Sarasota Bay
Sarasota Bay From Selby Gardens
Photo by Gayle Maxey
DID YOU KNOW?
DID YOU KNOW? |
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Sarasota named one of the TOP places not just in the United States, but also in the world! |
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From the Sarasota Chamber of Commerce https://www.sarasotachamber.com/ |
July 2021
Report for the Month:
Under Construction In Our Metro Area - Lakewood Ranch
Real estate values are rising very rapidly in our metro area. Our region is growing rapidly. This is reflective of our strong economy, and also the number of affluent retirees moving into our region. They have already earned their retirement income, and they bring in a demand for health services, paid for by insurance and Medicare.
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Prices are rising in the two-county area because supply remains limited. The Sarasota County median sales price for single-family homes reached a new record with a median price of $407,000 in May 2021, a 36.6 percent increase from last year. As for Manatee County, the median price for single-family homes was $400,000 in May, a year-over-year increase of 23.1 percent.https://www.ourtownsarasota.com/local-housing-market-delayed-by-stay-at-home/
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Realtor Association Reports Record-Low Inventory, Record-High Prices
The median price for a single-family home in Sarasota County is $407,000; in Manatee County, it’s $400,000.
Record-low inventory has resulted in record-high prices in the Sarasota and Manatee housing market. According to data from Florida Realtors and compiled by the Realtor Association of Sarasota and Manatee (RASM), May 2021 shows an increase in sales from the same time last year, with single-family homes closing within a median of just six days. Realtors in Sarasota and Manatee counties reported a total of 2,584 closed sales in May, an 84.7 percent increase from the same month last year, with 100 percent of properties closing at or above the original list price. Condo cash sales increased by 250 percent in Manatee County and by 152.8 percent in Sarasota. For single-family homes, cash sales increased by 168.9 percent in Manatee and by 154 percent in Sarasota.
Other major public improvements include:
Selby Gardens: https://selby.org/about/selby-gardens-master-plan2/
The Bay: https://www.thebaysarasota.org/
Legacy Trail: https://www.friendsofthelegacytrail.org/
We continue our work on various projects:
Our Economic Development Website www.sarasotasistercities.com
Our Gift Catalog giftsforsarasota.blogspot.com
Proposed Tourism Animation animationsarasota.blogspot.com
Proposed Town Square sarasotatownsquare.blogspot.com
Our Sustainable Economic Development Strategy sarasotasustainabledevelopment
Our Photo Blog photossarasotasistercities.
Our History historysarasotasistercities.
Our Videos sscvideocompetition.blogspot.
June 2021
Report for the Month:
Sarasota County is cutting funds substantially for our Economic Development Commission. This is unfortunate. I have volunteered our assistance in helping the EDC during this period.
The new Mote Marine Aquarium at I-75 and University Parkway, just south of the UTC Mall is under construction. This new iconic structure will be a major tourist generator for our region. It also reduces traffic out to the beach for museum goers.
This development is typical of the great economic development improvements in Sarasota. These are often the result of a public private partnership. In this case both Sarasota and Manatee helped fund the project, although the major funding was private donations. Read more about it on the link below:
Other major public improvements include:
Selby Gardens: https://selby.org/about/selby-gardens-master-plan2/
The Bay: https://www.thebaysarasota.org/
Legacy Trail: https://www.friendsofthelegacytrail.org/
We continue our work on various projects:
Our Economic Development Website www.sarasotasistercities.com
Our Gift Catalog giftsforsarasota.blogspot.com
Proposed Tourism Animation animationsarasota.blogspot.com
Proposed Town Square sarasotatownsquare.blogspot.com
Our Sustainable Economic Development Strategy sarasotasustainabledevelopment
Our Photo Blog photossarasotasistercities.
Our History historysarasotasistercities.
Our Videos sscvideocompetition.blogspot.
Report May 2021
Report for the Month:
Our Economic Development Website www.sarasotasistercities.com
Our Gift Catalog giftsforsarasota.blogspot.com
Proposed Tourism Animation animationsarasota.blogspot.com
Our Sustainable Economic Development Strategy sarasotasustainabledevelopment
Our Photo Blog photossarasotasistercities.
Our History historysarasotasistercities.
Our Videos sscvideocompetition.blogspot.
Annual Report May 2020-2021
May 2020 To 2021
Improved Website www.sarasotasistercities.com
Developed Gift Catalog giftsforsarasota.blogspot.com
Proposed Tourism Animation animationsarasota.blogspot.com
Improved Strategy sarasotasustainabledevelopment.blogspot.com
Improved Photo Blog hphotossarasotasistercities.blogspot.com
Updated History historysarasotasistercities.blogspot.com
Published Videos sscvideocompetition.blogspot.com
Reports
Economic Development Info
Sustainable Development in Sarasota and Our Sister Cities
Craig Hullinger
Vice President Economic Development
941 312 1032
facebook.com/SarasotaSisterCities
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