SRQ DAILY Jan 27, 2022
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"Buyers are facing a lot of competition. Throughout most of 2021, the monthly supply of homes was less than one month."
New statistics released by the Realtor Association of Sarasota and Manatee confirm what agents have known for some time. The real estate market in 2021 ended up shattering records.
While December sales lagged year-over-year, the prices for homes sold in the market reached new heights. The median price of single-family homes in Sarasota County climbed to $435,788, and was higher in Manatee at $460,000. Median condo prices, meanwhile, went to $360,000 in Sarasota and $302,965 in Manatee.
And while combined sales in the two-county region dropped 14.3% from last December to 2,319 closed deals, that’s not because anyone was passing up homes. In fact, 100% of houses across the market sold 100% list price or higher. Moreover, the median sales price for single-family homes was just seven days.
“The demand for housing in our region is strong. As expected, the momentum from 2020’s market carried right into 2021, bringing another banner year of sales and prices,” said RASM President Tony Veldkamp, senior advisor at SVN Commercial Advisory Group. “On the other hand, buyers are facing a lot of competition. Throughout most of 2021, the monthly supply of homes was less than one month.”
For just single-family homes, it was even lower, at 0.6 months at the end of December for homes or condos— Manatee condo inventory actually dropped even lower to just a half a month’s worth of available units.
In total, 28,764 sales were tallied in the two markets for all of 2021. That’s up 14.9% from 2020, a year impacted by the pandemic but which still saw solid activity for most of the year. And virtually all of that was healthy sales; just 114 sales in the region was for homes considered “distressed,” with foreclosures representing only 0.5% of total sales.
The yearly median sales price on homes set at $395,945 for the year in Sarasota and $420,000 in Manatee. For condos in Sarasota, the median price for the year was $315,000 and it was $260,000 in Manatee.
Veldkamp said the high level of activity resulted in a $15.7 billion worth of sales volume. About $4.2 billion of that came in the form of cash deals.
“We anticipate the price growth and velocity of sales to start leveling off, helping to increase inventory,” Veldkamp said. “Now is a great time to consider selling your home if you’ve been thinking about it.” 
Graphic courtesy RASM
Laura and Matt Rode began their career selling real estate in Sarasota, FL in 2014. In 2018, they joined Keller Williams on the Water Sarasota and established their team, Sarasota Gulf Coast Homes. This elite group of professionals includes several members of Keller Williams Luxury International and CLHMS (Certified Luxury Home Marketing Specialists). They are your market experts for all things real estate in both Sarasota and Manatee counties.
Keller Williams on the Water Sarasota | 1549 Ringling Blvd #600, Sarasota | Matt Rode c: 941.241.7949 | SarasotaGulfCoastRealtors.com
Click here for full JAN22 Elite Real Estate Agents flipbook.
Centerstone, a national leader in behavioral health care, is undertaking a $4M renovation and expansion of its hospital and addictions center at 2020 26th Avenue East. Construction will be completed later this year. The scope of work includes expansion of the 24/7 Access Center, new patient rooms and nurses’ station on the psychiatric unit of the hospital as well as the creation of private rooms and additional meeting space on the hospital’s addictions unit. Centerstone’s investment in its facility is being made possible in part by donations from two area foundations: Bishop Parker Foundation and William G. & Marie Selby Foundation. Bishop-Parker Foundation’s $1M contribution is making several hospital upgrades a reality; a $100K donation by William G. & Marie Selby Foundation has been earmarked for new safety doors on the hospital unit.
