Real Estate Information Archive


Displaying blog entries 1-5 of 5

Il Panifico

by Roger Pettingell
If you love authentic pizza, you will LOVE Il Panifico. Whether you choose to bring the ingredients home for make your own pizza night, pick up individual gourmet slices to go, or hang out with friends…… this is the place. Located downtown with lots of parking, Il Panifico has a delicious authentic deli as well as traditional yummy desserts. Don’t miss this casual bistro.

Il Panifico
1703 Main Street
Sarasota, FL 34236

Sarasota Property Sales Up 49 Percent

by Roger Pettingell

Sarasota real estate sales were up 49 percent in February 2010, reaching a total of 528. Pending sales were also strong at 967. The statistics continue to reflect a recovering real estate market in Sarasota, with sale prices rebounding for condos and remaining stable for residential homes.
379 single family homes and 149 condos sold in Feb. A major improvement over February 2009's 260 homes and 94 condos. Pending sales were roughly 19 percent higher than last month and 23 percent higher than the in February 2009. 

Median sale prices in Sarasota rose in February for condos, while falling slightly for single family homes. The median sale price for a single family home was $150,000, down 4% from January, but up 5.6% over last Feb. For condos, the median price rose to $169,000 up from last month's $165,000, a 2.4 percent increase. This time last year the median sale price for condos in Sarasota was $198,000. The median sale price for single family homes for the last 12 months was $160,000, while the median sale price for condos across the same period was $185,000. 
Short sales and foreclosures accounted for 47% of the overall market in February of this year, much the same as January's 48% mark. The high percentage of short sales and foreclosures in Sarasota continues to be the single biggest factor holding down median sale prices.
The property inventory level fell slightly in February to 6,329. Down only 13 units from January's total of 6,342, which remains at the lowest levels we've seen since the summer of 2005.
The months of inventory for single family homes was 10.6 months, a drop from last month's 11.5 months and far lower than the 24.1 months in February 2009. For condos, the inventory was 15.4 months, slightly higher than the 14.7 months reported in Jan. and far lower than the 28.4 months of a year ago.  For comparison, a 6 month inventory is considered by most analysts to be a "healthy" real estate market.
The first-time homebuyer tax credit and it's extension for current homeowners having been in their home for 5+ years expires at the end of April. That deadline will likely drive some activity in the Sarasota market in the coming month as potential homeowners scramble to get a contract approved before the end of the month. Those credits are essentially free money for home buyers (in most cases) totaling $8,000 and $6,500 respectively. If you're interested in taking advantage of the tax credit give me a call and I'll be happy to assist you.

-Roger Pettingell

Owens Fish Camp

by Roger Pettingell
Hook Line and Sinker! This is the place. Owens Fish Camp is the buzz and the place to be! OFC is anchored in the old 516 Burns Restaurant next to the movie theatre in Burn’s Court. Saddle up to the bar or high top tables for the perfect meeting place for seafood and a beer….
Or enjoy the open air seating and dining inside. Super casual and super fun! Whether its oyster shooters or the best lightly fried fish sandwich in town…you are missing out if you don’t stop by!

Owens Fish Camp
516 Burns Ct
Sarasota, FL 34236

Cafe Epicure

by Roger Pettingell
Casual and light! This fun Italian café boasts a fabulous menu for all connoisseurs. Epicure has great price points for casual pizza or a sophisticated dinner. A wonderful atmosphere inside as well as ideal outdoor dining. Favorites include tropicale salad, buffalo mozzarella sandwich, chicken Milanese, and gnocchi.

Cafe Epicure
1298 North Palm Ave.
Sarasota, FL 34236
(941) 366-5648
http://www.cafeepicuresrq. com/

Roy's Hawaiian Cuisine

by Roger Pettingell
Hawaiian fusion at its finest! Make reservations and prepare for an energetic evening with a creative menu! Sushi, items from the sea or the land...they have it all ....Grab a nice full Lychee Lemon Drop martini or 1988 cocktail prior to having dinner in the large dining room. Great 'lil prix fix menu too if you are looking for a lot of food for a moderate price!!!!! Great management too...any issues - they are at your service! Definitely will be back soon!

Roy's Hawaiian Cuisine
2001 Siesta Drive
Sarasota, FL 34239
Phone: (941) 952-0109
Hours of Operation:
Sunday - Thursday: 5:30pm–9pm
Friday & Saturday: 5:30pm–10pm

Displaying blog entries 1-5 of 5




Why Choose
Roger Pettingell?


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


  • 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.