Siesta Key Condos For Sale Sarasota Florida Market Update 2014 05

By
Real Estate Agent with Coldwell Banker Residential Brokerage

Siesta Key Condos For Sale Sarasota Florida 34242

There are 213 condos actively for sale on Siesta Key and in the 34242 zip code. The average list price is $620,597, the minimum list price is $99,000, and the maximum list price is $3,250,000. The average list price per square foot is $438, the minimum list price is $52 per square foot and the maximum list price is $1,193 per square foot. These condos have been on the market for an average of 207 days.

There are 10 condos on Siesta Key and in the 34242 zip code active with contract for the same period. The average list price is $609,860, the minimum list price is $197,900, and the maximum list price is $1,475,000. The average list price per square foot is $412, the minimum list price is $220 per square foot and the maximum list price is $579 per square foot. These condos were on the market for an average of 299 days.

There are 25 condos on Siesta Key and in the 34242 zip code pending sale for the same period. The average list price is $535,822, the minimum list price is $125,900, and the maximum list price is $1,050,000. The average list price per square foot is $401, the minimum list price is $58 per square foot and the maximum list price is $794 per square foot. These condos were on the market for an average of 122 days.

Siesta Key Beach #1 Beach In The USA

There have been 80 condos sold on Siesta Key and in the 34242 zip code in the last 90 days. The average list price for condos sold during this period was $497,159, the minimum list price was $135,000, and the maximum list price was $1,849,000. The average sold price was $472,156, the minimum sold price was $115,000 and the maximum sold price was $1,800,000. The average sold price per square foot was $362, the minimum sold price was $51 per square foot and the maximum sold price was $1,052 per square foot. The average list price to sold price ratio was 95.04%. The average days on market was 139.

Seaching For A Siesta Key Condo In Sarasota Florida?

With slightly less than 27 condos selling on average per month in Siesta Key and in the 34242 zip code over the last three months, there is sligtly less than 8 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 on Siesta Key and in the 34242 zip code.

Map Of Siesta Key Condos For Sale Sarasota Florida 34242

Real Estate Market Trends In The 34242 Zip Code

Siesta Key is located in Sarasota Florida in the 34242 zip code. 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.

  

Find Condos for Sale in Siesta Key in Sarasota Florida

Buyers can still find single family condos for sale in Siesta Key at favorable prices. While it is true that some condos in this community are often expensive, there is still an excellent selection of condos for sale. Siesta Key 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 Siesta Key? 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 condos for sale on Siesta Key and in the 34242 zip code..

Other Market Reports In The 34242 Zip Code

If you go to Market Reports you will find information on Siesta Key condo complexes, sub-divisions and neighborhoods in the 34242 zip code.

The Palmer Ranch Home Sales Report

NOTE: Statistics calculated as of May 4, 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.

Siesta Key Condos For Sale Sarasota Florida 34242

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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