Sarasota among Conde Nast’s best small cities

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Earlier this week, the Sarasota Herald Tribune reported that Sarasota has earned another accolade!  Condé Nast Traveler recently published their list of the “Best Small Cities in the U.S.” and Sarasota, Florida is on the list.  This list is a readers’ choice of the top 15 cities with a population of 150,000 or less.

This is the second such accolade awarded to Sarasota this year. Earlier in 2016, Condé Nast Traveler named Sarasota among the best food cities in the United States – a list also originating from the magazine’s readers.

Globally, Sarasota has long been known for its beautiful beaches and cultural arts, but one other thing that the magazine’s readers praised Sarasota for, which may not be quite as obvious, is our “growing farm-to-table movement.”  Here is how the magazine described our beloved city: “In a region best known for technicolor sunsets and thatched-roof daiquiri bars, Sarasota shines for its growing farm-to-table movement, soft beaches, and culture: Attractions include the Ringling Museum of Art, the restored Sarasota Opera House, and Lido and Siesta Key beaches.

What an honor it is to be included in a list of breathtaking locations such as Sedona, AZ, Aspen, CO, and Savannah, GA! Click here to see the full list.

If you have been considering a move to Sarasota Florida, contact me today!

Michael Saunders & Company Ranked #1 in Sarasota County in 2015

Michael.Drayton.HeadshotRealTrends recently released its 2015 statistics for real estate brokerages in Sarasota County and Michael Saunders & Company ranked at the top of the list.  Saunders had 3,378 residential transaction sides (representing either the seller or the buyer), with a volume of $1.566 billion. It represented the seller in 1,664 sales and the buyer in 1,714 sides.

We are so proud to share our company’s accomplishments and could not be more proud to work with our amazing team of professionals under the awesome leadership of Michael and Drayton Saunders.

Click here to read the full report from the Sarasota Herald Tribune.

If you are interested in buying or selling property, please contact me for further details.

2015 Sarasota & Manatee Residential Sales Already Outpacing 2014

rasm_logoThe Realtor® Association of Sarasota and Manatee just released February’s closed and pending sales and it appears that Sarasota and Manatee county real estate is already outpacing the record number of sales for this same time period in 2014.

In short, Sarasota’s 837 total closed residential sales are up 12.3% from 2014 and Manatee’s 593 total closed residential sales are up 6.1%, and pending sales for both counties are ahead of last year’s figures and show no sign of a slow down in sales.

Additionally, the median sales price remains strong and substantially above last year’s figures. In Sarasota County, the median price for single family homes was at $196,000, which is 6% higher than last February; and for condos, the median price was at $187,500, up 10.3% from last year.  Manatee County single family homes rose to a median sale price of $256,750, up 16.7% over last February’s figure of $220,000, while condos were at $152,000, which is a 12.6% increase.

Closed Sales for Sarasota & Manatee Counties

Closed Sales for Sarasota & Manatee Counties – February 2015

Association President Stafford Starcher states, “Properties in the two counties are selling at a high pace and prices are on the rise, which tells us we are experiencing a healthy, vibrant market.  The inventory totals have leveled off, which means we could see even higher prices going forward, based on the laws of supply and demand.”  He further adds, that this is a great time to put your property on the market with a Realtor® and “test the water.”

Click here to read the full report.

If you are interested in buying or selling property, please contact me for further details.

2014 Sales – Another Year for the Record Books

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The Realtor® Association of Sarasota and Manatee counties just released the sales numbers for all of 2014 and what an incredible year of real estate for both counties!!

Manatee county missed beating the 2013 annual record for sales by only 28 transactions and Sarasota county finished out the year with a total of 11,550 transactions, breaking the all-time record of 11,482 sales, which was set back in 2004.

“Sarasota and Manatee counties have never seen this level of combined sales activity, which actually surpassed the 2004-2005 boom years of a decade ago,” stated Association president, Stafford Starcher.  He went on to add that the steady rise of home prices doesn’t seem to be hampering sales and therefore, believes we can expect to see home sales continue to soar in 2015.

Click here to read the full report.

If you are interested in buying or selling property, please contact me for further details.

How Luxury Real Estate Faired in 2014

Happy New Year!  I hope this finds you doing well and that your 2015 is off to a very good start.  Last year continued a very exciting trend for our region’s real estate industry, as homes continued to sell at a near-record pace for the second year in a row.

