• 941 724 4995

The Murray Group News


Great Neighborhoods. A Seller’s Market. More New Development and Re-sale ROI.

Great Neighborhoods.  A Seller’s Market.  More New Development and Re-sale ROI.

As we head out of a hot and steamy August towards season, July's real estate statistics show house prices continuing to rise, due to low inventories and further declines in distress sales, suggesting that Sarasota is still a seller's market and it's a great time to list property.
Bev Murray



SOLD by Murray Realty

Sold By Murray Realty
7926 Staysail Court, Lakewood Ranch $1,350,000 4 bedrooms, 4 bathrooms 3984 Sq. Ft.
Sold By Murray Realty
7776 Holiday Drive, Sarasota $1,250,000 4 bedrooms, 3 bathrooms 3550 Sq. Ft.
Sold By Murray Realty
1409 Tangier Way, Sarasota $1,700,000 47,480 lot size sq ft 1.09 acres
Sold By Murray Realty
1114 Sylvan Drive, Sarasota $595,000 10,019 lot size sq ft 0.23 acres

Neighborhoods to Watch!


Sapphire Shores

Sapphire Shores

Located just south of the Ringling Museum, many of Sapphire Shores’ original residents were connected to John Ringling, and a significant number of the 1920‘s Spanish mansions that they lived in still remain. Today’s residents range from retirees to families, artists, and students attending Ringling School of Art, making it a very eclectic neighborhood in which to reside. Its proximity to downtown, Sarasota Bay and SRQ Airport also make it super convenient.

Country Club Shores

Country Club Shores

Country Club Shores on Longboat Key dates back to the 1960’s and retains its own, old fashioned sense of community. This convenient gem sits on the southern end of the key, making it wonderfully close to downtown Sarasota, St. Armands Circle, Lido Key and of course, golf, tennis and the host of other amenities at the Longboat Key Club. With most homes located on canals, residents have incredible views of the city and Sarasota Bay, making this an extraodinarily unique place to settle on LBK.


Ask About Your Home Value

Facts and Stats

Media sales prices for single family homes are up 7.2% and condos are up 4.5%

Sarasota County Monthly Market Summary - July 2017

Single Family Homes July 2017 July 2016 Percentange Year Of Year
Closed Sales 683 680 -0.4%
Paid in cash 228 233 -2.1
Median sales price $260,000 $242,500 7.2%
Average sale price $373,959 $335,617 11.4%
Doll.ar volume $255.4 million $228.2 million 11.9%
Median % of original listing price received 95.2% 95.2% 0.0%
Median time to contract 55 days 45 days 22.2%
Median time to sale 103 days 97 days 6.2%
New pending sales 703 659 6.7%
New listings 744 757 -1.7%
Pending inventory 1,011 1,020 -0.9
Inventory (active listings) 2,714 2,538 6.9%
Months supply of inventory 4.1 3.8 7.9%
Townhomes & Condos July 2017 July 2016 Percentange Year Of Year
Closed Sales 306 255 20%
Paid in cash 183 151 21.2%
Median sales price $214,175 $206,000 4.5%
Average sale price $327,912 $325,238 0.8%
Doll.ar volume .3 million $82.9 million 21.0%
Median % of original listing price received 94.1 95.0 -0.9%
Median time to contract 61 days 58 days 5.2%
Median time to sale 106 days 105 days 1.0%
New pending sales 289 294 1.7%
New listings 323 316 2.2%
Pending inventory 474 483 1.9%
Inventory (active listings) 1,458 1,392 4.7%
Months supply of inventory 4.6 4.7 2.1%

Lofts & Retail Announced
for Whitaker Bayou on US 41

Lofts & Retail Announced
for Whitaker Bayou on US 41

More great developments just announced on the 41, between 14th and 15th Streets in the 34234 corridor at Whitaker Bayou. This comes as The Florida Department of Transportation announces multimillion-dollar plans to improve Tamiami Trail between 10th and 15th Streets later this year with two roundabouts - one on 10th and one on 14th at the southwest corner of the site.  The owner / developer, Halflants + Pichette Studio for Modern Architecture, has influenced Sarasota’s Rosemary District’s resurgence with designs for Vanguard Lofts and Risdon on 5th.


Selling a Home -
Where’s the Resale Bang for your Buck?

Selling a Home -
Where’s the Resale Bang for your Buck?

Introducing The Intrepid

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

Downtown Development News

Downtown
Development News

Sarasota City leaders meet on Monday night to consider plans for the latest downtown development. The $89 million skyscraper from Core Development, with 50 condos, retail space and parking garage, is planned for the corner of Boulevard of the Arts and US41. It needs special encroachment approval as it spans two properties and a 20 foot alley.