Homes for Sale in River Strand: Looking Ahead to 2014
River Strand was named the 2013 Golf Community by the readers of the Sarasota Herald Tribune, and with good reason. Driven by a surge of new home sales, resales also flourished and prices rose significantly. Homes for sale in River Strand were selling from the low 200's to the $500's in the beginning of the year. By the end of the year, homes in the low 200's surged to the mid 200's and some high end homes eclipsed the 600,000 mark.
While homes for sale in River Strand saw price increases, condos also saw a significant rise in prices, particularly new. The coach homes probably saw the biggest increase--a new top floor Oleander is now selling in the $280 range! Condos for sale in River Strand will likely continue this trend as babyboomers and Canadians continue to gobble up seasonal and permanent homes and condos in the area.
Inventory levels still remain lower and will contribute to rising prices over the course of the next year. Meanwhile, new home builders have gladly filled the void, with most experiencing record setting years.
If you are in the market for homes for sale in River Strand, now is the time. As a former sales associate in River Strand, I am in an incredibly unique position to advise you on a purchase of new home or resale in this fabulouse community.
DESTINATION REALTY GROUP
Robert Casella, CLHMS - Licensed Realtor
Certified Luxury Home Specialist