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West of the Trail – Midyear Market Report

Cherokee Park is one of the most sought after neighborhoods West of the Trail.

Cherokee Park is one of the most sought after neighborhoods West of the Trail.

West of the Trail is one of the most desirable areas within all of Sarasota.  While the moniker may not reside on any official map, West of the Trail is as common to the local lingo as the intracoastal or the Circle.

The neighborhood is positioned west of U.S. 41, also known as Tamiami Trail (are you with me now?) and it ends when it hits the azure waters of Sarasota Bay.  Much of the land is prime waterfront territory and close to all the vibrant centers of town where you can find great restaurants, shopping, the arts, the hospital, and first-rate schools. Even the architecture is incredibly diverse – ranging from Florida bungalows to midcentury modern homes to Mediterranean-style estates.  

Realtor Stacy Hanan with Michael Saunders & Company makes West of the Trail real estate her business. She shared some key market indicators with us as well as her feet on-the-ground insights.

“Sales of homes over $1 million are up 36% from this time last year,” she explained. “It’s a testament to the quality of lifestyle we continue to enjoy.”

The chart below focuses on the territory that is West of the Trail between Mound Street and the Landings and will give you snapshot of the current trends affecting real estate values. (Source: MLS)west of trail statistics-2st quarter 2013-kp

“The economy is recovering at an improved pace,” Stacy said. “With inventory at record lows and prices stabilizing, now is a fantastic time to sell your property.”

An aerial shows Mound Street and Sarasota Bay as defining markers for West of the Trail.

An aerial shows Mound Street and Sarasota Bay as defining markers for West of the Trail.

  • User Gravatar Jane Kirschner-Tuccillo
    August 17th, 2013

    When I had to move from our waterfront wonderful 1926 “Moneypit” 18 years ago, I chose “a brand new house in an old, tree-lined neighborhood, West of the Trail” thinking I wouldn’t have to do any repairs to a NEW home, in the 5 years that I had planned to stay there, “before I could go back to the waterfront!” It has been 18 years and one of the wisest moves I’ve ever made, into this eclectic, fascinating area of Sarasota. The longer I live here, the longer I want to stay right where I am, hoping that my children will never have to move me out to a retirement home!

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