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The Murray Group News


30 People Hunker Down For Hurricane Irma In A Newly Built Murray Home

30 People Hunker Down For Hurricane Irma In A Newly Built Murray Home

As we roll into “Florida Autumn” and breathe a huge sigh of relief that Sarasota came out relatively unscathed by the recent storms, we can now get back to a robust real estate market, where inventory, particularly in the most popular areas of town, remains low. Last month’s real estate statistics show continued price gains and plenty of opportunities to sell as we move closer to our busy winter season. If you are thinking of selling, now is the time to assess how much your home is worth and what items need to be taken care of before it can be put on the market. The first step is to know what has been selling in your neighborhood. The team at Murray Realty is geared up to advise you on the best price point, presentation and market positioning for you home so why not give us a call?
Bev Murray



30 People and 6 Mutts hunker down for Hurricane Irma in a newly built Murray Home

The Murray family moved to the aptly named Intrepid, built by our sister company Murray Homes, during IRMA. Here we are leaving our lovely, older Florida home at Indian Beach and settling in. We are happy to say that we have returned home with only debris to clear and no damage! See where we stayed during IRMA at our featured listing, Intrepid II, below.

Waiting out Hurricane Irma in The Intrepid II at the Lake Club
Murray Family Returning Home After Hurricane Irma

Featured Listing - The Intrepid II

Just unveiled! Check out our newest offering, The Intrepid, by Murray Homes, the ultimate living experience for the discerning buyer at the in Lakewood Ranch!

4 bedrooms
4 bathrooms
3,381 square feet under air
$1,545,000 U.S. dollars

For more details and to arrange a private viewing, contact Bev Murray.



Ask About Your Home Value

Facts and Stats

Sarasota County Monthly
Market Summary - August 2017

The month of August showed strong sales numbers for Sarasota county compared to the same month last year - sales of single family homes increased 9.2 percent, and condos increased 4.4 percent. For the first 8 months of 2017, the number of closed transactions has tracked marginally higher than 2016. Inventory and median prices remain on trend with slow and steady increases. It is unclear at this point how Hurricane Irma affected pending sales, as some closings will have been delayed by re-inspections required by lenders and waiting for a lift of the disaster designation.

Single Family Homes Aug 2017 Aug 2016 Percentange Year Of Year
Closed Sales 725 664 9.2%
Paid in cash 263 256 -2.7%
Median sales price $258,000 $254,250 1.5%
Average sale price $363,729 $361,550 0.6%
Dollar volume $263.7 million $240.1 million 9.8%
Median % of original listing price received 94.7% 95.3% -0.6%
Median time to contract 50 days 41 days 22.0%
Median time to sale 92 days 96 days -4%
New pending sales 714 698 2.3%
New listings 768 781 -1.7%
Pending inventory 951 1,012 -6%
Inventory (active listings) 2,515 2,447 2.8%
Months supply of inventory 3.8 3.7 2.7%
Townhomes & Condos Aug 2017 Aug 2016 Percentange Year Of Year
Closed Sales 286 274 4.4%
Paid in cash 157 170 -7.6%
Median sales price $213,500 $217,750 -2.0%
Average sale price $308,389 $330,379 -6.7%
Dollar volume 88.2 million $90.5 million -2.6%
Median % of original listing price received 93.9 94.3 -0.4%
Median time to contract 77 days 61 days 26.2%
Median time to sale 119 days 111 days 7.2%
New pending sales 307 296 3.7%
New listings 333 366 -9.0%
Pending inventory 487 474 2.7%
Inventory (active listings) 1,356 1,401 -3.2%
Months supply of inventory 4.3 4.7 -8.5%


SOLD by Murray Realty

5655 Cloverleaf Run, Lakewood Ranch
5655 Cloverleaf Run, Lakewood Ranch $550,000 3 bedrooms, 2 bathrooms 2404 Sq. Ft.
6714 Chancery Place, University Park
6714 Chancery Place, University Park $1,150,000 5 bedrooms, 6 bathrooms 4255 Sq. Ft.
4702 Claremont Park Dr, Lakewood Ranch
4702 Claremont Park Dr, Lakewood Ranch $382,000 3 bedrooms, 2 bathrooms 2202 Sq. Ft.
11416 Gramercy Park Avenue, Bradenton
11416 Gramercy Park Avenue, Bradenton $$366,000 3 bedrooms, 2 bathrooms 2619 Sq. Ft.

New Developments to Watch!


Hunters Pointe Resort & Marina

Hunters Pointe Resort & Marina
Hunters Pointe Resort & Marina

We are excitedly awaiting planning and launch news for this new project Hunter’s Pointe is conveniently located next to old Cortez Village and next to the bridge to Anna Maria, Holmes Beach and Bradenton Beach. Plans for this recreationally focused property show 148 uniquely designed cracker style cottages and 49 boat slips, in an environmentally friendly and energy efficient community. To keep up with the latest on Hunter’s Pointe, contact Bev Murray.

Hunters Pointe Resort & Marina Cabana

Sarasota Eagerly Awaits the World Rowing Championships this Weekend!

Sarasota Eagerly Awaits the World Rowing Championships this Weekend!

Sarasota Eagerly Awaits the World Rowing Championships this Weekend!The World Rowing Championships are coming to Sarasota’s Nathan Benderson Park Sept. 23 through Oct. 1, with 40,000 attendees and 1,700 elite world-class athletes from more than 60 countries competing. Sarasota is home to the Sarasota County Rowing Club, the Sarasota Scullers, the oldest organized youth rowing club in town, and Sarasota Crew. This is a huge event for our home town, as we launch ourselves onto the international stage, adding to our ever-growing reputation as an amazing place to live, work and play!

For tickets and information, go to wrch2017.com/tickets

5 stars!

The best decision we made when deciding to sell our home was to appoint Bev as our Listing Agent. She explained the whole sales process to us 'rookies' with clarity and simplicity, she took away much of the stress of selling with her kind, patient, honest and understanding nature. She actually made it fun and enjoyable!

Bev also proved to be a consummate professional with a forensic attention to detail, coupled with superb communication skills and an insightful knowledge of the market. Hardly surprising then that Bev had us a signed contract only 37 days after listing!

Fantastic Bev, thank you, you're a star!"
Jim & Kate

The exclusive, boutique team at Murray Realty are the Sarasota waterfront specialists. We know our niche and we serve our clients incredibly well. Boutique means "Concierge" - we literally take care of everything for you, with the
minimum of fuss and hassle.