Sarasota Luxury Real Estate News

SOLD – Longboat Key Beachplace Condominium

SOLD – Longboat Key Beachplace Condominium

This prime location corner three-bedroom condominium directly overlooking the gulf and community swimming pool was on the market for less than six months before being sold for $1,000,000. Beachplace is one of the most sought-after condominiums on Longboat Key for its wonderful amenities including Jr. Olympic size pool, Jacuzzi and children’s pool, three tennis courts, grand clubhouse […]

Sarasota Housing Inventory Drain?

Sarasota Housing Inventory Drain?

The narrowing inventory of homes in the Sarasota real estate market is becoming the most hotly reported news recently.  My last several posts have cited data that indicates a very real drop in available, move-in-ready properties and the effect the situation is now having on housing prices is quite significant.  The current level of inventory […]

NEW LISTING – Treymore at Palm Aire Home

This residence, located in the gated community of Treymore in Palm Aire, is authentic Florida quiet elegance. The custom 2,387 square foot Rutenberg home design in pristine condition has many upgrades and boasts an open and bright interior including volume ceilings. A welcoming circular paver brick drive and walkway lead to the front entry with […]

And The Momentum Carries On…

And The Momentum Carries On…

The news of our area’s continuing upward momentum in sales, narrowing spread between list and sale price, listings turning over more quickly, contraction in inventory keeps coming, and 30-year mortgage rates at all-time low levels.  My own experience is that all of the above is absolutely accurate however, as we all know, we have just […]

Sarasota’s Shadow Inventory Fades

Sarasota’s Shadow Inventory Fades

As has been persistently reported over the last few months, improvements are being seen nationally in “shadow inventory”.  The recent Standard & Poor’s comprehensive First Quarter Shadow Inventory Update again points to the hyper-local nature of the clearing of this considerable segment of the housing market. The Sarasota real estate market seems to be faring much […]

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