SRQ Real Estate Facts, Stats and Eye Candy July 2017
Welcome to Hot Summer Real Estate
Updates and Stats
The Good News is That it’s Not Cooling Down!
Featured Development
The Strand is the newest luxury, waterfront condo community seated on the banks of the Whitaker Bayou. 156 luxury residences in coastal, contemporary style, with gourmet kitchen and hand crafter finishes, can be found at the complex with prices starting in the $500’s for boutique units and $600’s for units featuring a private boat slip. With 47 private boat slips available to residents, there are plenty of opportunities to spend your day on the beach, go deep sea fishing, or just relax and set sail – it's a boat owner’s dream.
For more info call Bev Murray 941 724 4995
Under Contract!
Fabulous Waterfront Lot on Whitaker Bayou &
Contemporary Home to be BUILT by Murray Homes!
Under contract, this lot with over 77 feet of sailboat water on Whitaker Bayou with no bridges to Sarasota Bay and Murray Homes (our sister company) is getting to work on plans and construction of the beautiful, custom designed 4 bedroom, 4 bath modern pool home shown below.
Featured Listing
16115 Baycross Drive, Lakewood Ranch, FL 34202
CASTLE IN THE LAKE CLUB. Discerning buyers will know they are home the minute they enter the grand drive of this masterpiece. Less than three years old, and having been lived in only part of each year, the condition of this home is pristine and offers more than 4,900 square feet of luxury living space and 2800 feet of lanai with saltwater pool and outdoor shower. Enjoy four bedrooms, four and a half baths, as well as east and west air-conditioned, over-sized garages accommodating four cars. MORE
Featured Listing
521 Golf Links Drive, Longboat Key, FL 34228
The location of this wonderful home, only a short drive from St. Armand's Circle, provides you with the opportunity to enjoy Sarasota fine dining, shopping and living at its finest. Moor your boat in your back yard and enjoy boating the deep water canals and waterways leading to Sarasota Bay and the Gulf of Mexico. Just across the street is the deeded beach access to the white sands of Longboat Key, where you will relish in the feeling that you almost believe it’s your own private beach. MORE
Facts and Stats
Latest Sarasota Real Estate Figures for May 2017
Market Report May 2017
- The uptick in new listings is because sellers are encouraged by the increase prices
- Inventory levels are continuing to rise because the new listings are outpacing the number of sales
- 8.7 percent increase in number of single family homes sold
- 12.7 percent increase in number of condos sold
- Inventory of single family homes continues to rise, up 13 percent
- Inventory of condos increases just under 7 percent
| Longboat Key Snapshot | Condos | Single Family |
|---|---|---|
| For Sale | 246 | 104 |
| Pending | 49 | 13 |
| Sold | 35 | 10 |
| Median Sales Price per sq. ft. | $381 | $436 |
| Average days on market | 3 mo. | 7 mo. |
| Average Sales Price to List Price Ratio | 95% | 91% |
| Indian Beach/Sapphire Shores Snapshot | Vacant Lots | Single Family |
|---|---|---|
| For Sale | 12 | 26 |
| Pending | 1 | 9 |
| Sold | 0 | 6 |
| Median Sales Price per sq. ft. | $226 | |
| Average days on market | 2 mo. | |
| Average Sales Price to List Price Ratio | 97% |
Eye Candy
From Our Portfolio on Longboat Key & Country Club Shores
Over $250 million SOLD, BOUGHT and BUILT
