The Murray Group
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Message From Bev

Bev Murray

Cooler weather is just around the corner – it must be, surely?! When it cools down for us here in Florida, it will definitely get chillier up north, which means that our winter season will begin in earnest. We have already seen an uptick in visitors to our new Lakewood Ranch model, open houses are seeing more traffic, listings are abuzz with showings, and, most importantly, invitations for social events are starting to arrive in our inboxes.

You will see below that there are plenty of events going on, not least of which is the annual Pillar of Hope Open House to benefit the Child Protection Center. It is always a lot of fun working to put this special event on and we hope to see you all there on October 22nd from 5-8pm.

You will see below that there are plenty of events going on, not least of which is the annual Pillar of Hope Open House to benefit the Child Protection Center. It is always a lot of fun working to put this special event on and we hope to see you all there on October 22nd from 5-8pm.

Pillar of Hope Open House

If you have not yet visited the The Resolute model, you'll want to watch the video below.

The Resolute Model at The Lake Club In Lakewood Ranch

Featured Listing

We have a beautiful new listing in Serenoa, which is a golf course neighborhood located just east of I-75 about 10 minutes drive from Siesta Beach. Serenoa is popular with retirees and young families alike because it is in a great public school district and it has a thriving, active neighborhood association which organizes great holiday parties and social events. It is a favorite with trick-or-treaters too!

6764 taeda dr sarasota fl 34241

Real Estate Market Update

Inventory Down; Prices Up

The number of properties on the market in Sarasota county has dropped 12 percent since August last year. There are currently 3,303 homes for sale. In 2013, when we experienced a well balanced market of supply and demand, there were 5,500 properties available. Contrast that figure with the height of the bust when there were over 15,000 listings for sale in Sarasota and Manatee counties and you can see just how far the market has swung in the past decade.

When inventory is low, prices rise. The median price for a single family home was up 21 percent to $237,000 in August 2015, and the median price for a condo was up 24 percent to $220,000.

Despite the lack of inventory, sales are still robust and we are still on target for a record year.

Single Family Homes

  August 2015 August 2014 % Change
Closed Sales 755 698 8.2%
Cash Sales 327 328 -0.3%
Pending Sales 574 608 -5.6%
New Listings 799 731 9.3%
Median Sale Price $237,000 $195,750 21.1%
Median Days On Market 39 65 -40.0%
Active Listings 2,243 2,619 -14.4%
Month Supply of Inventory 3.2 4.1 -23.3%

Condos and Town Homes

  August 2015 August 2015 % Change
Closed Sales 293 277 5.8%
Cash Sales 195 183 6.6%
Pending Sales 220 224 -1.8%
New Listings 346 284 21.8%
Median Sale Price $220,000 $177,000 24.3%
Median Days On Market 43 70 -38.6%
Active Listings 1,060 1,126 -5.9%
Month Supply of Inventory 3.4 3.8 -9.7%

Upcoming Events

Oktoberfest Festivities

Food trucks serving traditional Oktoberfest cuisine, an outdoor beer garden, some great craft beers, and fun contests.

When: October 2 - 4, 2015: Continues every weekend through 10/25/15
Where: Motorworks Brewing, 1014 9th St. W., Bradenton

National Fossil Day

Real paleontologists and geologists will be on hand to uncover the secrets fossils reveal about the Earth's past. Activities include an outdoors fossil dig for kids and many fossil exhibits. Screening of Sea Monsters: A Prehistoric Adventure at 4:15 p.m. in the Bishop Planetarium. The Rock Hall of Fame music/light show is 8:15 to 9 p.m. in the planetarium. Reduced Entry: Adults $9, Seniors 65+ $8, Kids $7, Kids 3 and under Free.

When: October 03, 2015. Starts at 10 a.m.
Where: South Florida Museum, 201 10th St W, Bradenton.

27th Annual Fruitville Grove Pumpkin Fest

Hay rides, pony rides, pumpkin painting, face painting, mini train rides, a petting zoo and more. Lots of Halloween decorations for sale. Food available for purchase. Free admission and parking.

When: October 3 - 4, 2015: 10 a.m. - 5 p.m. Additional dates are:10/10 - 10/11, 10/17 - 10/18, 10/24 - 25, & 10/31
Where: East of I-75 off exit 210, on the right. 7410 Fruitville Road, Sarasota.

The Phillippi Farmhouse Market is back

Locally grown fruits and vegetables, including local USDA certified organic produce and hydroponics. Plants, herbs, hanging baskets, shrubs and cut flowers for sale along with a wide variety of locally baked goods, arts and crafts, soaps and candles and live music. Free admission

When: October 7, 2015. 9 a.m. - 2 p.m. every Wednesday, October through May.
Where: 5500 S. Tamiami Trail, Sarasota.

24th Annual Hunsader Farms Pumpkin Festival

live music, pumpkin games, hayrides, pony rides, petting zoo, frog jumping championships, kids train ride, fresh roasted sweet corn, rock climbing wall, face painting and more. Admission $10, kids 12 & under free, parking $5.

When: October 10 - 11, 2015. Additional dates and added special events on Oct 17 - 18 & 24 - 25. 9:00 a.m. - 5:00 p.m.
Where: Hunsader Farms: C.R. 675, halfway between S.R. 64 & S.R. 70, 10 miles east of I-75. Heading north on I-75 from Sarasota take exit 217A or heading south on I-75 take exit 220

Sarasota Fall Bayfront Boat Show

Featuring the best in new and pre-owned yachts for sale. Free admission and open to the public.

