SARASOTA COUNTY REAL ESTATE MARKET STATISTICS PROVIDED BY TRULIA
Use the computer generated information below as general guidelines but take it with a grain of salt, tequila and a slice of lime. Yes this is a crazy market and influenced heavily by mortgage lenders holding or flooding the Sarasota real estate market with REO bank owned forclosures. When and if they are approving short sales in another huge variable. the past few months have been slow. oh and that's a huge BFO (blinding flash of the obvious) ... hmmm...When the wealthiest 50% of Sarasota county residence leaves the state for the summer, sales of everything tend to slow down including; pizzas, goldfish, oil changes, poodle trimming and vodka always slow to a crawl... Every banker, CPA, insurance agent, doctor, and business owners in general, vacation this time of the years because their clients are gone on vacation too! Slow summer sales just mean that everyone went on vacation away from Florida as they always do...That has been happening for the 24 years I have lived in Sarasota. In general cheap bank owned condos and homes are selling in a few days to out of state investors, many sight unseen, and this is hugely pushing all of the statistics down while all of our locals are on a cruise somewhere in Alaska....
TRULIA CALLS US, PETE MARIOTT AND BILL GARRISON, WHEN ONE OF THEIR WESITE VISITOR WANTS A PROFESSIONAL SARASOTA FL REALTOR TO HELP THEM FIND A GREAT DEAL ON A HOME OR CONDO PURCHASE
The median sales price for homes in ZIP code 34228 in Longboat Key Fl from Jun 10 to Aug 10 was $447,500 based on 64 sales. Compared to the same period one year ago, the median sales price increased 1%, or $4,500, and the number of sales decreased 37.3%. Average price per square foot for homes in 34228 was $397, an increase of 15.4% compared to the same period last year. There are currently 675 resale and new homes in ZIP code 34228 in Longboat Key Fl and 40 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 34228 was $868,664 for the week ending Sep 22, which represents a decrease of 1.8%, or $15,633, compared to the prior week.
Average price per square foot for Sarasota Fl was $142, a decrease of 69.9% compared to the same period last year. The median sales price for homes in Sarasota FL for Jun 10 to Aug 10 was $160,500 based on 1,186 home sales. Compared to the same period one year ago, the median home sales price decreased 13.2%, or $24,500, and the number of home sales decreased 12.1%. There are currently 4,416 resale and new homes in Sarasota Fl and 2,147 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Sarasota FL was $507,810 for the week ending Sep 22, which represents a decrease of 1.1%, or $5,838, compared to the prior week. Popular neighborhoods in Sarasota include Bayou Oaks and Park East, with average listing prices of $87,316 and $69,592.
The median sales price for homes in ZIP code 34242 SIESTA KEY in Sarasota Fl from Jun 10 to Aug 10 was $462,000 based on 82 sales. Compared to the same period one year ago, the median sales price increased 0.2%, or $1,000, and the number of sales decreased 30.5%. Average price per square foot for homes in 34242 was $352, a decrease of 2.5% compared to the same period last year. There are currently 691 resale and new homes in ZIP code 34242 SIESTA KEY in Sarasota Fl including 1 open house, as well as 70 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 34242 SIESTA KEY was $958,761 for the week ending Sep 22, which represents an increase of 0.9%, or $8,706, compared to the prior week. Popular ZIP codes in Sarasota include 34243 and 34231, with average listing prices of $238,908 and $358,069.
The median sales price for homes in ZIP code 34229 in Osprey Fl from Jun 10 to Aug 10 was $307,500 based on 44 sales. Compared to the same period one year ago, the median sales price decreased 10.1%, or $34,500, and the number of sales decreased 2.2%. Average price per square foot for homes in 34229 was $137, a decrease of 20.8% compared to the same period last year. There are currently 288 resale and new homes in ZIP code 34229 OSPREY Fl including 51 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 34229 was $894,927 for the week ending Sep 22, which represents a decrease of 2.6%, or $23,483, compared to the prior week.
The median sales price for homes in ZIP code 34275 in Nokomis Fl from Jun 10 to Aug 10 was $183,000 based on 68 sales. Compared to the same period one year ago, the median sales price decreased 17.3%, or $38,250, and the number of sales decreased 39.3%. Average price per square foot for homes in 34275 was $133, a decrease of 4.3% compared to the same period last year. There are currently 385 resale and new homes in ZIP code 34275 NOKOMIS FL 104 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 34275 was $684,898 for the week ending Sep 22, which represents an increase of 1.7%, or $11,180, compared to the prior week.
Average price per square foot for Venice FL was $114, a decrease of 0.9% compared to the same period last year. The median sales price for homes in Venice FL for Jun 10 to Aug 10 was $158,000 based on 378 home sales. Compared to the same period one year ago, the median home sales price increased 4.6%, or $7,000, and the number of home sales decreased 19.4%. There are currently 1,371 resale and new homes in Venice Fl and 492 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Venice FL was $265,644 for the week ending Sep 22, which represents a decrease of 0.2%, or $576, compared to the prior week. The above information was provided by TRULIA
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