Where Prices Remain Soft for Home Buyers


SARASOTA, FLORIDA, July 6th, 2016 – The median sale price of homes sold in Sarasota in May 2016 notched a 14.6 percent increase to $263,000, sustaining double-digit percentage gains since August 2015. Prospective buyers though need not be spooked by these steady increases in prices of Sarasota homes for sale. There are still many buying opportunities below this price point and some new builds and fresh listings too, if we look more closely at the hyperlocal levels.

A visit to Beekman Place is one good way to start a search of Sarasota homes for sale at the relatively more affordable $200s price range. This community is located off North Lockwood Ridge Road only a mile south of University Parkway. It was developed from the late 1980s up to the early 1990s and has a total of 404 residences.

Wide Selection of Housing Types

Where Prices Remain Soft for Home Buyers

The homes at Beekman Place are spread out in several neighborhoods with distinct housing types including single family homes, condo villas, and two-story townhouse buildings. Its condo subdivisions—Beekman Lakes and Forty Three West—feature a pool and a clubhouse as amenities. Two pools and a tennis court are the common facilities at the Villages and the gated Estates, the single family residence subdivisions of Beekman Place.

Another neighborhood, the Groves, consists of single family homes only. All residents of Beekman Place, nonetheless, enjoy the community’s large nature preserve, scenic lakes, retention ponds, and exquisite landscaping which feature mature trees, shrubbery and gazebos. The interior roads of the community are all private.

Reflecting the vibrant market mood for Sarasota homes for sale, four single family residences in Beekman Place have been sold since January 2016. All had listed prices in the $200s and feature floor plans of between 1,500 and 2,000 square feet designed with two to three bedrooms. All current active sales listings in this community fall in roughly the same range of square footages and asking prices.

Choices in New Builds

For those seeking new builds priced starting under the $200s range, the Villas at Charleston Park in North Port is one great destination. Lennar, one of the authorized builders in this resort-style, gated community, is offering four of its executive homes here. These are designed with floor areas starting at 1,340 square feet with prices at the $183,999‒$234,999 range.

For a move-in ready residence in the Villas at Charleston Park, check out Lennar’s four-bedroom model with a floor area of 2,032 square feet and an asking price of $231,000. Three of these models have been sold recently, indicating the growing popularity of this community amongst prospective buyers of Sarasota homes for sale.

Golf Community Options

The amenities at the Villas at Charleston Park include a clubhouse with a fitness center, billiard room and library, plus a resort type swimming pool. This community is conveniently located a short distance north of U.S. 41 and is adjacent west of Heron Creek Golf and Country Club, another superb destination for attractively priced North Port homes for sale.

In June 2016, a two-bedroom Heron Creek attached villa with a floor area of close to 1,500 square feet was listed in the MLS of Sarasota homes for sale. With a price quote just a shade under $180,000, this comes as another golden opportunity to acquire a superb residence even amidst a regime of rising prices.