Informational Articles

Sarasota Manatee Real Estate Update

By | November 27, 2018

The Sarasota Manatee Realtor Association reports that compared to last year, the market statistics report more closed sales, inventory and a general rise in median prices in October 2018.

Year-over-year, combined closed sales in the two-county area increased by 8 percent. The condo market improved with a 27.3 percent increase in Manatee County and a 10.3 percent increase in Sarasota. Manatee single-family home sales increased by 14 percent, while Sarasota single-family home sales decreased by 2.1 percent.

In Manatee County, pending sales for single-family homes increased by 2.8 percent, while condos decreased by 3.6 percent. Pending sales in Sarasota County decreased by 4.7 percent for condos and by 6.3 percent for single-family homes.

Median prices for Manatee single-family homes increased by 4.2 percent to $298,000, while Sarasota decreased by 3.2 percent to $270,000. Condo prices in Sarasota increased by 4.4 percent to $233,745 and Manatee decreased by 1.9 percent to $191,250.

Aside from a decrease in the Manatee condo market, new listings increased year-over-year. For single-family homes, new listings increased by 12.5 percent in Sarasota and by 5.1 percent in Manatee. Condo new listings increased by 1.7 percent in Sarasota and decreased by 4.9 percent in Manatee.

Inventory is up by 6.1 percent, compared to last year’s two-county area totals. Sarasota single-family home inventory increased by 12.8 percent to 2,866, while Manatee single-family homes increased by 0.5 percent to 2,092. Sarasota condo inventory increased by 6.9 percent to 1,624, while Manatee condo inventory is down by 2.4 percent to 810 available properties.

With month’s supply of inventory falling under 5.5 months, a sellers’ market remains. Single-family homes in Sarasota increased by 10.3 percent from last year to a 4.3-month’s supply. Manatee single-family homes sit at a 3.9-month supply, a 7.1 percent decrease. As for condos, Manatee County decreased by 14.6 percent to a 3.5 month’s supply and Sarasota is at a 4.6 month’s supply, a 6.1 percent decrease from last year.

Monthly reports are provided by Florida REALTORS® with data compiled from My Florida Regional Multiple Listing Service. To view the full press release and statistical charts, visit www.MyRASM.com/statistics.

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December in Sarasota

By | November 23, 2018

 

With Thanksgiving behind us the holiday season is in full swing in Sarasota. There are many of activities and events to choose from. Here are just a few:

Date Event or Activity Location Click Link for

More Information

Dec. 1st The Venice Christmas Boat Parade Venice Venice Christmas Boat Parade
Dec. 1-2nd Bradenton Blues Festival Bradenton Realize Bradenton
Dec. 1-2nd Siesta Key Seafood & Music Festival Siesta Key Paragon Events
Dec. 1-16th “A Christmas Carol” Bradenton Manatee Performing Arts Center
Dec. 1-30th Holly Days and Mangrove Lights Osprey Historic Spanish Point
Dec. 2nd Ybor City Cigar Heritage Festival Ybor City Cigar Festival
Dec. 3rd “The Gift of Music” Venice Venice Concert Band
Dec. 6, 13 & 20th Celebrate the Season Lakewood Ranch LakewoodRanch.com
Dec. 6th Annual Christmas Walk Venice City of Venice
Dec. 7th 40th Annual Holiday Night of Lights Lido Key St Armands Circle Association
Dec. 7th Music on Main Lakewood Ranch Lakewood Ranch
Dec. 7-8th A Village Christmas Artwalk Bradenton Village of the Arts
Dec. 8th Annual Sarasota Holiday Parade Sarasota Sarasota Holiday Parade
Dec. 8th 33rd Annual Sarasota Christmas

Boat Parade of Lights

Sarasota Sarasota Christmas Boat Parade
Dec. 8-9th 3rd Annual Holiday of the Arts Lido Key Paragon Events
Dec. 13,20,27th Holiday Nights at Ca’ d’Zan Sarasota Ringling Museum
Dec. 14th Holidays Around the Ranch Lakewood Ranch Lakewood Ranch Community Activities
Dec. 14th Winter Showcase Concert of the