Centerstone’s Access Center assesses children and adults who are experiencing a mental health and/or addictions crisis and determines need for further stabilization, hospitalization, detox or other related inpatient service. Staffed by a team of behavioral health clinicians, the center is open and available to the community 365 days, serving some 19,000 individuals annually. Centerstone’s hospital is currently comprised of 20-psychiatric beds for treating adult individuals’ mental health needs and 17 addiction beds where detox services and inpatient addictions rehabilitation programming are provided. In FY 2021, Centerstone’s Florida team of psychiatrists, nurses, psychologists, licensed therapists, addiction counselors, clinical care coordinators/case managers, peers, and continuing care treatment consultants provided 491,313 services. In addition to the hospital, the Bradenton campus houses a 28-day residential addiction program that can accommodate 30 adults and facilities for an outpatient Medication-Assisted Treatment (MAT) program. Outpatient services are offered at three locations in Bradenton and Sarasota.
Pictured: (L to R) Melissa Larkin-Skinner, CEO, Centerstone, Florida and Adell Erozer, Executive Director, Bishop Parker Foundation.
PGT Innovations (NYSE: PGTI), a national leader in the premium window and door category, is working to find solutions to the skilled labor shortage by partnering with Sarasota County Schools to offer a new program called Pathway to PGTI. The Venice-based company recently welcomed its first group of Venice High School students to the program. The students spend two hours of each school day at PGT Innovations, with part of that time dedicated to classroom training at PGTI’s new on-site training center and the rest of the time working alongside a skilled mentor. The program offers hands-on training in a variety of industrial jobs such as Industrial Maintenance Mechanic, Automation Technician, Welder, and Tool and Die Maker. It also teaches the young workers essential organizational and time management skills.
Sarasota-based entrepreneurs and beauty experts Isle Gallagher and Rachel Ocean will launch a new hair care product, Siesta Key Hair Extensions, this Thursday at a launch party hosted by Assunta Salon. Gallagher, an extension specialist of 11 years, is an educational leader in her specialized extension sew-in method and creator of SRQ HAIR and SRQ HAIR luxury hair care products. Ocean is a balayage and color expert, and an educational leader and ambassador for brands including Leaf and Flower and Masters of Balayage. Together, the duo recently launched Siesta Key Hair Extensions. The new brand offers one piece clip-in extensions as a solution for those who are going on vacation or can’t financially sustain the maintenance of extensions. Siesta Key Hair Extensions uses innovative technology, making them the thickest and most comfortable one-piece clip-in product available on the market. The hair is 100 percent Remy Human Hair and is ethically sourced with zero fillers and top quality. The extensions are available in 14 totally custom colors, including rooted and balayage shades. Assunta Salon is one of the first local hair salons to carry the product. The media and the public are welcome to preview the entire hair collection as well as hair tools at the launch party on January 27, 2022 from 5 to 8 p.m. at Assunta Salon located at 1833 Morrill Street in Sarasota, Florida. Patrons will enjoy wine, beer, sake and sushi, as well as music provided by SRQ VIOLINIST.
The Child Protection Center, Inc (CPC) was selected by the J. Milton & Nellie E. Hoffa Memorial Foundation to receive a $5,000 grant. This funding was awarded to support the increased need of intervention services for their state mandated Child Protection Team. CPC’s Child Protection Team (CPT) is a legislatively mandated program working in partnership with Child Protective Investigators (CPIs) of the Florida Department of Children and Families (DCF), and local law enforcement agencies to investigate allegations of child abuse and neglect. This team of individuals is often the very first point of contact for a child who has experienced the trauma of abuse. Rising above and beyond the obstacles every day, the directors and staff at The Child Protection Center continue to work tirelessly to meet the needs of victims and their families in our community, and to protect their overall safety, health, and wellbeing.
