Prestancia Homes For Sale Sarasota Florida Market Update 2014 03

By
Real Estate Agent with Coldwell Banker Residential Brokerage

Prestancia Homes For Sale Sarasota Florida 34238

There are 25 homes for sale in Prestancia in Sarasota Florida on March 17, 2014. The average list price is $644,484, the minimum list price is $149,900 and the maximum list price is $1,450,000. The average list price per square foot is $171, the minimum list price is $96 per square foot and the maximum list price is $249 per square foot. These homes have been on the market an average of 156 days.

There are 3 homes in Prestancia pending sale for the same period. The average list price is $402,967, the minimum list price is $179,000, and the maximum list price is $529,900. The average list price per square foot is $173, the minimum list price is $115 per square foot and the maximum list price is $251 per square foot. These homes were on the market an average of 141 days.

Prestancia Entrance Monument Sarasota Florida

There have been 9 homes sold in Prestancia in the last 90 days. The average list price for homes sold during this period was $576,394, the minimum list price was $265,750, and the maximum list price was $799,000. The average sold price was $525,667, the minimum sold price was $256,000 and the maximum sold price was $780,000. The average sold price per square foot was $160, the minimum sold price was $130 per square foot and the maximum sold price was $213 per square foot. The average list price to sold price ratio was 91.76%. The average days on market was 162.

The Prestancia Home Sales Report

With slightly more than 3 homes selling on average per month in Prestancia over the last three months, there is 8.3 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 market conditions favor buyers over sellers in this community.

Map Of Prestancia Homes For Sale Sarasota Florida 34328

Real Estate Market Trends In The 34238 Zip Code

Prestancia on Palmer Ranch is located in Sarasota Florida in the 34238 zip code. The gauges below reflect current market conditions in the 34238 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 Homes for Sale in Prestancia in Sarasota Florida

Buyers can still find single family homes for sale in Prestancia at favorable prices. While it is true that some homes in this community are often expensive, there is still an excellent selection of homes for sale. Prestancia is the perfect Sarasota location where residents and visitors can enjoy golfing, swimming, boating, fishing, shooting, baseball, tennis, and more 365 days in the year. Do you need help buying or selling a home in Prestancia? If so, email me or call me at 941-870-4141. Are you wondering what your home is worth? Request a real estate market no obligation market analysis. Just looking? Then visit homes for sale Prestancia.

Other Market Reports In The 34238 Zip Code

If you go to Market Reports you will find information on other Palmer Ranch sub-divisions and neighborhoods in the 34238 zip code.

The Palmer Ranch Home Sales Report

NOTE: Statistics calculated as of March 14, 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 this summary.

Prestancia Homes For Sale 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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Rainmaker
331,098
Bruce Swedal
Denver, CO
Denver Real Estate

You definitely know your market and this report touches all the bases. Great presentation! Any buyers or sellers looking for help in this neighborhood should definitely call you.

Mar 17, 2014 11:05 PM #1
Rainmaker
343,918
Stephen Howell
Coldwell Banker Residential Brokerage - Annapolis, MD
Annapolis MD Homes For Sale 443-994-8043

Bruce, thanks for stopping to comment on the Prestancia sub-division and recent sales activity. The Sarasota Florida market is very active. Don't forget to go and download a copy of The Prestancia Homes Sales Report.  It is a compilation of year-to-date and 2013 sales activity. Let me know what you think!

Mar 17, 2014 11:36 PM #2
Rainer
346,323
Karen Johnson, Realtor, ABR
Addison Wolfe Real Estate - Doylestown, PA
"Bucks County PA Homes"

Hi Stephen, another great market report and I hope you receive lots of clicks and leads from it. Good job on the videos which really help with SEO rankings!

Mar 18, 2014 09:28 AM #3
Rainmaker
343,918
Stephen Howell
Coldwell Banker Residential Brokerage - Annapolis, MD
Annapolis MD Homes For Sale 443-994-8043

Karen, thanks for commenting on my video market updates for the Sarasota Florida real estate market.  Buyers and sellers can find a video about local market conditions for Sarasota County here: http://activerain.com/blogsview/4351672/real-estate-market-report-sarasota-florida-for-february-2014

Mar 19, 2014 12:03 AM #4
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Rainmaker
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Stephen Howell

Annapolis MD Homes For Sale 443-994-8043
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