The luxury market for Sarasota and Manatee counties maintained a very steady pace with the number of sales slightly exceeding those of 2013.  While the majority of the 361 luxury sales in both counties were below the $2 million price point, the 36 luxury sales of single family homes priced at $3 million or higher showed a shift in where buyers purchased.  In 2013, the buyers’ hotspot was Longboat Key; but in 2014, Siesta Key led the pack with 15 sales (as well as the 3 highest sales in Sarasota and Manatee counties) and Casey Key finished strong with 6 sales above $3 million.     I am pleased to report that Michael Saunders & Company continues to be the proven leader in the $3 million+ luxury real estate market.  Below are the $3 million+ sales by location in 2014.  Out of the 36 single family home sales, Michael Saunders & Company agents represented 22 of the transactions on the listing side and 17 on the selling side.

ADDRESS
AREA
SOLD DATE
LIST
PRICE
SOLD
PRICE
HEATED
SF
LAND
SF
WATER FRONTAGE
 232 SEAGULL LN
BIRD KEY
4/11/2014
 $     6,950,000
 $     6,100,000
           7,873
         21,103
BAY
 647 MOURNING DOVE DR
BIRD KEY
6/16/2014
 $     4,500,000
 $     4,000,000
           5,286
         15,000
BAY
 447 MEADOW LARK DR
BIRD KEY
1/29/2014
 $     3,750,000
 $     3,400,000
           4,778
         15,000
BAY
 712 N CASEY KEY RD
CASEY KEY
9/25/2014
 $   10,000,000
 $     8,000,000
         13,553
         90,306
GULF-TO-BAY
 2505 CASEY KEY RD
CASEY KEY
10/23/2014
 $     7,400,000
 $     6,500,000
         12,908
         47,933
GULF-TO-BAY
 2016 CASEY KEY RD
CASEY KEY
8/29/2014
 $     6,900,000
 $     6,200,000
           7,781
         58,787
GULF-TO-BAY
 540 N CASEY KEY RD
CASEY KEY
8/29/2014
 $     4,050,000
 $     3,650,000
           4,494
         36,160
GULF-TO-BAY
 1700 CASEY KEY RD
CASEY KEY
6/30/2014
 $     3,300,000
 $     3,000,000
           4,172
         18,113
NONE
 805 CASEY KEY  RD
CASEY KEY
9/17/2014
 $     2,895,000
 $     3,025,000
           2,255
         22,680
GULF
 7422 PERIWINKLE DR
CORAL COVE
4/18/2014
 $     3,995,000
 $     3,480,000
           7,564
         17,813
BAY
 7406 PERIWINKLE DR
CORAL COVE
6/25/2014
 $     3,149,900
 $     3,200,000
           7,429
         16,914
BAY
 1540 HILLVIEW DR
HARBOR ACRES
7/29/2014
 $     5,250,000
 $     4,500,000
           7,074
         23,410
BAY
 1435 HILLVIEW DR
HARBOR ACRES
2/13/2014
 $     3,959,000
 $     3,650,000
           4,876
         36,466
NONE
 1436 JOHN RINGLING PKWY
LIDO
12/12/2014
 $     6,399,000
 $     5,725,000
           7,930
         17,237
BAY
 165 WHITTIER DR
LIDO BEACH
6/30/2014
 $     3,799,999
 $     3,496,000
           1,743
         33,750
GULF
 267 BENJAMIN FRANKLIN DR
LIDO BEACH
9/19/2014
 $     3,495,000
 $     3,000,000
           3,157
           6,728
GULF
 2735 GULF OF MEXICO DR
LONGBOAT KEY
11/5/2014
 $     5,995,000
 $     5,750,000
           7,550
         16,761
GULF
 640 ROUNTREE  DR
LONGBOAT KEY
9/26/2014
 $     3,500,000
 $     3,450,000
           5,121
         22,684
BAY
 6225 GULF OF MEXICO DR
LONGBOAT KEY
3/12/2014
 $     3,795,000
 $     3,250,000
           4,781
         36,000
GULF
 6133 MANASOTA KEY RD
MANASOTA KEY
9/19/2014
 $     3,495,000
 $     3,100,000
           6,621
         83,150
BAY
 1447 TANGIER  WAY
SAN REMO
12/16/2014
 $     4,595,000
 $     4,200,000
           5,040
         18,392
BAY
 7712 SANDERLING  RD
SIESTA KEY
10/20/2014
 $   11,850,000
 $  11,850,000
           4,715
         53,754
GULF
 8250 SANDERLING RD
SIESTA KEY
7/25/2014
 $   11,500,000
 $     8,850,000
           7,652
         66,969
GULF
 4300 HIGEL AVE
SIESTA KEY
5/29/2014
 $   10,975,000
 $  10,250,000
           8,623
         69,028
GULF
 6629 PEACOCK RD
SIESTA KEY
10/2/2014
 $     7,950,000
 $     6,344,633
         10,207
         43,747
BAY
 3466 GULFMEAD DR
SIESTA KEY
2/27/2014
 $     7,900,000
 $     7,070,000
           7,132
         26,659
GULF-TO-BAY
 636 BEACH RD
SIESTA KEY
10/22/2014
 $     4,950,000
 $     4,950,000
           4,163
         83,700
GULF
 156 GIVENS ST
SIESTA KEY
3/31/2014
 $     4,750,000
 $     4,250,000
           4,946
         11,951
GULF
 648 BEACH  RD
SIESTA KEY
12/31/2014
 $     4,481,400
 $     4,481,400
           4,746
           9,550
GULF
 684 FREELING DR
SIESTA KEY
5/29/2014
 $     4,395,000
 $     3,750,000
           9,398
         64,963
BAY
 778 SIESTA DR
SIESTA KEY
9/12/2014
 $     3,950,000
 $     3,600,000
           6,395
         20,870
BAY
 5309 HIDDEN HARBOR RD
SIESTA KEY
4/11/2014
 $     3,599,999
 $     3,350,000
           6,827
         18,339
BAY
 220 TENACITY LN
SIESTA KEY
9/30/2014
 $     3,500,000
 $     3,250,000
           3,467
         11,079
GULF
 7816 SANDERLING RD
SIESTA KEY
8/22/2014
 $     3,450,000
 $     3,050,000
           2,800
         34,926
GULF
 7102 POINT OF ROCKS CIR
SIESTA KEY
12/1/2014
 $     3,200,000
 $     3,200,000
           5,582
         15,000
NONE
 7101 POINT OF ROCKS CIR
SIESTA KEY
4/11/2014
 $     3,195,000
 $     3,000,000
           2,764
         22,529
GULF