Program 4 – Love & Betrayal sees the return to The Sarasota Ballet’s renowned triple bills, with the choreography of Royal Ballet alumni Dame Ninette de Valois, Sir Frederick Ashton, and Johan Kobborg coming together for the first Program of the new year. Ashton’s Valses nobles et sentimentales holds a special place in the history of The Sarasota Ballet. Having worked with Ashton on the 1987 revival, Webb returned the ballet to the stage after almost 25 years for The Sarasota Ballet’s 2012 American Premiere, reviving the almost-lost ballet and allowing audiences to experience Ashton’s vibrant musicality. In contrast to Valses’ romanticism is de Valois’ The Rake’s Progress, a dramatic cautionary tale of betrayal and excess, showcasing the downfall of a wealthy merchant’s heir through de Valois’ extraordinary choreography and theatricality. Kobborg’s production of August Bournonville’s Napoli rounds out Love & Betrayal. This marks the world-famous dancer, choreographer, and director’s return to Sarasota since 2014. Love & Betrayal will take place on January 28 2022 at 7:30pm, January 29 2022 at 2pm and 7:30pm, January 30 2022 at 2pm and 7:30pm, and January 31 2022 at 2pm and 7:30pm at FSU Center for the Performing Arts, 5555 North Tamiami Trail.
NEW SHANGHAI CIRCUS, founded in 1951, has won more Gold, Silver and Bronze Medals in domestic and international circus competitions than any other Chinese acrobatic company. Breathtaking and polished to perfection, their skills have their roots in everyday lives of the village peasants, farmers and craftsman of the Han Dynasty. This show will take place on Saturday, January 29 at 7pm.
Tony Sands Presents "Rat Pack Together Again!" will occur on Saturday January 29 2022 at 2pm at Stone Hall, 502 Third Avenue West, Bradenton. Approximate running time: 2 hours. Relive the Glory Days with Frank, Dean, & Sammy. This production takes you on a musical journey featuring the greatest hits from the legendary, Frank, Dean, and Sammy. Enjoy reminiscing with songs like "Come Fly With Me", "You're Nobody", "That Old Black Magic", and many more. Don't miss Rat Pack Together Again.
The Junior League of Sarasota presents the fifth annual family-friendly Jungle Jamboree from 4:30pm to 7:30pm on Saturday, January 29, at Big Cat Habitat. Sure to be a “roaring” good time, the event will feature exotic animals, face painting, silent auction, sensory learning activities with Easterseals Southwest Florida plus visual art and an interactive story time exploring kindness, respect and inclusion through animals with Embracing Our Differences. Open to the public, tickets start at $15/children and $30/adults.
In February, Art Uptown Gallery will feature the work of Sarasota sculpture and assemblage artist Melanie Carlstein, in a fun exhibit entitled "The Imaginarium." Incorporating a variety of mediums such as natural wood, paper clay and repurposed objects, Melanie’s art offers a peek into a fantasy world inhabited by many unique and quirky characters. Influenced in part by having lived in and visited many countries, Melanie’s art is happy, curious and sometimes very colorful, and it is sure to brighten your day. The Imaginarium exhibit opens on Saturday, January 29 and runs through Friday, February 25. The public is also invited to a reception on First Friday, February 4, from 6pm to 9pm. Art Uptown Gallery welcomes you to the 1367 Main Street gallery, where the diverse art works of 29 local artists are shown seven days a week. Telephone: 941-955-5409 for hours and further information. www.artuptown.com.
Please join the Creative Liberties Art Studios for an ART EXTRAVANGZA happening in their front yard on January 29 from 10am to 4pm at 901 Apricot Ave. The start of a new year is the perfect time to purge, and that's just what the Creative Liberties Art Studios artists and artist vendors will be doing. It's a win/win - clearing out old art that will free the artists up to make new art - a clearing of their creative chi's. And for you - fabulous new artwork for your home or office at great prices. This is an opportunity you don't want to miss.
Join the Florida Cancer Specialists Foundation for an evening in Ocala, Florida on Saturday, January 29 from 5pm to 9pm at Patel Oaks Farm, 11704 SE 15 Circle, Ocala. The 3rd annual Farm to Table 2022 is a farm–to–table experience with local fare, entertainment, auctions and more. All event proceeds provide non–medical financial assistance to cancer patients.
