Sarasota Luxury Real Estate News

SOLD! Tessera Bayfront Condominium – $1,750,000

SOLD! Tessera Bayfront Condominium – $1,750,000

Congratulations to my selling clients on yesterday’s closing of their beautiful Tessera condominium! Tessera, home to this elegant residence, is a luxury boutique building in downtown Sarasota situated on serene Palm Avenue and nestled in a private garden setting of shady oak trees. 

SOLD – Lighthouse Point Residence – $3,510,000

SOLD – Lighthouse Point Residence – $3,510,000

It has been a pleasure representing the seller AND the buyer of this beautiful waterfront home on Lighthouse Point. Bringing two of my valued customers together on this transaction made for easier communications for both sides, a swift transaction, and an introduction of two wonderful couples.

SOLD! Longboat Key Club Penthouse

SOLD! Longboat Key Club Penthouse

A completely renovated top-floor Gulf front condominium at Inn on the Beach at the Resort at Longboat Key Club has sold to my clients for $1,400,000. The 10th floor “penthouse” has extraordinary panoramic views of the beach with unparalleled and unobstructed sunset views over the Gulf.

Moulton Sarasota Real Estate Report – September Sales Sizzle

Moulton Sarasota Real Estate Report – September Sales Sizzle

The September Sarasota Real Estate Market once again bested Florida and National sales by a considerable margin. Sales of existing homes and condominiums exceeded last year’s transactions by almost 25%. Prices in the Sarasota Real Estate Market continue to grow, though at a moderate and sustainable pace. Pending sales increased by 12.5% setting a nice pace for closings in the months ahead.

Moulton Sarasota Real Estate Report – July 2019 – Favorable Conditions Sustain Momentum

Moulton Sarasota Real Estate Report – July 2019 – Favorable Conditions Sustain Momentum

The Sarasota Real Estate Market has been inching toward a buyer’s market, but conditions are currently neither strongly favoring either buyer’s or seller’s sides. With low interest rates, strong consumer confidence, steady flow of traffic from “tax-refugee” buyers, increased inventory and active new construction, conditions are favorable for The Sarasota Real Estate Market.

The Moulton Sarasota Real Estate Report – June 2019 – Market Balance Boosts Sustainability

The Moulton Sarasota Real Estate Report – June 2019 – Market Balance Boosts Sustainability

I remain bullish on the Sarasota Real Estate Market. With the flow of “tax refugee” relocations expected to continue, excellent economic conditions – including the longest stretch of mortgage rates below 5% in more than 60 years, as well as significant strength in our condominium and home building regionally, there is plenty of supporting evidence that our market balance and steady conditions suggest a sustainable environment.

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