Sarasota, FL

Real estate in Sarasota, Florida is a hot commodity. The city has experienced an influx of people and businesses in recent years, which has led to an increase in the demand for housing and commercial space. According to the Sarasota County Property Appraiser’s Office, there was a total of $2.8 billion worth of real estate transactions conducted in Sarasota County between January 1st and December 31st of 2017. This represents a 17% increase over the $2.4 billion that was transacted during the same period last year.

The median price for residential property in Sarasota County increased by 10% from 2016 to 2017, reaching $269,000. The median price for commercial property also increased by 10%, reaching $1 million. These increases can be attributed to both the growth of the city as well as the increasing demand for office space and retail locations within its boundaries.

Sarasota is located on Florida’s Gulf Coast just north of Tampa Bay and has been known for its luxury resorts since the early 1900s. As more people have moved into the area over recent years, however, so too has development exploded with new homes being built near popular tourist destinations like Siesta Key Beach as well as downtown Sarasota where many high-end shops and restaurants are located. There are now dozens of neighborhoods within Sarasota that offer something for everyone – from small towns with charming downtown areas to sprawling suburbs with plenty of open space and recreational opportunities nearby (including several golf courses).

If you are looking to buy or sell real estate in Sarasota, FL contact our team at Keller Williams Realty Southwest today!