Homes For Sale Beach Road Sarasota Florida 34242 Market Update 2013 11
There are 19 condos, villas, townhomes and single family homes for sale on Beach Road on Siesta Key in Sarasota Florida on November 24, 2013. The average list price is $1,571,716, the minimum list price is $329,900 and the maximum list price is $5,950,000. The average list price per square foot is $680, the minimum list price is $366 per square foot and the maximum list price is $2,775 per square foot. These homes have been on the market an average of 275 days.
There are 2 condos, villas, townhomes and single family homes pending sale for the same period. The average list price is $824,500, the minimum list price is $449,000, and the maximum list price is $1,200,000. The average list price per square foot is $361, the minimum list price is $305 per square foot and the maximum list price is $417 per square foot. These homes were on the market an average of 135.
There have been 7 condos, villas, townhomes and single family homes sold on Beach Road in the last 90 days. The average list price for homes sold during this period was $472,429, the minimum list price was $275,000, and the maximum list price was $699,000. The average sold price was $446,214, the minimum sold price was $253,000 and the maximum sold price was $668,000. The average sold price per square foot was $436, the minimum sold price was $363 per square foot and the maximum sold price was $555 per square foot. The average list price to sold price ratio was 94.45%. The average days on market was 108.
With slightly more than 2 homes selling in each of the last three months on Beach Road on Siesta Key, there is 8.26 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 buyers are slightly favored over sellers along Beach Road.
Real Estate Market Trends In The 34242 Zip Code
Siesta Key homes for sale on Beach Road 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.
About Beach Road
Beach Road starts at the Northwest end of Siesta Key. Beach Road then runs Southeast parallel to the Siesta Key Beach to where it intersects with Midnight Pass Road, just beyond Siesta Public Beach. The most Northern end of Beach Road is closed to traffic where the beach and shoulder to the road can no longer be distinguished. Beach Road is only a short distance from Siesta Key Village where you can find dining and nightlife after your day at the beach.
Find Beach Road Homes For Sale In Sarasota Florida
Buyers can find excellent ranges of condos, villas, townhomes, and single family homes for sale on Beach Road. Many properties for sale have waterviews and direct access to the world class beach at Siesta Key. While it is true that some Beach Road homes on Siesta Key are very expensive, there is an excellent selection of properties for sale where the owners can enjoy walking right out to the beach at the edge of the Gulf of Mexico. Siesta Key is part of Sarasota, a city of glorified opportunity where residents and visitors enjoy golfing, swimming, boating, fishing, shooting, baseball, tennis, and more 365 days in the year.
Do you need help buying or selling a Beach Road residence? If so, email me or call me at 941-870-4141. Are you wondering what your Beach Road is worth? Request a no-obligation real estate market analysis. Just looking? Then visit Homes For Sale Beach Road Sarasota Florida 34242.