News and updates of the Bird Key FL real estate market. Check back often to stay on top of the market.
There are currently 150 blog entries related to this category.
Wednesday, September 18th, 2013 at 5:17pm. 5355 Views, 11 Comments.
I am hearing more and more talk about a real estate bubble in the Sarasota market. In my humble opinion I believe this concern has some merit. First, let's compare sales in August 2012 vs. sales in August 2013.
|August 2012||August 2013||% Change|
|Average Sales Price||$213,404||$255,811||20%|
|Median Sales Price||$155,000||$180,000||16%|
|Days on Market||107||86||-20%|
The above numbers are sales for single family homes in Sarasota and Manatee counties. I pulled these directly from our MLS system. As you can see the number of homes that sold increased as well as average and…
Wednesday, August 21st, 2013 at 4:18pm. 637 Views, 0 Comments.
Below is our newewst video showing off the gorgeous neighborhood of Bird Key.
Bird Key Transcript
Welcome to Bird Key, the exclusive waterfront neighborhood conveniently located between Lido Key and downtown Sarasota. The key is made up of a mere 500 homes, many of which are bay- or canalfront. Bird Key is a favorite for boaters because of both the proximity to Sarasota’s amenities and the unparalleled easy access to the bay, since there are no bridges to the bay from the key. Also, within the key is the famous Bird Key Yacht Club. Only minutes from the elite shopping of St. Armands Circle, a mere mile and a half from the sands of Lido Beach, and just a short drive or stroll over the John Ringling Bridge to the liveliness of downtown, Bird…
Tuesday, August 20th, 2013 at 10:46am. 1340 Views, 0 Comments.
The Sarasota real estate market continued an amazing streak in July, with members of the Sarasota Association of Realtors® closing 911 sales during the month - a 30.3 percent increase over July 2012, and 3.2 percent higher than the June 2013 total. The first seven months of 2013 are still tracking to make the overall year one of the biggest in SAR's history.
The other major news of the month was the major rebound in the median sale price for single family homes. The price went from $200,000 in June 2013 to $227,500 in July 2013, a 7.2 percent increase. For the 12-month rolling median price, the single family home figure was at $195,000, a 16 percent increase over last year at this time when the rolling median price was at $168,500. If current trend…
Wednesday, July 31st, 2013 at 3:56pm. 10838 Views, 0 Comments.
Looking to find a bargain on the water? Check out these ten bank-owned properties in the Sarasota area. They are either on the beach, bay or a canal. Often times these bank-owned properties are in really rough shape. Some of them have been on the market a long time. Sometimes (more often than not) it is better to purchase a property from a regular seller because of the superior condition.
- Bay Oaks on Siesta Key
- Windward Bay on Longboat Key
- Seaplace on Longboat Key
- Seaside Gardens on Holmes Beach
- Siesta Key Home
- Gulf View Condo on Bradenton Beach
- Bay Isles on Longboat Key
- Bay Drive in Bradenton
- Roberts Point on Siesta Key
- West of Trail Bayfront Home
Give us a call at 941.822.0708 if we can help you buy or sell…
Wednesday, July 17th, 2013 at 2:22pm. 687 Views, 0 Comments.
Trendgraphix charts were updated this week for June 2013. The inventory of homes and condos for sale continue to decline with sales remaining very strong. The chart above shows monthly stats for the last 3 years. Inventory at that time was hovering around 7,000 properties whereas today they are hovering around 3,500.
June 2013 vs June 2012
|June 2013||June 2012||% Change|
June 2013 vs June 2010
|June 2013||June 2012||% Change|
Tuesday, July 16th, 2013 at 10:49pm. 727 Views, 0 Comments.
The Sarasota real estate market is good. We hear daily about how good the real estate market is doing. How fast can a seller expect to sell their home? Let's analyze average days to contract in some of Sarasota's most popular areas and neighborhoods.
Sales May 1st - July 16th
Below are the average days to contract figures for property sales between May 1, 2013 to July 16, 2013.
|Neighborhood||Days to Contract|
|Lido Key condos||128|
|Lido Key homes||50|
|Longboat Key condos||195|
|Longboat Key homes||237|
|Siesta Key condos||124|
|Siesta Key homes||149|
|West of Trail (Mount to Siesta Drive)||91|
|West of Trail (Siesta Drive to Phillippi Creek)||Read Full Post »
Wednesday, May 22nd, 2013 at 10:06am. 815 Views, 1 Comments.
Below is press release from the Sarasota Association of Realtor. Here are the highlights:
Monday, May 13th, 2013 at 7:56pm. 1695 Views, 0 Comments.
A little free press doesn't hurt. Below is an article from the Sarasota Herald Tribune about all of the fabulous sales in the luxury home and condo market. They were nice enough to quote me. Here is a link to the article - Sarasota luxury sales hit 4 month high.
Sarasota luxury sales hit four-month high
Luxury homes sales in Sarasota County hit a four-month high in April, driven by a shrinking inventory of high-end properties and the seasonal upswing in real estate activity.
Forty-six luxury residences priced over $1 million changed hands for a total of $85.3 million last month.
That topped the 40 single-family homes and condos that sold for $72.1 million in March, and outstripped the 36 sales for $76.4 million in April 2012.
Friday, April 19th, 2013 at 5:50am. 5017 Views, 8 Comments.
If you really want to annoy a Realtor ask them to help find you a home and then buy the home through a different Realtor. Like many agents I have been burned this way in the past but not so much anymore.
I was recently contacted by someone asking for help in buying a home. One of the questions I ask everyone is, "Are you represented by a Realtor?" This person said, "Yes, I have been working with a close friend." Not everyone knows how real estate works so I explained to this person how the real estate process works and how that they need only hire one good Realtor to represent them.
Mid Florida MLS
All Realtors who pay their MLS fees have access to the Mid Florida MLS which contains all properties for sale. This is a big database of properties…
Wednesday, April 17th, 2013 at 6:02am. 1224 Views, 0 Comments.
If you read this blog consistently then you probably won't be surprised by the following news about how well the Sarasota real estate marketing is doing. Here is a press release from the Sarasota Association of Realtors.Property sales in the Sarasota real estate market remained hot in March 2013 and for the first quarter of 2013. The March 2013 sales figure of 887 was the highest total since August 2005, and for the full first quarter, sales were 11.3 percent higher than in 2012.
Members of the Sarasota Association of Realtors sold 628 single family homes and 259 condominiums in March 2013. That compared to 504 single family homes and 229 condos sold in February 2013, for a 21-percent increase over last month and 6.7 percent higher than March 2012.