The year 2021 is likely going to finish with the highest volume of luxury transactions in the Sarasota Real Estate Market’s history. Luxury tiers between $1-3 million and above $3 million have reached a remarkable pace, causing inventory levels in the segment to fall dramatically and prices to rise.
Inventory is the Sarasota area’s dominating factor. Sellers are waiting for the peak tourist season to get underway, seasonal residents to return, and for the arrival of our European buyers who have been absent from our buyer pool for most of the last two years.
My clients have purchased this stunning 4BR/4BA Bayfront home in Bay Isles. Sold for $2,700,000.
Congratulations to my client, the seller, of this Grand Bay eighth floor residence with views of the Harbourside golf course, the Gulf of Mexico and the lights of downtown Sarasota! Sold for $1,400,000.
It was a pleasure to represent both the seller and buyer on the transaction for this Aquarius Club two-bedroom penthouse residence. Sold for $1,100,000.
The Sarasota Luxury Real Estate Market segment has narrowed list-to-sale periods as well as list-to-sale prices, with May sales averaging 96% of list price. Inventory has fallen 40% making for a more favorable seller’s market.
What a special privilege to represent our dear niece and her beautiful family in purchasing their first home! After making offers on several homes they fell in love with, and with no success…this beauty in Laurel Oak came available and it is just perfect! We are so happy to welcome The Smith family back to […]
Sands Point is perched at the southern tip of Longboat Key. My client’s charming condo lasted just days before being purchased. Sold for $875,000.
The Sarasota Real Estate Market recorded a more than 80% increase in sales of existing single-family homes and condominiums in April than were recorded in April 2020, and list-to-contracts periods at record pace.
In this intensely competitive market, it was wonderful to help my buyers secure this exqusite L’Ambiance waterfront condominium for $2,585,000. L’Ambiance is sited on one of the island’s most spectacular locations near the southern most end of the island,
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440 Gulf of Mexico Drive
Longboat Key, Florida 34228
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michaelmoulton@michaelsaunders.com
Michael Saunders & Company
440 Gulf of Mexico Drive
Longboat Key, Florida 34228