The pace of activity in Sarasota's real estate market has reached unprecedented intensity. While we are used to a downshift in the hottest summer months, this year there's been no slow down.
As buyers of all kinds - from retirees to young professionals - seek the lifestyle amenities of coastal living and the financial advantages of Florida, Sarasota has become one of the most popular residential markets in the United States. Even with new construction, there's simply not enough inventory to keep up with this extraordinary demand. The circumstances are favorable for sellers, especially those who are looking to downsize or transition to a rental lifestyle. Whether you have considered selling or not, this is an excellent time to review your home's market value.
For buyers, the news isn't all bad - while there is a lot of upward pressure on prices, interest rates are at historic lows and the competitive lending environment is favorable. Let us know if we can assist you with a consultation.