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The Murray Group
SELL . BUY . LIVE. 941.365.1837
May 2017, Sarasota Florida!
Message From Bev

Bev Murray of The Murray Group

Season is over and school is nearly out. May and June are often some of the busiest months of the year for residential sales. Families relocating into the area look to purchase a home now so that they can move the kids down over the summer and get them settled before the new school year starts.

Last week a client asked me to recommend the best school district in Sarasota, as she wanted to make sure that she bought in the “right” area. When people ask me that I tend to follow up with a series of questions to find out about the children, what they enjoy, what ages they are, how they will be getting to school. The short answer to the question is that you can’t go too far wrong in Sarasota County. According, Sarasota ranks 4th overall out of 67 Florida school districts.* It is considered one of the best school districts for teachers, and one of the high schools is ranked first in Florida and 13th in the country.

The long answer is that there is something for everyone here. We have one child in elementary, one in middle and one in high school so we pretty much cover the gamut. There are lots of options outside the regular district public schools: charter schools, magnet schools, special needs, virtual schools, gifted, military academies, schools with an emphasis on the arts, others focused on the STEM curriculum. And of course we have some top notch private schools in the area too. I always encourage families to keep an open mind about public school districts. If they can’t afford a home in the district they’d prefer, then we look into cluster bus stops options at local schools in more affordable areas, or nearby charter schools.

Season is over and school is nearly out

Bay Haven School of Basics Plus, an outstanding public magnet elementary school which all 3 of our children attend(ed), celebrated its 90th anniversary this year.

Below are some good resources for families
looking for homes in Sarasota County.

US News Best High Schools In Florida 100 Best Communities

*The 2017 Best School Districts ranking is based on rigorous analysis of key statistics and millions of reviews from students and parents using data from the U.S. Department of Education. Ranking factors include state test scores, college readiness, graduation rates, SAT/ACT scores, teacher quality, public school district ratings, and more.

French Country In The Lake Club
16115 Baycross Drive in The Lake Club

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. - $2,159,000

Property Details
Stunning Golf Course Home Watercrest Condo
Stunning Golf Course Home

Lakewood Ranch

3 bedroom 3-1/2 bathroom
3 car garage - $879,000

Watercrest Condo

Lakewood Ranch

3 bedroom 3 baths / private 2-car garage
and walk to Lakewood Ranch Main Street - $339,000

Ken and Katina Shanahan

For more information about these or other Lakewood Ranch properties,
contact Ken and Katina Shanahan at 941-702-0437 or


Real Estate Market Update

Market Report March 2017

- 2.6 percent increase in number of single family homes sales
- 13.5 percent increase in number of condo sales
- Cash sales down 13 percent on March 2016
- Inventory of single family homes up 13 percent on same period last year
- Inventory of condos up 18 percent on last year
- $150,000-$400,000 price range is the most robust in terms of sales
- 67.8 percent increase in new listings between $600,000 and $999,999 over March 2016
- Median time to contract is up by 65 percent (usually attributed to longer closing times and/or declining number of cash sales)
- 5.7 percent less sales of $1m+ properties compared to March 2016.

Single Family Homes

  March 2017 March 2016 % Change
Closed Sales 784 764 2.6%
Cash Sales 317 364 -12.9%
Pending Sales 880 818 7.6%
New Listings 1,001 962 4.1%
Median Sale Price $262,621 $244,000 7.6%
Median Days To Contract 53 32 65.6%
Active Listings 3,302 2,922 13.0%
Month Supply of Inventory 5.1 4.2 21.4%

Condos and Townhouses

  March 2017 March 2016 % Change
Closed Sales 413 364 13.5%
Cash Sales 287 245 17.1%
Pending Sales 491 403 21.8%
New Listings 533 494 7.9%
Median Sale Price $230,000 $196,000 17.3%
Median Days To Contract 53 31 71.0%
Active Listings 1,845 1,564 18.0%
Month Supply of Inventory 6.0 5.1 17.6%
News & Events
The Great Mother’s Day 5K Race

The 6th annual family 5K. The run is entirely on the beach. Prizes, free race pictures, T-shirts….Online registration at $20-$35

When: May 13. 8 AM
Where: Siesta Key Beach

Jungle Gardens Mother’s Day Weekend

Moms and Grandmothers receive free admission for both Saturday and Sunday with the purchase of any full-priced same-day admission.

When: May 13 & 14
Where: Sarasota Jungle Gardens

2017 Harvey Milk Fetsival

The 8th Annual Harvey Milk Festival with a 10-band concert. The mission of HMF is to honor and celebrate the life of Harvey Milk, one of the first openly gay Americans elected to public office. Three days of theatre, performance art, and music that embrace equality and bring the community together. Free admission.

When: May 11-13. 2:30 PM
Where: Selby Five Points Park- Downtown Sarasota

St. Armands Seafood and Music Festival

Hosted by the Humane Society of Sarasota County. Food is prepared fresh onsite by local restaurants. Live musical performances. Free admission.

When: May 20-21. 11 AM – 8 PM
Where: St. Armands Circle Park

Jazz Club of Sarasota – Free Outdoor Concert

The Jazz Club of Sarasota presents a free outdoor concert with the Marc Mannino Jazz Sextet. The combo will play music from the Great American Songbook, jazz instrumentals and popular music with a jazz feel. Co-sponsored by Gulf Coast Community Foundation.

When: May 21. 2 PM
Where: Centennial Park, Venice

NCAA Division II Outdoor Track and Field Championship

The NCAA will be hosting their 2017 DII Outdoor Track and Field National Championships at the IMG Academy.

When: May 26-28
Where: IMG Academy Field, Bradenton

Sarasota Cuban Ballet – End of Year performance

Beautiful end of year choreography. Tickets are $25-$30

When: May 27. 7 PM
Where: Booker High School Auditorium

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

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