RHS Kiltie Band

Sarasota RHS Kilites
Dec. 15th Porches in the Park Lido Key St Armands Circle Association
Dec. 15th Sidewalk Astronomy Bradenton Local Group of Deep Sky Observers
Dec. 17th Ringling by the Bay Sarasota Ringling Museum
Dec. 19-30th Selby Gardens “Lights in Bloom” Sarasota Selby Gardens
Dec. 21st North Port Farmer’s Market North Port City of North Port
Dec. 27-30th Sailor Circus Holiday Spectacular Sarasota Circus Arts Conservatory
Dec. 31st “Main Street Live” New Year’s Eve Bradenton City of Bradenton
Dec. 31st New Year’s Eve at Selby Gardens Sarasota Selby Gardens

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

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Morton’s Gourmet Market

By | November 6, 2018

Morton's Market Front

Morton's Market FrontRight in the heart of Southside Village, Morton’s Market has been a tradition in Sarasota for over 50 years. This full service specialty food store has something for every occasion. From the Gourmet-to-Go with entire meals prepared for you to your everyday grocery items, they have it all.

It’s not a restaurant in the traditional sense but they have many prepared items such as salads, soups, sandwiches, sushi, pizza and even a hot food bar! In addition there is a meat counter, bakery, produce department and cheese shop. If you’re in need of the perfect gift they have gift baskets and gift cards readily available.

The market is open 7 days a week and hours vary by day and department so check their website for the current times. They have an additional location right in the heart of Siesta Key Village as well.

Morton's Siesta Market

Morton’s Gourmet Market is located at 1924 South Osprey Blvd. in Sarasota and Morton’s Siesta Market is located at 205 Canal Road, Siesta Key

For more information or place an order visit their website at Morton’s Market

Morton's Market Logo

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Current Real Estate Market Statistics for Sarasota and Manatee Counties

By | October 20, 2018

When Hurricane Irma made its path toward Sarasota and Manatee County in September 2017, sales stalled in both counties due to limited business days surrounding the storm. After last year’s irregular report, this September showed significant improvement in new listings, pending sales and overall closed sales.

Compared to last year, combined closed sales in the two-county area are up by 7.6 percent. The condo market improved with a 7.5 percent increase in Sarasota sales and a 12.5 percent increase in Manatee County. As for single-family homes, Sarasota sales increased by 3.6 percent and Manatee sales increased by 10.7 percent.

More properties went under contract this month, compared to last year’s stall, with a 31.8 percent combined increase. Condo pending sales in Sarasota county increased by 40.5 percent, while Sarasota single-family homes increased by 28.8 percent. In Manatee County, condo pending sales increased by 32.8 percent, while single-family homes increased by 39.9 percent.

As for new listings, the combined totals increased from last year by 36.5 percent. Single-family home new listings increased by 50.5 percent in Sarasota, while Manatee experienced a 31.7 percent increase. Condo new listings increased by 19.5 percent in Sarasota and by 29.4 percent in Manatee.

Notably, median prices continue to rise. Manatee single-family homes stayed at $295,000, while Sarasota increased by 3.7 percent to $280,000. Condo prices in Sarasota increased by 7.4 percent to $236,248 and Manatee increased by 2.8 percent to $186,575.

Inventory is up by 2.7 percent, compared to last year’s two-county area totals. Sarasota single-family home inventory increased by 6.7 percent to 2,583, while Manatee single-family homes decreased by 0.8 percent to 2,002. Sarasota condo inventory increased by 4.2 percent to 1,463, while Manatee condo inventory is down by 3 percent to 774 available properties.

