The SarasotaOne Real Estate Blog
Sarasota Real Estate Market Update - 2014 Q1
The Sarasota Real Estate market continues to show strength in total units sold, average price per square 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
Listed and Sold by John Woodward
Occasionally real estate professionals are confronted with a unique property where comps 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
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
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
Sarasota Market Report for December 2013
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
2013 Sarasota Real Estate Year Report
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
New North Port Home for Sale
This 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 standard 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.
For you personal tour, call Kimberlie Slade of Sarasota Real Estate Group at 941-468-9843.
Join In the Discussion Here
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
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
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
Just Listed - Covered Wet Slip
Rare Covered Slip Accomodates 50 foot Boat
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