Sarasota Waterfront / Beach front homes selling

Longboat Key, Lido Key, Siesta Key and Casey Key....
Sales have picked up for beach front homes 2 million and under. We have seen 5 sales and 10 pendings since May. Sellers are getting the message that there is value in todays current market place. And many are getting the feeling if we haven't hit bottom we are very close.

One recent buyer searched the beaches of Hawaii, Mexico and the Caribbean for his family's beach vacation home. But once he discovered Siesta Key he was sold. Last week he closed on a home on Horizon View Dr. on Siesta's south end for $ 2,495 million. The home had just been reduced $ 800,000.