Recently Sold on Siesta Key
Your Home Has Never Been Worth More
Incredibly strong demand continues at all price points for the Single-Family Home market, but unquestionably demand is strongest in the $1 Million plus market segments. In Condominiums, lower price points have been in short supply, but with many pending, Condos over $1 Million are undersupplied at this time. Properties going under contract were even stronger in the First Quarter than the quarter prior, thus we anticipate continued strength in closings well into the next quarter. This is not just a Covid-19 phenomenon. Local inventory has been on a downward path for the past couple of years; Demand has simply outpaced Supply. This shortage of Supply is expected to continue through 2021, if not longer. For a full report on Siesta Key and the Sarasota-Manatee area that is regularly sent to my private client list, please contact me at 941.928.3424.