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Sarasota Real Estate Blog

lakewoodranch-country-club_120If you’re looking for an upscale and secure gated-entrance golf course community, Lakewood Ranch Country Club in Lakewood Ranch, Florida should be on your list of places to consider buying a home. Residents of the Country Club golf course community enjoy a luxurious, yet comfortable, lifestyle in a community of ten neighborhoods. There are single-family homes spanning a wide range of sizes with prices ranging from the low $300's to over $2 million. There are also condos and town homes available for those who are looking for a maintenance-free housing option.

The Country Club community, situated right in the heart of Lakewood Ranch, is one of the seven "villages" that comprise master-planned 8,000+ acre Lakewood Ranch. Lakewood Ranch is the largest

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sold-sign_120Unlike other markets across the country, home sales in the Sarasota Florida real estate market in March reached the highest level in six years. Total property sales in the Sarasota market hit 800 for the month of March, 2011. This is the highest level since September, 2005 when sales started to decline.

Other impressive news coming from the March real estate market report by the Sarasota Association of Realtors included the following:

  • Prices rose in double digits for both single-family homes and condos
  • Pending sales were the highest since the real estate boom ended in 2005
  • The inventory of unsold homes dropped to less than 1/3 the number available at the worst point of the real estate crash

This news comes on the heels of equally astounding

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home-sales-up_289February 2011 real estate sales in the Sarasota area were up 24.2% from January and up 27% to 673 from February, 2010’s total of 528 sales.  There were 472 single family home and 201 condo closings reported by the Sarasota Association of Realtors reported for February.

In addition to the positive home and condominium sales figures, pending sales (those under contract, but not yet closed) also registered above the 1,000 level in February, with 1,023 total properties going under contract following the 1,013 under contract in January. Both of these numbers are well above the 967 homes under contract in February, 2010 when sales volumes were being driven by the Federal home buyer tax credit program.

This year’s upward trend in sales and pending sales is

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sarasota-photo_400Sarasota is definitely a "Florida golf town." If you’re looking for a Florida golf course community, Sarasota is the right place to look. You’ll find dozens of golf course communities and more than 80 public and private golf courses in the Sarasota, Bradenton and Venice area.

Whether you enjoy golf as a competitive sport or you're just looking for a "home course" for your game, Sarasota and Manatee County area golf courses will surely meet your needs and desires.  There are Island golf course communities like those on Longboat Key and Anna Maria where you can play golf practically in your front yard while your yacht rests on its mooring in your backyard.  There are golf courses for every level of play and golf course communities with amenities from the

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aerial_400While the media devotes a lot of space and time to highlighting the negative aspects of today's real estate market, there are actually many unique opportunities that exist for savvy buyers in the Sarasota market. This may be your once-in-a-lifetime chance to purchase a first or second luxury home at prices we haven't seen in many years. 

Buying a high-end property requires a different approach, though. As a Certified Luxury Home Marketing Specialist, I am well versed on the important nuances of luxury home buying and I have the knowledge and resources to help you explore the Sarasota luxury market.

Here are five important tactics to keep in mind when navigating the Sarasota area luxury market:

  1. Typical search avenues don't always work. Many
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If you are a returning visitor to YourSarasotaRealEstate.com you’ll notice it has a whole new look. I just revamped the site and added some great new features. I've listed a few of the new features below, and I'll be adding more as we get rolling. I hope you'll explore the new Sarasota site, and of course I'd love your feedback. 

  • You'll find a whole new look to the "Search MLS" function. And once you've run your search for Sarasota homes, you'll see larger photos, more detailed information, and a whole page of information about the community and the property. As before, you can save your search and save your favorite homes to a folder.
  • There's also a new "Search by Map" feature. You can zoom and draw the search area you want to see on the map and
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Nationally, the year for home sales finally ended December on a much more positive note as buyers snapped up homes at a seasonally adjusted annual rate of 5.28 million units, an increase of 12.8% from November and the strongest sales pace since last May.

Home sales were up in all parts of the country with the strongest regional gain at 16.7% in the West. Sales rose 13% in the Northeast, 10.1% in the South and 11% in the Midwest.

Here in the Sarasota local real estate market, home sales saw a huge surge in December from 534 in November to 681 in December, an almost 28% increase.

For December, the inventory of unsold homes nationally stood at an 8.1 months supply, down from 9.5 months supply in November. The inventory of unsold homes represents the

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