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October 2016

Found 4 blog entries for October 2016.

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on October 20, 2016 for closed September 2016 business.

Sales and Prices Up, Inventory Remains Tight

Total closed sales in September in the two-county area are up 2.6 percent over September of last year, with single family sales up 3.8 percent, and condo sales down just under 1 percent. Single family home sales in Manatee County posted a 13.8 percent increase, while condo sales in Sarasota County were up 3.3 percent over last year. Sales were down year over year by 3 percent for Sarasota County single family and down 6.2 percent for Manatee County condos.

While inventory in the two counties is up 19.8

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Lido Key Condo Rental Restrictions by Building

Lido Key has over 18 different condo complexes on the Island each having different rental restrictions and policies. Rental restrictions range from a minimum rental of 1 week stay to a minimum 12 months.  Most of the complexes have a limit on the number of times that you are allowed to rent out your property.  This is to prevent what could be a revolving door effect of constantly having people moving in and out of the building.

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

Below is the list of Lido Key Condo buildings and complexes with their rental policies.

Beach Residences - 1 month minimum 3 times a year.

Key Tower South - 1

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Lido Key Pet Friendly Condo Buildings

Lido Key has 8 condo buildings that are pet friendly and allow owners to have a pet.  Pet size and the number of pets that you can have are different for each Lido Key Condo building.  Lido Key Condos that are pet friendly are for the owners only, tenants are not allowed pets.  Please keep in mind that these restrictions may change from time to time depending on the rules of each building so before you purchase a condo be sure to ask what the current restrictions are.

Please see below a list of all the condo buildings on Lido Key and what the pet restrictions are for each building.  By clicking on the name you can see what's for sale in each of these buildings. 

Beach Residences - Owners can have 2 pets up to

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The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on September 22, 2016 for closed August 2016 business.

Fewer Distressed Sales Indicate a Healthier Market

Sales of distressed properties in the two-county area continued to decline in August, down 53.9 percent from the same month last year. Distressed sales in August comprised only 5.8 percent of total sales compared to 12.8 percent last August.  Closed sales of single family homes and condos combined are up only slightly, 1.8 percent ahead of last August. But a closer look at traditional sales (non-distressed properties) reveals a 9.9 percent increase over the same month last year.

“This is an

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