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Hello Georgia,
Exciting news! Steven Windsor and I are joining forces to create the Salaverri-Windsor Group, a unique real estate partnership in Sarasota that combines our strengths and expertise.
We have already achieved incredible results, such as Peninsula Sarasota, the luxury condo on Golden Gate Point, and Waterline Villas and Marina in Holmes Beach. It's been an amazing journey, and we are just getting started.
Steve and I share a dynamic synergy that fuels our work and passion for real estate. Our unwavering commitment is to provide unparalleled service backed by over 25 years of combined experience. We are dedicated to not just meeting but exceeding our client's expectations.
Furthermore, as we continue working with individual clients, we support each other as needed. So, whether you're searching for a new Sarasota home or making a smart investment, rest assured that I am always available and committed to providing personalized, attentive care tailored to your unique needs. You will continue to receive The Georgia Report monthly, and your input and comments are always valued.
In this issue, we feature information about the real estate market, the Ringling College Library Town Hall 2025 lineup, including Glenn Close and Anthony Fauci, and a recommended service to declutter, organize, and move! In addition, a swanky champagne piano bar is on the horizon downtown. Happy reading!
With your expectations in mind,
Georgia
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Q1 2024 Recap: Sarasota Real Estate Market in Transition |
Real estate is an ever-evolving environment. The Sarasota County market has experienced a change in the first quarter of 2024, especially with the amount of inventory available for sale. Increased inventory has given buyers more choices than they have had since 2019, and this has caused homes to stay on the market for longer periods of time. This transition presents opportunities for buyers to negotiate and explore options, while sellers may need to refine their approach to stand out in a more competitive landscape.
Pricing a home correctly from the start, staging to ensure the home shows well, and professional photography and video are important to getting the most exposure in the marketplace. Staying informed and seeking professional guidance remain crucial to selling your home in the shortest amount of time and for the highest potential value.
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Increased Inventory Levels: Inventory grew 71.0 percent for single-family homes and 106.1 percent for townhomes and condos, significantly shifting market dynamics.
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Properties Taking Longer to Close: The median time to contract for single-family homes has extended to 40 days, an increase of 61 percent. Similarly, condos rose to 51 days, an increase of 183.3 percent.
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Increased Cash Sales: In Q1, cash sales for single-family homes and condo transactions increased by 5.9 percent. This trend highlights many buyers and investors who prefer or can bypass traditional financing routes.
Please get in touch with me if you have any questions about the current real estate market. I'd be happy to discuss it.
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If you are curious about the value of your home in today's market, click the button for a complimentary home valuation report. I will create a report and send it to you. We can also schedule a follow-up conversation by phone or in person. Contact me by Phone/Text at 941-260-6429 or georgia@georgiasalaverri.com | |
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—JUST LISTED —
5440 EAGLES POINT CIRCLE #101
The Landings
Sarasota, FL 34231
Bedrooms: 3
Bathrooms: 2 Full, 1 Partial
Size: 1,936 sq. ft.
Type: Condo
List Price: $815,000
Representing: Seller
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—SOLD—
3520 MINEOLA DRIVE
Southgate
Sarasota, FL 34239
Bedrooms: 3
Bathrooms: 4 Full
Size: 1,652 sq. ft.
Type: House
Represented: Buyer
Sold Price: $1,050,00
List Price: $1,050,000
Closing Date: 4/4/2024
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—SOLD —
5440 EAGLES POINT CIRCLE #203
The Landings
Sarasota, FL 34231
Bedrooms: 3
Bathrooms: 2 Full
Size: 2,943 sq. ft.
Type: Condo
Represented: Buyer
Sold Price: $1,140,000
List Price: $1,200,000
Closing Date: 4/1/2024
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—PENDING —
5159 KESTRAL PARK LANE
The Landings
Sarasota, FL 34231
Bedrooms: 3
Bathrooms 3 Full
Size: 2,981 sq. ft.