What I find interesting is that the majority of these sales took place during the months that used to be known as the off-season (from mid-May through the end of October).

Casa al Mare – 2016 Casey Key Rd.  Sold on August 2014 Deborah represented the Seller

Casa al Mare – 2016 Casey Key Rd.
Sold in August 2014
Deborah represented the Seller

Villa de Napoli – 2505 Casey Key Rd.  Sold on October 2014 Deborah represented the Buyer & Seller

Villa de Napoli – 2505 Casey Key Rd.
Sold in October 2014
Deborah represented the Buyer & Seller

And finally, 2015 is already off to a good start with 135 homes available for sale that are listed at $3 million plus throughout Sarasota and Manatee counties; two of which are “active with contract” and 5 other homes that are pending.    With all the new construction underway from “west of trail” to downtown, to Lido Key to Longboat Key, Sarasota is certainly trending toward “modern” architecture in both condominiums and single family homes. The amount of building activity is a strong indicator of our area being on the radar of those who seek the lifestyle we enjoy. I see this trend continuing in 2015 and beyond.

Interested in selling your property, or perhaps buying another, contact Deborah Beacham for a complimentary comparative market analysis.

I will continue to keep you posted on sales activity in our beautiful area.  In the meantime, stay warm during our “Florida winter” and I wish you all a 2015 full of good health, happiness, peace, and prosperity.

10 SW Florida Homes Ready to Make Your Beachfront Dreams a Reality

Ohana on Longboat Key:  Gulf-side pool and chiki hut overlooking the Gulf of Mexico.

Ohana on Longboat Key: Gulf-side pool and chiki hut overlooking the Gulf of Mexico.

