Area Information

Sarasota and Manatee Real Estate Update

By | May 25, 2017

The Sarasota Manatee Realtors Association reports that according to the recent numbers compiled by Florida REALTORS® from My Florida Regional MLS, April 2017 reflects an increase in single family closed sales, median sales prices and inventory in Sarasota and Manatee County as compared to April of 2016.

Closed sales in Sarasota County increased by 8.3 percent for single family homes, while Manatee County experienced a 1.5 percent increase. Condos, however, decreased in sales in the month of April. Sarasota condo sales decreased by 0.3 percent this month and Manatee decreased by 22 percent.

Median prices of Sarasota County single family homes increased by 9 percent to $272,500, while condos decreased by 1.4 percent to $215,000. Single family homes in Manatee County increased in median price by 5.4 percent to $295,000, while condos in Manatee increased by 2.1 percent to $170,500.

The number of properties that were put on the market during April decreased in both counties from last month, a good indication of the end of the season.

When looking at the total inventory in the two-county area, there is a 9.3 percent increase of active listings from this time in 2016, but inventory continues to be very tight, especially in lower price ranges. In Sarasota County, the inventory of single family homes increased 12.3 percent and condos by 12 percent. Single family homes in Manatee County increased by 3.6 percent, while condos increased by 9.7 percent.

In April 2017, we saw an increase in time to contract over last year in both counties. Sarasota single family homes increased to 45 days on market, up from 35 last year, and the time for condos increased to 46 days, also up from 35 days a year ago. In Manatee County, time on market for single family homes increased to 46 days from 38 last year, while condos rose from 33 days last year to 50 days on market this year.

To view the full press release and statistical charts click here.

 

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Savor Sarasota Restaurant Week

By | May 17, 2017

Savor-Sarasota-2017

Savor-Sarasota-2017

Sarasota is known for having the #1 beach in the USA but we also have the highest concentrations of Zagat®-rated restaurants in Florida. During Savor Sarasota (June 1-14th) you can enjoy multi-course meals from the Sarasota area’s famed eateries for just $16 per person for lunch and $32 per person for dinner. And with a spread from Peruvian to French and every flavor in between, you’ll taste your way around the world in no time.

This event is quite popular so be sure to call and make reservations. There are so many choices that you can’t dine at all of them in the two week period but it’s a great time to check out a few. Most of the restaurants participating will have their menu posted on the website so you can check it out ahead of time. Not all are offering a lunch menu so check the website before you plan to visit. To see the list of restaurants, chef profiles and menus as well as other information visit the website at www.savorsarasota.com.

 

 

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Dining at The Coolinary in Sarasota

By | May 9, 2017

The Coolinary

The CoolinaryThe Coolinary was recently voted “The Best Restaurant Redesign” by Sarasota Magazine. The second-story Main Street space has housed a French restaurant, a Creole eatery, a Belgian beer joint, Irish pubs and more. None has looked as sexy as The Coolinary with its romantic bar, whimsical lighting and comfortable mod seats. Ask for a table by a window, where you’ll enjoy Hungarian-inspired cuisine and a rare elevated view of downtown.

The Coolinary InteriorWe visited the restaurant recently and were pleasantly surprised with the neat décor, fabulous cocktails and food that was top notch! The menu consists of the freshest and tastiest vegetables, fruits, and homemade products. Including jams, chutneys, honey, dairy products, cheeses, fish and seafood, and free-range meats. It is a huge part of their core values to exclusively use GMO-free, hormone-free and no artificial ingredients in any of their products. They also have several vegan options. Check out the menu at The Culinary Menu.

They are open Tuesday through Sunday with happy hour from 4-6pm. If you’re looking for a new dining experience downtown I recommend a visit to The Coolinary. They are located upstairs at 1359 Main Street in Sarasota.

For reservations visit their website (thecoolinary.com) or call 941 312 4773.

