The 1st quarter of 2017 saw the Greater Sarasota Florida real estate market continue its march closer and closer to a balanced market where the interests of buyers and sellers are in balance meaning neither buyers nor sellers have an advantage. This follows the period in 2014 and 2015, when a low inventory of available properties meant buyers faced what some called a frenzy of competing multiple offers frequently above the asking price.
But, things have changed in a positive way as 2016 ended and during first quarter of 2017. In Sarasota County, the inventory of available properties has risen to 5,135 up 15.7% over a year ago. In Manatee County the inventory of available properties rose to 3,397, up slightly over 8% from this point last year.
In today's Sarasota Herald-Tribune, staff writer John Hielscher takes a look at the current trend in housing sales. Average gains in sales rank the Sarasota-Manatee area 30th among the 98 largest metro areas measured. Read the full article here.
Christina Perez, a contributing editor at Vogue.com, recently shared her view of our fair city with readers of the iconic fashion magazine and website. With regard to Sarasota, Perez poses the question, "Is this Florida's Best Kept Secret?" All of us who are fortunate enough to live here know that answer is a resounding "Yes!" The editorial highlights Sarasota as being the 10th fastest growing city in the nation, features local businesses and restaurants and discusses area beaches, architecture and cultural attractions as points of interest. If you need further proof that we indeed live in paradise, take a moment to read the article here.
In Sarasota, reasonably-priced, recently built condos with outstanding amenities and an attractive location can be a bit difficult to find.
But, the condominium residences at San Marco offer something quite unique; reasonably priced yet spacious residences, definitely upscale facilities and amenities and a convenient location. One of the newer residential developments in the Sarasota art district neighborhood, the building’s exterior is reminiscent of its architectural namesake in Venice, Italy, the Piazza San Marco. Your first impression is of its graceful arches and balustrades enhanced by very comfortable interior walkways lined with plant boxes overflowing with shrubs and greenery.
Located at 1188 North Tamiami Trail and completed in 2006,