The latest quarterly data paints a clear picture that Sarasota's real estate market has shifted back to a pattern of pronounced seasonality, with listings in all neighborhoods staying on the market for more days than they had been in the previous few months and relative to the same time period this year. West of Trail, second quarter listings stayed on the market for an average of 61 days... nearly quadruple the average for the second quarter of 2022. While the average rose by quite a lot, the LRM Group's three recent West of Trail listings each went under contract within a few days.
We are proud to offer our clients a strategic advantage through a wealth of experience in the market and market timing. Our strength includes advising sellers on pricing according to the current market, spending the time necessary to prepare a home for optimal presentation, and setting appropriate expectations. We also offer valuable connections to fellow agents who are seeking specific home types for their clients, and directly to potential buyers who have asked for our assistance with searching for properties throughout Sarasota.
Whether you are considering a sale or a purchase, it is essential to know the current market dynamics. We are happy to offer personal consultation and answer any questions about the specifics of Sarasota's market and each neighborhood.