June 2021 Newsletter
Whether you’re buying, selling, investing, or waiting – eyes are glued on the real estate market. So what exactly is happening? The short answer is: supply and demand. The longer answer is also supply and demand, and it’s not clear at all to me that things are going to slow down significantly in the near future. The current high influx of buyers from all over the country that hope to relocate to our area is expected to continue throughout this year, along with new international buyers approaching as borders now start opening (read my latest blog). The real estate market has rarely been this competitive, especially for luxury properties.
Putting aside the current market insanity, if you are ready to list your residence for sale, part of your due diligence includes finding a real estate agent who is comfortable and experienced in the luxury market – marketing luxury property is not standardized and not a result of a repetitive system with a one-size-fits-all, plug-and-play concept. I would love to talk more with you about my successful approach, so please contact me if you are considering the sale of your property.
MARKET SUMMARY – SINGLE FAMILY HOMES – LONGBOAT KEY
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CONDOMINIUMS / TOWNHOMES – LONGBOAT KEY
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CONDOMINIUMS – DOWNTOWN SARASOTA
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Featured Listings
3BR/3.5BA * 2,476 SF * $1,195,000
Direct bayfront views from this spacious residence with a 2-car garage.
2BR/2BA * 1,468 SF * $1,095,000
Panoramic views of the Gulf, Bay, island and city from this 14th floor spacious residence.
1BR/1BA * 576 SF * $249,000
Beautifully kept 1BR/1BA walk-out residence a short stroll to Siesta Key beaches.
2BR/2BA * 1,442 SF * NOW PENDING! $679,000
Immaculate and updated residence with stunning Bay views.
Return of International Buyers
Now that nations around the world are emerging from lockdown, many are considering international travel and investment for the first time in over a year. International buyers are anxious to return, and already looking for holiday destinations that offer the ability to live in exclusive communities with plentiful amenities – this could well create a second boom of luxury home buyers on Longboat Key.
Click here to read my latest blog to learn how you can leverage the next wave of premium, luxury buyers returning to our real estate market.
Discover Life in Longboat Key, Bird Key, Lido Key, & Sarasota
One of the things we love about our area is all the fabulous living options from single-family homes to high-rise luxury condominiums. Take some time to enjoy and discover all our area has to offer! Just click here and imagine what life can be!
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A New Way to Navigate Real Estate
The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. 2020 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker System is comprised of company owned offices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.
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