The following report is from the Realtor Association of Sarasota/Manatee as published June 24, 2015 for closed May 2015 business.

May 2015 Sales Continue Record Pace

The residential real estate market in May 2015 in both Sarasota and Manatee counties continued to produce near-record sales, pointing toward another potential record-breaking year in 2015.

Overall sales in Sarasota County hit 1,182, only 42 sales below last month's all-time monthly record, while Manatee County saw total sales of 827, higher than April's figure of 813 and last year's May total of 752.
Sales levels in both Sarasota and Manatee counties have been at historically high levels for several months, and median sale prices have also been trending upwards.

Palmer Ranch Homes for SaleMEDIAN SALES…

1423 Views, 0 Comments

Palmer Ranch is now seeing a flurry of new home construction with 6 new Palmer Ranch neighborhoods being built. After taking a break from 2006 to 2011, builders such as Taylor Morrison and the PutleGroup are now busy clearing land and adding new neighborhoods to one of the most desirable areas of Sarasota.  Josh Salman of the Sarasota Herald Tribune recently wrote the following article.

By Josh Salman, Sarasota Herald Tribune June 1, 2015

The South is Rising. Stymied by the Great Recession, the Palmer Ranch are of southern Sarasota County is coming roaring back.

Southwest Florida's real estate boom has made its way to Palmer Ranch a master-planned community in southern Sarasota County marked by prestigious golf courses, wandering families of…

2976 Views, 0 Comments

Recently the sands of Lido Beach Renourishment project was completed by the city of Sarasota for the summer of 2015.  A larger project is being discussed for the future with the U.S. Army Corps of Engineers.
Ian Cummings of the Sarasota Herald Tribune recenlty posted this article on May 29, 2015.

SARASOTA - Visitors to Lido Beach this summer will find the shoreline more robust than it has been in years.

A city project this spring fortified the beach with 200,000 cubic yards of additional sand. The recycled sand, deposited on a 1.8-mile stretch of beach from Lido Pool to Ted Sperling Park, restored losses from Tropical Storm Debby in 2012.

The city project was mostly completed in March, before sea turtle nesting started in May. Sarasota city…

1547 Views, 0 Comments