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Sarasota Magazine

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Real Estate News

Real Estate Report

Buyers Regain Leverage as Local Housing Markets Shift

Inventory surges, prices soften and longer sales timelines mark the start of 2025, with all but Manatee County’s single-family home sector favoring buyers.

02/24/2025 By Kim Doleatto

Main Line

A New Mixed-Use Retail and Residential Project Is Headed to Main Street

The High Line will bring 142 units to Osprey Avenue and Main Street, 16 of which will be attainable, plus 6,600 square feet of retail space.

02/06/2025 By Kim Doleatto

Real Estate Report

Boom, Balance, Buyer’s Market: The Data on 2024′s Real Estate Market

Last year was about lots more inventory, price drops and more time on the market.

01/24/2025 By Kim Doleatto

Holding Main Ground

Two Major Buildings in Downtown Sarasota Have Sold for $13 Million

Sarasota-based Baird, Inc. purchased the Sunburn Cannabis Dispensary and Fit2Run buildings for $13 million—but the group plans to keep the Art Deco-style buildings the way they are.

01/17/2025 By Kim Doleatto

Rooms with a View

65 New Luxury Units Are Going Up on Lido Key Beach

The newly built Rosewood Residences condo tower sits on the former site of Coquina on The Beach and Gulf Beach Resort Motel. Prices start at $6.8 million.

01/15/2025 By Kim Doleatto

Sprawlin' and Ballin'

Lakewood Ranch Is a Top Master-Planned Community–Again

For the seventh consecutive year, the master-planned community earned recognition for its sales.

01/09/2025 By Kim Doleatto

Looking Ahead

From Storms to Stability, Three Local Realtors Share Their Predictions for 2025

Drayton Saunders, Judie Berger and Robert Goldman talk price trends, storm impacts and what to expect this year.

01/03/2025 By Kim Doleatto

Q & A

New Realtor Association President Debi Reynolds Shares Her Insights on the Local Market

Reynolds shares her answer to the big question: After back-to-back hurricanes, what will the real estate market look like in 2025?

12/23/2024 By Kim Doleatto

Real Estate Report

It's Rising Inventory, Slowing Sales and a More Balanced Market in Sarasota and Manatee Counties

The latest real estate data shows longer time to contract and growing inventory. The median price for a single-family home in Sarasota County is now $490,000 and $430,000 in Manatee County.

12/20/2024 By Kim Doleatto

Fruitville Hospitality

A New Hotel Is Probably Coming to Downtown Sarasota

A developer purchased three single-story addresses on Fruitville Road that, if approved, would be demolished to make way for a proposed 10-story hotel.

12/16/2024 By Kim Doleatto

Palm Up

Another Condo Development Is Going Up in Downtown Sarasota

With five stories and 12 units, 625 Sarasota at The Palm broke ground last week. Prices start at around $2.5 million each.

11/26/2024 By Kim Doleatto

real estate report

From Surge to Slowdown, Sarasota-Manatee Housing Market Faces Shifting Tides

Closed sales drop, inventory rises and time-to-sale stretches as the real estate market responds to economic pressures and storm recovery.

11/22/2024 By Kim Doleatto

Q & A

Three Local Realtors Share Their Thoughts on Sarasota's Post-Hurricane Residential Real Estate Market

Debi Reynolds, Terrence Cook and Tony Barrett discuss the effects of an unprecedented hurricane season on the local market, which was already experiencing a shift.

11/19/2024 By Kim Doleatto

Sneak Peek

Inside Aster & Links, Downtown Sarasota's Newest Luxury Rental Development

Two 10-story buildings bring 420 units to the market, plus 50,000 square feet of retail space. Let's take a look inside.

11/15/2024 By Kim Doleatto

Engle-Would

New Residential Construction Is Breaking Ground in Englewood

PulteGroup is launching The Shores at Stillwater, a 256-unit residential development with prices starting in the mid-$300,000s. In this post-hurricane world, there could be increased demand for new construction.

11/08/2024 By Kim Doleatto

Big Deal

Sarasota County's Purchase of Albritton Fruit Farms Is Final

The property will provide soil for covering waste at the county landfill located just south of the farm and "will not be used as a landfill," according to a county spokesperson.

10/29/2024 By Kim Doleatto

Market Report

New Real Estate Data Shows More Inventory, Longer Time to Sale

It’s still too early to see the effects Hurricanes Helene and Milton had on our real estate market—but no matter what, there's a trend toward a cooldown from the past few frenzied years.

10/25/2024 By Kim Doleatto

The Latest

The Local Real Estate Market Is Seeing a Summer Slowdown

It's common to see declines in the summer as snowbirds leave and local tourism slows, but there are bigger forces at work, too.

09/20/2024 By Kim Doleatto

Wellen up

A New Community Is Headed to Wellen Park in South Sarasota County

Esplanade at Wellen Park is set to bring 877 new units to the market starting in early 2026.

09/19/2024 By Kim Doleatto

Second Gen School

A Thoughtfully Updated Oyster Bay Home Built in the Spirit of the Sarasota School Hits the Market

The Quail Drive home has a unique blend of history and modernity. It's on the market for $2,295,000.

09/09/2024 By Kim Doleatto

At Sarasota Magazine, we celebrate Sarasota’s vibrant culture, rich history, and bright future with award-winning, high-quality content that captures the spirit of our community.

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