Peppertree Bay Condos For Sale West Of The Trail Sarasota Florida
There are 11 condos for sale in Peppertree Bay in Sarasota Florida on October 29, 2013. The average list price is $453,591, the minimum list price is $349,000 and the maximum list price is $625,000. The average list price per square foot is $379, the minimum list price is $284 per square foot and the maximum list price is $458 per square foot. The average days on market was 122, the shortest days on market was 4, and the longest days on market was 510.
There are 2 condos pending sale in Peppertree Bay for the same period. The average list price is $439,750, the minimum list price is $330,500, and the maximum list price is $549,000. The average list price per square foot is $379, the minimum list price is $299 per square foot and the maximum list price is $458 per square foot. These condos were on the market an average of 15 days with the shortest market time of 13 days and the longest market time of 17 days.
There has been 1 condo sold in the last 6 month in the Peppertree Bay. The list price for the was $539,000. The sold price was $480,000. The sold price per square foot was $407. The list price to sold price ratio was 89.05% The days on market was 91.
With 1 condo in Peppertree Bay selling in the last six months, there is substantial excess inventory of condos for sale in the Peppertree Bay. 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 34242 Zip Code
Peppertree Bay condos for sale West of the Trail can be found in the 34242 zip code in Sarasota Florida. The gauges below reflect current market conditions in the 34242 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 Peppertree Bay Condos For Sale West Of The Trail Sarasota Florida
Buyers can find excellent Peppertree Bay condos for sale where the Intracoastal waterway meets the Gulf. While it is true that some Peppertree Bay are often very expensive, there is an excellent selection of condos where the owners will enjoy a maintenance-free Gulf-to-Bay complex with access to Siesta Beach as well as all the other amazing amenities including two pools, two clubhouses, fitness center, tennis courts, BBQ area, and fishing pier. The is a well maintained property with night security, on-site management, and a rental program (one month rental minimum). This is the perfect Siesta Key location close to Sarasota's many cultural venues, restaurants, shopping, and marinas.
Do you need help buying or selling a Peppertree Bay residence? If so, email me or call me at 941-870-4141. Are you wondering what your Peppertree Bay condominium is worth? Request a no-obligation real estate market analysis. Just looking? Then visit Peppertree Bay Condos For Sale West Of The Trail Sarasota Florida.