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.
Below are statistics for January 1 - August 6, 2019 home and condo sales for Sarasota and Manatee counties.
Below are statistics for January 1 - August 6, 2020 home and condo sales for Sarasota and Manatee counties.
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.
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.