Posted on July 6, 2018 - 06:21 PM
by Carolyn Donnelly
What is really hot in the Sarasota, Florida real estate market is the luxury market. In a recent Realtor.com report of the top 10 fastest-growing U.S. luxury markets nationwide, the Sarasota-Manatee market stood atop the list. Sarasota’s entry-level luxury price rose 19.1 percent year over year, reaching $993,000. Luxury prices are rising quickly as buyers from places like New York, Boston and Chicago realize there is a better bang for their buck available here.
Sarasota, Florida property taxes are also more reasonable than in the northern cities. The lack of a state income tax is a big draw for luxury buyers moving to Florida.
FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free! *Contact Information is NOT Shared*
Carolyn Donnelly, P.A. Coldwell Banker Res RE
Sarasota & Longboat Key, FL Phone: 941-350-9900