Siesta Key Condos For Sale Market Update 2013 11

By
Real Estate Agent with Coldwell Banker Residential Brokerage

Siesta Key Condos For Sale in Sarasota Florida 34242

There are 169 Siesta Key condos for sale in Sarasota Florida on November 1, 2013. The average list price is $619,062, the minimum list price is $99,000 and the maximum list price is $2,499,000. The average list price per square foot is $423, the minimum list price is $48 per square foot and the maximum list price is $1,145 per square foot. These condos have been on the market an average of 209 days.

There are 31 Siesta Key condos pending sale for the same period. The average list price is $526,652, the minimum list price is $119,000, and the maximum list price is $2,479,000. The average list price per square foot is $384, the minimum list price is $58 per square foot and the maximum list price is $1,062 per square foot. These condos were on the market an average of 105 days with the shortest market time of 0 days and the longest market time of 537 days.

Siesta Key Condos For Sale

There have been 64 condominiums sold on Siesta Key in the last 90 days. The average list price for condominiums sold during this period was $459,572, the minimum list price was $75,000, and the maximum list price was $1,790,000. The average sold price was $433,155, the minimum sold price was $65,000 and the maximum sold price was $1,600,000. The average sold price per square foot was $352, the minimum sold price was $36 per square foot and the maximum sold price was $600 per square foot. The average list price to sold price ratio was 94.25%. The average days on market was 161.

Siesta Key Condos For Sale

With 21.3 condominiums selling on average per month on Siesta Key over the last three months, there are 7.93 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.

Siesta Key Condos For Sale

Real Estate Market Trends In The 34242 Zip Code

Siesta Key condos for sale 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 Siesta Key Condos For Sale in Sarasota Florida

Buyers can find excellent Siesta Key condominiums for sale facing the Gulf of Mexico or with Intracoastal waterway and downtown Sarasota skyline views. While it is true that some condominiums on Siesta Key are very expensive, there is an excellent selection of condos where the owners will enjoy Gulf-to-Bay communities with access to Siesta Beach. Siesta 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 Siesta Key residence? If so, email me or call me at 941-870-4141. Are you wondering what your Siesta Key condominium is worth? Request a no-obligation real estate market analysis. Just looking? Then visit Siesta Key Condos For Sale.

Posted by

Stephen Howell, Sales Associate, Coldwell Banker Residential Brokerage, Annapolis, MarylandIf you are interested in buying a home in Annapolis, Maryland or the surrounding area and want to tour any property currently on the market, or if you have a home to sell in Annapolis, Maryland and want a professional consultation on current market conditions, please contact Stephen Howell at 443-994-8043 or e-mail him at showell@liveinannapolis.com or visit his website at LiveInAnnapolis.com.

Stephen Howell came to Annapolis to enjoy the Chesapeake bay in 1994. What he discovered was a whole new lifestyle. Ever since Stephen Howell has been successfully helping others make the most of Annapolis, Maryland. You'll find that with the right professional by your side, you can Live the lifestyle and live, work and play in Annapolis Maryland.

Stephen Howell and Jackson (his hound-mix from the HSSC) maintains residences on the Chesapeake Bay in Annapolis, Maryland and Gulf Coast in Sarasota, Florida. He works in the Annapolis, Maryland real estate market. His website lets people search the Annapolis Maryland area MLS. Buyers can also search for waterfront homes along the Cheasapeake Bay. His website has current real estate data on Annapolis, Maryland.

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