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$1 Million-plus sales in Sarasota rise by 58%

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When one compares year over year figures, Sarasota County has experienced a huge jump in luxury sales over $1 million. Thirty million dollar plus properties changed hands in February…58% more than last February.  That’s also an increase from January’s impressive tally of 27 properties that sold for more than a million.

Manatee County also experienced a surge…14 properties over $1 million sold in January compared to just 4 last January. Longboat Key accounted for 10 of those sales.

The highest single family home sale was $7.07 million for a spec home on Siesta Key – Gulfmead Drive. As for condominiums, a 3,400 square foot unit in En Provence sold for $3.23 million to lead the condo market.

Credit has to be given to increased sales in feeder markets that has allowed buyers to shed their northern properties.

Maureen Doherty 941-993-3159

1801 Main St. Sarasota Fl 34237

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