The following report is from the Realtor Association of Sarasota/Manatee as published on July 22  for closed June 2015 business.

Sales in June 2015 Continue Record Pace

Falling inventory didn’t hold back the real estate market in Sarasota and Manatee counties in June 2015, as sales continued to push into near-record territory and median sale prices rose in both counties.

Total June sales again topped 2,000 for both counties combined (2,058), pointing toward another potential record-breaking year in 2015. Sales in Sarasota County hit 1,183 in June, one more than in May and 12.9 percent higher than last June. Manatee County saw total sales of 875, above the May figure of 827 and about 24 percent above last June’s level.

Sarasota Real Estate Market Update from SaraSellsSarasota.comMEDIAN SALES…

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Siesta Key Condo Rental Restrictions by Building

Siesta Key has over 67 different condo complexes on the Island each having different rental restrictions and policies. Rental restrictions range from a minimum rental of 1 to 3 day stay to a minimum 12 months.

Minimum lease means renting nothing less than each complexes rental policies. Pets are not allowed with rentals.

Why is this? Some complexes don’t mind the more frequent move in and out of people in the building, while others have decided that they don’t want to have as many changes of people moving in and out during their vacations. Each complex has it’s owns rules for rentals.

Many owners of Siesta Key condos rent their units when they are not there which helps to cover or defray the…

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