The Sarasota real estate market has slowed a bit since 2023, but luxury home sales above $1 million have continued to exceed the past six years. Compared to pre-pandemic sales in 2019, high-end home and condo sales in 2024 nearly tripled, with only 2021 coming close during the peak of the COVID buying frenzy. Year-to-date, […]
Between Hurricanes Helene and Milton our region had significant damage and prolonged power outages in some areas, which impacted new listings, contracts signed, and closings in late September and through the month of October. Add to that the distractions of an intense election season, October’s Sarasota Real Estate Market remarkably maintained stability when compared to […]
More inventory in the Sarasota Real Estate Market is increasing the period from listing to sale allowing buyers the luxury of time to make their decisions, as well as more choices and negotiating power.
The May 2024 Sarasota Real Estate Market data had mixed activity with growth in the existing single-family segment and a slight dip in sales of condominiums. When combined however, sales were still stronger when compared to prior year. Across the U.S., according to the National Association of Realtors, May sales dipped almost 3% with the […]
With the inventory of homes and condos returning to a normalized level, buyers appear to be responding to the increase in choices, as evidenced by the growth in sales and contracts signed.
Listings in the Sarasota Real Estate Market have been steadily improving conditions to bring the market into better balance when it comes to supply and demand. Since a low in 2020 of 23 days on market for new listings, an unbelievable reduced inventory of just over 2 months supply, and nearly 68% absorption rate, a […]
With Sarasota Real Estate inventory in the $1 Million and over price points up 63% over prior year, sales growth of 76%, and new contracts signed increasing 89% in the luxury segment, we are moving into the new year with positive momentum.
Until now, the St. Regis Residences was sold out! This 5,320 square foot interior PLUS more than 10,000 square feet of exterior terraces including a private plunge pool and hot tub make this a one-of-a-kind opportunity!
For the third consecutive month, sales of homes and condominiums in The Sarasota Real Estate Market have grown considerably over the prior year. The recent increase in the pace of new listings is a welcome event and I expect will lead to the prospect of a strong spring season.
Water Club is one of the most unique communities on all of Longboat Key, and this amazing Gulf front condominium, which sold for $5,550,000, has the space, privacy and ambiance of a gorgeous freestanding estate complemented by the resort-style amenities, conveniences and luxuries of a prized condominium on the Gulf. The residence features 5BRs on […]
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michaelmoulton@michaelsaunders.com
Michael Saunders & Company
440 Gulf of Mexico Drive
Longboat Key, Florida 34228