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Sarasota Real Estate Update

By | April 25, 2017

The Realtor Association of Sarasota and Manatee reports that according to the recent numbers compiled by Florida REALTORS® from My Florida Regional MLS, March 2017 proved to show strength in both Sarasota and Manatee County. The combined closed sales for condos and single family in the two-county area increased by 6.2 percent from March of 2016.

Sarasota condo sales increased by 13.5 percent from last year, while single family homes increased by 2.6 percent. Manatee single family home sales increased by 11.7 percent, while condos were down by 4.4 percent from 2016.

Pending sales are the number of listings that went under contract and can be an indicator of future closed sales. In the two-county area, pending sales increased by 6.1 percent over last March, unlike the slight drop that occurred in February. Pending sales for Sarasota condos increased by 21.8 percent, while single family homes increased by 7.6 percent. However, Manatee condos experienced a 6.4 percent decrease, while single family homes increased by 0.3 percent.

The inventory of active listings continues to improve over levels last March, up 12 .2 percent in the two county area. Inventory increased across both counties in March, with single family homes increasing by 13 percent in Sarasota and by 10.5 percent in Manatee. Condo inventory increased by 18 percent in Sarasota and by 4.1 percent in Manatee.

Median sales prices also continue to rise in both counties. Median prices for Sarasota single family homes increased to $262,621, up 7.6 percent from 2016, while Manatee single family increased to $290,000, an increase of 7.4 percent. Condo median sales prices increased by 17.3 percent to $230,000 in Sarasota, and by 9.4 percent to $175,500 in Manatee County.

When breaking down the current listings, there are more single family homes for sale in the $200,000 – $299,999 price range in Sarasota with 739 homes. While in Manatee, there are more homes listed in the $300,000 – $399,999 range with 579 listings. As for condos, we see the more listings in the $100,000 – $199,999 range in both counties with 467 properties in Sarasota and 265 properties in Manatee.

With the exception of the Manatee condo market taking a slight dip from last month, the months’ supply of inventory continues to gradually push toward a balanced market. In Sarasota County, the month’s supply of condos is at 6, indicating a buyer’s market, while single family homes remain at a 5.1-month supply. Manatee County is at a 4.8-month supply for condos and a 4.7-month supply for single family.

To read the full press release and view the statistical charts click here.

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May in Sarasota

By | April 24, 2017

May Calendar no year

May Calendar no year

Many of our seasonal residents have returned north so it’s a great time to get out and enjoy all that Sarasota has to offer. Here’s just a few of the activities happening in the Sarasota area during the month of May:

Date Event or Activity Location Click Link for

More Information

May 1-27th “Dearly Departed” Sarasota West Coast Black Theatre
May 2-31st “Older Than Dirt” Sarasota Florida Studio Theatre
May 4-21st “Fences” Venice Venice Theatre
May 5th Main Street Live Bradenton Realize Bradenton
May 5th “Live from Downtown It’s Friday Night” Sarasota Downtown Sarasota Alliance
May 5th Music on Main Lakewood Ranch Main Street
May 5-6th May Sidewalk Sale Venice City of Venice
May 5-28th “Beatsville” Sarasota Asolo Repertory Theatre
May 6th Sidewalk Astronomy Sarasota Local Group of Deep Sky Observers
May 6th Classic Corvettes on the Circle Lido Key St. Armands Circle Association
May 7th Waterski Show (Last of Season) Sarasota Ski-A-Rees
May 12th Friday Night Free Music Venice Venice Main Street
May 12-13th Orchestra in the Outfield Sarasota Sarasota Orchestra
May 13th Bradenton Farmers Market Bradenton Realize Bradenton
May 13th ReptiDay Sarasota ReptiDay.com
May 13th Annual Rose Festival Sarasota Bradenton Sarasota Rose Society
May 16-21st “Once on this Island” Venice Venice Theatre
May 19-21st Gem, Jewelry & Bead Show Sarasota Sarasota Auditorium
May 20-21st Dig the Beach Volleyball Classic Siesta Key Dig the Beach
May 20-21st St. Armands Seafood & Music Festival Lido Key Paragon Events
May 15th Ringling by the Bay Sarasota Ringling Museum
May 27th Antique Fair of Arcadia Arcadia Arcadia Florida Antiques
May 27th American Youth Cup III Rowing Regatta Sarasota American Youth Cup
May 27th Venice Brew Bash Venice City of Venice
May 28th A Tribute to Heroes Memorial Day Parade Lakewood Ranch Lakewood Ranch Community Activities
May 29th Memorial Day at Sarasota National Cemetery Sarasota Patriot Plaza
May 29th 4th Annual Myakka River Blues Festival Venice Myakka Blues
May 29th Annual Memorial Day Concert Sarasota Sarasota Concert Band

