The Sarasota real estate market looks headed for a strong finish in 2021, many in our local realtors’ circle believe. This expectation has a sound basis, with Sarasota named recently in a national survey as the No. 1 metro to relocate.
Released in mid-October, this poll called “Finding Home” was undertaken by the U.S. moving company Mayflower. The survey showed Sarasota topping other major U.S. metropolitan areas in terms of inbound migration from July 2020 to July 2021. It covered locations where Mayflower served 800-plus total moves during the period.
So, what are the reasons why Sarasota topped the Mayflower survey? The sandy beaches and warm tropical weather of Sarasota are certainly among its topmost draws. Over two-thirds of those polled in Mayflower’s “Finding Home” survey gave weather as a top relocation influence. Others that Mayflower polled cited access to parks and dining places, all of which Sarasota takes pride in having plenty of.
Sarasota on Florida’s west coast, with its white sugar sand beaches, offers and unequal lifestyle. Enjoy all the amenities of elegant living, plus social and enriching events that make Sarasota the cultural capital of Florida. Experience the excitement of the Sarasota Opera, the Sarasota Ballet, the West Coast Symphony, the Ringling Museum of Art, and a multitude of independent theater companies. Sarasota bustles with many art galleries and antique shops. From New York bagels to elegant bistros and world-class restaurants, its marinas and golf courses, Sarasota offers something for everyone.
Marketing Pitch from Time Magazine
Recently, Time magazine also highlighted some of the merits of living in Sarasota. This prestigious periodical named Sarasota in its selection of “The World’s Greatest Places of 2021.” This global-spanning collection of 100 wondrous destinations to explore also included Orlando.
In its pitch for Sarasota’s attractions, Time cited The Bay project and its 53 acres featuring a new bayfront public park and mangrove walkway. The magazine also highlighted the major renovations in two upscale beachfront properties—the Resort at Longboat Key Club and the Lido Beach Pavilion. Time, in addition, hailed Sarasota as a vital cultural capital, citing the new Sarasota Art Museum of Ringling College.
Ranked Top Retirement Destination Anew
In another report recently, Sarasota also flexed its strong appeal to new residents, particularly to retirees. An annual analysis of the U.S. News & World Report ranked Sarasota as the No. 1 Best Place to Retire in the U.S. for 2021–2022. Notably, Sarasota earned this ranking for the second consecutive year.
The U.S. News analysis examined data on housing affordability and retiree taxes. The other factors that this study considered include desirability, happiness, the job market, and access to quality health care.
Using these standards, U.S. News compared as potential retirement spots the 150 most populous U.S. metro areas. Sarasota garnered an overall score of 7.5 in the analysis and an identical 6.2 rating for health care and housing affordability.
Abundant Purchase Opportunities
Sarasota’s relatively more affordable cost on housing close to beaches and other amenities is a tempting proposition not only to retirees. Homebuyers from younger demographics also would love to relocate to Sarasota considering its wide price range of sales-listed residences. There’s also a wide variety of residential neighborhoods to choose from like golf communities and condominium beachfront developments.
For these beach condos, our Judy Kepecz-Hays Team just listed this October a luxury residence at The Water Club in Longboat Key. Call us if you want a private showing of this extraordinary residence that can sure fire up any plans to relocate to Sarasota.