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
Siesta Beach in Sarasota is No. 1 in U.S. Again
For the second time in seven years, Siesta Beach earned the equivalent of an environmental Oscar: the No. 1 Beach in America. The beautiful stretch of white sand — known the world over for its glittering white quartz crystals — previously won the award from Stephen “Dr. Beach” Leatherman in 2011, a distinction that likely … Continue reading Siesta Beach in Sarasota is No. 1 in U.S. Again
Sarasota/Manatee Housing Market Still Tipped Toward Sellers
Advantage Sellers According to the recent numbers compiled by Florida REALTORS® from My Florida Regional MLS, April 2017 reflects an increase in single family closed sales, median sales prices and inventory in Sarasota and Manatee County as compared to April of 2016. Closed sales in Sarasota County increased by 8.3 percent for single family homes, … Continue reading Sarasota/Manatee Housing Market Still Tipped Toward Sellers
Home Sales Jump as Season Winds Down
Homes sales in Southwest Florida heated up in March, rising 8.6 percent over the year as the real estate market sailed into the end of the peak-selling season. After a cool-off in 2016 — which followed two record years — sales of previously owned single-family homes and condominiums so far in 2017 are 4.1 percent ahead of last year’s … Continue reading Home Sales Jump as Season Winds Down
Sarasota Quay Developer Focusing on Retail
Sarasota Quay developer GreenPointe Communities has ambitious plans for its 15-acre, waterfront tract on the edge of the city’s downtown, but its roughly $1 billion plan will likely hinge on its retail offerings. The Jacksonville-based developer, during an Urban Land Institute tour of key Sarasota projects earlier this month, says it plans ground-floor retail “at … Continue reading Sarasota Quay Developer Focusing on Retail
More Inventory – More Choices in Sarasota Real Estate
More Inventory – The combined inventory of single-family homes and condos in the two-county area reached 8,557 in February, the highest number since April of 2012. The number of single family homes for sale in Sarasota County is up by 15.1 percent from February of last year, and is up by 6.5 percent in Manatee … Continue reading More Inventory – More Choices in Sarasota Real Estate