2013 Year In Review Palmer Ranch Sarasota Florida 34238

By
Real Estate Agent with Coldwell Banker Residential Brokerage

2013 Year In Review Palmer Ranch Sarasota Florida 34238

There have been local market shifts on Palmer Ranch in Sarasota Florida from 2012 to 2013. Real estate trends are dynamic and market shifts occur each year-to-year as buyers and sellers enter and exit the market. It is not uncommon to find that a subdivision popular last year with buyers is now passed over in favor of different subdivision this year. When supply is limited prices will climb and buyers will have to compete. If prices increase too much they could exceed buyers' tolerances and they may look elsewhere for their next home. When supply exceeds demand prices often fall and sellers will have to complete. If prices decrease too much seller may not want to or be able to sell. As you review the information below, you may find some surprises about Palmer Ranch in Sarasota Florida or you may simply confirm what you already knew or assumed.

Palmer Ranch subdivisions include: Arielle, Bella Villino, Botanica, Deer Creek, Hamptons, Huntington Pointe, Isles Of Sarasota, Marbella, Mira Lago, Palisades, Palmer Club, Palmer Square, Pinestone, Plaza de Flores, Prestancia, Serenade, Silver Oak, Stonebridge, Stoneybrook at Palmer Ranch, Stoneybrook Golf and Country Club, Turtle Rock, Village Walk, Vintage Grand, and Wellington Chase.

Palmer Ranch Entrance Monument At Mcintosh Road and Tamiami Trail Sarasota Florida

For the last three years in a row in Sarasota Florida the number of active listings has been declining, the average price has been increasing, and the days of market has shortened. However, real estate can have local differences despite the overall general trends.

Average Sales Price

Of the 24 subdivisions in Palmer Ranch all but four saw increases in average sales price from 2012 to 2013, many with double digit increases in value. The subdivision that increased the greatest in average sales price year-over-year was Stroneybrook at Palmer Ranch with an 42.09% increase in value.  The subdivision that decreased the most in average sales price for the same period was Palmer Club with an 18.44% decline in value.

Average Sales Price 2013 Palmer Ranch Sarasota Florida 34238

Average Sales Price Ratio

Of the 24 subdivisions in Palmer Ranch all but six saw increases in average sales price ratio (the difference between asking price and sales price) from 2012 to 2013. The subdivision that increased the greatest in average sales price ratio year-over-year was Marbella with an 5.98% improvement.  The subdivision that decreased the most in average sales price ratio for the same period was Stonebridge with an 3.47% decline in value.

Average Sales Price Ratio 2013 Palmer Ranch Sarasota Florida 34238

Average Price Per Square Foot

Of the 24 subdivisions in Palmer Ranch all but seven saw increases in average sales price per square foot from 2012 to 2013. The subdivision that increased the greatest in average price per square foot year-over-year was Palmer Square with an 20.95% increase in value.  The subdivision that decreased the most in average sales price per square foot for the same period was Plaza de Flores with an 14.93% decline in value.

Average Sales Price Per Square Foot 2013 Palmer Ranch Sarasota Florida 34238

Average Days On Market

Of the 24 subdivisions in Palmer Ranch all but six saw decreases in average days on market from 2012 to 2013. The subdivision that decreased the greatest in days on market year-over-year was the Hamptons with an 80.06% decline in market time.  The subdivision that increased the most in days on market for the same period was Serenade with a 221.74% increase in market time.

Average Days On Market 2013 Palmer Ranch Sarasota Florida 34238

For more information on Palmer Ranch subdivisions and neighborhoods, including 90 day market reports, detailed 2013 year in review by subdivision, homes for sale by neighborhood, and much more, please visit Homes For Sale Palmer Ranch Sarasota Florida.

Real Estate Market Trends In The 34238 Zip Code

Palmer Ranch homes can be found in the 34238 zip code in Sarasota Florida. The gauges below reflect current market conditions in the 34238 zip code. Because the gauges are updated automatically. 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 Homes for Sale on Palmer Ranch in Sarasota Florida

Buyers can still find an excellent selection of homes for sale on Palmer Ranch in Sarasota Florida. While it is true that some homes on Palmer Ranch are often quite expensive, there is still an excellent selection of homes, villas, townhomes and condos for sale at modest prices. Do you need help buying or selling a home on Palmer Ranch? If so, email me or call me at 941-870-4141. Are you wondering what your Palmer Ranch home is worth? Request a real estate market no obligation market analysis. Just looking? Then visit any searches below.

Homes For Sale Palmer Ranch Sarasota Florida 34238
 
Villas For Sale Palmer Ranch Sarasota Florida 34238
 
Condos For Sale Palmer Ranch Sarasota Florida 34238
 

NOTE: Statistics were compiled in January and February of 2014 and were obtained from the Mid-Florida Regional Multiple Listing Service (or "MFRMLS" or just "MLS"). While MLS data is believed to be accurate, it cannot be guaranteed. There may have also been other transactions (for example, for sale by owner, non-arms length transactions, or other exchanges) that were not reported in the MLS and therefore are omitted for inclusion in these reports.

2013 Year In Review Palmer Ranch Sarasota Florida 34238

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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