. “For the overall year of 2011, the resurgence in sales was dramatic, and represents a 44 percent increase over the low point of the downturn in 2008, when only 5,820 properties changed hands.”

New SAR President Laura Benson said "This is really…

The Sarasota Florida real estate market continues to improve and is “trending toward normalcy” according to a press release issued by the Sarasota Association of Realtors® for August 2011 sales figures.

Inventory of Sarasota MLS listings for sale has steadily dropped. The sales demand has stabilized which points to a more “normal” Sarasota real estate market.

For the past nine months inventories have been dropping and, in August 2011, “hit a decade-low figure of 4,408.” During the last 10 months, Sarasota property sales have exceeded 500 every month. The Board’s release state that sales hit 700 four times. The median sale price for single family homes and condos in August was $165,000. This was a 23 percent better than the lows of February 2011

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Are you looking to enjoy the laid back Siesta Key lifestyle? Do you have a boat, but still want to enjoy the beach? You can have it all in Siesta Isles. This deed restricted neighborhood has nearly four miles of canals and is located only a short walk from world-renowned Siesta Key Beach, voted the Best Beach in the United States for 2011. In addition, downtown Sarasota’s dining, nightlife and cultural events are only about a 15 to 20 minute drive away.

Comprised of two islands that can be accessed by Contento Drive and Azure Way, the majority of Siesta Isles homes are directly on canals that offer quick access to the Intercostal waterway. Most of the homes in Siesta Isles are Florida ranch style homes built in the 1960’s and 1970’s. However, some of

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Real estate in Sarasota, Florida has continued to sell at a brisk pace in 2011. The Sarasota Association of Realtors® recently issued its August a press release reporting 599 properties sold in July 2011, a 14.3 percent increase from the previous year. In the July 2010 Sarasota real estate market, there were 525 property sales.

Single family home closings totaled 445 and 154 condos sold in July of this year. Four months in 2011, sales have hit the 700 level or above. July marked the fourth month in the previous 12 with sales exceeding 700 units. June sales reached 728 and May sales were the highest at 796 during Sarasota’s busiest selling season. Sales in July, of course, cooled as summer arrived. The Federal homebuyer tax credit which was a selling

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The Sapphire Shores and Indian Beach neighborhoods (also referred to as “The Museum Area”) stretch west of Tamiami Trail from Whitaker Bayou to New College. The area contains an eclectic mix of homes with architectural styles ranging from 1920’s Mediterranean Revival to 50’s ranch homes and also includes shining examples of Sarasota's own brand of modern architecture. All of the homes in this area are on or within walking distance to the natural beauty of Sarasota Bay. The neighborhood is a quick five minute drive to downtown Sarasota and a fifteen minute jaunt to the beaches of Lido Key. Cultural highlights of the Indian Beach and Sapphire Shores area include: The John and Mable Ringling Museum, the Asolo Repertory Theatre, USF, New College and the

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Lakewood Ranch Florida is an award-winning master planned community that offers a resort lifestyle fused with a real sense of community. With 8500 acres, Lakewood Ranch is the largest green certified community in the United States. The neighborhoods meander through the nature preserves, golf courses, parks, lakes, and over 150 miles of sidewalks and nature trails.

It is no wonder why Lakewood Ranch is so popular because it offers nearly every amenity you can think of nearby including a state of the art medical facilities, top rated schools, an abundance of cultural events, challenging golf courses, funky boutiques and specialty shops, family events, world class polo, athletic club, tennis, superb restaurants and the list goes on. Plus the development of

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Located along prestigious Gulf of Mexico Drive, the two buildings of Water Club Longboat Key sit directly on a gorgeous stretch of the Gulf front beaches. The Water Club provides incredible amenities including a Gulf front resort style swimming pool and spa. In addition, there is a 24 hour guard gated entrance as well as outstanding concierge services to its owners and part-time residents. With one of Longboat Key real estate's most beautiful and efficient Club Houses, residents and guests experience the ultimate in luxury including an elegant entry for entertaining, library, game room, fitness center and ballroom for larger functions. In addition to a resort pool, there are lighted Har-Tru tennis courts on the grounds.

Longboat Key offers residents

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August 2010 Sarasota Real Estate Sales Rebound

Sales data just released from the Sarasota Board of Realtors show more positive signs than last months numbers. After a disappointing July, the Sarasota real estate market rebounded in August 2010. Sales were up nicely – 8% over July 2010 In addition, sales were up 14.3% compared to August 2009.

Total property sales this August totaled 567. “This compared to 525 sales in July 2010 and 496 sales in August 2009.” In August, 408 single family home sold. The median price reported was $154,500. Last month the median price was $155,000. In August 2009, the price was also $155,000.

Condos sales totaled 159 in August. The median price rose by 22 percent to $155,000 from July’s figure of $127,000. “For the last

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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

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