Posts Tagged ‘Sarasota condominium prices’

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Stoneybrook Condominiums

December 7, 2009

Stoneybrook on Palmer Ranch is an excellent choice for investment and enjoyment.  As one of Sarasota’s most affordable gated country club communities it is made even more desirable by it’s close proximity to the beaches of Siesta Key.  Sarasota Square mall is also very close by.  The clubs amenities include restaurant, pools, fitness center tennis and many social activities.  Currently there are 42 condominiums for sale ranging in price from $169,900 to $335,000.  The average price is $236,811.  Because of the amenities, transferable golf memberships and proximity to the beach these condominiums are readily rented for the winter season.  This year 18 condos were sold in Stoneybrook at an average selling price of $239,550.  On average the properties sold garnered 92% of their sales price.  For more details about the available properties, click here.

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Tortuga Siesta Key

November 18, 2009

Tortuga on Siesta Key is among my favorite condominiums on Siesta Key. Tortuga is a great choice for anyone looking for a full time residence on the beach or for a winter homes.  Visit www.tortugasiestakey.com for more information.

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Sarasota Real Estate Investing

November 16, 2009
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Sarasota Home Prices Up 5%

November 12, 2009

I have always said that when there is a recession Sarasota is among the last to experience it and among the first to recover.  The National Association of Realtors indicated that homes prices have fallen in 8 of 10 cities in the US in the third quarter.  At $185,200, the median home price in the Sarasota-Bradenton area is up 5.3% from the second quarter of this year.  Total home sales in Sarasota-Bradenton for the third quarter of this year  topped 2,314 which was about the same as in Q2 but up 32 percent from last year.    The Today Show named Sarasota the number one place to buy and it looks like now is the time to buy.  Visit www.todayshowsarasota.com for more information.

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The Moorings Sales Update

November 7, 2009

The Moorings at Edgewater in Lakewood Ranch is a very unique property. Being located on the lake right next to Main Street Lakewood Ranch makes this community both scenic and convenient. This gated community provide a luxury lifestyle that many will find enviable. Currenlty there are 11 townhouses for sale ranging in price from $264,900 to $699,000. So far this year 5 units have sold.

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Siesta Key Condos

October 30, 2009

Currently on Siesta Key there are 374 condominiums for sale at an average price of $650,498. The highest price is a 4 bedroom 4 bath condo/townhouse unit at Waters Edge that is listed for $2,799,000. The lowest price condo is an efficiency unit at the Hyatt Siesta Beach, a fractional ownership resort which is listed for only $135,700.

So far this year 157 condominiums have been sold at the average price of $529,462. The highest priced sale closed at the selling price of $3,150,000. It was a 4 bedroom condo at Seagrove that was listed for $4,250,000. The lowest priced sale was $140,553 for a foreclosure unit at Bay Oaks.

At this time on Siesta Key there are 42 pending condominium transactions.  The average priced listing under contract on Siesta Key is $439,952.  Condominium sales on average are closing at 88.5% of their listed price.  There are some nice deals on Siesta Key right now so give us a call at 941-650-4626 or visit www.siestakeycondominiums.com for details about each condominium property.

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Foreclosures at Arielle on Palmer Ranch

October 20, 2009

Right now the are two very nice deals on foreclosures at Arielle on Palmer Ranch. This is a very nice gated luxury condominium community. Click here to view the details about these bank owned properties. Visit our website www.palmerranchcondominiums.com/arielle for more information about the community or visit www.bankownedpropertydeals.com to get daily updates about other foreclosure as they come to market.  If would rather try before you buy, we have a great rental opportunity at Arielle.  It is a furnished three bedroom unit with lake view and two car garage available for $1,700 per month.  Call 941-650-4626 for more information.  Click here to view the rental.