Sarasota Scoop: The Inside Track about Sarasota & Her islands


Here are the August 2013 statistics for the real estate market in Sarasota County. These statistics offer a clear-eyed view of exactly what's happened in the Sarasota County real estate market during the past 12 months. Community stats for a particular ZIP Code appear on the neighborhood pages.

These results have not yet been released to the public by the Sarasota Association of REALTORS®.

Note that these four charts are updated frequently and automatically from Multiple Listing Service (MLS) feeds. For the date of the most recent update, please see the line below each chart.

  • The Market Activity chart tracks inventory trends;
  • The Pricing chart tracks median and average sale price changes;
  • The Days On Market chart tracks length of
829 Views, 0 Comments


Do you keep one eye trained on the Rosemary District hoping that the eclectic neighborhood will bloom again? This area showed so much promise as a developing arts district before the Great Recession dealt its blows.

And maybe, like me, you’ve wondered about the Alfstad& Productions whose intriguing website promises to create "a quality ‘White Cube’ multi-purpose exhibition space that will become the contemporary art destination of choice."  

Now it looks like Alfstad& Productions and its team, which includes artists and crafts people, at least three of whom are graduates of Ringling College of Art and Design, are poised to breathe new life into this historic and well-located Sarasota neighborhood located just north of downtown.


3,342 Views, 0 Comments


The reauthorization last year of the National Flood Insurance Program (NFIP) made a big change to flood insurance rates by gradually ending federal subsidies for flood insurance. Yes, the differences are significant for some homeowners who received subsidies, yet most people did not receive subsidies in the first place.

Even so, if you are buying or selling real estate whether or not flood subsidies are involved, you must be vigilant about disclosures covering whether or not a property lies in a Flood Zone. Sellers must disclose the details of any applicable flood insurance. Buyers must investigate the availability and cost of insurance.

Older homes in flood zones benefited from subsidies that kept flood insurance rates low, and the owners of these

1,083 Views, 0 Comments

Sarasota makes a great place for Boomer retirees, points out USA Today (September 9, 2013). After decades in the suburbs, Baby Boomers are moving to cities where they may safely walk to shopping, dining and events.

I encourage my clients to click on the WalkScore® feature associated with the listings shown on my website to see how friendly a neighborhood is for walkabouts. Many of my clients find that a walkable neighborhood contributes health, environmental, and economic benefits. For example, One Hundred Central in Downtown Sarasota boasts a WalkScore® of 94.

Downtown Sarasota appeals to Boomers seeking small-town ambiance yet big-city amenities. Located at the center of Florida’s cultural coast, the city center boasts excellent restaurants,

3,741 Views, 0 Comments


The Indianapolis Prize announced the nomination of Randall Wells, a Sarasota dolphin researcher, for its 2014 prize, considered the world’s top award for animal conservation. Wells is the director of the Sarasota Dolphin Research Program, the world's longest-running study of a wild dolphin population. Since 1970, the program, a collaboration between Mote Marine Laboratory and the Chicago Zoological Society has conducted research on bottlenose dolphins in Sarasota Bay, the home of more than 160 identifiable dolphins spanning at least five generations

The other nominees for the Indianapolis Prize include anthropologist Jane Goodall and ocean conservationist Carl Safina. Six finalists will be selected in the spring, and the winner will be announced

744 Views, 0 Comments


We in Sarasota like to tell friends that we’re a small town with big city amenities. That includes more than one bakery where you can satisfy a yen for cupcakes.

And, yes, Sarasota has a contestant ready to compete in the Cupcake Wars on the Food Network. Becky Schultes of Heavenly Cupcakes created this video seeking her place in the bake-offs:

A certified CrossFit trainer, Schultes admits that she loves sweets. During the Great Recession when her job search hit a wall, she opted to become a business owner. The 2013 Best of Sarasota Finalist runs popular cupcake shops on Siesta Key and in Gulf Gate.

Small-bite cakes on a stick at The Lollicake Queen, a sweet shop in Southside Village, also take the tiny cake. Or try The Short Giraffe in

1,058 Views, 0 Comments

Sarasota holds a ceremony in remembrance of September 11 at 8:30am Wednesday, September 11, 2013 at the front entrance to the Sarasota Police Department, 2099 Adams Lane in Downtown Sarasota. The FREE event is open to the public.

City of Sarasota, Sarasota County Sheriff’s Office and the Sarasota County Fire Department will participate along with the Police Department.

A memorial to the First Responders stands in the lobby of the Sarasota Police Department. The pedestal holds 14-foot-long artifact from the World Trade Center. The Port Authority of New York and New Jersey donated the 2,500-pound piece to the Sarasota Police Department. The formal dedication of the memorial took place in Sarasota on the tenth anniversary of the attack. 

The 9/11

1,005 Views, 0 Comments

The Palm Avenue garage soon will charge parking fees after the first two hours. Get ready to pay a dollar or so if you stay longer than a couple of hours at dinner or the theater. The FREE parking time apparently matches the time-frame for FREE on-street parking.

On Tuesday, September 3, 2013, the City of Sarasota commissioners voted to end FREE parking in the Palm Avenue Garage. The City of Sarasota Parking Division has not announced the date for implementation, but they only need to turn on the pay-in-lane equipment to effect the fees. Parking will cost motorists $1 for the first two hours after the complimentary two-hour period. An additional three hours cost $3. Then fees graduate to a maximum $16 daily rate. Downtown employees may participate

1,051 Views, 0 Comments


Thirteen percent of Sarasota homeowners with mortgages — that’s 17,318 homes — are bobbing within 10 percent of the equity waterline. Formerly drowning in mortgage debt, they either have now or soon will have enough equity to sell their home in the next year or so.

RealtyTrac’s report for September 2013 also categorized 21 percent of Sarasota homeowners with mortgages as having a loan-to-value (LTV) of 50 percent or lower.

The improved position means that the inventory of homes on the market should improve in coming months.

Of the 2,075,484 Floridians with mortgages, 40 percent were drowning with an LTV of 125 percent or more. Florida ranked third in underwater mortgages behind Nevada and Illinois.

There are still 45,835 or 33 percent of

7,325 Views, 0 Comments


The intersection of Main Street and Palm Avenue will close for the next three weeks beginning September 25, 2013. The City of Sarasota mapped suggested detours (see illustration at left).

Crews will install brick paver crosswalks. Part of the summer improvements to Downtown Sarasota, the work schedule aims to skirt High Season when visitors flock to Sarasota.

Looking at the summary of planned Main Street Improvements, we've only just begun. Divided into three segments, the project has a completion date of November 5, 2013.

The Main Street-Palm Avenue cross walk is part of the first work segment. Add to that a new roundabout at Orange Avenue and Main Street to be completed by July 15, 2014.

Detour map courtesy of the City of Sarasota

1,082 Views, 0 Comments

Have a Question?

Contact Us

Follow Us