Siesta Key Real Estate

News and updates on the Siesta Key, Florida real estate market.

Siesta Key Beach Homes

Marc Rasmussen posted this 1 1,683 Views

You have probably seen the TV show entitled ‘Two and a Half Men’, and you have probably wished that you could live in a home similar to the one Charlie Harper lives in. It is a beautiful beach home, with a very romantic deck overlooking the ocean. Well, your wishing days might be over very soon, because beach homes on Siesta Key have never been this affordable.  However, you should never buy a beach house just for the view – although many people have done exactly this and none o...

Four Great Siesta Key Beach Condos

Marc Rasmussen posted this 1,562 Views

Many visitors each year enjoy the gorgeous beaches and numerous water sports in the Sarasota area. Here are four fabulous Siesta Key condos which provide the best in water front living, views of the gulf, and upscale amenities. The Siesta Key area is known for its world class beaches. It is a seven mile stretch of island connected with Sarasota on either end by bridge access. Temperatures average in the mid-70's with 361 days of sunshine annually. Visitors enjoy...

Siesta Key Beach Ranks #1 in the Nation!

Marc Rasmussen posted this 3,739 Views

Yippeee! Siesta Key beach was officially named the #1 beach in the country by Dr. Beach. Here are his rankings for the top 10 beaches: 1. Siesta Beach in Sarasota2. San Diego's Coronado Beach was runner-up.3. No. 3 was Kahanamoku Beach in Waikiki, Honolulu, Hawaii. 4, Main Beach, East Hampton, N.Y.; 5, Cape Hatteras in North Carolina; 6, St. George Island State Park, Florida Panhandle;7, Beachwalker Park, Kiawah Island, S.C.; 8, Coast Guard Beach, Cape Cod, Mass.; 9, Waimanalo Bay Beach P...

Sarasota Real Estate 2010 vs 2011

Marc Rasmussen posted this 1 1,909 Views

This has been a busy season so far. The Sarasota Florida real estate market is busy during the winter months. Snowbirds from the north come to Florida to enjoy the sunshine, beach, crisp golf weather and get out of the frozen tundra of the northern United States. As a result, everything get busy. The restaurants, roads, malls, stores, grocery stores, beaches, waterways and yes even the Realtors get busier. Purchasing a winter property crosses the mind of many people who are here renting....

Just Sold - Peppertree Condo on Siesta Key

Marc Rasmussen posted this 1,909 Views

    Some clients of mine just purchased a great unit in the Peppertree condos on Siesta Key. They got a 2 bedroom, 1.5 bathroom unit with 975 square feet. It was in good condition, overlooked a lake and was a short walk to the swimming pool and beach. The unit was listed for $310,000 but they got it for $290,000. Peppertree Condos on Siesta Key Thinking about buying a Siesta Key condo? Peppertree is a great place to consider. This 16 acre lush, tropical communit...

Sarasota Real Estate Market Update

Marc Rasmussen posted this 2 1,819 Views

    Getting better. Slowly but surely. The above chart shows the number of properties for sale, under contract and sold in Sarasota, Florida. Below are the raw numbers comparing May 2010 to May 2007.     May 2007   May 2010 For Sale 13090   6809 New Listings 2015       1199 Sold 579   891 Pended 532   919 Months of Inventory (Closed Sales) 22.6   7.6 Absorpt...

The Importance of Doing a Mold Test

Marc Rasmussen posted this 3 3,532 Views

Are you thinking about buying a home or under contract to purchase one? In a typical home purchase agreement there is a contingency for the home buyer to perform any and all inspections of their choosing. In addition to a standard home inspection you should have your new home tested for mold. There are thousands of different mold types. Some of them are toxic and can make you very sick while others are either harmless of even helpful. Some of the more common types of harmful mol...

Sarasota Real Estate Market Update

Marc Rasmussen posted this 3 1,075 Views

The market is heating up in Sarasota, Florida. I've been working with a downtown Sarasota condo buyer for the last few weeks and have lost out on 3 downtown condos to multiple offers and we were not putting in bad offers. I was scanning the sales in April and was impressed with the activity. Here are the stats for sales between April 1, 2010 and April 28, 2010: 1,046 sales in Sarasota & Manatee counties Lowest sales price - $4,000 (hotel room) Highest sales price - $4,000,000...

Siesta Key Houses For Sale

Marc Rasmussen posted this 1,861 Views

    Thinking about purchasing a home on Siesta Key? There are plenty of options available on the island. HOWEVER, your options are dwindling every month. Sales of Siesta Key houses have been good lately. There are many buyers sitting on the sidelines waiting for homes to hit the market. I have a handful of them myself. I am sure many Sarasota Realtors are sitting with buyers waiting for good properties to hit the market. Siesta Key Houses 187 Siesta Key house...

October home sales up 50 percent in Sarasota-Bradenton market

Marc Rasmussen posted this 1,325 Views

There was an article in the Sarasota Herald Tribune this morning titled - October home sales up 50 percent in Sarasota-Bradenton market. You can read it here. Highlights of the article include: During October, buyers in the Sarasota-Bradenton market feasted on distressed properties and other homes that had undergone big price cuts, driving sales up 50 percent. Fearing the $8,000 tax credit for first-time purchasers would expire at the end of November, buyers raced to clos...