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Sarasota FL Real Estate Market Reports – December 2011

By
Real Estate Agent with Kwee Huset Realty

 

Sarasota FL Real Estate Market Reports – December 2011

 

Between 12/1/2011 to 12/31/2011 there were 239 single family home sold, 236 home listed for sale and 70 under contract in Sarasota FL Real Estate Market Reports – December 2011.

 

Compare to last month, sold listing decreased 5.15% pending listing decreased 26.32% and new listing increased 3.96%

 

                                               October        November      December

The average sold price          $ 257,125       $  243,867       $254,163

The lowest sold price              12,000       $    20,000       $  23,500

                                                   

The highest sold price           $2,750,000     $2,675,000     $2,275.000

The average day on market    120                   121              136

The average listing price       $   524,967    $  633,431      $465,177

The lowest listing price         $       5,000    $    51,900      $  14,900  

The highest listing price       $13,450,000   $8,990,000     $4,950,000

The longest day on market    1,212                2183             1605

 

 Highest sold price property =  waterfront home on Roberts Bay’s with  6 bedroom 3 ½  bathroom  3 car garage  5021SF heated area, 7401SF total building area, built in 1974. Boat dock and lift davits.

 

                  house

 

Lowest sold price property =Wood frame house with 2 bedroom 2 bathroom 912SF heated area 932SF total building area.  Home built in 1926. Bank owned.

                         house

 

                                             Dec.2009           Dec. 2010          Dec. 2011

The average sold price       $   294,786         $  282,838          $  254,163

The lowest sold price         $     27,000         $      8,000          $    23,500

The highest sold price        $2,225,000         $2,900,000         $2,275,000

Number of unit sold               271                    266                    239

The shortest day on market     0                         0                         0

 

 Related Posts:

 

Sarasota FL Real Estate Market Reports – November 2011
Sarasota FL Real Estate Market Reports – October 2011

Sarasota FL Real Estate Market Reports – September 2011

Sarasota FL Real Estate Market Reports – August 2011 

Sarasota FL Real Estate Market Reports – July 2011

Sarasota FL Real Estate Market Reports - June 2011

Sarasota FL Real Estate Market Reports - May 2011


 

MFRMLS, Inc. Information deemed reliable but not guaranteed. Parties are advised to verify. 

  

Sarasota FL Real Estate Market Reports – December 2011

 

Buying or selling your home in Sarasota and the surrounding area, contact Sarasota REALTOR® Kwee can assist you every step of the way, while keeping your best interests at heart.

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Kwee-Huset

Kwee Huset

Kwee Huset Realty - Venice Florida Real Estate

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Cathy Criado
Criado Realty - San Antonio, TX
Making Real Estate Profitable

Kwee, very interesting. I wonder if the $8K house was even liveable. I am assumig it was a tear down. Great, fun information. I'll have to do that soon.

 

Jan 05, 2012 11:52 AM
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Cathy, the $8K house is the one mentioned above with picture( lowest sold price property) the bank just wanted to get rid of it.

Jan 05, 2012 12:48 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Kwee, great market report for Sarasota, and love the tree lined entry at the highest price listing!

Jan 05, 2012 03:10 PM
Steve, Joel & Steve A. Chain
Chain Real Estate Investments & Mortgage, Steve & Joel Chain - Cottonwood, CA

Kwee,

Your knowledge of Sarasota FL's real estate is cutting edge. Good speed with your sales. SC

Jan 06, 2012 01:49 AM
Debbie Walsh
SHAHAR Management - Middletown, NY
Hudson Valley NY Real Estate 845.283-3036

Definitely an interesting report - sales are down from other years but there are still quite a few sales happening which is good news.

Jan 06, 2012 05:03 AM
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Joan, trees and landscaping will add value to the property.

Jan 06, 2012 03:14 PM
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Steve  & Joel, thanks I have a good start 2contract this week and waiting for answer on a submitted offer.

Jan 06, 2012 03:18 PM
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Debbie, number of unit sold  compare to 2010 it was 10.15% decrease in 2011.  

Jan 06, 2012 03:21 PM