FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches
Receive email updates when listings you like come on the market for free! *Contact Information is NOT Shared*
Posted on January 4, 2013 - 02:48 PM
by Bob Stahschmidt
Siesta Key, west of US 41 near the hospital and downtown Sarasota have all seen 20-30% appreciation since the market's bottom in 2012. The inventory of single family homes in downtown has almost dried up and there's rarely a home under $400K on Siesta, selling in just days with multiple offers if one pops up. This is primarily due to increased demand for 3 or 4 BR homes near the beach and village for vacation rental purposes. The areas west of the trail and near the hospital has seen a construction boom with new spec and large custom homes being built. Check out my new green home near downtown Payne Park for just $200K, listed below. Sarasota ranks amongst the highest in terms of market recovery. Feel free to call me at 941-266-2684 for all market segment upates.