What Does $13,000,001 Buy on Longboat Key?

Posted by Marc Rasmussen on Thursday, August 6th, 2020 at 2:23pm.

The Sarasota luxury home market is on fire. This might be a bit surprising considering today's unpredictable world. Many predicted that the real estate market would slow down drastically. That has not been the case so far. We will most likely find out next year if the economic slow down will put downward pressure on home prices. For now, the market is active. Perhaps, people are preparing for further quarantining at home and want something bigger, newer or better. 

Sold for $13,000,001

6021 Gulf of Mexico 6021 Gulf of Mexico Drive Longboat KeyLongboat Key Beach Homes

View more information on this $13,000,001 sale

 

Other Luxury Home Sales in 2020

 

2019 vs 2020 Luxury Home Sales Statistics 

Below are statistics for January 1 - August 6, 2019 home and condo sales for Sarasota and Manatee counties.

2019 Sarasota Luxury Home Stats

Below are statistics for January 1 - August 6, 2020 home and condo sales for Sarasota and Manatee counties.

2020 Sarasota Luxury Home Statistics

Despite Covid-19, Sarasota and Manatee counties boasted 58 sales of homes and condos above $3,000,000 this year. There were only 48 sales for the same time period in 2019. Currently, there are 41 pending sales with asking prices above $3m. 

 

Opportunities Now

Click on the following link to see a list of all homes and condos for sale in Sarasota/Bradenton $3,000,000 and up - Luxury Properties.

If you want a more specific list of properties for sale in any price range then contact us

 

Marc Rasmussen
Broker/Owner of DWELL Real Estate

 

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