When: October 10 - 12, 2014. Fri & Sat: 10 a.m. - 7 p.m., Sun: 11 a.m. - 5 p.m.
Where: Sarasota Bayfront Marina, downtown Sarasota

Bertha Palmer photography exhibit opening

Ribbon Cutting and Reception at Historic Spanish Point for the new Bertha Palmer exhibit at White Cottage, a new photography exhibit.

When: October 15, 2015. 4 p.m. - 6 p.m.
Where: Historic Spanish Point, 337 North Tamiami Trail, Osprey, at White Cottage.

7th Annual Ringling International Arts Festival

For four extraordinary days in October, artists and audiences from across America and around the world come together at The Ringling to experience the phenomenon that is RIAF! Find out about performance dates, times, prices and purchase tickets by clicking here.

When: October 15 - 18, 2015
Where: The Ringling

Taste of St. Armand's Circle

Tasty treats from more than 15 of the "Circle's" restaurants. Advance tickets and more info at 941-388-1554.

When: October 17, 2015. from 5:30 p.m. - 8:30 p.m.
Where: St. Armand's Circle Park

The 16th Annual Firehouse Chili Cook-Off

Sarasota firehouses competing for the best chili award. Celebrity judges, live entertainment and more. Proceeds benefit the Sarasota Fire Fighters Benevolent Fund. Free admission. $10 to sample all Chili. Tickets in advance at Morton's.1924 S Osprey Ave, Sarasota

When: October 18, 2015 2 p.m. - 5 p.m.
Where: Morton's Market in Southside Village

Lakewood Ranch Celebrates 20 Years

Entertainment, Kids' Activities, Give-Aways, Food Vendors, Beer Truck - sales benefit Meals on Wheel Plus of Manatee. Bring non-perishable food items to be donated to Meals on Wheels Plus of Manatee. Free and Open to the Public.

When: October 23, 2015. 6 p.m. - 9 p.m.
Where:Premier Sports Campus at Lakewood Ranch, 5895 Post Blvd, Bradenton

7th Annual Sarasota Pumpkin Festival

Pumpkin Patch and Maze, Free Hayrides, Kids Petting Zoo, Pony Rides, Carnival Rides and Games, Pie Eating Contests, Safe Trick or Treating, Beer Garden, Large Variety of Cuisine and Family Activities Free parking. Admission: Adults $10, kids 10 and under are free, benefiting The Lazarus Foundation Inc.

When: October 23 - 25, 2015. . Fri: 5 p.m. - 10 p.m., Sat: 12 p.m. - 10 p.m., Sun: 12 p.m. - 8 p.m
Where: Payne Park

St. Armands Boat Show

Around Circle Park with a wide variety of boats to see. Free admission.

When: October 24 - 25, 2015. 10 a.m. - 4 p.m
Where: St. Armand's Circle Park, Sarasota

The 5k Zombie Run

Family friendly and fun for all ages. Gates open at 7 p.m. and there will be 4 waves of runners: 8:30 p.m., 8:45, p.m., 9:00 p.m. and 9:15 p.m. Click here for more on the Zombie Run

When: October 24 , 2015
Where: Nathan Benderson Park, 5851 Nathan Benderson Circle, Sarasota

5k Color Blast fun run

3 waves of runners at: 10 a.m., 10:15 a.m. and 10:30 a.m. with gates opening at 8:30 a.m. T-shirts & finisher medals for everyone. Click here for more on the Color Blast Run.

When: October 25 , 2015
Where: Nathan Benderson Park, 5851 Nathan Benderson Circle, Sarasota

Sarasota Farmers Market Harvest Ball

catering by Mattison's, a cash bar and live music featuring two bands. Tickets $75 per person.

When: October 24 - 25, 2015. 10 a.m. - 4 p.m
Where: St. Armand's Circle Park, Sarasota

Children's Costume and Halloween Parade in downtown Venice

Meet at the Gazebo at 4 p.m. Parade starts at 4:30 p.m.

When: October 30, 2015
Where: Centennial Park

4th Annual Doggie & Kitty Halloween Festival and Costume Contest for pets

prizes, refreshments, raffles, music, games, exhibits, treats and more including the pet parade at 10:15 a.m. New this year: animal adoptions in the park. Pre-register your pet early at Wet-Noses, 1465 Main Street, Sarasota. Registration: $5 and a portion of the proceeds benefit local animal groups.

When: October 31, 2015. 9 am. - 12 p.m.
Where: Five Points Park in downtown

18th Annual Howl-O-Ween Pet Costume Contest and Ringling Bridge Fun Walk

Pets of all shapes and sizes dressed in their favorite “Howl-O-Ween” costumes are welcome. Prizes will be awarded for such categories as Cutest Costume, Funniest Costume, Spookiest Costume, Most Creative Costume and Best Dog/Owner Look-a-like Costume. All proceeds will benefit the Humane Society of Sarasota County. The Fun Walk across the Ringling Bridge begins at 10 a.m. Pet Costume Contest begins at 12:00 p.m.

When: October 31, 2015
Where: J.D. Hamel Park, 2 Marina Plz, Sarasota

Safe Treats Halloween in Siesta Key Village

participating members displaying orange and black balloons and pumpkin flyers in their windows. Free.

When: October 31, 2015. 3 – 6 pm
Where: Siesta Key Village

Fright Night on St Armand's Circle

Halloween fun from 6 p.m. - 8:30 p.m. Haunted store fronts, frightening characters and statues dressed in the Halloween spirit. Kids can trick-or-treat around The Circle with participating shops and restaurants. A performance of "Thriller" will take place in collaboration with the Sarasota H.S. Drama Dept. about 8 p.m.

When: October 31, 2015. 6 p.m. - 8:30 p.m.
Where:St. Armand's Circle Park, Sarasota