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Now Trending | Fall 2020

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real estate trends

It’s not news when the nightly weather forecaster recites the expected daily highs of 92 degrees for August and September along our Suncoast.

We Floridians hardly notice.

The same is true in the real estate market – come August and September where our market usually cools down a bit – even while the climate outside is Florida Hot.

We usually brace and pause in September –catching our breath for the upcoming sales season.  Well, that was before 2020. A year like no other for many reasons. Our real estate forecast continues to be a hot market that’s getting hotter as we head into the cooler days of the fall.

In the stock market, investment markets –and the real estate market- there is an age-old maxim – “The trend is your friend.”

On our Suncoast sales are up and inventory is down. A trend.

Almost 1,000 people are moving to Florida a day from all over the United States. Another trend. Snowbirds are arriving earlier and staying longer. Yet another trend.

Those are the trends – my friends.

And they are reflected in visitors to our website.

People are flocking there with web traffic being up 39.1% over last year. People are landing on our pages – up 35.5% compared to 2019, and social channels are up 44.1% year over year.

What does it all mean?  A hot market – that’s staying hot.

Let’s take a look at some selected properties, areas, and reasons why the Suncoast continues to create the trend of a hot market that’s getting hotter.

Great space and value

Homes under $1 million

A chance to move and move-up best describes Barbara Milian’s spacious 3,600 square foot home and listing at 7516 Aguila Drive (co-listed with Ian Addy, PA) in the attractive Palmer Reserve. Four bedrooms and four baths – a home for everyone who likes a chance to spread out. A great value. Competitively priced to sell in the family-friendly Palmer Reserve community. A prime location near the top-rated elementary school Tatum Ridge. Situated in a small enclave tucked away with easy access to I-75, downtown Sarasota, beaches, and the UTC mall. No longer a secret – a great choice for growing families on the move and wanting to move up.

Stunning properties over $1 million

A homage to Sarasota’s rich history of architecture

The home located at 3347 Old Oak Drive, west of the trail in Sarasota is a gem. Presented by Janis and Ron Collier, it truly represents the best of both worlds. Sarasota’s rich heritage in revering the past – yet gleefully embracing the future. The home is described accurately as a home “that successfully incorporates mid-century modern with design elements of Sarasota’s School of Architecture.” And that’s no easy task. Yet it does so magnificently and seamlessly. Shows like a piece of art. Part “old-school California Bohemian cool” – while incorporating the latest and best technologies that let it show as a new model. Abundant and mature tropical foliage and landscaping embraces the home – providing a feeling of nature and bringing the outdoors in and the indoors outside – courtesy of expansive windows. A retreat for all in a prime location, creating an “oasis of serenity and privacy.” Exactly the type of home that has those up north seeking sun, sea, space and art – and scurrying for the airport and the Suncoast.

Trend – All roads lead to Suncoast

And one road – Gulf Of Mexico Drive connects Longboat Key & Anna Maria Island –two very different tropical destinations that Suncoast seekers desire for a litany of reasons.

Longboat Key’s universal appeal – A Gulf Coast barrier island so close to Sarasota’s rich cultural offerings. On Longboat Key, the music is played by turquoise seas at sunset, like the ballet, opera and theater prepare for winter residents to change their tune and take the short drive over the bridge downtown in time for the curtain.

And where else but Longboat could you do that?

Those seeking a day on the water can enjoy it by either kayak or boat, sun-seekers find pristine beaches, and those desiring a morning ride, run, or jog will find Durante Park as their oasis of fun. Fine dining and deep-sea fishing are a short trip away and complete the eclectic picture of a place called Longboat Key. Isolated yet open. A place where you can hide or connect. The choice is yours.

Anna Maria IslandA slice of paradise just down the road

Pristine beaches adorned by a variety of home choices, not just luxury homes or those that are beachfront. It’s been noted by vacationers – “well this is ridiculous; we should buy a place here and rent it when we are not using it.” Something, not surprisingly that’s happening more often. Anna Maria has an Old Florida feel. A place where you drift back in time. A place where families can thrive and enjoy fishing or sailing the plentiful waters.

Anna Maria, Florida has something for everyone and is a place everyone can enjoy. A beautiful place where you can breathe and take in the gulf breezes on waters that compare with the waters of the Turks and Caicos – without the long flight.

A place that is trending because of its quaint beach town that people appreciate now more than ever. A great place to go on vacation, but now a better place to live.

Dolphins, manatees, and birds welcome visitors in an authentic unpretentious way – just like the people who live here. A water wonderland. A place that provides that “where have you been all my life” feeling for those discovering this place of sunshine, joy, and fun!

Sunshine, joy, and fun. Three reasons that make the Suncoast so inviting to so many new friends and why the trend to move here continues to be hot – just like the weather.

– Michael

Now Trending | Fall 2020 was last modified: November 10th, 2020 by Michael Saunders