Sarasota-Manatee Housing Market
Sarasota-Manatee Housing Market STABILIZES & PRICES CONTINUE TO BE STRONG
Following some closing delays caused by Hurricane Ian, the latest October data for the Sarasota and Manatee housing market continues to follow the same trend of fewer sales and rising inventory in September. We are continuing to see inventory level off; however, prices continue to be very strong, but inventory has not increased significantly, which means that it is still a great time to sell. Median prices for Sarasota County continue to show year-over-year increases but are not as high as prices recorded earlier this year. For single-family homes, the median sale price in Sarasota County increased by 22.2 percent to $497,275 year-on-year. This is still a great time to sell, with a realistic price point, and a good time to buy, as inventory is increasing and we have moved on from the madness of a few months ago. Please contact me, I will be happy to share my insights with you, and assist with your decision-making.
MARKET REPORT
OCTOBER 2022
HURRICANE IAN
EFFECTS ON REAL ESTATE
Everyone is asking about the effect of Hurricane Ian on the Sarasota real estate market. Historically, whenever Florida has a catastrophic event, the real estate market bounces back very quickly with strong growth. Sharing my thoughts here on video...
SARASOTA MAGAZINE
FEATURES OUR LATEST LISTING
Sneak Peek: Check out this new luxury home, Zephyr House in Lido Shores. This waterfront home has its own private, deeded beach access, a guest house and Sarasota School of Architecture design elements. New construction, built by Murray Homes and completed in Spring 2024. READ THE ARTICLE HERE
JUST LISTED
GRAND FLORIDA ESTATE
This waterside oasis is nestled on 5 acres West of the Trail and is located close to everything on 350 ft of deep sailboat water. The 6,182sf, 5 bed, 4 bath main house has a bright and airy kitchen and breakfast room, a gorgeous living room, family room, game/exercise and billiard room, and a formal dining room. The pool deck is vast, with a large pool, outdoor fire-pit and cabana. Additionally, there is a 1,000sf guest house, 3 car garage, room for a 60' boat and a 10,000lb lift. Don't miss out on this dream family, boating and entertaining home! READ MORE
INTERNATIONAL
BUYERS
International buyers are re-entering the market after months of travel-related restrictions kept them anchored in one place. This is proving beneficial for the travel, tourism and real estate industries. Discover how several destinations around the globe have managed the resurgence of activity and what the future holds for these markets in the Berkshire Hathaway HomeServices Global Luxury Landscape Report. READ MORE
JUST LISTED
PERFECTION & AFFORDABILITY
What a fantastic opportunity to own a move-in ready, fully remodeled, 4 bed plus office, 3 bath home on a dead-end street in an A-rated school district. Beautifully maintained and tastefully renovated with plank tile flooring, an oversized garage with space for a workshop or storage, and a secluded, fenced backyard. Well-maintained subdivision in a central location with a community park and fishing dock. Won't last, call today! 941 724 4995. READ MORE
JUST LISTED
INDIAN BEACH CRAFTSMAN COTTAGE
West of Trail, 2 bed, 1 bath 1936 craftsman cottage, nestled in the beautiful historic neighborhood of Indian Beach Sapphire Shores. While this home retains some charming original features, it has undergone a partial renovation and features an open plan kitchen, dining and living room, second bedroom office/den, secluded and spacious back yard with room for a pool, mature plantings and a patio area. Close I75, SRQ Airport and The Ringling Museum - snap up this well-located beauty today! READ MORE
NEW DOWNTOWN DEVELOPMENT
The EDGE
On the busy corner of Fruitville Road and Cocoanut Avenue, those high in the sky will be able to escape it all. The four penthouses here come with 600 square feet of private rooftop space. An amenity-dedicated floor includes a fitness center, a pet lawn and spa, a resort-style pool, a catering kitchen, a bar and grill and a yoga studio. READ MORE
ABOUT BEV MURRAY
Bev Murray has worked as a highly successful realtor in Sarasota since 1999. Specializing in residential, vacant land purchasing and development sales, she was ranked for 2021 in the top ½ of 1 percent of over 50,000 Berkshire Hathaway HomeServices agents nationwide. Contact Bev today to assist with your next home sale or purchase. 941 724 4995
