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6021 Midnight Pass Rd, Sarasota FL, 34242
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Sarasota Real Estate Blog

Sarasota Real Estate Market Remains Strong

Real estate numbers remained strong in Sarasota and Manatee counties for December 2017 with median sales prices, the number of closed sales and the number of pending sales all climbing as was the trend across Florida real estate. 
This is great news for the real estate industry as sales normally slow during December as sellers prepare their properties for the busy spring season while many buyers decide to stay in their current homes until after the busy holiday season. The usual pattern, however, was seen to some extent with the combined two counties experiencing a 28.3 percent decline over November 2017 and 12.9 percent decline over December 2016. 

With the number of foreclosures dropping to the lowest…
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Sarasota Real Estate Market Stays Hot

November continued to be a hot seller's market in the Sarasota and Manatee area with increased sales, higher prices and an increase in the number of listings. The sales of condos were particularly hot during November 2017. This was great news for sellers because sales usually slow just before Thanksgiving, and they do not pick up again until spring arrives.

After reaching a low in September, inventory of homes on the market continues to inch upward. During November 2017, there was 1.1 percent more homes for sale than a year ago. Manatee County saw a 7.5 percent increase in the number of single-family homes closing. It appears that many families dreamed of closing on their single-family home by the holidays

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Sarasota Real Estate Market Bounces Back

The real estate market will continue to recover from the devastating impact of hurricane Irma in Manatee and Sarasota counties. There are more new listings and pending sales as the market continues to show a healthy growth trend this month.
Closed sales for single-family homes grew by 2.7 percent in the two counties while condos went down by a 10.4 percent since October 2016.   Florida’s rather healthy job opportunities and population growth play important factors. They both should help sales to get back to where they were before the hurricane Irma, said Lawrence Yun, Chief Economist, National Association of REALTORS®.  

End of Season Decreases

The drop in sales is typical for this time of

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Real Estate Market Stats For September - Hurricane Irma Effects

Since early September, residential real estate sales in Florida have steadily decreased. Before September 10, when Irma made landfall on the Florida coastline, the Sarasota real estate market was relatively strong. However, the momentum was stalled while the state shifted into clean-up mode after the hurricane. Many believe that the market will soon return to normal but owners will be more cautious about the property they purchase.  

Market Stats Since Irma 

It has not just been the residential real estate market that has been hit hard but the overall real estate market in Florida which is suffering due to Irma. September 2017 real estate reports in Florida conclude that…
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Sarasota and Manatee Counties Seeing Growth in Housing Market

Sarasota and Manatee counties continue to see strong growth in the local housing market - a good sign for the local economy and anyone who owns or would like to invest in Sarasota real estate. The August 2017 report, compiled from data provided by My Florida Regional Multiple Listing Service, showed positive trends in almost all categories. Here is a breakdown of the report and what it means for the two-county area.

Higher Closed Sales

The number of closed sales of single-family homes in Sarasota and Manatee counties was 6.9 percent higher in August 2017 when compared to August 2016. Closed sales for condos were up too, though only slightly at 0.8 percent. For the month,

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Still Great Opportunities For Buyers and Sellers

Whether you’re looking to buy or sell your home, the Sarasota Florida real estate market offered excellent opportunities in July 2017. For home-buyers, the good news came in the form of an increase in the number of homes and condos on the market in July. This jump in available properties provided ample inventory for house hunters.

The region also saw an increase in the median time between a home’s listing and its final contracted sale, giving home-buyers a more relaxed pace for making their home and condo purchase decisions.

There was good news for home sellers, too. According to My Florida Regional Multiple Listing Service, Sarasota Florida real estate saw an increase in the number of

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A Shift in the Market

There has been a significant shift in the market that is garnering the attention of investors and analysts. The June 2017 statistics reflect a rather healthy increase in available inventory as well as the median sales price and the median contract. 

The data also shows that pending sales have increased and closed sales have decreased over the same time last year for the combined two county area, according to the My Florida Regional Multiple Listing Service. The longtime data gathering firm compiles data monthly and compares it to last year to better serve Realtors and potential buyers and sellers about the market. 
Why is it important to know what’s happening in the industry on a local level? They give you a window

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pet friendly parks near siesta key

If you're a dog owner, you already know how much fun it is to get outside and play with your furry friend, but finding that perfect spot for the two of you can take a lot of searching. Fortunately, there are several pet-friendly parks near Siesta Key that boast a number of amenities for you and your playful pooch. Hopefully, you'll find the perfect fit in one of these parks and take your relationship with your pet a whole new level of fun!

Each of these pet-friendly Siesta Key parks are a bit different, with some featuring beautiful waterfront views and a beach, while others have spacious grassy areas for your dog to run free without a leash. Depending on how far you're willing to drive and how much your dog enjoys the ocean, there's also one

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As of May of 2017, data assessed by Florida Realtors® from My Florida Regional MLS showed an increase in new listings, closed sales, median sales prices, and inventory in Sarasota and Manatee County.

End of Season Decreases

As is typical for the end of the season, there was a decrease in properties listed in last month's report. This month, new listings have showed an increase from last year at this time. Single family homes increased by 2.3 percent over the last year in Manatee County, while condos have increased by 0.8 percent. Sarasota County condos increased by 1.3 percent, while single family homes have increased by 8.5 percent in the same time period.

Condo Prices Increase in Both Counties

In Sarasota, the median sales price has

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With superb weather, wonderful beaches, numerous scenic parks and a multitude of nature preserves, Sarasota and Manatee housing attracts plenty of potential residents. That desire to live in a recreational paradise is partially responsible for the sellers market that continues in the area. According to Florida REALTORS®, as of April 2017, the My Florida Regional MLS shows more inventory and closed sales as well as higher median sales prices when compared to the same month in 2016.

Home Sales and Median Price Range Increase

Single family home sales increased by 1.5 percent in Manatee County while Sarasota County showed an 8.3 percent jump. However, condo sales dropped by 22 percent in Manatee while falling only 0.3 percent in Sarasota.

The

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