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Sarasota Real Estate Continues Hot Streak Driving Activity In The Forest
We here at The Forest at High Hat Ranch continue to see a surge of activity in our master planned community as interest in the Sarasota real estate marketplace continues to swell. Spring is always one of the most beautiful times of the year in Sarasota. It’s also typically a very busy time for real estate. This season has been exceptionally busy with the harsh winter up north driving record numbers of visitors to Florida.
A recent article on Florida Tax Watch’s latest Economic Report in Florida Trend highlights this market place growth writing, “ Over the last year, there have been an average of more than 4,600 housing starts monthly in our state. Privately-owned housing starts in Florida have grown, and are now more than double the rate of the recent low point in March 2009, when only 1,806 private single housing units were started in the entire state of Florida. Housing starts are an indicator of the health of the economy as they show builders’ commitments to new construction activity and increases in housing starts indicate rising consumer demand.”
The booming season has also continued to heat up the local real estate market and we are seeing the results here in The Forest. Buyers from all over the two-county area and beyond continue to show interest at the combination of beauty and privacy The Forest provides. Along with the recent sales of million dollar estates, and the exciting news of Emerald Homes joining the builder team at The Forest family of builders, the real estate activity here is impressive.
There are currently six new homes under construction at The Forest. Nearly a high point for the community, there are even more homes ready to start construction. At this moment there are two estates in permitting with plans to begin construction shortly.
There is also a new model home on lot 1 and two spec homes underway by Emerald Home. These designs are unique to The Forest and offer the latest in modern home innovations and authentic architecture.
All of this news is coupled with the exciting sale of the estate at 9399 Swaying Branch Road for $1,550,000. While numbers like that grab attention, it doesn’t take a million dollars to find your dream home here. The Forest offers an exceptional value with homes ranging from the $700s. In fact, 3-acre homesites start as low as $85,000 and are an incredible bargain when compared on a cost-per-square-foot with the typical 100 foot “estate” lot in most area master planned communities .
As the economy and housing continue to strengthen, the real estate prices will continue to rise. The time to strike is now. The place to do it is The Forest.
The Forest offers a variety of homes from 2,800 square feet on estate-size homesites. Prices for new home and lot packages currently range from the $700s. If you have not been to The Forest, or it’s been a while since your last visit, get in touch with me for a private Land Rover tour. With recent forging of new trails to home sites it’s easier than ever to tour The Forest and get a first hand look at the beauty and privacy we can offer.
Stay tuned to our blog and Facebook page for the latest Sarasota housing trends and new offerings at The Forest.