Thinking sellers have the edge over buyers in Sarasota and Manatee Counties? It really depends upon the price band you're in. Let's look at the $400-800 price range for single family homes - resales and new builds.
There are 1438 units for sale which is an increase of 3.2% over November and a 33.3% increase over December of 2015. Wow - that's a rise in inventory!
206 units closed in December 2016 up 13.2% compared to November 2016, up 7.3% compared to last year.
Homes placed under contract were 169 units - down 10.1% compared to November and down 4% compared to December of 2015.
Based on closed sales there is a 7 months supply of inventory in that price band. If you look at the months of inventory based upon pending sales there are 8.5 months. Either way - it's a BUYER'S MARKET!
While real estate sales and purchases can definitely be emotional data delivers the facts that make decision making much easier. We can drill down even more into different Sarasota or Manatee communities. We can narrow the price band. And we can determine where there is more inventory - is it in new builds or in resales? We've got the answers to those questions. Just ask.
This is the opportunity to live the way you want. Located on the 14th tee of the Bradenton Country club golf course this is one you do not want to let pass by. Not having to worry about rules and regulations and able to have all the toys you can think of. Bring your boat your RV your golf cart or whatever and enjoy the ultimate lifestyle.
Watch the video that really gives you the highlights of the residence and the area. Pictures really are worth a thousand words and these photos and video tell the story of an amazing spot to call home.
'Seller Says'
What do you enjoy the most about living in this community?: We loved the lifestyle that this custom-designed home afforded us! Country club living without deed restrictions or HOA fees make an enhanced lifestyle even more affordable.
Why did you buy this home and what do you enjoy most about it ?: This home, designed by local architect J. Thomas O'Brien, is a scaled-down version of a house he had designed previously for us on Riverview Boulevard. We kept our favorite features, including the over-sized game and family room with ample space for a pool table, activity table, couches and the bar. An elevator provides easy access to the bedrooms, laundry room, and extra study. The house was built under the watchful eye of local custom home builder, John Melton, who prided himself on building only a few homes per year so that he could ensure exemplary craftsmanship.
What is the community like ?: Centrally located in Bradenton, Golf Club Estates is a quiet, established neighborhood. Here, you are close to shopping, dining, downtown and the beaches.
Tell us about other activities and or amenities that are around your home that you want a buyer to know about? Short walks or rides provide quick and easy access to all of the amenities of the Bradenton Country Club. Including a Donald Ross-designed, 18-hole golf course, seven lighted, Har-Tru tennis courts, a junior Olympic swimming pool, and a nearby exercise room. BCC also provides a great selection of dining options for its members.
"Bring all your toys- the boat, RV or whatever, as there are no HOA rules or fees to cause worry. With so many things in its favor, this house will provide a lucky family with a very tranquil but exciting home for many years to come"
It's more than just the white sand beaches and the crystal clear waters that warm your heart. It's even more than the Florida Sunshine that's certain to cure you of the cold. It's a lot more than upgrades, updates, elegance and grace. Yes, it is all of that but it's also a whole lot more. The location can't be surpassed. It's on the beach, it's steps from shopping, dining, marinas, vets and more. Just Google Map it to see exactly where 5300 Gulf Drive is sited and you'll see why this is the spot to beat. The residence offers its own uniqueness. It can be purchased as a five bedroom offering you many different options including the possibility of rental income. Or you can purchase the three bedroom or the two bedroom individually. When has this type of possibility come your way? Watch the video that really gives you the highlights of the residence and the area. Pictures really are worth a thousand words and these photos and video tell the story of an amazing spot to call home.
'Seller Says'
What do you enjoy the most about living in this home: When you cross the bridge to Anna Maria Island and the Martinique North it is "instant vacation". As soon as you walk through the door you are transfixed by the breathtaking Gulf of Mexico view. Friends have said that when they walk in, the view makes them feel like they are on a Caribbean cruise ship. The rhythm of the waves draws you in and time seems to stand still. The condo is bright and spacious and has been a wonderful family gathering spot. Three generations have spent wonderful holidays and reunions here.
Things I like most living in this community: Living at the Martinique North is the perfect expression of the Old Florida life style. It is laid back and friendly. While it is a mid-rise building, there are only 61 condos in the building. It's two elevators and private garages make it easily accessible for all. A full third of the units are still owned by original owners or the family of the original owners. Even in season it has a quiet, relaxing feeling with its expansive powdery white beach, tennis court and Olympic size pool.
What improvements have you done to the home that the buyer would appreciate: The condo has been totally remodeled and reconfigured. Its triple sliding doors make possible the best of indoor/outdoor living. Closed they allow for unobstructed Gulf views that can be enjoyed in air condition comfort in the hot summer months. Open they permit refreshing Gulf breezes to fill the condo during the moderate winter months.
