Lido Key Condos For Sale in Sarasota Florida 34242
There are 58 Lido Key condos for sale in Sarasota Florida on November 1, 2013. The average list price is $1,828,391 (but the median list price is $799,500), the minimum list price is $174,900 and the maximum list price is $7,900,000. The average list price per square foot is $608 (but the median list price per square foot is $550) , the minimum list price is $267 per square foot and the maximum list price is $1,129 per square foot. These condos have been on the market an average of 214 days.
There are 5 Lido Key condos pending sale for the same period. The average list price is $1,157,980, the minimum list price is $249,999, and the maximum list price is $3,999,999. The average list price per square foot is $731, the minimum list price is $207 per square foot and the maximum list price is $2,295 per square foot. These condos were on the market an average of 334 days with the shortest market time of 4 days and the longest market time of 987 days.
There have been 16 condominiums sold on Lido Key in the last 90 days. The average list price for condominiums sold during this period was $852,681, the minimum list price was $229,000, and the maximum list price was $2,225,000. The average sold price was $809,000, the minimum sold price was $215,000 and the maximum sold price was $1,975,000. The average sold price per square foot was $447, the minimum sold price was $262 per square foot and the maximum sold price was $742 per square foot. The average list price to sold price ratio was 94.88%. The average days on market was 278 with the shortest market time of 56 days and the longest market time of 1,234 days.
With 5.3 condominiums selling on average per month on Lido Key over the last three months, there are 10.9 months of inventory. Industry experts suggest that 6 months of inventory is where the market is balanced. More than 6 months, it's a buyer's market and less than 6 months, it's a seller's market.
Real Estate Market Trends In The 34236 Zip Code
Lido Key condos for sale can be found in the 34236 zip code in Sarasota Florida. The gauges below reflect current market conditions in the 34236 zip code. Because the gauges are updated automatically, they may show more current information than the point-in-time information contained in this real estate market report. The needles on the gauges point to this month's metric and the dials start at the five year low and stop at the five year high. Where the dials change color, that marks the average over the five year period.
Find Lido Key Condos For Sale in Sarasota Florida
Buyers can find excellent Lido Key condominiums for sale on the Gulf of Mexico or with skyline view of downtown Sarasota. While it is true that condominiums on Lido Key are often expensive, there is an excellent selection of condos where the owners will enjoy Gulf-to-Bay communities with access to Lido Beach. Lido Key is the perfect beachfront location close to Sarasota's many cultural venues, restaurants, shopping, and marinas.
Do you need help buying or selling a Lido Key residence? If so, email me or call me at 941-870-4141. Are you wondering what your Lido Key condominium is worth? Request a no-obligation real estate market analysis. Just looking? Then visit Lido Key Condos For Sale.
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