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Home Prices Hold Steady in January, Despite a Downturn in Sales SARASOTA, Fla. (February 21, 2023) – The Sarasota and Manatee housing market starts off the year with a continued rise in the supply of homes for sale. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM),…
The results show that our area is poised for another potential record-breaking year in 2015 for real estate sales. Even with a severe inventory shortage, sales didn’t waiver in June as closed transactions pushed into near-record territory with median sale prices rising in both counties. Year-over-Year Comparisons Inventory Shortages Sarasota County – down 16% Manatee County…
There are currently 33 new construction projects underway or being proposed to the City of Sarasota, per a recent report issued by the coordinator of the Downtown Economic Development Committee. Many of these projects offer mixed use with either commercial or retail on the ground floors and living units above. A majority of these projects are within walking distance to Main Street, which is exhibiting…
Interest rates remain astonishingly low and our market is still far more affordable than it was just a decade ago when Sarasota experienced an exponential price surge. If you are looking for an investment property or a main residence, we can help. Related recent blogs on DohertyRealEstate.com • Do you have questions about renting out your vacation home? • In 2015, our economy has normalized….
Here’s a list of six other local Benderson projects that show the high level of confidence they have in our area.
The early summer started as hot as the spring in Sarasota County. The first six months of 2014 remain ahead of the scorching pace of 2013, an historic year for property sales in the County.
Give us a call for information packages on any of the following new and exciting downtown projects: Vue Sarasota Bay – 141 units in an 18 story high rise at US41 and Gulfstream Avenue The Q Sarasota – 39 residences on Ringling Boulevard Sansara – a 17-unit luxury condominium at 300 S. Pineapple Avenue
Sarasota posted an 11.3% gain in median prices over 2012, while Manatee County median sales prices rose 16.2 %. Meanwhile, Florida wide median sales prices were up 16% for the year, by far outpacing the nation’s year over year increase of 7%. View the full market trend report: Residential Real Estate Market Trend Report for…
Cash sales of single-family homes and condominiums accounted for 64.5% of all transactions in Sarasota County in 2013. That figure was up from 48.3% a year earlier. In November, Florida actually led the nation in cash sales of single-family homes, according to RealtyTrac data. When mortgage rates rise, which they will surely do in 2014,…
With inventory of existing homes remaining tight and buyer demand rising, new home construction was robust in our region. Through the first 10 months of 2013, the 2,581 new residential building permits issued in Sarasota and Manatee Counties were 45% ahead of last year’s pace, and a full 96% higher than those same months in…
