Sarasota Florida Real Estate News & Blog

Wallenda Walks Over US 41 in Sarasota

Sarasota is quite a festive little city. There is always something exciting happening in the downtown area. This morning, Nik Wallenda of circus aerialist fame attempts to walk on a high wire from the Unconditional Surrender, sometimes called the Kissing Sailor statute, to the roof of Marina Tower. Streets in the area will be blocked off for over an hour and spectators are encourage to walk to the event or take the roundtrip “free” trolley from the Van Wezel Hall of Performing Arts parking lot.

Wallenda is a six time Guinness World Record holder and walked across Niagara Falls last year. The walk scheduled for today will be 200 feet over U.S. 41. Wallenda is being allowed to do this walk without a tether.

Downtown businesses plan to have a great day, and many are offering specials for visitors. A crowd of thousands is expected, and the weather is gorgeous here in Sarasota, Florida. Known for its warm climate and sunny white sand beaches, the city’s cultural...

Sarasota FL Makes Penske's 2012 Top Moving Destinations List

Sarasota, Florida, once again, hits the top of a list promoting its accolades. Penske Truck Rental recently released a report ranking Sarasota #10 in the US among moving destinations.

Others named to the list were mostly major cities. Although Sarasota is a small city with a “big-city feel,” the area for this report included Bradenton, Venice, and North Port. Sarasota is the largest of these municipalities in land and population. Penske compiles the list after reviewing online consumer truck rental reservations and inquiries. One way moves for 2012 were the only records analyzed.

2012 Top 10 List

  1. Atlanta
  2. Dallas
  3. Phoenix
  4. Orlando
  5. Chicago
  6. Houston
  7. Denver
  8. Seattle
  9. Charlotte
  10. Sarasota

Don Miles, Penske’s Senior Vice President of Rental Operations noted “this list fits the geographic shifts of the country’s population, with our customers being drawn...

Sarasota Real Estate Sales 2012

Real estate property sales in 2012 recorded the fourth highest in history of the Sarasota Association of Realtors®. Quite impressive for a 90 year figure! Sales totaled 9,169.

Yearly Sales Data

  • 2003 Sales 9,697 
  • 2004 Sales 11,267 (current high)
  • 2005 Sales 10,562 2006
  • Sales 6,358 2008
  • Sales 5,820 (bottom)

Since 2008, real estate sales have begun a climb to the current level.

In December 2012, 828 properties sold, an 8.3 percent increase from November 2012 and a large increase of 28 percent over December 2011 when 644 properties sold.

Single family homes sales totaled 606 in December and 222 condo sales were closed. Last year in December 471 single family and 173 condos were sold. Inventory of real estate on the market in Sarasota remains near the lowest level in the last 10 years. Mortgage interest rates remain low as the local and national economies improve which are additional factors in our...