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
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