LUXURY REAL ESTATE IN SARASOTA SOLD in 2010

 

LUXURY REAL ESTATE IN SARASOTA SOLD in 2010

Posted by Marcia Salkin in Bird Key, Longboat Key, Siesta Key 11 Jan 2011

Luxury real estate in Sarasota Sold in 2010 increased with three times more buyers purchasing luxury real estate in Sarasota 2010 than they did the year before. Taking advantage of lowered asking prices and historically low interest rates, 16 smart home buyers jumped into the luxury marketplace. A variety of luxury real estate in Sarasota purchased was sold but being on the WATER was the universal theme of each and every piece of luxury real estate in Sarasota sold in 2010.

Out of the 16 luxury sales of $3 million+ properties, 14 single family homes and only 2 were condominium units (One at the Ritz Carlton Resident Tower and one at the Ritz Carlton Beach Club on Lido).

Located in our area’s best neighborhoods, the breakdown of single family homes are as follows:

To date, there are 6 Pending sales of luxury real estate in Sarasota and we are expecting a very active winter season. We still have wide selection of exceptional property on the market. Currently, we have For instance, our never occupied, bayfront listing at 1204 Hillview Drive has been substantially reduced in price and is now on the market for $7,900,000.

For further information on luxury real estate in Sarasota, contact Marcia Salkin or Paulene Soublis (941) 376-6121

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