Sarasota Waterfront Homes For Sale
There are 242 waterfront homes for sale in Sarasota Florida on November 2, 2013. The average list price is $2,406,598, the minimum list price is $238,000 and the maximum list price is $14,900,000. The average list price per square foot is $527, the minimum list price is $90 per square foot and the maximum list price is $2,775 per square foot. These waterfront homes have been on the market an average of 185 days.
There are 51 waterfront homes pending sale for the same period. The average list price is $1,270,272, the minimum list price is $239,000, and the maximum list price is $7,900,000. The average list price per square foot is $356, the minimum list price is $82 per square foot and the maximum list price is $2,295 per square foot. These waterfront homes were on the market an average of 127 days with the shortest market time of 0 days and the longest market time of 987 days.
There have been 119 waterfront homes sold in Sarasota Florida in the last 90 days. The average list price for waterfront homes sold during this period was $724,960, the minimum list price was $49,900, and the maximum list price was $3,750,000. The average sold price was $675,717, the minimum sold price was $42,500 and the maximum sold price was $2,800,000. The average sold price per square foot was $232, the minimum sold price was $48 per square foot and the maximum sold price was $1,049 per square foot. The average list price to sold price ratio was 93.21%. The average days on market was 152 with the shortest market time of 1 days and the longest market time of 1,300 days.
With 39.7 waterfront homes selling on average per month in Sarasota Florida over the last three months, there are 6.1 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 Sarasota Florida
Sarasota waterfront homes for sale can be found in all around town. The gauges below reflect current market conditions in the Sarasota. 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 Waterfront Homes For Sale in Sarasota Florida
Buyers can find excellent waterfront homes for sale on the Gulf of Mexico, Sarasota Bay, or the Intracoastal Waterway. While it is true that many waterfront homes in Sarasota are expensive, there is an excellent selection of waterfront homes where the owners can enjoy Gulf, Bay and Intracoastal waterfront communities. Sarasota is perfect waterfront location with many marina, cultural venues, restaurants, and shopping.
Do you need help buying or selling a waterfront residence? If so, email me or call me at 941-870-4141. Are you wondering what your Sarasota waterfront home is worth? Request a no-obligation real estate market analysis. Just looking? Then visit Sarasota Waterfront Homes For Sale.
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