Peter G. Laughlin Group
LUXURY REAL ESTATE NEWS
September 2020
Thinking of Selling Your Home?
Now May Be the Right Time.

Decline in Homes for Sale

LOW INVENTORY
Inventory is arguably the biggest challenge for buyers in today's housing market. There are simply more buyers actively looking for homes to purchase than there are sellers selling them, so the scale is tipped in favor of the sellers. Active listings -- the count of all homes that were for sale at any time during the month -- fell 21.8% year over year to their lowest level on record in July, the 11th-straight month of declines. The supply shortage is worsening because home sales are increasing at a faster rate than the number of homes being listed.

WHY IS THIS GOOD FOR SELLERS?
A good time to enter the housing market is when the competition in your area is low, meaning there are fewer sellers than interested buyers. You don't want to wait for all of the other homeowners to list their houses before you do, providing more options for buyers to choose from. With sellers starting to get back into the market after five months of waiting, if you want to sell your house for the best possible price, now is a great time to do so.

THE BOTTOM LINE
There are simply not enough houses for sale today. If you're ready to leverage your equity and sell your house, let's connect today. It's a great time to move while demand for homes to buy is extremely high.
LEARN MORE
 
Sales Activity Reports
This month we add three new areas
to our monthly ativity reports -- South Siesta Key,
Anna Maria Island and East County Acreage.
West of Trail Siesta Key Downtown
VIEW REPORT VIEW REPORT VIEW REPORT
Bird Key St. Armands-Lido Longboat Key
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West of Trail North West of Trail South East of Trail
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South Siesta Key Anna Maria Island East County Acreage
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NEW LISTINGS
Here's an exclusive preview of new listings
and listings going live in September.
If you have interest, contact me right away.
New Listing
DOWNTOWN SARASOTA
Live-Work-Play Urban Oasis
4BR/4.5BA/3,005sf| $1,595,000

Live-work-play in Downtown Sarasota's historic Laurel Park with income potential from the studio apartment over the garage. This 2018 modern farmhouse residence strikes the perfect balance between traditional design and contemporary living. This modern urban oasis is ready to welcome you home!
VIEW DETAILS
New Listing
LIDO BEACH
1700 Benjamin Franklin Drive #7G
2BR/2BA | 1,382 sq. ft.| $675,000

Lido Beach condo with big views of Sarasota Bay and
Downtown Sarasota. The beach is your back yard, the Ted Sperling Nature Park is out your front door, and Sarasota's nearby cultural amenities enhance your island lifestyle.
VIEW DETAILS
New ListingCOMING SOON
4205 Higel Avenue
North Siesta Key

4BR/4.5BA | 7,003 sq. ft.
$4,775,000
New ListingCOMING SOON
The Beach Residences
Lido Key

2BR/3BA | 3,352 sq. ft.
$2,399,000
New ListingCOMING SOON
525 Reclinata Drive
Longboat Key

4BR/3.5BA | 3,070 sq. ft.
$1,499,000
New ListingCOMING SOON
3901 Hamilton Club Circle #1
Siesta Key

3BR/3.5BA | 2,798 sq. ft.
$995,000
 
EXCLUSIVE PRE-RELEASE OPPORTUNITY
Sage Longboat Key
SAGE LONGBOAT KEY
Sage LBK is a luxury, boutique condominium with 260 feet of beach frontage and 16 residences running the full radial width of the building. Balconies at both ends offer unobstructed views of the Gulf and Sarasota Bay. World-class architecture, inspired interior design and revolutionary smart home features. You have arrived at Sage LBK -- where refined ambiance elevates coastal living.

This project is being offered to our clients as a preliminary release. It is not going to be released to the general public for a few weeks. That gives you the opportunity to get first dibs on getting the unit of your choice. Pricing from $4,262,000 to $7,000,000.

We believe these units are going to go fast.
Contact me right away to take advantage of this
pre-release opportunity.


I can provide you with detailed pricing, floorplans and schedule
a personal presentation of this exclusive new boutique condominium on Longboat Key.
WATCH VIDEO
 
Peter G. Laughlin Group
Peter G. Laughlin Group
PGL GROUP
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