Tuesday, April 27, 2010

Monday, April 5, 2010

Luxury Real Estate in Sarasota Selling in 1st Quarter


I am so happy to report that the first quarter of 2010 for luxury real estate in Sarasota sales looks nothing like it did a year ago! This year at the end of the quarter, 82 properties with list prices over $1,000,000 are under contract while 55 ($1m+) properties have actually sold and closed!


While many of these contracted properties are short sales and foreclosures (at least 1/3 in both categories), inventory is finally being moved and buyer's choices are rapidly dwindling.


SalkinSoublis have just listed a gem of a home poised on a deepwater basin on North Siesta Key at 930 Siesta Key Place. It's been totally and tastefully redone and we have it listed at a very reasonable $1,495,000. Take a tour, Sunday April 11 from 1 to 4 p.m.