Call us when you are ready to make your move! To search for homes in the area go to Search for Sarasota Homes. We’re here to help you every step of the way…call us today!

 

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Sarasota Ski-A-Rees

By | April 18, 2017

ski a rees pyramid

ski a rees pyramidIf you’ve never been to a Ski-A-Rees waterski show you are missing out on a unique event in Sarasota. The Sarasota Ski-A-Rees was Founded October 30, 1957 and is incorporated as a non-profit organization. Membership in the organization is open to youth interested in learning about and developing skills related to water skiing and water safety, and to adults who desire to educate, coach and supervise these youth.

In 1958, Sarasota’s burgeoning community of 35,000 contracted with Cypress Gardens to present a special water-ski show for the Sarasota County Pageant. This event prompted the interest in presenting local water-ski shows. Realizing that outstanding talent was available in Sarasota, the Charter members of the Ski-A-Rees requested the City assist them in obtaining property for the purpose of promoting water skiing as a form of recreation and entertainment. The City responded favorably. With the continued support of the City of Sarasota, the Ski-A-Rees have been able to present weekly water ski shows that have become a Sarasota tradition for over 50 years. The shows are during the winter season on Sunday afternoons at 2pm and there are only three left this year (April 23 & 30 and May 7). Check it out at 1602 Ken Thompson Pkwy.

http://www.skiarees.com

ski a rees logo

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Crab & Fin Restaurant

By | April 15, 2017

Crab & Fin

Crab & Fin

One of the gems of St. Armands Circle for a great dining experience is Crab & Fin. We dined there last week for a family birthday and were very happy we did. The restaurant has a great location right on the circle and has both indoor and outdoor dining available. Valet parking is available and I highly recommend it as the area is always busy and parking is limited.

Crab & Fin Outdoor Dining

From the moment you enter and speak with the host/hostess you can tell they know their business. We had a reservation and were promptly seated in the dining room and quickly greeted by our waiter for the evening. The menu features pristine & unique seafood from around the world coming from ecologically responsible fisheries who promote only sustainable seasonal or aqua cultured varieties.  NONE of the seafood offerings are farm raised. There are other things on the menu (beef, chicken, etc.) but it’s hard to pass up the seafood.

crab & fin pineappleThe four of us each ordered a seafood dish (Scottish Salmon, Domestic Black Grouper, Ciopinno) and none were disappointed. After dinner they brought out a warm chocolate lava cake with ice cream for the birthday girl and then a beautiful tray of dark chocolate dipped pineapple slices. What a treat!

After dinner a stroll around the circle is always fun. Between the shops and people watching it makes for a fun evening. If you’re looking for a great spot for fresh seafood you have to check out Crab & Fin!

For reservations call (941) 388-3964 or visit their website at http://www.crabfinrestaurant.com/

 

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Orchestra in the Outfield

By | April 11, 2017

Sarasota Orchestra in the Outfield

Sarasota Orchestra in the OutfieldJoin the Sarasota Orchestra on Friday, May 12th or Saturday May 13th for a fan-friendly outdoor Pops concert at the Baltimore Orioles’ Ed Smith Stadium. Get yourself a hot dog, some popcorn, and sit back to enjoy the Orchestra in the outfield. Winning Pops selections, vocals by fan favorites and a spectacular fireworks display all contribute to an evening of hits and home runs.