Type: House
List Price: $2,450,000
Representing: Seller
Anticipated Closing: April 2024
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—PENDING —
1515 HILLVIEW DRIVE
Harbor Acres
Sarasota, FL 34239
Bedrooms: 4
Bathrooms: 4 Full, 2 Partial
Size: 2,943 sq. ft.
Type: House
List Price: $7,250,000
Representing: Seller
Anticipated Closing: May 2024
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Need Help Organizing?
Manage Your Clutter, Organize and Move.
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Clients are raving about Methodical Organizing & Moving! This company offers top-notch organizing and beautification services and seamless relocation assistance.
Methodical provides practical, stylish solutions for spaces of any size and expertly manages every aspect of your move to alleviate the stress of moving, from recommending moving companies to creating a comprehensive service plan, packing plan, and move schedule.
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Their organizing services cover everything from closets and laundry rooms to kitchens, pantries, and shoe organization. They also easily handle shelving, art installation, and furniture assembly.
One of the best things about this woman-owned company is its staging services. They can declutter and remove unwanted items, create space, pack up personal belongings, sell, donate, and dispose of unwanted items, and style your home for real estate photos and showings.
If you would like a free organizing or relocation estimate, call 941-240-5927. Website
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RCLA Town Hall Announces Series 2025
Glenn Close, Gronk, and Dr. Fauci Are in the Lineup.
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The Ringling College Library Association has recently unveiled the captivating lineup for its 44th Town Hall season, which will commence in January 2025. The season will feature a stimulating array of speakers from many fields, a unique opportunity for our community to engage with these influential voices, making it an event to be noticed.
The impressive list of speakers includes Glenn Close, an award-winning actress known for her performances in "Fatal Attraction" and "Sunset Boulevard." Rob Gronkowski, a former American football tight end who has won three Super Bowl championships with the New England Patriots and one with the Tampa Bay Buccaneers, will also speak.
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Dr. Moiya McTier, an astrophysicist who studies exoplanets and is passionate about science communication, is another notable speaker. H.R. McMaster, a retired United States Army Lieutenant General who served as National Security Advisor who served in the Trump administration, will also be taking the stage during the season.
Lastly, Dr. Anthony Fauci was a key figure in the battle against COVID-19. His insights into the pandemic and ongoing efforts to combat it are not just informative but also crucial in these challenging times. These discussions are not just about information; they are about our shared future and the role we all play in it.
All five Town Hall lectures will be presented at Van Wezel Performing Arts Center. Morning lectures begin at 10:30 a.m., and evening talks begin at 7:30 p.m. The series is sold by subscription and will open for members in May and the general public in June. For more information, visit the RCLA website.
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Pop the Cork!
Downtown Set to Welcome a Swanky New Champagne Bar
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Sugar Champagne Bar, an exclusive and upscale establishment, will open its doors later this year in downtown Sarasota. This unique venue, reserved for those who appreciate the finer things in life, will showcase a small plate menu, the finest Champagne, wines, spirits, and chef, all accompanied by the delightful tunes of a pink piano.
Sugar Champagne Bar will be conveniently located at the corner of South Pineapple and South Lemon avenues, just outside The Mark condo building and near the Mermaid Fountain. This historic property was formerly the home of Malbi Décor and the Sales Gallery, where Steve and I kicked off sales for Peninsula Sarasota. It's now poised to be downtown Sarasota's new hub of upscale dining and entertainment, bringing luxury to your doorstep.
Sugar Champagne Bar's owner, Ronnie Shugar, is a seasoned entrepreneur with a proven track record of success. His commitment to quality and excellence, demonstrated in several other thriving business interests, including the renowned Raw Sugar Living, ensures that the same level of excellence will be brought to your experience at Sugar Champagne Bar.
I look forward to the pleasant sound of jazz on the pink piano while sipping a glass of rose champagne.
Photo Credit: Sarasota Magazine
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