Follow Bev On Facebook Follow Bev On Google+
The Murray Group
SELL . BUY . LIVE. 941.365.1837
Boating In Sarasota Florida!
Message From Bev

Bev Murray of The Murray Group

It’s difficult to think of anything else to write about other than this glorious weather! Our family spent a few days skiing in Killington, Vermont, over Spring Break - 26” of snow in 36 hours gave us some fabulous powder but overnight lows of 6F (-14’C), made us more than happy to come back to Florida!

So in order that you make the most of all the sunshine and spring awesomeness out there, we won’t distract you with anything other than our usual line up of News & Events here in April and a quick roundup of February’s sales figures…

Heather Lakes Gem - $329,000
3644 Pond View Lane Sarasota Florida 34235

New listing - This gem of a house is tucked away at the end of the cul de sac in the peaceful subdivision of Heather Lakes, which is located between Lockwood Ridge and University, close to UTC mall and the I75 corridor. When you enter the glass paneled front door, your eye is drawn to the attractive wood-burning fireplace in the center of the hardwood floor 26x18 great room, which has two sets of French doors that open up onto the 300 sq ft covered wooden deck and caged pool area.

The Murray Group welcomes Melissa Delaney
Melissa Delaney Sarasota Realtor

We are delighted to announce that Melissa Delaney has joined the The Murray Group sales team.

Melissa is committed to your success every step of the way when it comes to buying or selling your home, from helping you identify your needs, to facilitating a smooth transaction process to the months and years post closing. Melissa lived in a military family, which entailed buying and selling properties in various locations both overseas and in different states in the US.

Over time she became adept at developing rapport with people from many different cultures and backgrounds, in addition to adapting to the intricacies of each region’s different real estate systems and processes.

Read More About Melissa Delaney

Featured Sales this month
Two Homes Closing By The Murray Group

Two beautiful properties under contract by The Murray Group; 6714 Chancery Place, an immaculately maintained 4,255 square foot golf course home on one of University Park's most sought after streets. The home is situated on a half acre lot with mature landscaping and overlooks the 9th and 18th fairways of the award-winning University Park Golf Club.

Also under contract is a lot located in the historical West of the Trail waterfront neighborhood Indian Beach. Featuring privacy, natural beauty, and investment potential the property is located on a street lined with historic homes and old oaks in one of the prettiest "Old Florida" neighborhoods in Sarasota.

Real Estate Market Update

February saw a continued rise in three things: inventory, median sale prices and time on the market.

Inventory for condos tipped the scales to 6.2 months’ worth, officially making it (albeit marginally) a “buyer’s market”. Single family home inventory rose 15 percent on last February to 5.1 months’ supply of houses.

Median sales prices for single family homes rose slightly (2 percent) to $257,500 and condo sales prices rose 15.4 percent to $219,245. These increased median prices do not necessarily mean that values are rising. The main reason for these gains is that there are, fortunately, fewer foreclosures and short sales skewing the market. In actual fact, many realtors are seeing an adjustment in market values as more and more sellers are looking to reduce list prices to accommodate the shift in the market.

According to 2017 RASM President Xena Vallone, ”With more active listings on the market, buyers are able to take time to view and compare more properties, and are not under pressure to jump on the first property they see. We are seeing this translate into longer time on the market, making it even more important for sellers to price their properties appropriately.” This is particularly noticeable in the Sarasota condo market, which in February saw the average time from listing to contract nearly double to 64 days.

Single Family Homes

  February 2017 February 2016 % Change
Closed Sales 518 506 -2.4%
Cash Sales 218 240 -9.2%
Pending Sales 790 780 1.3%
New Listings 950 1,050 -9.5%
Median Sale Price $257,500 $252,318 2.1%
Median Days To Contract 49 40 22.5%
Active Listings 3,318 2,883 15.1%
Month Supply of Inventory 5.1 4.2 21.4%

Condos and Townhouses

  February 2017 February 2016 % Change
Closed Sales 276 275 0.4%
Cash Sales 181 199 -9.0%
Pending Sales 373 386 -3.4%
New Listings 509 521 -2.3%
Median Sale Price $219,245 $190,000 15.4%
Median Days To Contract 64 34 88.2%
Active Listings 1,866 1,501 24.3%
Month Supply of Inventory 6.2 4.8 29.2%
News & Events
SailFest Junior Olympic Regatta, A Murray Homes Sponsored Event

