Want to know what people are buying today in Sarasota, Florida? Statistics for "Pending" home sales (homes that just came under contract March 1-5, 2019):
All companies: Total 115 newly negotiated contracts in past five days. Averages: 84 days on market, sq. feet 1,636, list price $356,000.
Homes listed by Michael Saunders & Co. that came under contract the past five days: Averages: 52 days on market, sq. ft. 1,753, list price $402,000. Note: these listings were on the market 32 days less than the average in Sarasota, indicating that they were correctly priced.
Contracts for Downtown Condos: Averages: 129 days on market, 1,684 sq. ft, list price $687,000.
Contracts for Villas: All areas, Averages: 79 days on market, 1,571 sq ft, list price $279,000.
Note that we do not know the negotiated sales price today, what is shown in MLS is only the current list price at time of contract. Negotiated sales price is confidential until closing; after that, it becomes public record.
Top Selling Areas (Location/Location):
Condos: Siesta Key, Downtown, Gulf Gate, Palmer Ranch.
Single Family Homes: Gulf Gate, University Town Center Mall area.
Villas: All areas.
Harbor Towers - see photos below.
5855 Midnight Pass Road, Siesta Key, Florida 34242
Two condominiums came under contract March 1-5th, average list price $367,000 for a one- and a two-bedroom units.
Team Dunn has two Harbor Towers listings today. 1 BR (Unit 624) $328,900; and 2BR 2BA(Unit 217) $375,000--note recent price reduction and room for washer/dryer. Boat slips available first come, first serve. Fishing pier and gazebo on the Intracoastal Waterway, large party room, outdoor grills, 2 pools, tennis courts, extra storage, new fitness center, rental office on-site, 24-hour security, on-site laundry facilities on each floor. Minimum 2- week rentals. Owners may have small pets.
Call Linda Holley, Realtor, GRI, Michael Saunders & Co., for more info on Sarasota home sales and Harbor Towers. 941-914-4914.
Harbor Towers Marina on Siesta Key Beach, FL
Doctor Beach has ranked Siesta Key as #1 in the USA!! 5302 Cape Leyte in Siesta Isles subdivision, just a 10-minute walk to the public beach, is now under contract listed at $611,000, no pool, sold to Canadian investors. For homes off Siesta Key but near the beach, consider Gulf Gate, only a five-minute drive to Siesta Key.
Gulf Gate subdivision has mostly 2-bedroom block homes built in the early 1960’s. The average price is $250,000 without a pool, for 1,556 sq. ft. One-third of the recent sales were cash.
Gulf Gate Woods is ten years newer, built in the early 1970’s with mostly 3-bedroom block homes; homes sell for an average of $312,000 (half had pools) for 1,800 square feet. More people are financing homes in Gulf Gate Woods since it’s more costly than Gulf Gate subdivision; only one-fourth of the recent sales were cash.
Ready for an adventure? Visit Crowley Nursery, east of I-75 at the end of Fruitville Road. You’ll want to put this in your GPS because the last two miles are on two dirt roads. It’s so fun, you’ll pass several horse farms and I recommend that you stop and get some farm fresh eggs, herbs, and local honey; just watch for the signs. Crowley Nursery is a five-acre master gardener’s dream with hundreds of varieties of tropical plants. I left with several flowering, fragrant plants for my lanai, about half the price of Home Depot or Walmart. Mrs. Crowley is an organic gardener; this is country and they have a very clean out house for customers. J
Thanks for reading my blog and call me at 941-914-4914 if I can assist you in your Sarasota, Gulf Gate, or Siesta Key real estate needs.
Most sincerely yours,
Linda Holley, Realtor, GRI
Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.