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.   [...]

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 [...]

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. Single [...]

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 [...]

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 [...]

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 [...]

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 County. Condo inventory also [...]

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 [...]

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 sales in [...]

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 [...]