New Search X

Sarasota Real Estate

Found 20 blog entries about Sarasota Real Estate.

In the previous month's market statistics released by the Sarasota Association of Realtors (SAR) for November 2013, total property sales "continued to moderate." In Sarasota County, sales totaled 760 with 531 single family homes and 229 condos closing in November 2013. October 2013 sales totaled 818 with 582 single family homes selling and 236 condos. In the previous year, 552 single family homes and 278 condos were sold.

Median sale prices for single family homes sold were up 20.6 percent over last year at the same time. The market here clearly is continuing price appreciation. The figures show single family home prices were at $187,000 this November compared to $155,000 for November 2012. "The median sale price for single family for the 12 month

6,843 Views, 0 Comments

Once again, the real estate sales data released by the Sarasota Association of REALTORS is excellent as property sales topped the 800 total units for the third consecutive month. We are seeing sales data hitting “levels not seen since the 2003-2005 surge.”

Total singled family homes sales reached 591 and 263 condominiums were sold in May, 7.2 percent higher than in May 2011 sales. April 2012 property sales totaled 886, the highest sales volume in seven years. May 2012 was just a little behind April, which was not a surprise as sales normally slow after Sarasota’s seasonal buyers return to other areas of the country.

The report also indicated that pending sales, properties under contract, for May “remained at the very high level of 1,075, almost the

23,632 Views, 1 Comment

The Sarasota Association of REALTORS just published our monthly sales data. Once again the Sarasota real estate market sales hit another high in March of 2012. Property sales totaled 831 units. We have not seen that level since September 2005. Pending sales of properties that went under contract during March reached “the highest level in 12 months” which is a good indicator of future sales for the next few months.

SAR President Laura Benson said:

“This is amazing news, and our local brokers and agents should be extremely proud of all their hard work and diligence, helping buyers and sellers make their dreams come true. The strength that the Sarasota market has demonstrated in the past few months has been remarkable, and I'm looking forward to a…
9,607 Views, 2 Comments

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…
6,993 Views, 3 Comments

Bird Key is a Sarasota, Florida neighborhood rich in beauty, luxury, privacy, and history. In the early 1900s, Bird Key was purchased by Thomas Worcester of Cincinnati, Ohio. Worchester built the first expensive home on a Sarasota Bay island. In the 1920s, John Ringling of circus fame bought Bird Key and proceeded with the development of connecting Bird Key, Lido Key and St. Armands to mainland Sarasota. Arvida Corporation bought the Ringling properties and continued development of the 511 single family home sites. Today Bird Key real estate is among the most desirable in all of Sarasota.

Bird Key real estate

Bird Key today is a beautiful boating community with just under 300 waterfront homes facing the bay or on interior canals. The remaining homes on Bird Key are not

5,409 Views, 2 Comments

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 when

6,303 Views, 7 Comments

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

4,478 Views, 0 Comments

It’s official! “Dr. Beach” has confirmed what we’ve known all along: Siesta Beach was just named the #1 beach in the United States for 2011.

Dr. Stephen Leatherman ("Dr. Beach") is the director of the Laboratory for Coastal Research at Florida International University. He considers 50 different criteria including sand, water quality, facilities and crowds to rank the nation’s beaches in his annual survey. For the past two years, Siesta Key held the #2 ranking. Dr. Beach cited several factors that helped Siesta Key Beach win the top spot for 2011:

  • Siesta Key's sugar white quartz crystal sand is considered by many to be the finest and whitest sand in the world.
  • Siesta Key blue and turquoise water is clean and clear.
  • The waves
7,490 Views, 9 Comments

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

2,752 Views, 1 Comment

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

3,480 Views, 1 Comment