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
Sarasota Best Place to Call Home
Sarasota is the best place in Florida to call home. U.S. News & World Report placed the Sarasota metro area No. 21, ahead of any other place in Florida, for its100 Best Places to Live in the USA. Indeed, the biggest factor affecting the ranking is net migration, which ranks 10 on a one-to-10 scale … Continue reading Sarasota Best Place to Call Home
Season Off to Solid Start in Sarasota and Manatee
Recent data produced by Florida REALTORS® for our two county area indicates January 2017 to be off to a solid start to Season sales. Inventory has been increasing in the two-county area each month since September. The result of higher inventory is that we are very near the balance between a seller’s and a buyer’s market. January … Continue reading Season Off to Solid Start in Sarasota and Manatee
Home Sales Slow in January
Homes Sales Slow, but prices continued to rise. Home sales in Sarasota and Manatee counties fell in January as tight inventory and competition from new homes continued to take a slight edge off the movement of existing properties. There were 1,243 sales of existing homes and condominiums last month, down 2.4 percent from the 1,274 … Continue reading Home Sales Slow in January
City Strikes Deal with Downtown On-demand Transportation Service
The City Commission approved a $338,000 contract with a private operator to start a free, on-demand transportation service in the heart of the city. Within the next 60 days, a new on-demand transit service will make its debut in downtown Sarasota. The City Commission voted 5-0 Monday to approve a contract with The Gotcha Group, … Continue reading City Strikes Deal with Downtown On-demand Transportation Service
Condo Market Shows Strength in December 2016
Condo Market Sarasota and Manatee County Closed sales for condos increased in each county in December as compared to December 2015, with Sarasota at a 12.5 percent increase and Manatee at a 7.8 increase. Single family sales, however, are down from last year. Sarasota County decreased by 6.1, while Manatee experienced an 8.2 percent decrease. … Continue reading Condo Market Shows Strength in December 2016
Sarasota Area Ranked No. 10 in List of ‘Hottest’ Real Estate Markets
The North Port-Sarasota-Bradenton region was recently ranked one of the ‘hottest’ real estate markets of 2017 by the real estate research website Trulia. The North Port-Sarasota-Bradenton region was recently ranked as the No. 10 “hottest” real estate market of 2017 by the real estate research website Trulia. The site compiled the list by examining “five key metrics including … Continue reading Sarasota Area Ranked No. 10 in List of ‘Hottest’ Real Estate Markets
The Strand – Condo Project Planned on Whitaker Bayou
Developer JEBCO Ventures plans to build a 116-unit condominium with boat slips on Whitaker Bayou. Called The Strand, the project will contain three buildings and 47 boat slips at 1889 N. Tamiami Trail. Two phases are planned: 76 waterfront units, followed by 40 garden/pool view units. Prices will start in the low $500,000s. JEBCO says the … Continue reading The Strand – Condo Project Planned on Whitaker Bayou
Healthy Market Ready for Seasonal Sales
Healthy Market – Total closed sales are up by 8.7 percent from November 2015 for single family homes and condos in Sarasota and Manatee counties. Single family homes showed the most improvement from last year, with a 10.5 percent increase in the two-county area, while condos also increased by 4.5 percent. Inventory also showed improvement … Continue reading Healthy Market Ready for Seasonal Sales