Condos For Sale Botanica Palmer Ranch Sarasota Florida
There are 3 condos for sale in Botanica on Palmer Ranch as of December 23, 2013. The average list price is $311,600, the minimum list price is $265,000 and the maximum list price is $339,900. The average list price per square foot is $174, the minimum list price is $149 per square foot and the maximum list price is $189 per square foot. These homes have been on the market an average of 123 days.
There is 1 condo pending sale in Botanica for the same period. The list price is $299,000. The list price per square foot is $184. This home was on the market for 22 days.
There have been 2 condos sold in the last 90 days in Botanica. The average list price for the condos sold during this period was $349,450, the minimum list price was $279,900, and the maximum list price was $419,000. The average sold price was $325,000, the minimum sold price was $270,000 and the maximum sold price was $380,000. The average sold price per square foot was $152, the minimum sold price was $137 per square foot and the maximum sold price was $166 per square foot. The average list price to sold price ratio was 93.00%. The average days on market was 133.
With 2 condos selling in the last three months, or 0.67 homes per month, with 3 condos currently on the market there are 4.5 months inventory of condos for sale in Botanica. 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 market conditions in Botanica favors sellers over buyers.
You can find a community profile for Botanica on my website with links to condos for sale and more information. You will also find more information about this community. You will also find links to charts that track four leading real estate market indicators including pending sales, average sales price, average days on market, and average sold price to original list price. Real estate information like this can help you make the market trends your friends so that you never overpay for your next home or offer too little and miss an opportunity.
Real Estate Market Trends In The 34238 Zip Code
The gauges below reflect current market conditions in the 34238 zip code in Sarasota Florida. 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 Condos for Sale in Botanica on Palmer Ranch in Sarasota Florida
Buyers can find condos for sale in Botanica at excellent prices. While it is true that some condos in this community are expensive, there is an excellent selection of condos for sale in a wide range of prices. Do you need help buying or selling a condo in Botanica? If so, email me or call me at 941-870-4141. Are you wondering what your condo is worth? Request a real estate market no obligation market analysis. Just looking? Then visit condos for sale Botanica.
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