Real Estate Reports

+ Barrier Island Realty Group displays new sign
Barrier Island Realty Group recently put up a sign for its new real-estate office at 7000 Gulf of Mexico Drive. The office will also serve as a Longboat Key information center and provide maps and brochures promoting the area.

+ Michael Saunders & Co. announces record sales
Michael Saunders & Co. announced that since the beginning of 2010, its agents have participated in 18 transactions involving properties priced from $2 million and up and six transactions involving properties priced at $3 million and up. Of these sales, the following were year-to-date records.

Linda Roe Dickinson, of the St. Armands office, represented the buyers for the sale of a Lido Shores home that sold for $8.4 million March 23, the highest year-to-date waterfront sale in Sarasota County.
In the largest year-to-date sale on Longboat Key, Kathy Simmonds, of the Longboat Key South office, brought the buyers to the sale of a Gulf-front property on Gulf of Mexico Drive that closed April 29 for $6.65 million.

In the largest year-to-date Siesta Key sale in which a property in the Sanderling Club sold May 5 for $6,425,000, Kim Ogilvie, of the Main Street office, was the listing agent, and Dickinson represented the buyers.

In the largest year-to-date sale on Casey Key in which a beachfront estate sold for $4.5 million March 26, Deborah Beacham, of the Longboat Key South office, represented the sellers, and Annette and Albert
Ayers, of the Palmer Ranch office, brought the buyers to the deal.

In the largest year-to-date sale on Bird Key, a property on Meadow Lark Drive sold for $4.2 million. Audrey and Jill Singer, of the Longboat Key South office, were the listing agents.

“Sellers of luxury properties this year have been successful whenever they’ve gotten truly realistic, even aggressive, about their selling price,” said Michael Saunders, founder and CEO of Michael Saunders & Co., in a prepared statement. “Make no mistake about it. Buyers have regained their confidence in the market for luxury properties and are clearly willing to buy so long as the price is reflective of the competitive value that buyers in every price range now steadfastly insist on.”

Contact Robin Hartill at [email protected].