Time travel with us to 1926 - a year of boom and bust, joy and sorrow. Experience downtown Sarasota through this historic and pivotal year. Each tour is approximately 75-90 minutes in length. Tours begin on the corner of Pineapple Avenue and 1st Street in Five Points Park (across the street from Sarasota Opera House, 61 N. Pineapple Ave.) and will conclude near the Palm Avenue parking garage. Walking tours will begin promptly at the listed start time. Please allow ample time for parking and meeting the group. We recommend parking in the Palm Avenue Garage when possible. Compass Rose History Experiences is not responsible for parking fees or fines incurred by ticket holders. We recommend wearing comfortable shoes for walking/standing, and weather-appropriate attire. Walking distance is under 1 mile. 1926 Sarasota Tours will take place on January 29, February 25, and March 26 at 3:30pm.
The runaway hit of numerous international music festivals is hitting the road for its first U.S. tour. Known across the globe as “the ultimate-feel good show,” THE CHOIR OF MAN offers up 90 minutes of indisputable joy on January 30, 2022 at 8pm. It’s a party. It’s a concert. It’s a pint-filled good time set in a working pub (free beer anyone?) that combines hair-raising harmonies, high-energy dance, and live Percussion with foot-stomping choreography. The multi-talented cast of nine handsome blokes sings everything – pub tunes, folk, Broadway, classic rock – all to roof-raising heights. It’s the best singing, dancing, stomping, pub crawl of a concert you’ll ever attend! CHEERS.
Van Wezel Performing Arts Hall, 777 North Tamiami Trail
This group of 10 seasoned entertainers is preserving the music and style of the iconic group Frankie Valli and The Four Seasons. Respectfully paying tribute to all the classic “Seasons” details, Let’s Hang On! also pays tribute to the Broadway show, The Jersey Boys. Capturing The Four Seasons’ trademark vocal virtuosity, tight harmonies, and crisp choreography, this full-blown stage show includes “Sherry,” “Big Girls Don’t Cry,” “Walk Like a Man,” “December ’63,” and many more mega hits of the ’60s. Let’s Hang On! will show on January 30 and 31, 2022 at the Venice Theatre.
Local area high schools jazz bands perform before a panel of three local judges on January 30 from 12pm to 3pm. Grants from the Jazz Club of Sarasota will be awarded to the jazz programs of the participating schools based on performance. The highest rated band will also perform at a future Jazz Club event. The judges are local area musicians and/or former educators who are volunteering their time for the event. Please join us to support our local high school jazz programs. The event is free and open to the public. Donations to support jazz in our schools is very much appreciated.
Pianist Emanuel Ax performs Chopin on Tuesday, February 1 at 7:30pm at the Van Wezel Performing Arts Hall. A favorite of Sarasota audiences, legendary pianist Emanuel Ax performs an all-Chopin program of the composer’s late works, including Sonata No. 3, Scherzo No. 4, a selection of nocturnes and mazurkas, and the Polonaise-fantaisie, Op. 6.
Unconventional Evening on Wednesday, February 2, 2022 at 6pm at Sarasota Art Museum. An interactive event on the South Lawn, featuring The Box installation by artist Coke Wisdom O’Neal. Enjoy cocktails, dinner and an optional session to be photographed by the artist inside the work, which rises 24 feet in height and serves as a unique backdrop. This one-of-a-kind experience will be captured on film and then printed for you by the artist. Individual Tickets: $250/person, Contact Laura Stuart Wood at lwood1@ringling.educreate new email or 941-309-4321. Online tickets coming soon.
Enjoy a private and intimate signature whiskey tasting experience at Cask & Ale on Wednesday, February 2 from 6pm to 8pm at 1548 Main Street. Your special guest host for the evening will be Steve Walleser who has served as a Whiskey Ambassador for 40 years. Your ticket purchase includes: (4) Templeton Rye Whiskey Tastings, Paired Food, and A Keepsake Thunder By The Bay Etched Whiskey Tasting Glass. All Ticket Proceeds Benefit Suncoast Charities for Children. Tickets are Limited - No Refunds - Must Be 21 Or Older.
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