Sarasota Market Update - August 2023

Sarasota Market Update - August 2023

 
In the last 2 weeks, 3 of my listings have gone under contract. And multiple Buyers are getting in touch to review the market and consider purchase offers.
 
We live in a very desirable and active Real Estate market but that’s not to say we are completely bullet-proof against some market normalization. Current influences in our particular market may be driven more by insurance costs and assessments to stabilizing association reserves, than any national forces. Sellers are confident because of low inventory which is not even half the pre-Covid inventory numbers. But the unknowns of additional expenses are a factor. Sarasota is still a top destination but Buyers are being more selective wanting renovated residences or those priced appropriately.
 
It’s your choice of who you want to work with. Choosing an experienced Realtor®, knowledgeable in the market will bring you the best results. 
 
Call me, with over 43 years of selling Real Estate I can help you locate or list your residence in one of the best places to live in the country.
 

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Interested in buying or selling a home in Longboat Key, Bird Key, Lido Key, Siesta Key, Sarasota and the surrounding areas? We're here to answer all your questions. As an experienced Longboat Key, Bird Key, Lido Key and Sarasota real estate professional, we have a unique expertise when it comes to the area and plenty of free real estate tools to help you achieve your goals. Give us a call or shoot us an email to talk about your real estate plans.

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