Looks like good news to me !

Could this be the end of the middle or begining of the end to Sarasota's housing mess? There are 454 Sarasota homes for sale between 0 and $100,000 and 201 of them or 46% are pending and under contract for sale. Of the 650 homes Sarasota, Florida homes for sale between $100,000 and $200,000, 261 of these homes or 40% were pending sale. Venice, Florida homes for sale under $200,000 are following with total available homes at 408 and 157 or 38% under contract and pending sale.  IF IT WASN'T FOR SHORTS SALE TAKING FOREVER TO CLOSE our total inventory of homes for sale and days to closed would look much better!

Siesta Key Waterfront and Sarasota Bay Front Condos

Today I showed waterfront and bay front condominiums on Siesta Key and downtown Sarasota to Clare and Bob from Cleveland, Ohio. I was shocked when I pulled up the lack of inventory for Siesta Key and downtown bay front Sarasota condos. The deals are moving and it looks like were bouncing off the bottom.

I guess it shouldn't be such a great surprise because Sarasota is such a value when compared to other resort areas. Just try to buy a beach front condo in San Diego or a downtown high rise with a bay front view in anywhere for under $300,000 !  Pete Marriott held and open house today and worked with different  8 couples at his Jacaranda West Golf Course listing in Venice, Fl. Later in the day, Pete showed  a retired couple from Los Angelos homes in Palmer Ranch. Looks like we mjght have a few purchase contract tomorrow!

Pete Marriott and Bill Garrison Professional Sarasota Realtors ® Prudential Palms Realty . http://www.valuesarasotahomes.com/