Sarasota Real Estate Market Updates 
There are currently 16 blog entries related to this category.
Sarasota Real Estate Market Report: March 2012 Closed Business
Friday, April 20th, 2012 at 11:26am. 97 Views, 0 Comments.
Please find below the Sarasota Real Estate Market report for March 2012 closed business that was released this week from the Sarasota Association of Realtors to its members and the public.
As you will see activity has drastically increased, inventories are low, and median prices have started to rise.
If you have questions about a particular area of Sarasota please feel comfortable in calling or emailing me to learn more.
The following information was taken from the Sarasota Association of Realtors Monthly report dated April 18, 2012. To see more information and graphs please visit their website at Sarasota Association of Realtors.
SALES
The Sarasota real estate market saw sales climb to a seven year high in March 2012, with 831 properties changing…
Sarasota Real Estate Market Report: February 2012 Closed Business
Wednesday, March 21st, 2012 at 5:09pm. 159 Views, 0 Comments.
Please find below the Sarasota Real Estate Market Report for February 2012 closed business. 
Sales continue to climb with Pending sales at an 11 month high. In just a few words describing the current Sarasota Real Estate Market:
Sales are UP
Prices are Stable
Multiple offers are happening, and
Pending Sales are off the charts.
If you have any real-estate questions or know of someone who does please feel comfortable either in calling or E-mailing me and I would be happy to help.
The following information was taken from the Sarasota Association of Realtors Monthly report dated March 14, 2012. To see more information and graphs please visit their website at Sarasota Association of Realtors.
Sales Climb in February 2012: Pending Sales Rise to 11-Month High
Sarasota Real Estate Market Report: January 2012 Closed Business
Friday, March 2nd, 2012 at 9:21am. 262 Views, 0 Comments.
The Sarasota Real Estate Market continues with more good news of activity. Please find below the most recent report as published by the Sarasota Association of Realtors for closed January 2012 business.
The up-tick in our market continues with properties that are priced correctly being seen quickly by serious buyers who are ready to own a piece of sunny Sarasota. I personally had 3 properties in the past 2 months that I brought onto the market and within days had serious offers and moved quickly to the closing table. I included with this update a link to a video clip interview done by Al Roker of the Today Show with Barbara Corcoran. Barbara chooses Sarasota. To see the clip please visit
#1 Biggest Market Sale.
This positive National news continues to…
Sarasota Real Estate Market Report for December and the Year 2011
Thursday, January 19th, 2012 at 6:51pm. 200 Views, 0 Comments.
Please find below the market report from the Sarasota Association of Realtors for the closed December 2011 Business. This is not only the numbers for December but they have also included the year end perspective.
Overall the year 2011 sales are up 8.2 percent achieving the highest sale level since 2005 and prices have stabilized over this past year. This is good news for both the buyers and sellers. Sellers are realizing that if they want to move, because of the low inventory, houses that are coming onto the market are being seen quickly.
At the end of December I brought a new listing onto the market and had 6 offers in the first few days. With one of those offers being accepted as a cash closing in 2 weeks. This is not an uncommon story. The reason…
Real Estate Sarasota - Market Update for November 2011 Closed Business
Saturday, December 17th, 2011 at 12:30pm. 234 Views, 0 Comments.
Please find below the latest statistics and information for Real Estate in Sarasota from the Sarasota Association of Realtors published this past week December 15, 2011. To view the article you can access it by visiting “Sarasota Association of Realtors November Sales”.
The Sarasota Real Estate market continues to show improvements with a declining inventory and stabilizing prices. We at Michael Saunders & Company at the Palmer Ranch Office are seeing a volume of sales that we haven’t seen since 2005. I personally have seen the effects of a low inventory creating a higher demand for properties across all price ranges. One of my listings came on the market and on the first day we had 6 cash offers. I am also seeing short sales closing much quicker…
Sarasota Real Estate Inventory and Prices June 2011
Thursday, July 21st, 2011 at 6:58am. 240 Views, 0 Comments.
The Sarasota Real Estate market continues to climb with a lower inventory of homes for sale and an uptick in the median prices. As the news of the housing industry nationally can be grime and depressing, the Sarasota Real Estate Market is seeing a declining of the number of homes and condos for sale. Inventory levels have shown a steady decline in the past 6 months to below what is considered a normal market.
A normal real estate market is considered when the number of homes for sale and the rate of homes being purchased is at a 6 month level. This is also referred to as the absorption rate. The current inventory for single family homes in the Sarasota Real Estate Market is at a 5.9 month absorption rate. Typically when the demand for houses is…
A Window of Opportunity, by Michael Saunders
Monday, June 27th, 2011 at 2:44pm. 214 Views, 0 Comments.
The following article was written by Michael Saunders this past week. As we move forward the Sarasota Real Estate market has recovered and is moving in a positive direction. I wanted you to read what Michael is saying about Sarasota.
Enjoy!
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A Window Of Opportunity | Michael Saunders Real Estate Blog
http://www.thesaundersblog.com/a-window-of-opportunity/ June 27, 2011
Posted by Michael Saunders on June 21, 2011
Throughout one of the strongest buyers’ markets in Florida real estate history, sellers have had precious little to feel cheerful about as they watched home prices deflate by as much as half from their boom-time highs of 2005. But the clouds have since parted; and…
Borrower - Beware of possible recourse with that short sale or foreclosure.
Tuesday, June 21st, 2011 at 3:48pm. 238 Views, 0 Comments.
Borrower - Beware of possible recourse with that short sale or foreclosure.
Ever since short sales and foreclosures began several years ago, there has been a growing consensus of opinion that at some time banks and lenders were not going to continue to let the borrower “off the hook” for the money owed.
That time seems to have come according to this article written by Michael Pollick on Sunday June 19, 2011 in the Sarasota Herald Tribune. Homeowner & Condo Associations along with Banks are becoming proactive in recovering deficiency judgments for the money owed on short sales, foreclosures and association fees.
Visit the link below to view the complete article and read how this may effect you if you are going to be a short sale or a foreclosure.
If…
Siesta Key Sunsets
Thursday, June 16th, 2011 at 12:27pm. 215 Views, 0 Comments.
Siesta Key Sunsets
Siesta Key Sunsets are spectacular. We often enjoy going for long walks on the beach of Siesta Key and having Siesta Key on the west coast of Florida gives us breathtaking water sunsets over the Gulf of Mexico. Every time we are walking on the beach of Siesta Key you see rows and rows of people taking sunset pictures with their iphones, droids, small cameras, and very expensive large cameras on tri-pods. Siesta Key beach at sunset has become a very popular site for taking family pictures and for sunset weddings.
Enjoy some of the latest pictures that I have taken of sunsets on Siesta Key.
If you are thinking that you may want to enjoy this style of living on Siesta Key perhaps you would be interested in owning a piece of Siesta…
Sarasota Real Estate Market Update
Monday, March 14th, 2011 at 4:06pm. 206 Views, 0 Comments.
Sarasota Real Estate Market Update
In January’s Market Update I shared that the Sarasota Real Estate Market has seen some very significant improvements. Even though national and global economics can influence the market, the bottom line has always been that real estate is local in nature. Let me explain. The price of a house in Boston has nothing to do with what a person is willing to pay for a house in Detroit. A boom for houses in Seattle doesn’t effect a bust for houses in Nevada. So what has happened to make Sarasota real estate such a hot topic around the country and how does that effect you and me?