In Downtown Sarasota the number of condo units for sale is at the lowest since 2002.
The steady drop in inventory combined with an increase in sales is pointing toward a normal,healthy market in the coming months.
” We’re starting to see a definite trend line developing, and it’s very positive ” said SAR president Michael Bruno. ” No one has a crystal ball, and wouldn’t be wise for anyone to make a solid prediction on the future of our market. But we can clearly see the normal market forces of supply and demand as Sarasota is becoming a seller’s market,in which price appreciation would be expected. ”
No where is this more evident than the Downtown Sarasota condo market. Especially in the newer Buildings * with sought after Bay Views.
Here is a break down of units for sale in each Downtown Sarasora condo building.
To view more details on these listings just click onto each building then go into the search.
Condo Number of total Units for sale
1350 * 11
100 Cental * 4
Alinari * 11
Broadway Promenade * 11
Citrus Square * 3
Cityscape * 4
Kanaya * 2
Marquee en Ville * 2
Renaissance * 11
Ritz Carlton 17
Rivo at Ringling * 2
Saraband * 5
Savoy * 2
Tessera * 1
* Newer building