Tickets from $15 will be sold by the Baltimore Orioles at Ed Smith Stadium
Online, phone, and in-person at (941) 893-6300 or Orioles.com/Sarasota.

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April in Sarasota

By | March 25, 2017

April Calendar

April Calendar

The winter season is winding down now so it’s a great time to enjoy one or more of the many events and adventures in and around Sarasota! Check out just a few of the activities happening during the month of April:

Date Event or Activity Location Click Link for

More Information

April 1st Florida Intercollegiate Rowing Regatta Sarasota World Class Rowing
April 1-3rd Annual Desoto Heritage Bottle Boat Regatta Palmetto DeSoto Historical Society
April 1-9th Sarasota Film Festival Sarasota Sarasota Film Festival
April 2nd Ski-A-Rees Water Ski Show Lido Key Ski-A-Rees
April 6th Ringling Underground Sarasota Ringling Museum of Art
April 7th Music on Main Lakewood Ranch Lakewood Ranch Main Street
April 7-9th 25th Annual Venice Shark’s Tooth Festival Venice Shark’s Tooth Festival
April 7-9th Sarasota Bradenton Spring Home Show Sarasota Home Show Florida
April 8th EGGstravaganza! Lakewood Ranch Lakewood Ranch Community Activities
April 8-9th 15th Annual Downtown Sarasota Art & Craft Festival Sarasota ArtFestival.com
April 9th Sarasota Polo Match Lakewood Ranch Sarasota Polo
April 11-15th PAL Sailor Circus Sarasota Circus Arts.org
April 14-15th 8th Annual Suncoast BBQ & Bluegrass Bash Venice Suncoast BBQ Bash
April 15th My Hometown Fest! Sarasota EventBrite.com
April 15th Main Street Live Bradenton Bradenton RiverWalk
April 15th World Circus Day Sarasota Ringling Museum
April 15th 15th Annual Easter Egg Hunt Siesta Key Siesta Key Village Association
April 15-23rd Sarasota Open Tennis Championship Lakewood Ranch Sarasota Open
April 19-30th “Dearly Departed” Sarasota West Coast Black Theatre
April 21-23rd 35th Annual Suncoast Boat Show Sarasota Suncoast Boat Show
April 22nd Keep Sarasota County Beautiful! Various Sarasota County
April 22nd Sarasota Earth Day Celebration Osprey Oscar Scherer State Park
April 23rd Suncoast Concert Band Sarasota Suncoast Concert Band
April 27-30th “Beatsville” Sarasota Asolo Repertory Theatre
April 29th DeSoto Heritage Festival Grand Parade Bradenton DeSoto Historical Society
April 29-30th 38th Annual Siesta Fiesta Siesta Key Siesta Fiesta
April 30th 15th Annual “Ride the Beaches” Venice Island Sharky’s

Call us when you are ready to make your move! To search for homes in the area go to Search for Sarasota Homes. We’re here to help you every step of the way…call us today!

 

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Inventory of Single-Family Homes and Condos on the Rise in Sarasota and Manatee Counties

By | March 23, 2017

Housing Market Up

Housing Market UpThe Realtor Association of Sarasota and Manatee just reported that the combined inventory of single-family homes and condos in the two-county area reached 8,557 in February, the highest number since April of 2012. The number of single family homes for sale in Sarasota County is up by 15.1 percent from February of last year, and is up by 6.5 percent in Manatee County. Condo inventory also increased from last year with Sarasota County up by 24.3 percent, while Manatee County was up by 1.6 percent.

Inventory has been rising in each county for nearly twelve months, resulting in an increase of month’s supply and bringing the area even closer to the benchmark of a balanced market of 5.5 months. In Sarasota County, the month’s supply of condos reached 6.2, indicating a buyer’s market, while single family homes are at a 5.1-month supply. Manatee County is at a 4.9-month supply for condos and a 4.6-month supply for single family.

To read the full press release and view the statistical charts click here.

 

 

 

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