Sarasota Real Estate Market Report:

May 2012 Closed Business

sarasota_real_estate_market_report_400_01These sales numbers and pending transactions are reflecting a recovered Sarasota Real Estate Market.  Please find below the latest numbers of closed business transactions for May 2012 as published by the Sarasota Association of Realtors.

 

Sales in Sarasota Market Continue at Hot Pace in May

Sarasota Association of Realtors, June 19, 2012

The May 2012 numbers are in, and property sales in the Sarasota market once again topped 800 for the third consecutive month. The 854 closed transactions was the second highest total since September 2005, demonstrating once again a market that has recovered to levels not seen since the 2003-2005 real estate surge in Sarasota.

SALES

The breakdown was 591…

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This Wilde Pointe Drive Home for Sale in Grove Pointe has 4 Bedrooms, 3 Baths, an office and a pool.  wilde_pointe_drive_home_for_sale_in_grove_pointe_400

This Grove Pointe home is now on the market for $308,500 and features 2,532 square feet of living space with many major upgrades since it was built.  You will enjoy the top of the line kitchen appliances, granite counter tops with cherry cabinets and cherry hardwood flooring and a newer AC unit.  Each of the three bathrooms have been tastefully decorated.



There is plenty of room for entertaining and if you like to work from home there is an office in addition to the bedrooms.  There is a pool with a screened in lanai, a fenced in backyard and a 2 car garage.  This home is located at 4841 Wilde Pointe Drive in the popular Sarasota neighborhood of Grove…

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I just sold this home on Estrella Court in the gated community of Prestancia on Palmer Ranch.  I listed this home for sale on January 6 and had it closed for the out-of-the-country sellers on April 17, 2012 for $483,000. This is the write-up that was used in the MLS system.

prestancia_home_for_sale_400_02Gated Golf Course community of Prestancia in the heart of Sarasota's  very popular Palmer Ranch, which is home to the TPC Prestancia Country Club.  This home is light and bright with a grand double door entrance way.  You will enjoy entertaining in the 2 open great room areas and the large kitchen with its many cabinets and large Island.  The kitchen opens up to the family room that features a fireplace and view of the lake.  Enjoy  relaxing on the lanai  that overlooks the heated pool…

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just_sold_prestancia_home_at_7411_monte_verde_400I just sold to out of town clients of mine this beautiful Prestancia home at 7451 Monte Verde.  It had originally come onto the market in January for $615,000 and my clients purchased it in May for $575,000. 

This home is absolutely gorgeous and they were very happy to have purchased a Prestancia Home. This is part of the description from the Sarasota MLS;

“A Zen- Like feel will greet you as you enter the courtyard that leads to the front door as well as access to a full guest suite with its own entrance.  The interior is stunning and completely updated including: new wood, tile and carpet flooring; a new kitchen with stainless steel appliances, new cabinets, granite counter tops and marble back splashes; updated bathrooms highlighted by the master bath…

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Please find below the latest Real Estate numbers as released by the Sarasota Association of Realtors on May 21, 2012.  Sales volume continues to climb to a seven year high of 886 total closed transactions for April.  Pending sales, which are future closed transactions are at 1,068, which is the third straight month over 1,000.

The following information and statistics was taken from the Sarasota Association of Realtors.  To view more information and graphs please visit "Sarasota Association of Realtors" 

 

There seems to be no stopping the Sarasota Real Estate market!

SALES (the highest since August 2005)

April 2012 saw yet another seven-year high for monthly sales, hitting 886 total closed transactions. The figure topped last month’s 831 sales by 6.6…

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This adorable Blackburn Harbor Condo is now for sale located at 3204 Jessie Harbor Drive, Osprey, FL.   3204_jessie_harbor_drive_osprey_fl_400   

Blackburn Harbor is a West of the Trail waterfront condominium neighborhood of 86 luxury condos.  This second floor Blackburn Harbor Villa has 3 bedrooms, 3 full baths, and a two car garage.  This very peaceful and quiet condo offers spectacular southwest views of the water and preserve.  Spacious in size with upgrades that include: remodeled bathrooms, a reverse osmosis water system, alarm system, new disposal, dishwasher, air conditioner, water heater and garage door opener. On the market for $275,000 there is a total of 1,945 sq. ft. of living area plus a lanai.

     

  

  

Blackburn Harbor is home to 86 residences that all enjoy…

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gulf_and_bay_club_beachfront_condos_400This Siesta Key Beachfront condo at the Gulf and Bay Club just sold for $865,000 to clients of mine from out of state. This fourth floor, three bedroom, end unit is located in building F which sits directly on the beach with endless views of the Gulf of Mexico and the white sugary sands of Siesta Key Beach.  

Watching gorgeous sunsets over the gulf waters are a daily occurrence for these new owners as they experience resort living at the #1 beach in America.  This unit has sweeping views of the entire Siesta Key beach from the lanai, living and dining room and the Master Suite.

To view all of the current condos for sale at Gulf and Bay Club please visit:
Gulf and Bay Club Condos for Sale on Siesta Key   This list is updated daily directly from the MLS…

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This Beachfront Home for Sale on Casey Key is located directly on the Gulf of Mexico with 105’ of premium beach on the secluded northern end of Casey Key.  You will enjoy daily sunsets over the Gulf of Mexico with your own slice of paradise privacy.141_north_casey_key_road_400

Set amid the renowned privacy of Casey Key's secluded north end, this relaxing beachfront home is conveniently positioned just a moment from the key's north access bridge and the mainland amenities beyond.

Constructed by John Innes and maintained to preserve its classic contemporary style, this home rests comfortably on a premier Gulf-front lot, providing ample space and partition from its closest neighbors. Entering the home the shimmering Gulf of Mexico is inviting through the walls of glass enveloping…

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Botanica on Palmer Ranch is a very private gated neighborhood of 172 upscale maintenance free luxury condos conveniently located in the very desirable Palmer Ranch area of Sarasota.

botanica_on_palmer_ranch_condo_for_sale_400_01This Botanica on Palmer Ranch Condo is for Sale for $300,000 and is a first floor unit of 3 bedrooms, 2 bathrooms, 2 car garage with 1,798 sq. ft. of living space located at 7515 Botanica Parkway and is a short sale.   

Impressive and dazzling former Jasmine Model. This elegant, tropically designed condo was decorated by Robb & Stucky. Enjoy the private long lake view from the lanai. Close to the world famous white sand beaches of Siesta Key, Golf Courses and the cultural amenities Sarasota has to offer. Enjoy the "lock and leave" lifestyle you deserve in this gated community…

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sarasota_real_estate_market_report_march_2012_400Please 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

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