May 2021 Newsletter
It’s spring in Sarasota and our islands, and that means the car carriers are loading to transport seasonal residents back north. Our real estate market has been – and still is – booming, driven by a strong migration to our beautiful shores. But while many are moving in, there are also quite a few people leaving. Some, specifically our Canadian and International residents never came at all this past year. People selling in Longboat Key are leaving to be near family, going into assisted living or moving off the barrier islands.
Newcomers have poured in from all over and many people are buying property sight unseen. According to 2020 change of address requests from the United States Postal Service, Sarasota, was the No. 2 place in the country that people moved to. Why? The taxes are as nice as the weather, many young workers are relocating now that they have the ability to work remotely, and Sarasota offers a superior quality of life.
Analyzing these market movements is important to determine where things are heading. My take is there are still plenty more people coming than going, which makes our real estate market, and your property still one of the hottest tickets in town. Please call me if you’re ready to make your move.
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
4BR+Office/4.5BA * $4,495,000
Beautiful residence surrounded by water on two sides, with theatre room and two boat docks.
4BR/3BA * 2,470 SF * $1,995,000
Two residences are combined to create a spacious, updated and gorgeous floor plan.
3BR/2.5BA * 2,490 SF * NOW PENDING! $1,095,000
Beautiful and spacious residence with water views and 2-car garage.
1BR/1BA * 576 SF * $260,000
Beautifully kept 1BR/1BA walk-out residence a short stroll to Siesta Key beaches.
The Power of Visual Marketing
One of the most important facets of marketing your property is the quality and success of your photoshoot. Homebuyers today are proactive, using their electronic devices to look for real estate properties. Read our latest blog to learn how you can prepare your residence to assure those stunning photos that attract buyers are in the bag.
Have you watched any of my property videos? Whether the residence is now sold or not, you can learn quite a bit about neighborhoods, features you may never have thought you would want, and a look into what the Longboat Key real estate market is currently offering buyers. Click the image above or just click here and enjoy!
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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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