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Sarasota Real Estate Market Report: February 2015

The following report is from the Realtor Association of Sarasota/Manatee as published March 25, 2015 for closed February Business.

Pace of Sales Quickens During February 2015

The number of closed property transactions increased in February 2015 across both Manatee and Sarasota counties, and pending sales also remained at a high level, a harbinger for a busy spring real estate sales forecast. Median sale prices were also up substantially, particularly in Manatee County, a sign that the market is favoring sellers as 2015 begins.

“Once the holidays have passed, home shoppers jumped off the fence and started signing
contracts,” said Association President Stafford Starcher. “We are now above the record pace of sales experienced in 2014, and the pending…

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Sarasota Real Estate Market Report: January 2015

The following report is from the Realtor Association of Sarasota and Manatee as published on February 25, 2015 for closed January business.

2015 Begins with Property Sales Moderating

Property sales, pending sales, and inventory levels in January 2015 looked a lot like January 2014 in Sarasota and Manatee counties.  In both years, sales dropped from the previous month (December), while pending sales skyrocketed and inventories of available properties grew substantially.

The message from the numbers was clear – holiday time home shoppers weren’t anxious to sign on the dotted line, instead putting off closings to later in the winter or spring.  And homeowners were eager to test the market and determine how much their property might have recovered in…

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Flood Maps for Sarasota County

The Sarasota County has released an interactive flood Mapping tool to help homeowners to determine if their property is in a flood zone as according to proposed preliminary FEMA high risk flood zones.

Sarasota Country Interactive Flood Map Tool

The Federal Emergency Management Agency –FEMA has been updating the nation’s flood maps known as “Flood Insurance Rate Maps” also known as FIRMs to reflect the current flood risks.

Flood risks can change overtime due to many factors including new community growth, erosion, and the addition and aging of flood control structures and systems. Areas that may have been at one time or another flood risk free may be now categorized into flood zones areas with the new maps. This may mean new mandatory flood…

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The Isles on Palmer Ranch Market Report for February 2015

The Isles of Sarasota on Palmer Ranch currently has 14 homes for sale and 3 homes that are under contract to be sold in the coming months.  In the past 90 days 12 homes have sold selling for an average of 95% of the list price and reflecting an avarage of 112 days on the market before a contract was accepted.

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Sarasota Real Estate Market Report: December 2014

The following report is from the Realtor Association of Sarasota and Manatee as published on January 23, 2015 for closed December 2014 business.

2014 Sales Hit Record for Sarasota County

The year 2014 closed with a flurry of sales in Sarasota County, propelling the annual total to an all-time record of 11,550 closed transactions, topping the 2004 total of 11,482. In addition, Manatee County came in at 7,976 sales, within 28 sales of the annual record of 8,004 set in 2013.

“This is truly historic news, and clearly demonstrates our region is experiencing a remarkable success story in real estate,” said Association President Stafford Starcher. “Sarasota and Manatee counties have never seen this level of combined sales activity, which actually…

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Siesta Key Beach Family Portraits with Stacey Marks Photography

Stacey Marks is a local professional photographer who specializes in Siesta Key Beach Family Portraits on America’s top beach, Siesta Key.  Stacey has been in the photography business for years having learned photography with a leading commercial photography studio here in Sarasota and has proven herself as the #1 ranked Sarasota portrait photographer on Thumbtack.com. 

Stacey’s love of the outdoors, expertise in photography and living so close to Siesta Key Beach made it a natural for her to become well known for her quality Siesta Key Beach Family Portraits.

Siesta Key Beach with its sugar-white powdery sand and the aqua blue-green waters of the Gulf of Mexico makes it a picture perfect setting for a Siesta Key beach family portrait with Stacey…

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Sarasota Real Estate Market Report: November 2014

The following report is from the Sarasota Association of REALTORS as published on December 23, 2014 for closed November 2014 business.

Property Sales Still Closing in on County Record

Despite a slower November sales month, the hot sales pace for the first 11 months of the year keeps Sarasota County on near-record pace for 2014, with the 10,621 closed sales coming in 364 sales ahead of the 2013 total at this time.  With December 2014 sales already topping 500 by midmonth,
the final annual total will almost certainly be the second highest ever recorded in the county.

The overall year 2013 wound up being the second highest year for unit sales in Sarasota County history with 11,184, exceeded only by 2004, with 11,482 closed sales. There is also a small…

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Castel Del Mare Condos, Sarasota near Siesta Key

Castel Del Mare Condos near Siesta Key 

The Sarasota Herald-Tribune recently did an article about Castel del Mare and a condo that I have for sale on the 4th floor.  Castel del Mare is located at Stickney Point just before the south bridge going onto Siesta Key.  The article was written by Chris Angermann.

Built in 1975 as a complex of vacation condos, Castel del Mare, which means “sea fortress” in Italian, has one of the most attractive waterfront locations west of the Trail.

Occupying 8 acres just south of Stickney Point Road, it sits on the Intracoastal Waterway directly across from Siesta Key and has spectacular, panoramic views of Little Sarasota Bay. Palm trees and attractive shrubbery dot the interior.

Castel del Mare has 185 units…

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Daily Airline Flights to Sarasota-Bradenton International SRQ Airport

The Sarasota Bradenton International Airport has expanded over the years to now include a large number of daily non-stop flights to 10 major cities.  5 Airlines are now offering non-stop daily flights, some for just the winter snow-bird season while others are offering year round daily service.    

Atlanta (ATL)    
Delta Airlines now has between 5-7 daily year round flights to Atlanta.

Boston (BOS) 
Jet Blue offers a daily flight during the winter and spring season.

Charlotte, NC (CLT)   
American/US Airways averages 5 daily year round flights to Charlotte, North Carolina.

Chicago (ORD)   
United Airlines offers a daily year round flight, and are adding a second daily flight from December 18 - April 6, with a third daily flight added on Fridays and…

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Sarasota Real Estate Market Report: September 2014

The following report is from the Sarasota Association of REALTORS as published on October 21, 2014 for closed September 2014 business.

The Sarasota Real Estate Market Maintaines Hot Sales Pace in September

Sarasota County real estate market remained on pace for near record sales numbers in September 2014, ending the month with 934 closed transactions 14 percent higher than last September when 817 properties changed hands. Sales for the first three-quarters of the year now stand at 8,784, about 200 sales over last year’s pace which wound up as the second highest sales year in the county’s history. A strong closing quarter (sales of 900 per month or higher) could push the final figure near the historic year of 2004, when 11,482 sales were recorded…

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