The Sarasota luxury home market is on fire. This might be a bit surprising considering today's unpredictable world. Many predicted that the real estate market would slow down drastically. That has not been the case so far. We will most likely find out next year if the economic slow down will put downward pressure on home prices. For now, the market is active. Perhaps, people are preparing for further quarantining at home and want something bigger, newer or better.
Sold for $13,000,001
Other Luxury Home Sales in 2020
- 7712 & 7660 Sanderling Rd $10,000,500
- 15 Lighthouse Point Drive - $7,900,001
- 1219 Westway Dr - $7,250,000
- 6629 Peacock Rd - $6,950,000
- 1221 Hillview Dr - $6,450,000
- All 2020 sales in Sarasota/Bradenton over $4,000,000
2019 vs 2020 Luxury Home Sales Statistics
Below are statistics for January 1 - August 6, 2019 home and condo sales for Sarasota and Manatee counties.
Below are statistics for January 1 - August 6, 2020 home and condo sales for Sarasota and Manatee counties.
Despite Covid-19, Sarasota and Manatee counties boasted 58 sales of homes and condos above $3,000,000 this year. There were only 48 sales for the same time period in 2019. Currently, there are 41 pending sales with asking prices above $3m.
Opportunities Now
Click on the following link to see a list of all homes and condos for sale in Sarasota/Bradenton $3,000,000 and up - Luxury Properties.
If you want a more specific list of properties for sale in any price range then contact us.
Marc RasmussenBroker/Owner of DWELL Real Estate
