https://youtu.be/SDSBHwoV0rc   Taking a look at 2021, there is so much to be grateful for as evidence indicates another promising year ahead. We had a record year of sales that can be contributed to a strong seller’s market and high buyer demand. As we review the fourth quarter of last year, inventory moved steadily off the market [...]

 

The Secret Season is upon us and possibly the best opportunity for sellers and buyers. What is the secret season? According to Drayton Saunders, President, it is right now - the time before listing season begins across our region. The third quarter of 2021 proved we are in a seller's market and offers a positive outlook for the rest of Q4 [...]

GENERAL MARKET

The first quarter of 2021 was largely a continuation of the trends that closed out the year prior – low levels of inventory and high levels of demand that gradually bumped up home values 17% and caused a 27.4% decrease in time on market. Throughout the first quarter, however, new listings coming to market are also on an [...]

Most of the world — including our local real estate market — was rocked by sudden closure at the tail end of the first quarter. But what can we expect going forward as many cities and states begin to open up again? We take a look at overall buying and selling activity pre-COVID in our first quarter update to try to understand what to [...]

 

The tri-county area commercial market posted strong fundamentals through the first half of 2019 for all property types. Looking back at the quarter, one of the largest commercial sales in the market involved a downtown Sarasota multi-family property. Bluerock Real Estate acquired The Desota, a 10-story luxury apartment building built in [...]

Heralded nationally as the "Year of the Buyer" for both the general and luxury markets, the Gulf Coast real estate market entered 2019 with mixed results but picked up momentum as the first quarter drew to a close. As seen throughout the second half of 2018, a healthy pace of inventory creation carried throughout the entire quarter with [...]

The tri-county area commercial market began the year trending positive with strong market fundamentals for all property types. Looking back at the quarter, one of the largest commercial sales in the market involved a downtown Sarasota retail property. New York Life Real Estate Investors acquired The Shoppes at Sarasota Row, a [...]

Founded on our luxury property expertise over 42 years ago, Michael Saunders & Company is proud to present a special quarterly market report specifically focused on luxury real estate. Closing out the summer season, Q3 revealed both strengths and challenges, but ultimately produced sales and pending numbers that outperformed 2017 by more [...]

  Closing out the summer season in Q3, there was no shortage of real estate stories in the national and local news cycles that shared predictions about the future market. In this quarterly report, we’re taking a look at what the data shows in our tri-county area, the reported national trends that apply to our region and the heart of [...]

If you tuned into the Q1 market snapshot for Sarasota, Manatee and Charlotte Counties earlier this year, you’ll remember that Q2 is often dubbed “The decision quarter.” This means that seasonal visitors who may have entertained the idea of owning a piece of paradise all winter long are coming out of hibernation ready to activate on [...]