Murray Homes is sponsoring Sailfest, Sarasota Youth Sailing's Annual Junior Olympic Regatta. Youth sailors from all over the area will be participating. Free admission

When: April 9. 10:00 AM
Where: Sarasota Sailing Squadron

2nd Annual Lido Beach Spring Fine Art Festival

This art event is graciously hosted by the Humane Society of Sarasota County. Over the weekend, Lido Beach transforms into an outdoor gallery of original handmade artwork as artisans from across Florida and throughout the United States journey to Lido Beach. Free admission

When: April 8 & 9. 10 AM - 5 PM
Where: Lido Beach

The Little Foxes

Relevant, ruthless and gripping, Lillian Hellman’s chronicle of the dark side of the American Dream is a masterpiece of 20th century drama. A skewering social critique of greed and corruption first produced in 1939, Hellman’s portrayal of class and power remains as potent and compelling as ever.

When: March 17 – April 15
Where: Asolo Rep Theatre

Fairy House Festival

A fun-filled family event, spread throughout our 30 enchanted acres! Enter our fairy house competition, enjoy musical performances, storytelling, enchanted garden walks, games, crafts, and vendors.

When: March 4. 10:00 AM
Where: Historic Spanish Point

Sarasota Film Festival Wrap festival

The Film Festival finale. Share Big Top beers with your friends, filmmakers, and industry guests with entertainment by acclaimed Atlanta electro-disco duo HANK & CUPCAKES.

When: Saturday, April 8. 10:30 PM
Where: Sarasota Sky Bar

15th Annual Downtown Sarasota Art & Craft Festival

Free admission. The largest annual selection of art & craft.

When: April 8 & 9. 10 AM - 5 PM
Where: 5 Points Park

IMG National Classic

IMG National Classic youth baseball tournaments. Teams participating in the tournaments are top traveling teams from throughout the country.

When: April 10-14
Where: IMG Academy Field House, Bradenton

Sarasota Circus Spring Performance

The Greatest "Little" Show on Earth presents the 68th annual spring production featuring 100+ youth performers in the iconic Sailor Circus Arena. This is a must-see Sarasota tradition! Click here to get tickets.

When: April 11-15
Where: Sailor Circus Arena

Alton Brown Live! Eat Your Science

“Alton Brown Live: Eat Your Science” (, the follow-up to the smash “Edible Inevitable” tour, hits the road again. Fans can expect all-new everything including songs, multimedia presentations, talk-show antics, and bigger and better potentially dangerous food demonstrations.

When: April 20. 8:00 PM
Where: Van Wezel

Blossoms and Brunch

Share the legacy of Mable's beloved rose garden while you enjoy a beautiful brunch alongside the garden. Surrounded by blooming roses, Blossoms & Brunch will begin with a reception complete with entertainment and mimosas. A seated brunch will follow at 11:30 AM. The deadline for purchasing tickets is Wednesday, April 19 @ 5:00 PM. Don't miss out, make your plans early! Price: $120.

When: April 22. 10:30 AM
Where: John and Mable Ringling Museum of Art

Sarasota Magazine's Best of 2017: A Warhol Happening

Andy Warhol and pop-art inspired Best of Sarasota Magazine’s annual event. Come help celebrate by taking in the beautiful setting and enjoying enticing food and drink at this annual awards party. Price: $107.

When: April 24
Where: Mary Selby Botanical Gardens

39th Annual Siesta Fiesta

Siesta Fiesta features life-size sculptures, spectacular paintings, one-of-a-kind jewels, photography, ceramics and more. The free, outdoor event includes a full craft and green market with delicious edibles, live plants and whimsical and practical handmade-in-the-U.S.A. products from the nation’s top craft artisans.

When: April 29-30. 10:00 AM – 5:00 PM
Where: Ocean Blvd, Siesta Key Village

Why Choose The Murray Group
Why Choos The Murray Group?
Why Choos The Murray Group?
Why Choos The Murray Group?

Visit Our Website | View Online