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The Murray Group News

SRQ Real Estate Facts, Stats and Eye Candy July 2017

SRQ Real Estate Facts, Stats and Eye Candy July 2017

Welcome to Hot Summer Real Estate
Updates and Stats

The Good News is That it’s Not Cooling Down!

Featured Development

The Strand is the newest luxury, waterfront condo community seated on the banks of the Whitaker Bayou. 156 luxury residences in coastal, contemporary style, with gourmet kitchen and hand crafter finishes, can be found at the complex with prices starting in the $500’s for boutique units and $600’s for units featuring a private boat slip. With 47 private boat slips available to residents, there are plenty of opportunities to spend your day on the beach, go deep sea fishing, or just relax and set sail – it's a boat owner’s dream.

For more info call Bev Murray 941 724 4995

Under Contract!

Fabulous Waterfront Lot on Whitaker Bayou &
Contemporary Home to be BUILT by Murray Homes!

Under contract, this lot with over 77 feet of sailboat water on Whitaker Bayou with no bridges to Sarasota Bay and Murray Homes (our sister company) is getting to work on plans and construction of the beautiful, custom designed 4 bedroom, 4 bath modern pool home shown below.

Featured Listing

16115 Baycross Drive, Lakewood Ranch, FL 34202

4 bedrooms
4 bathrooms
4,979 square feet under air
$2,159,000 U.S. dollars

CASTLE IN THE LAKE CLUB. Discerning buyers will know they are home the minute they enter the grand drive of this masterpiece. Less than three years old, and having been lived in only part of each year, the condition of this home is pristine and offers more than 4,900 square feet of luxury living space and 2800 feet of lanai with saltwater pool and outdoor shower. Enjoy four bedrooms, four and a half baths, as well as east and west air-conditioned, over-sized garages accommodating four cars. MORE

Featured Listing

521 Golf Links Drive, Longboat Key, FL 34228

3 bedrooms
2.5 bathrooms
1,838 square feet under air
$895,000 U.S. dollars

The location of this wonderful home, only a short drive from St. Armand's Circle, provides you with the opportunity to enjoy Sarasota fine dining, shopping and living at its finest. Moor your boat in your back yard and enjoy boating the deep water canals and waterways leading to Sarasota Bay and the Gulf of Mexico. Just across the street is the deeded beach access to the white sands of Longboat Key, where you will relish in the feeling that you almost believe it’s your own private beach. MORE

Facts and Stats

Latest Sarasota Real Estate Figures for May 2017

Market Report May 2017

  • The uptick in new listings is because sellers are encouraged by the increase prices
  • Inventory levels are continuing to rise because the new listings are outpacing the number of sales
  • 8.7 percent increase in number of single family homes sold
  • 12.7 percent increase in number of condos sold
  • Inventory of single family homes continues to rise, up 13 percent
  • Inventory of condos increases just under 7 percent
Longboat Key Snapshot Condos Single Family
For Sale 246 104
Pending 49 13
Sold 35 10
Median Sales Price per sq. ft. $381 $436
Average days on market 3 mo. 7 mo.
Average Sales Price to List Price Ratio 95% 91%
Indian Beach/Sapphire Shores Snapshot Vacant Lots Single Family
For Sale 12 26
Pending 1 9
Sold 0 6
Median Sales Price per sq. ft.   $226
Average days on market   2 mo.
Average Sales Price to List Price Ratio   97%

Eye Candy

From Our Portfolio on Longboat Key & Country Club Shores

Over $250 million SOLD, BOUGHT and BUILT