Villas For Sale Sarasota Florida 34238 Market Update 2013 12
There are 23 villas for sale in Sarasota Florida in the 34238 on December 3, 2013. The average list price is $276,113, the minimum list price is $149,900 and the maximum list price is $389,000. The average list price per square foot is $159, the minimum list price is $106 per square foot and the maximum list price is $219 per square foot. These villas have been on the market an average of 87 days.
There are 9 villas pending sale for the same period. The average list price is $262,256, the minimum list price is $189,000, and the maximum list price is $399,000. The average list price per square foot is $143, the minimum list price is $111 per square foot and the maximum list price is $193 per square foot. These villas were on the market an average of 35 days.
There have been 25 villas sold in the last 90 days. The average list price for villas sold during this period was $255,956, the minimum list price was $146,000, and the maximum list price was $499,000. The average sold price was $248,292, the minimum sold price was $144,000 and the maximum sold price was $485,000. The average sold price per square foot was $140, the minimum sold price was $91 per square foot and the maximum sold price was $220 per square foot. The average list price to sold price ratio was 97.01%. The average days on market was 29.
With about 7.6 villas selling in each of the last three months in Sarasota Florida in the 34238 zip code, there are 3.03 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. This would suggest that sellers are favored over buyers in real estate market in the 34238 zip code in Sarasota Florida.
Real Estate Market Trends In Sarasota Florida 34238
Villas for sale can be found in all price ranges in 34238 zip code in Sarasota Florida. The gauges below reflect current market conditions in the 34238 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 Villas For Sale In The 34238 Zip Code
Buyers can find an excellent range of villas for sale in the 34238 zip code in Sarasota Florida. Many properties for sale are located in gated neighborhoods that have amazing amenities including golfing, community pools, club houses, fitness centers, tennis courts and more. While it is true that some villas in the 34238 zip code in Sarasota Florida are very expensive, there is an excellent selection of well price villas for sale where the owners can enjoy enjoy golfing, swimming, boating, fishing, shooting, baseball, tennis, and more 365 days in the year.
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