Congratulations to my client on the sale of this lovely Longboat Key waterfront home in the Bayou neighborhood of Bay Isles – sold for $1,600,000.
With inventory of existing homes and condominiums for sale hitting record lows, sales in The Sarasota Real Estate Market far exceeded last year’s activity.
Sarasota Real Estate Market conditions seen during the last half of 2020 continue into 2021 and are being driven by dramatic demand from buyers fleeing their home states, continued low mortgage rates, and an acute inventory shortage of existing homes.
Preliminary data on January 2021 Sarasota market sales are as impressive as the last half of 2020, including pending sales expected to be up more than 50% compared to last year, and with inventory still extremely tight. I am optimistic that the months ahead can be expected to see more record-setting activity.
The Sarasota Real Estate Market had considerable growth in sales, further contraction of inventory and strong pace of pending sales, portending a continuation of a remarkable market into 2021.
Congratulations to BOTH my selling clients and my buyers! It was a pleasure representing the owners of this beautiful home who created the remarkable residence, and the buyers who had been seeking a home in the Lighthouse Point community and became enamored with this waterfront gem. The home has been sold for $3,300,000.00 This casually […]
This nearly 5,000 SF 4BR, 4-1/2BA custom Country Club Shores was sold for $2,300,000.00! My buyers fell in love with the location on deep sailboat waters with views of Sarasota Bay. Mature landscaping on a large lot in this prized south Longboat Key community, outdoor living spaces on each level, expansive pool and terraces, outdoor […]
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