Almost everyone, at one point or another, dreams of spending a relaxing day on the beach with a cool drink in hand and their toes in the sand.  For some, this may just be a dream of a vacation getaway, but for many, it is a dream of a blissful lifestyle.  Imagine walking out your front or back door and only a few steps away, having a beautiful stretch of beach that is all your own to enjoy every single day.

If having a beachfront home is your dream, Michael Saunders & Company just posted 10 homes that are ready to help you bring that dream to life and three of the homes on the list are my listings:  Ohana on Longboat Key and Villa de Napoli and Satori on Casey Key.

Set upon 2.57 pristine acres on the Gulf of Mexico, Ohana is truly a rare private retreat composed of an enclave of organic structures.  The home includes three pavilions that will make you feel like you are living in a Balinese luxury resort and provides enough space for you, your extended family and your guests.

Villa de Napoli:  Outdoor seating area, poolside

Villa de Napoli: Outdoor seating area, poolside

With 100 feet of water frontage on the Gulf of Mexico, Villa de Napoli is a resplendent gulf-to-bay residence on Casey Key that will “wow” you with its detailed finishes and its views. Built in 2003, this home has just about every amenity you can think of such as 5 generous en-suite bedrooms, a spa-like master suite, ample room for outdoor dining and entertaining, and 4 balconies facing the Gulf where you can watch and enjoy the sunset every evening.

Satori on Casey Key:  Gulf-side pool with the Gulf of Mexico just a few steps away.

Satori on Casey Key: Gulf-side pool with the Gulf of Mexico just a few steps away.

And last but not least, Satori on Casey Key, which also offers 100 feet of water frontage on the Gulf of Mexico is a beautifully appointed, contemporary home that was newly constructed in 2012-2013.  This smart house combined with a design that was meant to fill the home with natural light allows you to create the perfect ambiance.  The amazing gulf-side pool, which is wrapped by terraces and Zen-like gardens creates an atmosphere that is perfect for gracious entertaining or just relaxing in a tropical paradise.

Click here to see the other seven homes that made Michael Saunders’ list of “10 Dreamy Beachfront Homes.”

If you are interested in buying or selling property, please contact me for further details.

 

2013 Sarasota County Real Estate Ends on a High Note

SARThe Sarasota Association of Realtors® just released the 2013 sales numbers and Sarasota County continued the trend it started early in the year and closed out 2013 with a bang!  I thought I would share some of the year’s highlights with you.

  • For all of 2013, Sarasota County recorded the second highest number of sales ever tracked in the MLS system at 11,184. That is an 8.8% increase over 2012 residential sales.
  • Single family home prices went up 15.1% over 2012 and residential condo prices went up 10.2%
  • Single family, 12-month rolling median prices increased 19.2% and residential condo 12-month median price increased 10.1% over last year’s numbers.
  • While 2013 closed out the year with a 10-month high in inventory of properties for sale at 4,417; July 2013 saw inventory dip to its lowest point in nearly a decade at 3,747.
  • The percentage of sales that were bank-owned or short sales fell from 30.8% in 2012 to 23.3% in 2013.

With such an historic year in real estate, what are we to expect in 2014?  Association President, Peter Crowley says “While no one has a crystal ball, there has been a clear trend in recent years of a mild drop off in January sales, followed by higher sales in February, March, April and May,” said Crowley. “Last year we experienced an amazing spring boom. So, if historic trends continue, 2014 could be another great year in Sarasota County real estate.”

Click here to read the full press release

Siesta Key – A “Bucket List” Beach

(Photo: Robert S. Donovan via flickr/CC Attribution/Share Alike)

(Photo: Robert S. Donovan via flickr/CC Attribution/Share Alike)

It’s no secret that Sarasota’s Siesta Key Beach was declared the #1 beach in America by coastal expert “Dr. Beach” Stephen Leatherman.  But when you think of fabulous beaches in exotic locations like Bora Bora, St. Tropez, and Seychelles, do you consider adding Siesta Key to that list?

SmarterTravel® freelance writer, Jamie Moore thinks so.  She lists our very own Siesta Key beach as one of ten beaches in the world that “should be on your bucket list.” She states that what sets Siesta Key beach apart from most beaches is the texture of its white-powder sand and its expanse being ideal for beach athletics and beachcombing.  She also names the Sunday evening drum circle and sand-sculpting contests as the “hidden gems” that you don’t want to miss.