Sarasota FL Real Estate Market Report February 2013
In February 2013 there were 210 total single family homes listed for sale. 12 were bank owned, 6 short sale, and 192 regular resale.
Bank Owned Market Report - To search bank owned properties in Sarasota FL
12 new listings in February 2013, the average listing price was $276,383. Currently there are 85 pending with an average listing price of $132,369. The average days on market were 59. The number of units sold was 38; the average price sold $122,637 with the sold price to list price ratio 104%.
Compared to February 2012 the average sold price went down 6.68 % from $131,424 to $122,637 in 2013.
Short Sale Market Report – Sarasota FLshort sale buyer search here
6 new listings in February 2013, the average listing price was $121,550. Currently there are 337 pending with an average listing price of $190,034. The average days on market were 117. The number of units sold was 40; the average price sold $234,002 with the sold price to list price ratio 100%.
Compared to February 2012 the average sold price went up 29.15 % from $181,177 to $234,002 in 2013.
Regular Resale Market Report- To search homes for sale in Sarasota FL
192 new listings in February 2013, the average listing price was $941,061. Currently there are 347 pending with an average listing price of $419,157. The average days on market were 73. The number of units sold was 178; the average price sold $400,436 with the sold price to list price ratio 95%.
Compared to February 2012 the average sold price went up 7.74 % from $371,638 to $400,436 in 2013.
Price depends on the location, size of land, amenities of community, pool & condition of the property (handyman, move in condition, kind of floor, updated kitchen/bathroom, air conditioner, type and age of roof, etc.)
Based on information from the My Florida Regional Multiple Listing Service, Inc. for the period mentioned above as on March 19, 2013. This information may properties of one or more members of the My Florida Regional Multiple Listing Service or may not include all listed, expired, withdrawn, pending or sold.
MFRMLS, Inc. information deemed reliable but not guaranteed. Parties are advised to verify.
Ifyou need more information of the Sarasota FL Real Estate Market Report February 2013, or any specific community please call or text me at 941-716-3090. I will be glad to help.
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