Sarasota Real Estate year-to-date pace of sales is showing promise of erasing the damage done by the shelter-at-home orders of May and June.
The Moulton Sarasota Real Estate Report June 2020 – Pent Up Demand Fuels Sales and Contract Signings
Sarasota Real Estate Market indicators of increased confidence from home builders, expectations of continuing low interest rates, and significant interest from both the local market as well as high tax/high density areas shows sustainability.
Buyers are motivated by both having to have put their search for new property on hold for the last few months, and, also the historically low interest rates. If you are considering selling your home or condo, now is an excellent time to come to market with your property.
Now that the pause button caused by the COVID-19 orders to shelter-at-home has begun to ease, there is clear evidence that demand for properties in the Sarasota Real Estate Market remains strong.
Despite a slowing of activity in the Sarasota Real Estate Market as a result of the global health crisis, consumer confidence in real estate has not waned, and we have been reminded how very important our homes are to our safety, health and well-being…now more than ever.
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.
The Moulton Sarasota Real Estate Report – February 2020 was Strong…Before March’s World of Uncertainty
The real estate market is expected to remain stable when the country gets back to business with prices returning to a modest pace of growth, sales activity expanding and new home building continuing to try to meet strong demand.
The Sarasota Real Estate Market experienced considerable growth in transactions, total dollar volume and prices. With 20% more contracts signed in the month than last year, the next 30-60 days should remain strong.
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