It’s no secret that Florida’s tax advantage and favorable livability have driven extraordinary demand in the pandemic era. The price premium for sellers is most notable in the luxury and ultra-luxury listing brackets. Case in point, the noted Sarasota estate Casa del Carnevale closed $250,000 ABOVE asking price, illustrating luxury buyers’ willingness to pay up for distinguished properties that afford privacy, security, and comfort. Expect the same premium appreciation to continue and strengthen in the year ahead, as lifestyle shifts and corporate relocation invite even more high net worth residents to our market.
Stay tuned for the mid-January release of our newest market report, recapping 2020 trends and reporting on a record-setting 4th quarter with trends that are projected to shape the 2021 horizon for Sarasota sellers and buyers.
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