Downtown Sarasota Condominiums

April 13, 2006

Everyone is talking about downtown Sarasota and for good reason. With recent developments, new retail, cultural, dinning and shopping opportunities in Sarasota’s downtown has become an exciting and vibrant place to be. The trend for future growth in Sarasota will most certainly include the baby boomers that will be purchasing property for full time use rather than part time or investment only purposes. With this trend, the demand for residential units in the downtown area will continue to be strong. Today there are 357 condominium units for sale in Sarasota’s downtown from $300,000 to $8,999,500. The average list price is $1,222,280. The average days on market are 120.

During the past twelve months 392 condominiums were sold. Newly completed condominium units since 2000 number 1,059 and an additional 744 units are currently under construction and an additional 1,117 are pending approval. Visit http://www.sarasotacondominiums.com/ for more information about condominiums in downtown Sarasota.


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