How does Sarasota rank in $1 million-plus real estate listings?

A national Luxury Market Report reveals the answer.

By Ilene Denton June 30, 2016

Ritz carlton condo for sale ychwle


No surprise, Sarasota ranks right up there in the recent national Coldwell Banker Residential Real Estate Luxury Market Report. In the category, U.S. cities with the highest number of active luxury home listings $1 million and up range, Sarasota ranks 18th. That’s 586 active residential listings as of the end of June, according to local Coldwell Banker spokesman Laitin Schwerin. “Year to date, we have 489 new listings, which is 22% higher than this time last year,” says Schwerin. “Surprisingly, with the added supply, the average sale price is up 2 percent year to date.”

One current Coldwell Banker luxury listing, shown here is a $3.25 million, 8th floor condo at The Ritz-Carlton Tower Residences. The 3,589-square-foot corner unit offers unobstructed views of Sarasota Bay from nearly every room. Barbara Ackerman is the listing agent.

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