Sarasota FL, Short sale Real Estate Market Report – November 2013

By
Real Estate Agent with Kwee Huset Realty
https://activerain.com/droplet/48qm

Sarasota FL, Short sale Real Estate Market Report – November 2013

 

Winter is here in Sarasota FL. The cool weather helps the short sale real estate listings move out of the market. The October and November 2013 market report below is self- explanatory.

 

Search short sale homes for sale in Sarasota FL

 

 

Short Sale Real Estate Market Report         October 2013              November 2013

Single family homes new listings                    48                                   38

Condos new listings                                           10                                    9

Villas new listings                                              1                                      4

Single family homes under contract             40                                   45

Condos under contract                                     7                                      14

Villas under contract                                         0                                      2

Single family homes sold                                  28                                   43

Condos sold                                                          9                                     10

Villas sold                                                             1                                      3                

 

Short Sale Single Family Home Market Report   - search short sale homes in Sarasota FL

 

The median sold price   in October 2013 was $130,000. Compared to October 2012 it went up 0.38% from $129,500

The median days on market was 29; down from 66 in 2012

The median sold price to list price was 97%; same as 2012

 

The median sold price in November 2013 was $150,000. Compared to November 2012 it went up 25% from $120,000

The median days on market was 23; up from 20 in 2012

The median sold price to list price was 99%; up from 96% in 2012

 

Short Sale Condo Market report   - search short sale condos in Sarasota FL

 

 

 

The median sold price   in October 2013 was $92,000. Compared to October 2012, it went up 0.38% from $80,000

The median days on market was 28; down from 44 in 2012

The median sold price to list price was 99%; down from 100% in 2012

 

The median sold price in November 2013 was $75,000. Compared to November 2012 it went down 27.88% from $104,000

The median days on market was 70; down from 111 in 2012

The median sold price to list price was 100%; up from 96% in 2012

 

Short Sale Villa Market report   - search short sale villa in Sarasota FL

 

 

 

The median sold price   in October 2013 was $105,000. Compared to October 2012, it went up 4.47% from $100,500.

The median days on market was 154; up from 64 in 2012

The median sold price to list price was 105%; up from 95% in 2012

 

No villa was sold in November 2013

The median sold price in November 2012 was $65,000

The median days on market was 93 in 2012

The median sold price to list price was 100% in 2012

 

Based on information from the My Florida Regional Multiple Listing Service, Inc.   for the period as mentioned above as of November 21, 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

 

If you are looking for a Sarasota REALTOR® who will be there every step in your Sarasota home search, call me at 941-716-3090

 

 

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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Rainmaker
526,508
Lisa Friedman
Great American Dream Realty - Essex, VT
30 Years of Real Estate Experience!

Kwee, I am impressed.  The Sarasota market really seems to be doing quite well with many more home sales in November over the month of October.

Dec 21, 2013 10:49 AM #1
Rainmaker
1,044,165
Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

this is an excellent market report you are sharing with your local buyers and sellers!

Dec 21, 2013 10:55 AM #2
Rainmaker
944,609
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Hi Lisa, short sale real estate market condition  in Sarasota is improving.

Dec 21, 2013 11:02 AM #3
Rainmaker
944,609
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Thanks Mark for your kind word.

Dec 21, 2013 11:02 AM #4
Ambassador
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO
Nice market report, Kwee. This is great information for both buyers and sellers.
Dec 21, 2013 11:40 AM #5
Rainmaker
1,570,791
David Saks
(retired) - Memphis, TN

Great information, Kwee. Thanks for sharing. Have a fine week ahead.

Dec 21, 2013 04:14 PM #6
Rainmaker
4,798,170
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for the Sarasota short sale report, Kwee.  Looks like a very active November market.

Dec 21, 2013 09:28 PM #7
Rainmaker
1,182,245
Adrian Willanger
206 909-7536 AdrianWillanger-broker.com - Seattle, WA
Profit from my two decades of experience

Kwee, good short sale report Sarasota's, buyers or sellers looking for short-sale guidance in Sarasota need to contact Kwee Huset for updated market insights. 

Dec 22, 2013 01:45 AM #8
Rainmaker
4,236,558
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Kwee, great short sale market report for Sarasota, and know you are the expert to contact when a Seller needs to do a short sale.

Dec 22, 2013 10:46 AM #9
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

This is packed full of good information for buyers and sellers in the Sarasota area. Have a wonderful Christmas Kwee.

Dec 23, 2013 07:29 AM #10
Rainmaker
4,236,558
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Kwee, great update for the Sarasota market and finding short sale could potentially give a buyer some sweat equity.

Jul 17, 2014 10:22 PM #11
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