Sarasota Florida Real Estate News & Blog

Sarasota Real Estate Sales Up in January 2013

With the remaining inventory of properties “near the lowest level in a decade,” the Sarasota real estate market reported sales up by a 22 percent pop in January 2013, compared to January 2012.

The Sarasota Association of Realtors® reported data in a press release that members sold 626 properties in January - 466 single family homes and 160 condominiums. In January 2012, 365 single family homes and 148 condos sold.

Pending sales, a forecast of future real estate closings totaled 1,047 in January. This was the highest level in nine months, and above the 963 pending sales reported in January 2012, indicating that February sales should also remain strong.

While the available inventory remained near its lowest level in the last 10 years, it rose somewhat in “January 2013 to 3,846 from the December 2012 total of 3,657. The figure was still 1,000 fewer properties than in January 2012.”

SAR President Roger Piro stated "We are seeing...

Just Sold Le Chateau Condo in Downtown Sarasota

Judi Kerzner just sold a 3 bedrooms, 2 bath condo at Le Chateau in downtown Sarasota priced at $439,000. The complex sits directly on Sarasota Bay with easy access to St Armands Circle and Lido Beach. The condo has incredible bay and island views from the living room, dining room, master bedroom and kitchen. With over 1500 square feet of living space, the end unit extends from the front of the building to the back providing gentle coastal breezes.

Built in 1971, Le Chateau is within walking distance to Marina Jack's and the Ritz Carlton. Residents enjoy Sarasota's outstanding cultural activities, shopping and dining too. Downtown Sarasota condominiums are popular with those who want an urban lifestyle. Residents can walk to work, shop and visit galleries and specialty shops including interior design studios and antique stores. To view all the condominiums for sale in the downtown area, visit our website at ...