According to current month’s supply of inventory, the market continues to favor the seller. Single-family homes in Sarasota and Manatee are both at a 3.8-month supply, a 2.7 percent increase in Sarasota and a 5 percent decrease in Manatee. As for condos, Manatee County decreased by 12.8 percent to a 3.4 month’s supply and Sarasota is at a 4.2 month’s supply, a 6.7 percent decrease from last year.

Monthly reports are provided by Florida REALTORS® with data compiled from My Florida Regional Multiple Listing Service. For comprehensive statistics dating back to 2005, visit www.MyRASM.com/statistics.

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November in Sarasota

By | October 18, 2018

November 2018

November 2018

 

With cooler fall temperatures, it’s a great time to get out and enjoy all that the Sarasota area has to offer. Here are just a few of the many events going on around town during November:

Date Event or Activity Location Click Link for

More Information

Nov. 2nd Day of the Dead Festival Bradenton Realize Bradenton
Nov. 2-4th Sarasota Boat Expo Sarasota SarasotaBoatExpo.com
Nov. 2-11th Cine-World Film Festival Sarasota Sarasota Film Society
Nov.   3rd Music on Main Lakewood Ranch Lakewood Ranch Main Street
Nov. 3rd 2018 Wild About Nature Festival Osprey Conservation Foundation
Nov. 3rd 16th Annual Ferrari’s on the Circle Lido Key St. Armands Circle Association
Nov. 3rd 19th Annual Original Mullet Smoke-Off Terra Ceia Island Terra Ceia Village Improvement Assn.
Nov. 3-4th 31st Annual Downtown Venice Art Festival Venice ArtFestival.com
Nov. 3-4, 10-11, 17-18th Sarasota Medieval Fair Sarasota Sarasota Medieval Fair
Nov. 9-12th Sarasota Chalk Festival Venice Chalk Festival
Nov. 9-12th Siesta Key Crystal Classic Master Sand Sculpting Competition Siesta Key Siesta Key Crystal Classic
Nov. 9-18th Englewood Beach Water Fest Englewood Englewood Beach Water Fest
Nov. 10th 8th Annual Beer, Boats & Bacon Sarasota Beer, Boats & Bacon
Nov. 10th 17th Annual Suncoast Food & Wine Festival Lakewood Ranch SuncoastFoodandWineFest.com
Nov. 10th Symphony on the Sand Anna Maria Island Symphony on the Sand
Nov. 10-11th 30th Annual St. Armands Circle Fall Art Festival Lido Key St. Armands Circle Association
Nov. 11th Sarasota Veterans’ Day Parade Sarasota VetFriends.com
Nov. 15th Riverview High School

Kilties Band Concert

Sarasota RHS Kiltie Band
Nov. 17th 17th Annual Art Show and Sale Lakewood Ranch Creative Arts Association
Nov. 17-18th Sarasota Fine Arts Festival Sarasota Festival.net
Nov. 17th Sidewalk Astronomy at Riverview High School Sarasota Local Group of Deep Sky Observers
Nov. 18th 27th Annual Ponies Under the Palms Lakewood Ranch EventBrite.com
Nov. 18th Sarasota Suncoast Concert Band Sarasota SuncoastConcertBand.org
Nov. 19th Ringling by the Bay Sarasota Ringling Museum of Art
Nov. 24th Sarasota Farmer’s Market Sarasota Sarasota Farmer’s Market
Nov. 24-25 Seafood & Music Festival Lakewood Ranch SeafoodFestivals.com
Nov. 30th-Dec. 2nd Bradenton Blues Festival Bradenton Realize Bradenton

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

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Ponies Under the Palms Mustang Show

By | October 15, 2018

Mustang Car

Mustang CarIf there’s one great thing for a Mustang fan living in the southern parts of the country it is many car shows are planned through the fall and winter months that keep the hobby going while the northern states have everything buttoned up in the garage for the winter. One of Florida’s popular shows is the annual Ponies Under the Palms Mustang & Ford Show in held on Main Street in Lakewood Ranch. This year marks the 27th annual event and it will be held on Sunday, November 18th from 8:00 a.m. to 3:00 p.m.

