The following report, information and statistics are from the Realtor Association of Sarasota and Manatee Board of Realtors as published for the Realtor Members on June 22, 2023 for closed May 2023 Business.

Sarasota-Manatee Housing Market Begins to Stabilize, but Remains a Seller's Market

SARASOTA, Fla. (June 22, 2023) – Despite the persistence of higher home prices and interest rates, buyer demand is still present in the Sarasota and Manatee housing market. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), May 2023 showed an ongoing rise in the month’s supply of inventory accompanied by an increase in the time it took properties to go under contract.

Closed Sales

REALTORS®…

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Palm Aire Country Club Golf Course Home

    7908 Broadmoor Pines Blvd, Sarasota, FL 34243

    
Palm Aire Country Club Golf Course Home for Sale - Palm Aire Golf Front Home at its finest!  Over 1/2 acre lot. This spectacular pool home has over 5,000 square feet of living area and 2 downstairs master bedroom en-suites one with a contemporary electric fireplace along with 2 additional bedrooms, an office, game room with wood burning fireplace, large dining room with wood burning fireplace, open family room, 3 1/2 baths, roof top patio area, and a grand solarium area that could be used as a martini room. Tastefully updated with a modern flair, engineered hardwood flooring, impact windows and doors, circular paver driveway, spacious portico entrance,…

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Siesta Key Condo Buildings with Kayak and Paddle Board Storage and Launches

Siesta Key is perfect for Beaches, Bars, Boats, Restaurants, Shops, along with Kayak and Paddle Boarding.  The waters of the Intracoastal Waterway ICW and the Sarasota Bay make it the perfect location to Kayak and Paddle Board in protected waters while enjoying the scenic views of majestic homes, boats and wildlife.  The ICW is great for leisurely paddling amongst the mangroves, watching dolphins and manatee and fishing.  Sarasota is know for great fishing for snook, redfish, trout, bluefish, Spanish mackerel and pompano just to name a few. 

You can always rent Kayaks and Paddle Boards at the southern area of Siesta Key across from Turtle Beach.  This area has two boat…

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The following report, information and statistics are from the Realtor Association of Sarasota and Manatee Board of Realtors as published for the Realtor Members on May 18, 2023 for closed April 2023 Business. 

Manatee County's Median Home Price Surpasses Previous Record

SARASOTA, Fla. (May 18, 2023) – The housing market in Sarasota and Manatee counties reported year over-year increases in the median sale price for both property types, with single-family homes in Manatee County reaching a new record. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), pending sales show signs of positive growth, while closed sales and new listings have declined, reflecting an evolving market.

Closed…

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Terraces of Forest Lakes Condo

2237 Beneva Terrace, Sarasota, FL 34232

Terraces of Forest Lakes - Welcome to this Beautiful second floor condo located in the center of Sarasota. This unit offers 2 bed, 2 updated baths and a updated kitchen. New laminate flooring throughout the whole unit. The lanai offers a sunrise view overlooking a beautiful pond. Terraces of Forest Lakes is a maintenance-free community and includes your water, sewer, trash, cable and pest control. You will also have your own covered parking spot and outside storage closet. With this location you are within a 5 mile radius of downtown Sarasota and our world famous Siesta Key Beach. Not to mention just a short drive to many great restaurants, shopping and the Legacy Trail.

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Legacy Estates - Mercedes Model Home

12044 Legacy Estates, Sarasota, FL 34238

Legacy Estates on Palmer Ranch - Rarely Available this Mercedes Model home on the Legacy side of Esplanade on Palmer Ranch with gorgeous dual lake views. Beautiful sunsets that glisten over the front lake and gorgeous orange color sunrises over the back. Elegantly decorated with exquisite chandeliers, crown molding, tray ceilings, travertine flooring, quartz countertops, and soaring 12 foot ceilings -this home boosts CLASS! Over 4,400 square feet of living area - 4 bedrooms, 4 full baths and 2 half baths with each bedroom having its own ensuite for privacy and a large upstairs bonus room with wet bar for additional entertainment. Gourmet kitchen featuring GE Cafe…

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Esplanade/Legacy Estates Pallazio Home

5384 Trails Bend Court, Sarasota, FL 34238

Esplanade on Palmer Ranch/Legacy Estates - Rarely available Pallazio Model in this gated community!  This stunning lake view 3 bedroom, 3 bath home built in 2020 with over 3,100 square feet of living space is a must see!  Grand foyer entrance with soaring 10 foot ceilings and 8 foot doors throughout.  3 ensuite bedrooms for privacy.  All three bathrooms with glass shower enclosures.  Gourmet kitchen featuring Monogram stainless steel appliances, pull out wooden cabinets for easy access, wine bar area with glass cabinets & wine refrigerator, gas cooking, farmer's sink, extra large quartz kitchen island and lots of counter space to prepare your favorite dishes.  The…

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The following report, information and statistics are from the Realtor Association of Sarasota and Manatee Board of Realtors as published for the Realtor Members on April 21, 2023 for closed March 2023 business. 

Sarasota-Manatee Home Sales Show Month-Over-Month Growth in March


SARASOTA, Fla. (April 21, 2023) – The housing market in Sarasota and Manatee counties reported nearly 50 percent more sales in March than the month immediately prior, while single-family home sales in Manatee County increased year-over-year for the first time in 12 consecutive months. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), inventory continues to grow while home values hold steady.

Closed Sales

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The following report, information and statistics are from the Realtor Association of Sarasota and Manatee Board of Realtors as published for the Realtor Members on March 21, 2023 for closed February 2023 business. 

Home Prices and Inventory Rise in Sarasota and Manatee

SARASOTA, Fla. (March 21, 2023) – Home sales in Sarasota and Manatee counties showed a year-over year decline but a month-over-month increase in February. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), inventory continues to increase significantly from the same time last year while the number of days from listing to contract has also increased by more than 250 percent in the North Port-Sarasota-Bradenton MSA.

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Just Sold Gulf & Bay Club Condo on Siesta Key Beach

This Condo at Gulf and Bay Club at 5780 Midnight Pass Road in Building B unit 609 SOLD ON  FEBRUARY 24, 2023 for $1,315,000

This is a 2 bedroom, 2 bath condo with direct views of the Gulf of Mexico and the entire unit was completely renovated in 2021 with raised ceilings and moved walls to allow more usable space in the condo. The lanai was enclosed with impact glass windows with screens making this area much larger as a sunroom with views of the Gulf of Mexico.  The condo also has a laundry room with a stackable washer and dryer. This condo was sold Turn Key Furnished. 

Gulf & Bay Club is located directly on the crystal white sands of Siesta Key Beach with direct views of the Gulf of…

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