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Longboat Key Real Estate Market On the Rise

by Roger Pettingell

It’s hard to believe how much a market can change in a year!  The Sarasota real estate market has been doing extremely well, starting this fall and zooming through the present day.  I personally sold just under $15 million of waterfront properties this fall, and I have already contracted on two Sanctuary residences on Longboat Key ($1,895,000 and $1,795,000) and a lovely Bird Key waterfront home listed at $5.4 million so far this January.  As you can see from the following article, the overall Sarasota market is looking good too.

Click Here To View The Latest Sarasota and Longboat Key Real Estate Trends 

Happy New Year!

by Roger Pettingell

Here we are on the precipice of a new decade, wondering what will be in store for all of us.  Some say good riddance to last year, even to the whole of the past decade.  Tough times, fluctuating markets, world turmoil they say.

I like to look at things differently.  I look around myself, and am thankful each day that I live in a real paradise.   Wonderful weather, the Gulf of Mexico, the Bay.  A culturally rich community which is generous to its citizens.  (Of course it doesn’t hurt that I have a happy, healthy family). 

Fluctuating markets have meant wonderful buying opportunities.  We are much closer to a real estate bottom than the top, and there is light at the end of this tunnel.  Though many consider the past year to have been a real estate disaster, many successful sales closed in 2009, and inventory is declining.  For example:

  • Longboat Key active listings - 593       
  • Bird Key active listings - 37
  • Longboat key pending sales - 51        
  • Bird Key pending sales - 7
  • 2009 Longboat sales - 330      
  • 2009 Bird Key sales - 35

I welcome 2010 and am looking forward to helping many Buyers and Sellers this year.  Times are changing, and we are changing with them.  Watch for my upcoming blogs to read about some of the new technology-based marketing concepts which we will be using in 2010!

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Why Choose
Roger Pettingell?

Experience

  • Over 33 years as a top producing REALTOR® on Longboat Key and in Sarasota.

Achievements

  • Number 1 single Coldwell Banker agent in all of Florida for 2008, 2010, 2012, 2013, 2014, 2015, 2016 and 2017
  • Number 1 Realtor on Longboat Key and Bird Key for 2008, 2010, 2012, 2013, 2014, 2015, 2016, 2017 and 2018
  • Number 1 Realtor for all Sarasota in 2008, 2010, 2012, 2013, 2014, 2015, 2016, 2017 and 2018
  • Coldwell Banker Society of Excellence award in 2013, 2014 and 2016
  • Ranked among the top 250 agents in the country for 2014, 2016 and 2017 by REAL Trends as reported in the Wall Street Journal.

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About Roger Pettingell

Roger Pettingell of Coldwell Banker Residential Real Estate is your Longboat Key, Florida Luxury Real Estate Specialist. Roger provides his real estate expertise to sellers, investors, developers, and buyers in the Sarasota area including Anna Maria, Bird Key, Bradenton Beach, Casey Key, Cortez, Grand Bay, Holmes Beach, Longboat Key, Marina Bay, Osprey and Siesta Key. Search for homes, luxury homes, condominiums, investment property, development property, and vacant land and lots on the Longboat Key, Florida and the surrounding area.