There are so many reasons why Sarasota is a great place to live: It offers arts & culture, world-class dining, recreational activities, nature and wildlife, and outstanding beaches. Recently, US News and World Report ranked Sarasota in the top 10 of 150 metro areas in America to retire (#1) and to live (#9)!
This issue features "What You Can Buy in Sarasota" real estate, a new airline service to Sarasota-Bradenton International Airport, the Legacy Trail's northern expansion, the best Sarasota golf courses, and a list of my recent sales.
About the market: High Demand and Low Inventory Supply have fueled a historically strong seller's market. Rising prices and multiple offer situations, especially with the growing number of cash offers, have increased sales compared to last year. In May, single-family homes closed at a median sales price of $407,000 (+36%) compared to May 2020, with a median time to contract in six days. Condos closed at a median sales price of $312,500.
The month's supply of inventory, or the estimated number of months it will take to deplete the current inventory, stayed below one month and decreased by 78.1 percent to 0.7 months supply.
As always, I'm here to provide valuable insights into the Sarasota real estate market so you can stay educated and informed, especially in these unprecedented times. If you are thinking about buying or selling, or I can help you in any way, reach out to me.
With your expectations in mind,
Georgia
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Sarasota named among 10 best places to live
US News & World Report
U.S. News analyzed 150 metro areas in the United States to find the best places to live based on the quality of life and the job market in each metro area, as well as the value of living there and people's desire to live there. Sarasota ranks as the #1 best place to retire and the #9 best place to live! Read More
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What $1,500,000 Buys in Sarasota |
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Which home would you choose? A beachfront condo with water views on Longboat Key; a new construction lakefront condo in Lakewood Ranch; a two-story, Mediterranean Revival in Indian Beach; and a modern classic-style home set in the 700-acre Founders Club.
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Longboat Key, FL 34228
3 Bed | 2 Bath | End-unit Condo
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Lakewood Ranch, FL 34202
4 Bed | 3.1 Bath | Pre-Construction | Condo
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Indian Beach - Sarasota, FL 34234
3 Bed | 2.1 Bath | Single-Family
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Founders Club - Sarasota, FL 34240
3 Bed | 3 Bath | Single-Family
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Below are my pending and recent closed sales. Click on each photo for property details. If you are interested in learning more about buying, investing, or listing your home for sale, contact me at 941-260-6429 or email me. You can also visit my website to sign up for daily listing alerts and find your current home's valuation.
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A New Airline Arrives
(and departs) in Sarasota
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Elite Airways, which operates a fleet of small jet aircraft (no middle seats), recently added several new nonstop services from Sarasota - Bradenton International Airport to White Plains, NY, Martha’s Vineyard, MA, Nantucket, MA, and Portland, ME. The twice-weekly service began on July 2. Elite Airways is also pet-friendly! Details
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The Legacy Trail
Expands North
The newest segments (Segments 1 & 2) of the Legacy Trail opened for public use on July 8. It's an excellent way for cyclists and walkers to enjoy Sarasota's beautiful flora and fauna. The multi-use, paved trail now stretches slightly north of Ashton Road to Proctor Road and ends on Bahia Vista Street.
The original Legacy Trail opened in 2008 and occupies a former railway corridor once used by the Ringling Bros. and Barnum & Bailey Circus. It offers more than 10 miles of trail from the Venice Train Depot to Culverhouse Nature Park.
When completed, the trail will connect North Port through Venice to downtown Sarasota and include crossings, trailheads, overpasses, and parking. As many as 400,000 people are estimated to use the park annually. I'm sure the number will grow! LEGACY TRAIL MAP
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Hit the Links
Best Golf Courses in SRQ
There are many excellent, top-notch golf courses to play in and around Sarasota. Here are some of my family and clients' favorites:
Tatum Ridge Golf Links is a Ted McAnlis-designed Scottish-style links course with preserved wetlands and 11 lakes in a natural setting. The signature hole is 504-yard, par-5 13th, a dogleg right, over water. Details
University Park Country Club features 27 holes of championship golf designed by renowned golf course architect Ron Garl. Surrounded by natural woodlands and native habitat, each 18-hole combination offers its own distinct set of challenges suitable for all levels. Details
The Meadows Country Club offers 54 holes of golf and features three golf courses: The Meadows, The Highlands, and The Groves, all creating a very different experience. The Highlands and The Meadows are Championship par-72 courses. The Grove is a par-65 course. Details
TPC Prestancia features two 18-hole championship golf courses in the beautiful Palmer Ranch area. The Stadium Course and the Players Course sprawl out over 565 acres of lush landscape, providing a balance of aesthetics and spectacular coastal wildlife with excellent playing conditions. The Ron Garl-designed Stadium Course has been the home to many PGA Champions Tour (Senior) events. Details
Sara Bay Country Club offers a challenging, walkable designed course for golfers of all ages and abilities. Tall Florida pines and moss-draped oaks frame wide fairways. Recently restored, the Donald Ross-designed course has the feel and looks of a genuine traditional style club. Details
The Founders Golf Club is a member-owned, private community. The Robert Trent Jones, Jr. designed course runs through woods and gentle terrain and offers top championship golf. Founders have one of the best golf layouts in the Sarasota area. Details
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Ways to Contact Me:
Mobile: 954.661.8968
Office: 941.260.6429
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