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Get to Know... Market Memo

Leading the Market with Our Trusted Network

As one of 105 members in Our Trusted Network, an exclusive circle of high-performing professional peers, I am thrilled to share that our collective market production totaled more than $4 billion in the last year. This global group of Sotheby’s realty advisors offers enhanced service to clients so that you are assured of a trusted contact …

Sarasota, Florida. Shutterstock/Sean Pavone
Market Memo View from SRQ

Workers ‘Flocking’ to Sarasota

Newly released data indicate that workers are flocking to Sarasota for business opportunity, tracking with the economic growth in the South that is outpacing all other regions in the U.S. According to LinkedIn’s January 2024 Workforce Report, Sarasota and Tampa are the top metro areas that workers are moving to. The high popularity of our …

Market Memo View from SRQ

Real Estate Rankings: MKT Team is at the top

In this banner year, the MKT Team is thrilled to be among the TOP performers in all of Sarasota and Manatee counties. Our year-to-date production is the highest at Premier Sotheby’s International Realty in Sarasota and within the top five of all of the 9,000 real estate agents in our region.  We are honored by …

Market Memo View from SRQ

Building Records: Highest Price Per Square Foot

Prices and values are continuing strong growth trends in Sarasota and throughout our region. I’m thrilled that my recent sales have included record-setting prices at numerous properties, including ONE88 on Golden Gate Point, EPOCH, Orange Club, and Sage LBK and La Firenza on Longboat Key.  Setting these new records for the highest prices per square …

Market Memo View from SRQ

Florida Property Insurance – What You Need to Know

In this video, we’re talking with Omar Calderon of CALARI about Florida property insurance and the types of insurance that homeowners need to consider. There are a lot of questions right now about Florida insurance and flood insurance in certain markets, and there are real issues for buyers to consider. Understanding whether a home you …

Market Memo

The Latest Look at Market Trends

Historically, Sarasota has had a very seasonal market. In the years before the pandemic, our market activity tended to drop right after Easter as the temperatures rise during the summer time, with the pace picking pack up in the fall months and going strongest through winter time when there’s peak interest in escaping colder climates …

Market Memo

The Market NOW – Spring 2023

The words that describe Sarasota real estate RIGHT NOW are ‘strong’ and ‘calm.’ While we’re no longer in the frenzy that we’ve talked about for the last two years, our market is still very strong and growing. High demand is the reason for Sarasota’s enduring strength, and it’s a trend we don’t expect to end any …

Market Memo Seller Story

Recent Sales Illustrate Fast Pace

We’re thrilled to share that several of our recent listings have gone under contract very quickly, illustrating the market trend that strategic pricing is a key driver in moving inventory.  Each of these Downtown listings welcomed a buyer swiftly after listing. The appeal of the locations and residences speak for themselves – it’s hard to …

Market Memo

The Latest Market Notes

This year’s market activity is off to a strong start… perhaps even stronger than we’d expected. In the first 8 weeks of 2023, we’ve seen properties moving off the market quickly and, with inventory still limited relative to demand, that’s keeping prices elevated and keeping the pressure on buyers. Even though the market has tapered since …

Market Memo

MIT Economic for Business

Over the last eight weeks, I’ve enjoyed instruction from the MIT Executive Education program offered through the Sloan School of Management. My focus in this coursework was the macroeconomic concepts that influence business and how to apply economic concepts to analyzing the real estate market. I’m proud to have completed the coursework and to have …