The show features Mustangs of all years and Ford-powered vehicles like Falcons, Thunderbirds, Fairlanes, and even a Ford GT supercar or two. Ford car and truck owners can enter their vehicles for popular vote-style judging, awards, and prizes. Details are available at www.mustangclubofwestcentralflorida.org. The event is open to the public for viewing and there are multiple stores, restaurants, and more for show attendees and visitors to shop or grab a bite to eat.

 

 

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Millie’s Restaurant Cafe

By | October 8, 2018

millies-tea-2_med

millies-tea-2_medMillie’s has been a staple in Sarasota for over 20 years serving the after-church, and daily business crowds. They are open 7 days a week from 7am to 2:30pm. On Wednesdays they are open from 3-5pm for afternoon tea (reservations required) and also available for private tea parties for special events (birthdays, showers, book clubs, etc.). In addition to all this they offer catering as well.

We have been there for breakfast and lunch at various times over the years and you can’t go wrong with anything on their menu. The food is always fresh and delicious! To view the menu click here.

Millie’s is located at 3900 Clark Road. For more information or to make a reservation give them a call at 941-923-4054.

Millie's Front

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October in Sarasota

By | September 24, 2018

october-2016

october-2016

 

The weather is great and our fall season is in full swing. There are a myriad of festivals and fun events going on in the Sarasota area during the month of October. Here are just a few to check out:

Date Event or Activity Location Click Link for

More Information

Oct. 3rd Phillippi Farmhouse Market Sarasota Farmhouse Market
Oct. 4th Ringling Underground Sarasota Ringling Museum of Art
Oct. 5th Music on Main Lakewood Ranch Lakewood Ranch Main Street
Oct. 5th First Friday Gallery Art Walk Sarasota Downtown Sarasota Alliance
Oct. 5-7th Gem & Jewelry Show Sarasota Sarasota Auditorium
Oct. 6th 4th Annual Beer, Bands & BBQ Lakewood Ranch Music Compound
Oct. 6th 24th Annual Downtown Sarasota Art & Craft Festival Sarasota ArtFestival.com
Oct. 6-28th 30th Annual Fruitville Grove Pumpkin Fest Sarasota Fruitville Grove
Oct. 7th Top Dog Show @ Van Wezel Sarasota Top Dog SRQ
Oct. 13th Jaguar Concours de Elegance Lido Key St. Armands Circle Association
Oct. 13th Flower Show Sarasota Sarasota Garden Club
Oct. 13th Sidewalk Astronomy Bradenton Sidewalk Astronomy
Oct. 13th 13th Annual Master Gardener Plant Sale Sarasota UF Extension
Oct. 13-14th Hungarian Festival Sarasota Sarasota Hungarian Festival
Oct. 13-28th 27th Annual Hunsader Farms

Pumpkin Festival

Bradenton Hunsader Farms
Oct. 14th 19th Annual Firehouse

Chili Cook Off

Sarasota Morton’s
Oct. 19-21st Sun Fiesta Venice Women’s Sertoma Club
Oct. 19-21st Coin Show Sarasota Sarasota Manatee Coin Clubs
Oct. 20th 21st Annual Cortez Nautical Flea Market Cortez Florida Maritime Museum
Oct. 20-21st St. Armands Boat Show Lido Key St. Armands Circle Association
Oct. 20-21st Arcadia Fall Rodeo Arcadia ArcadiaRodeo.com
Oct. 20, 21, 27 & 28th Pumpkin Patch Express Parrish Florida Railroad Museum
Oct. 26th Lakewood Ranch Boo Fest Lakewood Ranch Lakewood Ranch Main Street
Oct. 26-27th Sarasota Celtic Music Fest Sarasota CeltoberFest.org
Oct. 27-28th UTC Fine Art Fair Sarasota ArtFestival.com
Oct. 31st Fright Night on St. Armands Circle Lido Key St. Armands Circle Association

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

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Homes Sold Quickly in August

By | September 20, 2018

The Realtor Association of Sarasota and Manatee reports that August 2018 numbers show an increase in closed sales, inventory and new listings in the Sarasota and Manatee housing market. With pressure from rising prices, the median time to contract is down across both counties.

