Sarasota Home Sales Remain Strong – May 2018

Homes Sales Report for May 2018 Sarasota and Manatee County has closed more home sales so far in 2018 than sales in January through May of 2017. Inventory is still tight and median prices continue to rise year-over-year. Overall, this month reports more closed sales and pending sales across the two counties. The two-county area reported 2,191 total … Continue reading Sarasota Home Sales Remain Strong – May 2018

Hurricane Veteran’s Guide to Being Prepared

Every year, June 1 – It’s official Hurricane Season. Generator This is an expensive piece of equipment, but I wouldn’t live in Florida without one. After Hurricanes Charley, Frances, Ivan and Jeanne in 2004, we decide to invest in a portable generator. We wanted to be able to run our fridge, a window air conditioner, … Continue reading Hurricane Veteran’s Guide to Being Prepared

April Home Sales Rise Despite Inventory Challenge

Home Sales Rise – In April 2018, Sarasota and Manatee housing inventory levels dropped again, with pressure from rising median sales prices. Overall, April showed an increase in sales across the two counties, as well as an increase in new listings. April reported 2,014 total sales which is a 3.3 percent increase from last year. … Continue reading April Home Sales Rise Despite Inventory Challenge

Florida Real Estate Market Healthy, but Challenged

Home prices up, inventory down, mortgage rates iffy The Florida real estate industry is healthy, though several thorny challenges confront residential sales, one of the nation’s leading economists told a gathering of about 80 agents and brokers. Lawrence Yun, chief economist and senior vice president of the National Association of Realtors, covered the proverbial waterfront … Continue reading Florida Real Estate Market Healthy, but Challenged

EPOCH – Luxury Condo Tower – Sarasota Bayfront

An ultra-luxury condominium tower with clear bayfront views is coming to downtown Sarasota. Seaward Development’s lavish 18-story EPOCH project shows the market for multi-million-dollar condos has not passed the saturation point. The condo community will rise from a 100-foot-wide site between South Palm and South Gulfstream. The only thing separating the building from Sarasota Bay … Continue reading EPOCH – Luxury Condo Tower – Sarasota Bayfront

Closed and Pending Sales Increase in Residential Market – Sarasota Real Estate

Closed Sales As of March 2018, the two-county area has closed on 5,015 properties so far this year, an increase from this time last year. Inventory levels dropped this month and median prices continue to rise. This month also showed an increase in pending sales, indicating more closed sales on the horizon. Overall, closed sales … Continue reading Closed and Pending Sales Increase in Residential Market – Sarasota Real Estate

Tight Inventory – Median Prices Rise Again in Sarasota-Manatee Market

Home sales in Sarasota and Manatee County increased for the second consecutive month in 2018. The two-county area reports another month of tight inventory, pressuring median prices to rise again. Combined closed sales in the two-county area increased by 8.8 percent from February 2017. Manatee County single-family home sales increased by 8.6 percent to 441. Sarasota County showed … Continue reading Tight Inventory – Median Prices Rise Again in Sarasota-Manatee Market

Florida Tourism Breaks Another Record in 2017

Hurricane Irma kept Florida from reaching a goal of 120 million visitors last year but didn’t stop the state from hitting a new single-year tourism high, according to numbers released Tuesday by Gov. Rick Scott. Scott announced that Florida drew an estimated 116.5 million visitors in 2017, up 3.6 percent from the previous high of … Continue reading Florida Tourism Breaks Another Record in 2017

Oceane Siesta Key – New Luxury Condos

Preconstruction on the luxury condominiums and cabanas known as Oceane Siesta Key began Friday, February 24th, with site work and seawall expansion. Workers are adding 2 feet in height to the seawall and 152-linear-feet of seawall will be increased with the new cap. This phase is scheduled to be completed by March 2. The superlatives for Oceane … Continue reading Oceane Siesta Key – New Luxury Condos

Sarasota Sales and Prices Increase in January

Sarasota-Manatee home sales and prices increased again in January 2018. Inventory tightens, but a rise in pending sales and new listings indicate the upcoming season of sales. Combined closed sales in the two-county area increased by 13 percent from this time last year. Single-family home sales in Manatee County rose by 12.7 percent to 399. Sarasota County showed a … Continue reading Sarasota Sales and Prices Increase in January