Sarasota Real Estate Information

Siesta Key Beach Sand Sculpting Contest

This years 4th annual Siesta Key Beach - Crystal Classic Master Sand Sculpting Contest is taking place on Siesta Key Beach from November 15-18, 2013.  This has become an annual event that attracts 20 Master Sand Sculptors and over 35,000 attendees to Siesta Key Beach from around the world.

Starting Friday November 15, from 9-5 and continuing through Monday.  There will be a Vendors Village, Sand Sculpting Demonstrations, Live Music, Amateur Contests, Volleyball Competition, Shuttles for Parking and above all else 20 Master Sand Sculptors creating sand art some as high as ten feet tall.  Judging will take place on Sunday from 12:30-1:30 with an awards ceremony on Sunday from 3:00-4:00. 

Admission is $5 per person per day at the event or you can…

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Sarasota Real Estate Market Report: August 2013

August Sales Up 11.6 Percent Over Last Year
Single Family Home Median Price Up 30 Percent

The following report is from the Sarasota Association of Realtors as published on September 24, 2013.

SALES
The August 2013 property sales in Sarasota County stood at 957, a dozen sales less than
recorded in July 2013, but 11.6 percent higher than in August 2012. In addition, the median sale price for single family homes in the county rose to $195,000, 30 percent higher than last August’s figure of $150,000, and higher than July’s figure of $189,900. Condo prices were at $161,000, slightly higher than July’s figure of $159,000 and 7.1 percent higher than last August’s figure of $148,889.

MEDIAN PRICES
Monthly median prices are susceptible to swings based on sales…

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Bent Tree Woodlands Home for Sale

Enter thru the gated community of the Woodlands of Bent Tree and be embraced with the neighborhood’s lush landscape, canopied oak trees and beautiful lakes.   These estate homes sit on large lots and have their own unique look and charm.

This lovely 4 bedroom, 2 bath home with pool is over 2,600 square feet of living area and has been tastefully decorated with bright splashy colors.   The owner, an artist converted the 4th bedroom to an art studio.

The home has high and vaulted ceilings, crown molding and a wood burning fireplace.  All of the rooms are large in size with gas cooking.  The enclosed pool/spa and lanai areas are private and spacious with a southwest exposure.  The large lanai has pavers surrounding.  Extra features include newer roof,…

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Sarasota Real Estate Market Report: June 2013

June 2013 Inventory Drops to New Record Low

The following report is from the Sarasota Association of Realtors as published on July 15, 2013. 

The inventory of available homes in the Sarasota market fell to only 3,114 in June 2013 – the lowest level in longer than a decade, and an 18 percent drop from last year at this time. Declining inventory generally results in greater competition for available homes and condos and subsequent price escalation.

SALES
Members of the Sarasota Association of Realtors® sold 883 properties in June 2013, a drop from the May 2013 figure of 1,020 which represented an eight-year high, but up 2 percent over June of last year.

The Sarasota real estate market tallied 642 single family homes and 241 condominiums in June 2013,…

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Sarasota Real Estate Market Report: May 2013

May 2013 Sales Hit New 8-Year High

The following report is from the Sarasota Association of Realtors as published on June 20, 2013.

Members of the Sarasota Association of Realtors® sold 1,020 properties in May 2013, the second consecutive month that sales have hit four figures since June 2005. In many respects, April and May were statistical mirror images of each other in terms of total sales, pending sales, steadily increasing median sales prices and declining inventory. There have now been only 11 months in SAR’s 90-year history that sales have topped 1,000, with the other nine occurring in 2004 and 2005.

SALES
The spring sales surge in the Sarasota real estate market hit 737 single family homes and 283 condominiums in May 2013. That compared to…

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The Housing Market is Back and Everyone is Agreeing

The Housing Market is Back and Everyone is Agreeing

Read what the major publications are writing.

US News and World Report  December 19, 2012

“Rising home prices should motivate would-be sellers to put their homes on the market and it also stimulates new construction, both of which will expand inventory, boost sales, and give house hunters more to choose from.”

CNN Money Magazine  April 8, 2013

“Inventory is tight, and bidding wars are back in some parts of the country.  To snag your dream home, you’ll have to pay up and contend with continuing strict loan requirements.  The bright side: Despite rising prices and mortgage rates that are edging upward, buying a home is still cheaper than renting in the majority of the top 100 markets.”

…

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5 Reasons you should consider selling your home now

The following information is from Keeping Current Matters by Steve Harney, a  leading Real Estate Consultant.

5  Reasons You Should Consider Selling Your Home Now

Only Serious Buyers Are Out
At this time of year, only those purchasers who are serious about buying a home will be in the marketplace.  You and your family will not be bothered and inconvenienced by mere ‘lookers’.

There Is Far Less Competition
Housing supply always shrinks dramatically at this time of year. This year will be a little different as some of the distressed properties being liquidated by the banks (in the form of foreclosures & short sales) will enter the market.  However, for those buyers looking for a non-distressed property, the choices will be limited. Don’t wait…

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Sarasota Real Estate Market Report: February 2013

Sarasota Real Estate Market continues 2013 surge;

February Sales up 24 percent over last year

The following Information and Statistics are from the Sarasota Association of Realtors monthly report published March 15, 2013.

The Sarasota real estate market saw sales leap by 24 percent in February 2013, compared to February 2012. This follows January’s 22 percent increase, and if the rest of the year continues to reflect 20 percent monthly sales increases, 2013 could be one for the record books.

SALES
Members of the Sarasota Association of Realtors® sold 733 properties in February, compared to only 591 sales last February, and 626 closings last month. The breakdown was 504 single family homes and 229 condominiums. That compared to 414 single family…

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Boca Royale Country Club Home for Sale

Boca Royale Country Club Home for Sale in the private and gated Boca Royale Golf and Country Club in Englewood, Florida.

This elegant 2010 custom built Arthur Rutenberg - Boca Royale Country Club home for sale has a lake view and is a wow factor.   Enter thru the double wrought iron front doors with operable glass panels and see this beautifully designed home with a marble medallion on the entrance floor surrounded by tile flooring and crown molding throughout with 8 different architectural ceilings, arches and columns.  Spacious and bright this home offers over 3,846 square feet of living area with each bedroom having its own private full bath and custom walk in closet.  Enjoy cooking in a chef’s dream kitchen with gas, top of the line appliances, a…

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Grove Pointe Family Neighborhood Home for Sale

The Grove Pointe family neighborhood has for sale this 4 Bedroom, 3 Bath home with an office, heated pool and spa.  This Grove Pointe home offers large areas for entertaining which includes a living room, separate family room and formal dining room.  The large sliding glass doors pocket giving all the rooms overlooking the pool area an open air feeling as you look onto the large lanai.  This Grove Pointe home has many upgrades taken care of so all you need to do is move in and enjoy for years and years.  Some of the upgrades include a new roof and pool solar panel system, new appliances including the refrigerator, dishwasher, microwave, stove and hot water heater.  The pool and spa has a new heater and has been resurfaced with a Pebble-Tech finish.   The…

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