Real Estate Watch: What’s new in SRQ?

With warmer weather upon us, locals and vacationers alike are enjoying all that sunny Sarasota has to offer. Interested in purchasing a home or condo so you can join in on the fun? Let me catch you up on what’s new in SRQ real estate.
The SRQ area is currently experiencing an inventory shortage. As a result, those looking to buy are having a hard time finding the dream home or condo they envision. With this low availability typically comes a dramatic increase in price, but surprisingly, that isn’t the case at this time.
I have also noticed an influx in the number of millennials looking to purchase a home as of late. According to the National Association of Realtors, this trend holds true across the country. Millennials, those born 1980-1998, account for 36% of homebuyers, according to a study by NAR. Experts expect this percentage to climb in the coming years as millennials begin to “move out”– both literally and figuratively – of their renting phase and purchase a home or condo.
Although inventory is low, the Chapman Group has some stellar properties available that will certainly appeal to homebuyers of any generation.
Residences at Siesta Key
Are you ready for luxurious vacations or year-round living full of comfort and ease on the white sands of SiestaKey Beach? At the Residences at Siesta Key Beach, you’ll find just that. Own a piece of paradise at an affordable price with fractional ownership at this prestigious location. With top-of-the-line furnishings, an updated kitchen and spacious accommodations, this three-bedroom, three-bath beachfront condo is sure to make you swoon. Owners can enjoy valet parking, spa services, pool access, fitness center, recreational area, 24-hour security and so much more.
The Meadows
If you desire to be more inland, I have the perfect property for you. Situated in the Meadows, this stunning two-bedroom residence has been renovated with superior style and pure precision. Enjoy living near golf courses, shops, the University Town Center and Nathan Benderson Park in one of Sarasota’s most sought-after communities. (I live in this area, as well, and absolutely love it!) This condo is located on the upper floor and features lavish interiors, including professionally designed décor, an electric fireplace and a soft color palette. The kitchen boasts a glass tile backsplash, under cabinet lighting, open shelving and more. The spacious screened balcony is perfect for enjoying the Florida breezes as you take in the garden and pool views, too. And, if you weren’t sold already, the Meadows neighborhood boasts 24-hour security, 14 miles of trails, a community pool and natural Florida serenity.
Like what you see? There’s more where that came from! For the most up-to-date SRQ listings and to learn more about the two properties listed above, visit my website or give me a call at 941-225-1500.