Sarasota FL Million Dollar Listing Market News – September 2013

By
Real Estate Agent with Kwee Huset Realty
https://activerain.com/droplet/45ps

 

Sarasota FL Million Dollar Listing Market News – September 2013 

Want to know how the million dollars real estate market is doing in Sarasota FL? Continue reading the September 2013 Market news provided by Kwee Huset of Kwee Huset Realty and find out the details. 

 

Search million dollar listings in Sarasota FL here

 

million dollar listing in sarasota fl

 

There were 35 million dollar homes listed for sale in the month of September 2013.  8 properties went under contract/pending and a total of 11 properties were sold.

 

         sarasota fl million dollar listing september 2013

 

 

Active - listed in September 2013

 

Total properties listed for sale = 35
The highest price listed $8,995,000 = $1,569.64 per square foot
The lowest price listed $1,029,000 = $204.15 per square foot
The average price listed $2,197,748 = $581.73 per square foot
The median price listed $1,500,000 = $505.05 per square foot

 

Pending – in September 2013

 

Total properties pending = 8
The highest price pending $3,999,999 = $2,294.89 per square foot
The lowest price pending $1,009,797 = $330.76 per square foot
The average price pending $1,863,100 = $734.17 per square foot
The median price pending $1,450,000 = $519.83 per square foot

 

Sold – in September 2013

 

Total properties sold = 11
The highest price sold $2,800,000 = $606.23 per square foot
The lowest price sold $1,087,750 = $286.33 per square foot
The average price sold $1,606,977 = $432.08 per square foot
The median price sold $1,500,000 = $415.65 per square foot
The longest days on market = 1,169
The shortest days on market = 0
The average days on market = 251
The median days on market = 102
The highest sold price to list price ratio = 100%
The lowest sold price to list price ratio = 75%
The average sold price to list price ratio = 91%
The median sold price to list price ration = 92%

 

The following are the price trend charts for the last 3 years from January 1 to September 30 for your comparisons.

 

Million dollar average home prices in September 2013 was $1,606,977 it went down 14.71% compared with $1,884,342 in September 2012. However when compared with the home prices in September 2011 of $1,548,182 it went up 3.79% in September 2013. 


Million Dollar Listings Price Trend Chart 2013
for the period from 1/1/13 – 9/30/2013 with average price by month

 million dollar listings price trend chart 2013

 

Million Dollar Listings Price Trend Chart 2012
for the period from 1/1/12 – 9/30/2012 with average price by month

  million dollar listingsw price trend chart 2012

 

Million Dollar Listings Price Trend Chart 2011
for the period from 1/1/11 – 9/30/2011 with average price by month

 million dollar listings price trend chart 2011

 

 

Search million dollar listings in Sarasota FL here

 

Also remember that the 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 October 12, 2013. This information may or may not include all listed expired, withdrawn, pending or sold properties of one or more members of the My Florida Regional Multiple Listing Service.
MFRMLS, Inc Information deemed reliable but not guaranteed. Parties are advised to verify
.

 

Sarasota FL Million Dollar Listing Market News – September 2013

 

When you are buying or selling start by working with a real estate professional who will keep your best interests at heart! I will be there for you throughout the entire process!

 

 

 

Posted by

 

Kwee-Huset

Kwee Huset

Kwee Huset Realty - Venice Florida Real Estate

Broker/owner, REALTOR®,  CIPS, AHWD, ESRES, TRC  

Call today at 941-716-3090 for results.

info@kweehuset.com   

 

Are you looking to Buy or Sell a Home in the Venice, FL or the surrounding area?  

 

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All content in this website, including text and photographs, are the exclusive properties of Kwee Huset, and may not be used without expressed written permission

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Ambassador
2,348,319
Fred Griffin, on leave of absence from ActiveRain
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Very impressive market report, Kwee!   I like those graphs.

Oct 12, 2013 11:47 AM #1
Rainmaker
926,422
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Thanks Fred. The price trend charts were taken from the MLS.

