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April 2, 2014

Sarasota Real Estate Market Update - First Quarter 2014

Sarasota Real Estate Market Update - 2014 Q1

The Sarasota Real Estate market continues to show strength in total units sold, average price per squAnnual Trend of the Sarasota Real Estate Market 2004-2013are foot and average sale price.  Market time is tightening for non-bank involved sales and the list price to sales price ratio is improving.  Annual levels are at almost record levels and the shorter term is looking quite healthy as well.


Unit Sales – Q1 2013 vs. 2014

Overall unit sales were flat as compared to Q1 of 2013 but are showing a shift away from short sales.  The underlying make up of total unit sales show significant improvement in non-bank sales which are making up the decrease in short sales.  What we started to pick up in the 2013 end of year report was the almost two-thirds drop in closed short sales.   We view this as a signal that distressed properties are having less impact in the overall market.  We believe that sellers may be less inclined to short sale their homes due to the expiration of the deficiency waivers allowed for underwater home owners.

Foreclosure sales increased by

Posted in Market Updates
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March 27, 2014

Listed and Sold in Sarasota by John Woodward

Listed and Sold by John Woodward

Occasionally real estate professionals are confronted with a unique property where compView of Lake Mystic in Sarasota, FLs don’t exist or recent neighborhood sales are of little use.  This is where agent experience and patience can pay off for the ultimate win-win situation as was the case here with the sale of

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March 20, 2014

Sold on Longboat Key by John Woodward

Sold on Longboat Key

by John Woodward

Congratulations to John Woodward of Sarasota Real Estate Group for his latest Longboat Key sale.

It’s was clearly the view that sold this top floor condo.  With sweeping bay views of Sarasota bay, it almost hard to believe that such beauty could be had for under $300,000.  Recently renovated inside along with a total exterior facelift this year, the experience of owning what feels like a new condo at an affordable price is exactly what the new owners found.

First Longboat Harbour features direct beach access, a

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Feb. 21, 2014

Sarasota Real Estate - Sold in Serenoa Lakes by John Woodward

     Sold in Serenoa by John Woodward

Congratulations to John Woodward of Sarasota Real Estate Group for his latest sale located in the upscale gated golf course community of Sernoa Lakes at 6793 Areca Blvd, Sarasota, FL.   This home offered the new owners a private sanctuary with a scenic view of water and open spaces on over a half acre. With over 3,500 of living space, a three car garage, and an over-sized lanai and pool, this home is perfect for

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Jan. 19, 2014

Sarasota Real Estate December 2013 Market

Sarasota Market Report for December 2013

              Sarasota Real Estate Units Sales December 2013 by Month

Monthly View for December 2013

Sarasota Sales month over month continue to show a fairly consistent upward trend.  With the monthly dips and peaks, we see higher highs and higher lows.  The greatest numbers of closings usually occur in

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Jan. 18, 2014

Sarasota Real Estate Statistics for 2013

2013 Sarasota Real Estate Year Report

          Sarasota Real Estate Sales by Unit - 2004-2013


2013 Summary

The Sarasota Real Estate market showed continued strength for 2013. Total sales for 2013 were up 9.6% which ended up surpassing 2005 levels.  Sales were within 5% of the all-time sales year of 2006 based on total units sold.  Average marketing time to contract dropped 31% from 115 days in 2012 to 88 days in 2013.

Bank Participation Down

Looking behind the broad numbers, short sales

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Jan. 12, 2014

Just Listed - 5432 Cornsilk Terr, North Port FL - Kimberlie Slade

New North Port Home for Sale

5432 Cornsilk Terrance, North Port, FLThis home boasts a very private and quiet North Port location featuring a 3 bedroom, 2 bath, 2 car garage with a brand new reverse osmosis system, brand new well pump, and has been totally updated and upgraded to the owners exacting standards throughout.  There is a wonderful screened lanai that spans the back of the home overlooking a private greenbelt view and there is plenty of room for a pool if desired.  This home has a very open floor plan, with plenty of natural light, perfect for entertaining.  Tile and wood floors throughout, hurricane impact resistance windows, inside laundry room.

The original owner has kept this home to a perfecting 5432 Cornsilk in North Port, FLstandard that is rarely seen and there are no disappointments here.  It just a short distance to the beach, shopping, restaurants, medical facilities, with the cental location this home enjoys.   If you are looking in North Port for an affordable home, this one should be put on the "must see" list!.  You’ll be proud to call this your home!

See the complete details of 5432 Cornsilk Terrance in North Port.

5432 Cornsilk - Master Bedroom

For you personal tour, call Kimberlie Slade of Sarasota Real Estate Group at 941-468-9843.

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June 10, 2013

Sarasota Real Estate Market Update for May, 2013

Sarasota Real Estate Market Continues Up

The Sarasota Real Estate Market is peaking at higher levels both in units sold and price as we predicted at the end of last year.  This is good news for sellers in this market.  For buyers who believe history repeats itself, there may be opportunities to buy at relatively attractive levels over the summer.

Sales May be at a Seasonal Peak

Sarasota Real Estate Sales by Units Sold through May 2013

Sales appear to be peaking at the same time as the previous two years during early summer but at an almost 10% higher level than last year in terms of units sold.  After making two attempts

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May 28, 2013

The Best Time to Buy in Sarasota

When is the Best time to Buy in Sarasota?


Real Estate is  one of the biggest investments we will ever make.  Like any other investment, timing can be a key component of an overall purchase strategy.  For those who have been following our market updates, we called the bottom in April of 2011.  We not only track the number of sales but also average price and price per square foot for Sarasota County. 

 

Patterns Emerge Since 2010

What we saw in the 2012 Sarasota Market Report were consecutive years of higher

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April 17, 2013

Wet Slips at Osprey Harbor Village for Sale

Just Listed - Covered Wet Slip

Rare Covered Slip Accomodates 50 foot Boat

Osprey Harbor Village - The Wet Slips at Bellagio

It is a rare occasion to find covered boat slip in the Sarasota and here is the real deal!  Situated just of the intra-coastal waterway in Osprey Harbor Village at the Wet Slips at Bellagio Harbor, your yacht, up to 50+ feet stays out of the Florida sun in the protected harbor.  Located at 480 Blackburn Point Road in Osprey, It’s just a quick trip south by water to

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