Welcome To December!
WELCOME TO DECEMBER
‘TIS THE SEASON TO BE JOLLY... AND TO LIST AND MARKET PROPERTY!
2017 has flown by in a flurry of fun and rewarding real estate activity and the opportunity to explore new business horizons. Wherever 2017 has taken you, I wish you and your families a very happy, relaxing and peaceful holiday season...
SARASOTA REAL ESTATE MARKET TREND
ON SOLID GROUND
Aside from predicting a solid performance in the real estate market overall, the takeaway quote from
a new report, “Emerging Trends in Real Estate 2018,” published by the Urban Land Institute and PricewaterhouseCoopers is, “We are in a long cycle, not in boom/bust. The key to the next few years is to expand horizons, market by market, property type by property type.”
Source - Herald Tribune
4044 Roberts Point Road, Siesta Key
Siesta Key waterfront on two sides! Fall in love with this gorgeous 4 bed or build your dream home on the 0.44 acre lot and enjoy breathtaking sunrises and sunsets! Dead end street location with two docks and a 10,000 Ib boat lift. Walk or bike 0.4 miles to Shell Beach or 15 mins to Siesta Village and the public beach. So unique it won't last long!
FULL LISTING AND PHOTOS
or contact Bev Murray
Latest Sarasota
Market Data and Sales
| Single Family Homes | Oct 2017 | Oct 2016 | Percentange Year Of Year |
|---|---|---|---|
| Closed Sales | 611 | 592 | -3.2% |
| Paid in cash | 228 | 221 | 3.2% |
| Median sales price | $279,000 | $236,313 | 18.1% |
| Average sale price | $381,269 | $319,350 | 19.4% |
| Dollar volume | $233.0 million | $189.1 million | 23.21% |
| Median % of original listing price received | 95.4% | 95.9% | -0.5% |
| Median time to contract | 47 days | 39 days | 20.5% |
| Median time to sale | 95 days | 90 days | 5.6% |
| New pending sales | 646 | 596 | 8.4% |
| New listings | 880 | 844 | 4.3% |
| Pending inventory | 811 | 884 | -8.3% |
| Inventory (active listings) | 2,540 | 2,657 | -4.4% |
| Months supply of inventory | 3.9 | 4.1 | -4.9% |
featured new
development
The 5-story Pearl is quite a gem – an elegant, rare and distinctive residential development located just to the west of downtown Sarasota, nestled in the heart of the luxurious and charming 22-acre peninsula known as Golden Gate Point.The Pearl offers 8 individual condominium residences that purposefully reflect the unique building design by creating spacious and airy living areas with floor-to-ceiling windows and sliding doors that open to expansive terraces. Amenities include resort style pool and spa, cabana, BBQ area, secured covered two-car parking with utility storage, and private elevator foyer. Just breaking ground, live the dream!
Contact Bev Murray today.
SOLD IN Indian Beach / Sapphire Shores!
This lucky buyer gets to start renovating and put their contemporary stamp on this bright 3/2, with a great floorplan and an enviable location just steps from the bay and other seriously fabulous real estate. Stay tuned for before and after pics as the remodel progresses!
Berkshire Hathaway HomeServices new york properties on Madison Avenue, NYc - Bringing Buyers to Sarasota!
Bev Murray took time out this month to maximize on the marketing and referral networks offered by Berkshire Hathaway HomeServices in Manhattan, helping to attract northern buyers to condos, homes and new developments in Sarasota.
“It was really interesting to meet with the New York agents to get an overview of their market and share information on the Sarasota area. We are seeing a greater influx of buyers and investors from the New York/New England markets and I find it invaluable to my business to create connections with agents looking to refer business to Florida’s Gulf Coast.”