Oct 12, 2013 11:54 AM #2
Rainmaker
1,607,549
Charles Stallions Real Estate Services
Charles Stallions Real Estate Services Inc - Gulf Breeze, FL
Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.

Great report and hopefully the folks will get the point, that is a lot of million dollar homes for sure

Oct 12, 2013 01:41 PM #3
Rainmaker
648,329
Christine OShea
Christine E O'Shea Real Estate Broker - Naples, FL

Kwee, Wish I had a million dollar referral in Saratota for you!

Oct 12, 2013 02:01 PM #4
Ambassador
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I think this is the first time I've seen a market report for million dollar homes. I think this is a great idea. I enjoyed hearing there is a market for million dollar homes in your area.

Oct 12, 2013 04:04 PM #5
Rainmaker
1,982,441
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Kwee,

I didn't know Sarasota had million dollar properties. I hope you get to sell them!!!

I'm cheering for you!!!

Oct 12, 2013 09:59 PM #6
Rainmaker
4,796,627
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks, Kwee.  Looks like there'sgood activity for those looking in the million dollar plus price range in the Sarasota area.

Oct 12, 2013 10:48 PM #7
Rainmaker
3,143,659
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

The million dollar real estate market is brisk and buyers are out and about. Good news for Sarasota luxury sales!

Oct 12, 2013 10:56 PM #8
Rainmaker
1,179,529
Adrian Willanger
206 909-7536 AdrianWillanger-broker.com - Seattle, WA
Profit from my two decades of experience

Kwee,

These charts are very good, and they show why its extremely important to hire someone who understands them and how to price property, that's why your the luxury home expert in Sararsota, Fl.

Oct 13, 2013 01:15 AM #9
Rainmaker
637,272
Maria Morton
Chartwell Kansas City Realty - Kansas City, MO
Kansas City Real Estate 816-560-3758

Excellent market report on million dollar home sales in Sarasota, FL, Kwee. 

Oct 13, 2013 02:06 AM #10
Rainmaker
1,470,311
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

Nice report and graphics to make it easy to understand.  Million dollar listings are great to have and even better to get them sold!

Oct 13, 2013 05:36 AM #11
Rainmaker
657,481
Lauren Selinsky Broker CRS
California Coastal Estates - Aliso Viejo, CA
"Your Real Estate Broker" #oclauren

That's pretty good~

Oct 13, 2013 08:20 AM #12
Rainmaker
926,422
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Thank you all for your comments and support. All the cities in Sarasota County except City of North Port do not have any  listings that are over million dollar. Most of the high end  properties are along the coast, in luxury golf and country club communities or equestrian ranches. At present in Sarasota County the highest price home listed for $14,900,000.00

Oct 13, 2013 09:58 AM #13
Ambassador
3,982,263
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Kwee, It is so interesting to see how million dollar homes sell. There seems to be a good amount of activity in this price range. Have a good week.

Oct 13, 2013 12:13 PM #14
Ambassador
1,470,625
Toni Weidman
Sailwinds Realty - Trinity, FL
26 Years Selling Homes in New Port Richey, FL

Kwee - you did a great job on presenting these million dollar numbers. It's great to see there are many there.

Oct 14, 2013 12:00 AM #15
Rainmaker
520,155
Lisa Friedman
Great American Dream Realty - Essex, VT
29 Years of Real Estate Experience!

Kwee, what an extensive and professional market report for Sarasota properties. Love your lead photo!

Oct 14, 2013 03:02 PM #16
Rainmaker
4,042,231
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Kwee, the luxury market is doing very well in Sarasota, and you have done an excellent job with the data!  

Oct 14, 2013 11:40 PM #17
Rainmaker
5,313,719
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I hope you are selling more than your share of million dollar homes.

So many Maryland families are moving to Florida that the state is seriously worried about the transfer of wealth.

Oct 15, 2013 01:30 AM #18
Ambassador
1,984,064
Michelle Carr Crowe,Altas Just Call...408-252-8900!
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

That's a great eye-catching title, Kwee: Sarasota FL Million Dollar Listing Market News!

Oct 15, 2013 11:28 AM #19
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