The remodeled open concept kitchen with its breakfast bar makes cooking a pleasant social experience. The full height dark kitchen cabinetry create an elegant but accessible atmosphere. Ample storage ensures that anything wanted is easily available so precious time isn't wasted running back and forth to stores.
All bedrooms have been remodeled to be large, comfortable private spaces that complement the two separate common family areas. Having two family rooms means that both kids and adults can gather independently and do their own thing or come together for a heated Monopoly game!
A relaxing steam shower, double vanity, and walk-in closet make the master suite the ultimate after beach retreat.
The jetted tub in the hall bath has worked out the kinks more than once whether they were the result of traveling or tennis matches.
The in-unit washer and dryer means one can throw the wash in and head to the beach or pool with no worries. Towels, etc, can go right into your own dryer and you're set for the next day.
Where do you shop: Almost anything one wants can be bought on the Island. The island Publix has great variety. Both CVS and Walgreens are within walking distance. Just a few blocks away there is a fresh fish market, post office, a "smart" clothing shop, two great stores with trendy casual clothes, two hardware stores, two home accessory stores, and a souvenir store where any visitor is sure to find the perfect remembrance.
Where do you dine: For special occasions the Beach Bistro can't be beat. For breakfast with that unique old Florida feeling Minnie's is our favorite choice. For great strawberry waffles, the Manatee Public Beach Restuarant is great. For open-air beach dining -- lunch or dinner-- we love the Sandbar. For Japanese delights, the Marina Ocean Star is terrific.
Tell us about other activities and or amenities that are around your home that you want a buyer to know about: Being at the Martinique North us about being outside at the beach or the pool. But just outside the building the free beach trolley stops around the clock. The trolley takes residents and visitors all around the island and up Long Boat Key. It goes to Historic Bridge Street, to Manatee Beach for nightly entertainment and Friday night Drum Circles, to the Public library, to Bean Point to see the protected migratory birds, to in-season gatherings for nesting of sea turtle walks, to the Bradenton Beach Farmers markets, to fun fishing off Anna Maria Fishing Pier, and even to Saint Armand's Circle for art fairs, good eats and shopping. Just four blocks away is a private marina. You can keep your own boat there or arrange for private fishing outings or day trips to Egmont Key. There is even an executive golf course on the Island just a five-minute drive away.
Dining: Lobstah's is steps away and offers fine wine, fine spirits and great food. Visit Lobstah's to see what's up! Hurricane Hanks is a notorious local hang out and is less than a block from this residence. Shopping: You've got to visit The Sand Dollar to make your new spot elegant and fun with furnishings and finishings from this quaint spot a few moments from 5300 Gulf Drive. Visit the other local shops like Mister Roberts for fashionable resort wear. Don't forget groceries - shop Publix on Anna Maria Island.
that builders are continuing to flourish in this market of low inventory re-sale homes. That means that for many buyers a brand new home is one of the best ways to make the Florida Dream a reality. Some builders have inventory homes that means a Buyer can move in sooner. For others building their very own home on a lot that matches their criteria makes the most sense. Here are some myths that I'd like to clear up:
1. Buyers will not save money by not being represented by a Realtor/Buyer's Agent. The fees that would typically go to the agent are simply retained by the Builder giving them more profit.
2. The Builder Reps do not represent the Buyer. They are compensated by the Builder and their job is to protect the Builder and the Builder's interest.
3. You must use the Builder's Mortgage company and Title Company. - No. You do have choices, however some Builders do offer incentives to use their preferred partners.
4. I can't make any changes to the interior of the home. - Not every builder is a tract builder and many do offer options to make changes.
5. As a buyer I can't be as involved as I would like. That is true for many tract home builders, however there are custom builders such as our local Camlin Homes that offers a Concierge Program. What does that mean? You, the buyer choose from a list of architects. You have a choice in everything else from the H-Vac to the finishings. Camlin shows you the invoices. How do they get paid? They place a fee for service on top of the costs. It's an open book policy that works for many well researched, involved buyers.
6. My Realtor will dump me at the Builders and run. No, not if you use a Team like TeamWorks. We're there to ensure you are "taken care of" from beginning to end.
We're here to assist you in your New Home Purchase!
Tuesday, September 22, 2015
According to TrendGraphix there is only 1.5 months of inventory under $600,000 in the Sarasota and Manatee Counties area. What does this mean?
Sellers, please note that this is a terrific time to list your home. Priced right in this range and you can expect multiple offers. It may also mean that this is the perfect time to move up. So a seller can finally transition into a buyer easily.
Buyers - expect to be competitive. If you're thinking of low-balling a property under $250,000 you can expect to be shut out of the game. It is highly competitive and if you'll need to be assertive with terms as well as price.
TeamWorks Real Estate can assist you with your buy and your sell. We'll give you up to the minute hyper local market conditions on home values in our area.
Contact us at 941.779.5149; visit TeamWorksRealEstate.com or email contact@mytwre.com.
