Lido Key Condos For Sale Market Update 2013 11

By
Real Estate Agent with Coldwell Banker Residential Brokerage

Lido Key Condos For Sale in Sarasota Florida 34242

There are 58 Lido Key condos for sale in Sarasota Florida on November 1, 2013. The average list price is $1,828,391 (but the median list price is $799,500), the minimum list price is $174,900 and the maximum list price is $7,900,000. The average list price per square foot is $608 (but the median list price per square foot is $550) , the minimum list price is $267 per square foot and the maximum list price is $1,129 per square foot. These condos have been on the market an average of 214 days.

There are 5 Lido Key condos pending sale for the same period. The average list price is $1,157,980, the minimum list price is $249,999, and the maximum list price is $3,999,999. The average list price per square foot is $731, the minimum list price is $207 per square foot and the maximum list price is $2,295 per square foot. These condos were on the market an average of 334 days with the shortest market time of 4 days and the longest market time of 987 days.

Lido Key Condos For Sale

There have been 16 condominiums sold on Lido Key in the last 90 days. The average list price for condominiums sold during this period was $852,681, the minimum list price was $229,000, and the maximum list price was $2,225,000. The average sold price was $809,000, the minimum sold price was $215,000 and the maximum sold price was $1,975,000. The average sold price per square foot was $447, the minimum sold price was $262 per square foot and the maximum sold price was $742 per square foot. The average list price to sold price ratio was 94.88%. The average days on market was 278 with the shortest market time of 56 days and the longest market time of 1,234 days.

Lido Key Condos For Sale

With 5.3 condominiums selling on average per month on Lido Key over the last three months, there are 10.9 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.

Lido Key Condos For Sale

Real Estate Market Trends In The 34236 Zip Code

Lido Key condos for sale can be found in the 34236 zip code in Sarasota Florida. The gauges below reflect current market conditions in the 34236 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 Lido Key Condos For Sale in Sarasota Florida

Buyers can find excellent Lido Key condominiums for sale on the Gulf of Mexico or with skyline view of downtown Sarasota. While it is true that condominiums on Lido Key are often expensive, there is an excellent selection of condos where the owners will enjoy Gulf-to-Bay communities with access to Lido Beach. Lido 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 Lido Key residence? If so, email me or call me at 941-870-4141. Are you wondering what your Lido Key condominium is worth? Request a no-obligation real estate market analysis. Just looking? Then visit Lido 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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Rainmaker
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Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Stephen,

Great to talk with you the other day. Glad I did so now I know you are working in the Sarasota real estate market! My uncle lived in Sarasota for a number of years back in the 80's and 90's and loved the area.

Nov 01, 2013 05:15 PM #1
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Rainmaker
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Annapolis MD Homes For Sale 443-994-8043
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