A STABILIZING MARKET MAY 2023 MARKET STATISTICS

2023 is once again showing us that real estate is hyperlocal. Despite the persistence of higher home prices and interest rates, there is still buyer demand, which is keeping the Sarasota market comfortably busy during the slower summer season. With housing inventory sitting at the 3 month mark, it is still technically a sellers market, but we can see an increase in the time it takes for properties to go under market and a decrease in new listings coming on, which serves to balance supply and demand and will result in a more stable, steady market.

MARKET REPORT JUNE 2023

SARASOTA SCORES HIGH WITH US MAGAZINE

Go Sarasota! US News analyzed 150 metro areas in the US to find the best places to live based on quality of life and the job market in each metro area, as well as the value of living there and people's desire to live there. Here's where we came in: #5 Best Places to Live, #11 Best Places to Retire, #1 Best Places to Live in Florida #2 Fastest-Growing Places, #7 Safest Places to Live! READ MORE

FORTUNE VOTES BERKSHIRE HATHAWAY, INC . #4

I am proud to work for such a well respected organization. My customers know instinctively that they can expect a high level of integrity and professionalism from the Berkshire Hathaway brand. This annual list, compiled by Fortune, rates firms on nine critical attributes to identify those with the strongest reputations - a name you can trust!

OUR LISTINGS

MAJOR HOME PRICE TURNAROUND IN THE 50 LARGEST MARKETS

The most recent data shows home prices appear to have bottomed out and are now on the rise again in many large markets. Home prices vary by local area, so it’s important to work with a local market expert. If you put your plans to move on hold because you were worried about falling prices, let’s connect because the worst home price declines are behind us!

HOW HAS THE SARASOTA
REAL ESTATE MARKET CHANGED IN 2023?

In this edition leading Sarasota Realtor, Bev Murray talks about the most significant changes and influences that she has seen in the Sarasota real estate market for 2023 vs 2022. CLICK THE VIDEO TO LEARN MORE

NEW DEVELOPMENT - THE OWEN GOLDEN GATE POINT

The Owen, located on the southern end of Golden Gate Point in the center of beautiful Sarasota, Florida, offers contemporary architecture with a sleek and sophisticated design. This fantastic 7-story tower features advanced design features and amazing views of Sarasota Bay that will take your breath away. This exceptional condo building features a total of 16 residential units that provide residents with modern, spacious, and elegant living spaces. Units in this building range from 2,100 to 3,800 square feet in size and offer 2 to 3 bedrooms, 2.5 to 3.5 bathrooms, and a den. To find out more about this unique offering, contact bev@murraygroupusa.com. ADDITIONAL DETAILS HERE

THE MURRAYS - ON HOLIDAY SUMMER ADVENTURES IN COLORADO

The Murray clan escaped the Florida heat to the cooler climes of Estes and Vail in Colorado last week and enjoyed a variety of outdoor activities like hiking and off-road adventures. What a fabulous contrast of scenery - but we are always happy to come home to stunning Sarasota!

ABOUT - BEV MURRAY

Looking for a successful, trusted realtor to help you buy or sell a home in Sarasota? Bev Murray has worked in Sarasota real estate since 1999. In 2021, she was ranked in the top ½ of 1 percent of over 50,000 Berkshire Hathaway HomeServices agents nationwide. Fluent in French and Spanish, Bev is a certified real estate negotiation expert (RENE), Certified Luxury Home Marketing Specialist®, and a member of the National Association of Realtors and the Global Business Council. Contact Bev today to assist with your next home sale or purchase. 941 724 4995 or bev@murraygroupusa.com