This month, there were 1,898 reported closed sales in Sarasota and Manatee, a 4.3 percent increase from August 2017. The condo market continues to improve with a 10.1 percent increase in Sarasota sales and a 26.9 percent increase in Manatee County. As for single-family homes, Sarasota sales decreased by 1.2 percent and Manatee sales increased by 0.2 percent.

Compared to last year, August 2018 reported fewer pending sales. In the two-county condo market, total pending sales increased by 6.6 percent. Single-family homes showed a decrease of 12.8 percent for total pending sales.

The median time to contract decreased across the two counties. Sarasota condos decreased by 1.3 percent to 76 days on the market, while Manatee condos decreased by 16.1 percent to 47 days on the market. As for single-family homes, both counties reported a median 44 days on the market, a 2.2 percent decrease in Manatee and a 12 percent decrease in Sarasota.

Median sales prices also continue to rise, year-over-year. Sarasota single-family homes increased by 9.9 percent to $283,488, while Manatee increased by 3.2 percent to $296,000. Condo prices in Sarasota increased by 9.1 percent to $232,950 and Manatee increased by 3.8 percent to $190,000.

The condo market continues to shine with a jump in new listings, or the number of properties put on this market this month. Sarasota condo new listings increased by 11.4 percent and Manatee condo new listings increased by 8.2 percent. Single-family home new listings increased by 4.5 percent in Manatee County, while Sarasota single-family home new listings only increased by 0.3 percent.

With more listings comes more inventory. The overall inventory is up by 1.2 percent, compared to last year’s two-county area totals. Sarasota single-family home inventory increased by 3.2 percent to 2,595. Manatee single-family home inventory decreased by 2.7 percent to 2,050. Sarasota condo inventory increased by 5.1 percent to 1,425, while Manatee condo inventory is down by 1.5 percent to 801 available properties.

The Sarasota and Manatee County market favors the seller, as noted by the current month’s supply of inventory. Single-family homes in Sarasota and Manatee are both at a 3.9-month supply, a 2.6 percent increase in Sarasota and a 4.9 percent decrease in Manatee. As for condos, Manatee County decreased by 7.7 percent to a 3.6 month’s supply and Sarasota is at a 4.1 month’s supply, a 4.7 percent decrease from last year.

Monthly reports are provided by Florida REALTORS® with data compiled from My Florida Regional Multiple Listing Service. For comprehensive statistics dating back to 2005, visit www.MyRASM.com/statistics.

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Art Ovation Rooftop Bar

By | September 11, 2018

perspective-rooftop-pool

perspective-rooftop-poolThe new Art Ovation Hotel in Sarasota is now open and one of the many unique features of the hotel is their rooftop bar, Perspective, which has an upbeat and laid back atmosphere. The bar is adjacent to the hotel’s pool where they were setting up for some live music when we visited recently. We found it to be a great spot for drinks and light bites and perfect for watching the setting sun. They have numerous umbrellas so you can get out of the sun and still enjoy great views of Sarasota.

The service was prompt and super friendly.  They have a full bar lineup with several signature crafted cocktails. We had Sunset Through the Skyspace and Flowers on the Wall. Both were unique and tasty. Since we were early in the evening we decided on an appetizer Chicken Quesadilla which was served piping hot and delicious. Check out the full menu here: Perspective Menu

Art Ovation is located at the intersection of Palm Avenue and Cocoanut Avenue. The Palm Avenue Garage is right behind the hotel for convenient parking.

Art Ovation Hotel Map

 

 

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