Sarasota Area Real Estate Market Continues to Show Increases in August

Increases Abound Compared to August 2016, the latest market report shows an increase in closed sales, median prices, and inventory for single family homes, while condos in the two-county area reported an increase in closed sales and pending sales. The August 2017 data was compiled from My Florida Regional Multiple Listing Service by Florida Realtors®. … Continue reading Sarasota Area Real Estate Market Continues to Show Increases in August

Sarasota Real Estate after the Storm

After the Storm, Realtors say no downturn in Sarasota-Manatee market Hurricane Irma hasn’t blown the roof off the Sarasota-Manatee real estate market. The historic tropical cyclone, once a Category 5 monster and a violent Category 4 upon its first landfall in Florida, did leave a trail of destruction across the state. Just not on home … Continue reading Sarasota Real Estate after the Storm

Local Home Prices Fail to Keep Pace with State, Nation

Local home prices in the Sarasota-Manatee region again failed to keep pace with state and national increases. Single-family home prices rose 4.1 percent in July over the year in the two-county area, data provider CoreLogic reported Tuesday. That was less than the Florida increase of 6.2 percent and the U.S. gain of 6.7 percent. Prices … Continue reading Local Home Prices Fail to Keep Pace with State, Nation

Low Supply and High Demand Drive Median Prices Up

The latest data, compiled from My Florida Regional Multiple Listing Service, continues to fluctuate in July of 2017 in the two county area. Closed sales increased in Sarasota County by 5.8 percent, compared to July 2016. However, sales in Manatee County were 8.9 percent lower than July last year.   Median Prices Median prices continue … Continue reading Low Supply and High Demand Drive Median Prices Up

Experience the Westin’s Rooftop Bar

   Located on the 19th floor overlooking downtown and Sarasota Bay Westin Sarasota and its rooftop bar The Roof Bar and Eats, located in downtown Sarasota at 1175 N. Gulfstream Ave., had a soft opening July 28 before its grand opening in the fall. But by now you’ve likely already seen photos of the bar’s view … Continue reading Experience the Westin’s Rooftop Bar

The Mark Downtown Sarasota Underway

A little past the initial projected start of July, construction is under way on The Mark Sarasota, a 12-level, 157-residence, mixed-use project in downtown Sarasota. Developer, The Kolter Group, held a ceremonial groundbreaking event Wednesday, August 8th at the construction site at State Street and Pineapple Avenue. The $50 million project will include a ground-floor … Continue reading The Mark Downtown Sarasota Underway

Sarasota Real Estate Continues Increase in Median Sales Prices

Market statistics for June 2017 show an increase in inventory, median sales prices and the median time to contract. Compiled each month from My Florida Regional Multiple Listing Service, the data also indicates an increase in pending sales and a decrease in closed sales, as compared to last year, for the combined two county area. … Continue reading Sarasota Real Estate Continues Increase in Median Sales Prices

Local Home Prices Rise 6.3% May 2017

Local home prices rose 6.3 percent in May in Sarasota-Manatee, a rate that was slightly slower than in the state and nation. Charlotte County, however, topped them all by posting a 7.9 percent jump in home prices compared with May 2016, real estate researcher CoreLogic reported Wednesday. Florida posted the nation’s 10th-highest rate of year-over-year … Continue reading Local Home Prices Rise 6.3% May 2017

Real Estate Report – New Listings in Response to Rising Prices

Sarasota and Manatee County showed an increase in new listings, median sales prices, inventory and closed sales, according to data compiled by Florida Realtors® from My Florida Regional MLS. Combined closed sales in Sarasota County increased by 10.1 percent from May of 2016, while Manatee County experienced an increase of 1 percent from last year. … Continue reading Real Estate Report – New Listings in Response to Rising Prices

Sarasota-Manatee is No. 1 in Nation for Young Entrepreneurs

While many younger professionals consider leaving Southwest Florida, a new survey contends this is the place to be for young entrepreneurs. The Sarasota-Manatee region topped a list of Florida’s best cities for young people to start their own business ventures, according to MoneyRates.com, a personal finance website. Charlotte County tied for seventh, one of the … Continue reading Sarasota-Manatee is No. 1 in Nation for Young Entrepreneurs