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Market Update: Siesta Key

June 24, 2006

this is an audio post - click to play

Currently on Siesta Key there are 505 condominiums for sale. The high list price is $4,499,999. The lowest list price is $199,900 for a turn-key furnished one bedroom condominium on Avenida Navarra. The average list price of condominiums on Siesta Key is $874,254.

Currently there are 10 condominium listed a backup needed and an additional 11 pending. During the past 6 months 100 condominiums have been sold at an average price of $771,272.

On Siesta Key there are 262 homes offered at and average price of $2,093,737. The highest priced home on Siesta Key, pictured above, is located in the Sanderling Club and is $9,595,000. The lowest priced home is $324,900 which is essentially the price of the lot.

During the last 6 months 50 homes have been sold at an average of $1,494,569. Pending contract number 5 with 8 additional homes listed as back up needed.

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