With the Sarasota Real Estate Market’s healthy economic conditions, attractiveness to buyers from communities around the country that are suffering from unfavorable tax conditions, our strong appeal to the international home buyer market, and the many quality of life benefits that Sarasota offers, I believe that our housing market will continue its spirited activity in the months ahead.
The Sarasota Real Estate Market has a nearly balanced market favoring neither a buyers or sellers, high-quality new homes and condominiums are being completed and available for occupancy, attractive and well located existing inventory is coming to market, there is room to increase sales, median prices and inventory to continue the sustained growth that our market has seen these last few years.
I am a believer in the stability and strength of the Sarasota Real Estate Market, and remain confident that 2018 will see further growth in sales, prices and, hopefully, inventory to better meet demand.
I am bullish on the outlook for the Sarasota Real Estate Market. The active buyers seeking property in our spectacular region, growing availability of inventory in desirable locales and price points, moderate price appreciation, along with the long-term stability of market conditions support the confidence that I have.
Though the Sarasota Real Estate Market had a significant disruption in September, the short-term effects of Irma are now behind us. October has recovered quickly with eager buyers and new listings keeping activity high.
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michaelmoulton@michaelsaunders.com
Michael Saunders & Company
440 Gulf of Mexico Drive
Longboat Key, Florida 34228