Recent market activity in this neighborhood moved at prices in the high $300s and the $400s for residences built during the early 2000s. Choice-sales listings in this neighborhood impress buyers of Lakewood Ranch homes for sale with their 12-foot ceilings and marble floor inlays.
SARASOTA, FLORIDA, May 24th, 2016 - While the average price of luxury homes stalled in some major U.S. markets in the 2016 first quarter, hefty gains in the luxury category were posted in the Sarasota area, recent industry figures show. During the first three months of the year 2016, it was estimated that prices of luxury Sarasota homes for sale rose 27.3 percent from a year earlier. This gain compares with year-over-year price drops of between 11 and 15 percent in such prime markets as Sandy Springs, Miami Beach, Austin, and Boston. more>>