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34229 : Real Estate Advice

  • All13
  • Local Info1
  • Home Buying8
  • Home Selling2
  • Market Conditions0

Activity 10
Mon Apr 24, 2017
Luka2901 asked:
I have gone to and the Sarasota sheriffs web site. There was one instance in a gated community nearby called the Oaks and 2 instances 2 miles away since 1-1-17. 3 of three…
0 votes 0 Answers Share Flag
Tue Jan 7, 2014
Ronald Gerdes answered:
I found a property at 452 South Creek Drive that has an HOA fee of $675 Annually. I found another property at 203 Sea Anchor Drive in the Southbay Y & R that has an HOA fee of $357 per quarter.

The better answer you would get is in contacting the president of the Home Owners Association (HOA). It is not necessarily what you pay for an HOA fee, but what they do for you with the money you pay. Most people want to enjoy their home and not spend every week-end, mowing grass, blowing leaves and clippings from their walks and driveways, trimming palm trees and not spending many hours of labor in landscaping their property. Most HOA's are contracted with firms that take care of all those things for the price of your HOA fees.

Ron Gerdes, Realtor
Exit King Realty
... more
0 votes 6 answers Share Flag
Mon Jan 6, 2014
Mark Borg PA answered:
Single family home median prices up 20.6 percent
Please find below a short synapses of the Sarasota general real estate market. It is so exciting to see that there was an upturn in late 2013 which show’s us it is an important time to buy and great exciting time to sell ……

Median sale prices for single family homes sold in Sarasota County in November 2013 were up 20.6 percent over last November, a clear sign that recent price appreciation in the single family home market is continuing unabated. Single family home prices were at $187,000 this November compared to only $155,000 last November. The rolling median sale price for single family for the past 12 months was $181,700, up 23 percent over last year at this time ($147,000).
Comparing November to October, prices were up slightly for single family ($185,776 last month).
Condo prices were slightly down this November compared to last year at this time - $157,750 compared to $160,000 in November 2012. But the 12-month rolling median for condos was $163,000, up 10.1 percent over last year at this time. Condo prices were down 10.9 percent from October’s
figure of $175,000.

Total property sales in Sarasota County continued to moderate in November 2013. Overall property
sales stood at 760 (531 single family homes and 229 condos), compared to 818 in October 2013 (582 and 236, respectively). In November 2012, 552 single family homes and 278 condos
were sold (830 total).

“The November 2013 statistics indicate that the local market has leveled off at a high sales rate,” said
SAR President Roger Piro. “Word of mouth continues to indicate strong attendance at open houses, and we seem to be experiencing the traditional increase in seasonal residents and visitors. Judging from past trends, we should anticipate a busy market in the
mid-winter and early spring months.”
The declining inventory trend appears to have reversed, as there are now 4,288 properties on the
market, up from 4,032 last month.
Last November, the inventory stood at 4,188 total properties on the market.
Overall, November 2013 pending sales (properties that went under contract during the month) were
at 758, down 7.7 percent from the October pending sales of 820 and about the same differencd from last November’s 815 total.
“Despite some of the moderating numbers we are seeing, I am still confident in our current market
dynamics and Sarasota County’s future real estate direction,” said Piro. “I consider this period a lull following dynamic growth in sales and prices for almost the entire 2013. Once we get into the early 2014 period, I wouldn’t be surprised if this market expanded once again to record levels.”
The November 2013 months of inventory in Sarasota County stood at 5.4 months for single family and
6.1 months for condos. A figure of 6 months is considered a balanced market between buyers and sellers. Months of inventory represents the time it would take to deplete the current inventory at the current sales rate. Last November there were 4.8 months of inventory for single family homes and 5.4 months of inventory for condos. In October 2013, the figures were 4.8 and 5.5, respectively.
Currently, 567 properties listed for sale in Sarasota County in the MLS are short sales or foreclosures, compared to 596 properties in October. This represents 13.2 percent of available properties, down slightly from last month’s figure of 14.1 percent, due to the rise in inventory. Last November,
the figure was 15.7 percent.

Sales of distressed properties represented 29.3 percent of the overall sales November 2013, up from the October 2013 figure of 25.5 percent. In November 2012, the figure was 27.7 percent.
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Sun Aug 15, 2010
Larry Brzostek answered:
With all the choices that are available, I would like to know what other criteria you are looking for in a property.
Then I can set up a search for you where you can pick properties that are of interest and we can discuss and refine your property search from there.

Larry Brzostek - RE/MAX Alliance Group
For more information :
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Mon Oct 5, 2009
Jackie Robertson answered:
I don't know the answer, but here is another web site to look at.

Good Luck!
0 votes 5 answers Share Flag
Wed Sep 16, 2009
Gail Lidinsky answered:
Did you see the new listing in Pine run only 104,000 asking price. It is newly updated 1/1.5 and ground floor how about that to be so close to the beach?

Call me-- I believe it is Dave's listing (a great realtor and pleasent to deal with as am I. ) Let me know if you you need anything I'll watch out for you and you'll have a little place to enjoy for this season and many to come.
Crown Properties
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0 votes 3 answers Share Flag
Fri Mar 20, 2009
Bill Eckler answered:

818 Oak Briar Lane is the only home on the street currently on the MLS. It is neither a "short sale" or a "foreclosure."

We would be happy to monitor the area and make you aware of changes as they occur.

Good luck
Susan & Bill Eckler

Michael Saunders & Company
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0 votes 3 answers Share Flag
Tue Mar 3, 2009
Teresa M. Fellows answered:
644 Fernwalk sold for $780,000 on February 12th.

My best,

Teresa M. Fellows
Waterside Realty LLC
0 votes 1 answer Share Flag
Mon Sep 15, 2008
Shannon Moore - The Moore Team answered:

Just checking to see if you are still in the market for a condo. There are some good deals right now!
0 votes 3 answers Share Flag
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