Siesta Key Condos For Sale
March 3, 2009 by Perry Corneau · Leave a Comment
Currently there are 429 condos for sale on Siesta Key ranging from $135,000 to $4,250,000. The average price is $734,665. There are 25 condominium properties under contract at this time. Last year 212 condominium units were sold on Siesta Key at an average selling price of $550,258 was 88% of list price. So far this [...]
ShareForclosures in United Kingdom
February 27, 2009 by Perry Corneau · 2 Comments
Forclosures in the United Kingdom have increased by as much as 54%. Share
ShareSarasota Real Estate Sales December 2008
February 4, 2009 by Perry Corneau · Leave a Comment
The numbers for December 2008 sales are in. They indicate a considerable increase over December of 2007. Total home sales in December of 2008 came in at 571 while the same period in 2007 posted only 374 sales. The market continues to improve despite the overall economy. December’s totals were the twelfth consecutive month in which sales topped [...]
ShareSarasota Real Estate Market Improving
January 10, 2009 by Perry Corneau · Leave a Comment
Recent statistics published by the Sarasota Association of Realtors indicate that the number of homes and condominiums being sold is showing signs of improvement. The absorption rate, (the number of homes sold in a month) has increased from 2.5% in November 2007 to 4.16% in November 2008. Last year the inventory levels of available homes [...]
ShareLido Key Real Estate 2008
January 3, 2009 by Perry Corneau · Leave a Comment
Now that 2008 is behind us let us review the real estate activity on Lido Key. At the year’s end there were 54 homes for sale on Lido Key ranging in price from $425,000 to $11,300,000. The average price of homes for sale on Lido Key was $2,257,527 at year’s end. The lowest priced canal [...]
ShareFlorida Real Estate in Perspective.
December 12, 2008 by Perry Corneau · 4 Comments
In 1958 the median value of a home was $11,800 today it is $205,500. Household median income was $4,722 and today it is $65,024. Over the years the real estate market has seen it’s ups and down. This current downturn will be like the others and home values will certainly recover and go higher than [...]
ShareSiesta Key Real Estate For Sale
November 21, 2008 by Perry Corneau · Leave a Comment
Currently there are 26o single family homes for sale on Siesta Key ranging in price from $269,000 to $17,500,000 placing the average priced home on Siesta Key at $1,524,539. During this year 101 homes have been sold at an average price of $1,199,018. The highest sale in 2008 was $8,000,000 and the lowest was $252,500. [...]
ShareSarasota Homes Values
November 19, 2008 by Perry Corneau · Leave a Comment
According to the latest Zillow Real Estate Market Reports, home values in Sarasota decreased -17.51% in the third quarter of 2008, compared to the third quarter of 2007. Nationally, home values decreased -9.7% during this same period. Share
ShareForeign Buyers for Florida Real Estate
November 3, 2008 by Perry Corneau · 2 Comments
Florida annually attracts 15% of the international real estate buyers. Of the four US states attracting the most foreign investment, Florida garners 25.4% while California receives 8.9%, Arizona receives8.7% and Texas, 6.8%. The number of foreign investment in Florida real estate is sure to increase. Warren Buffet predicts that U.S. assets owned by foreigners will grow [...]
ShareReal Estate Sales in Sarasota on the Rise.
October 27, 2008 by Perry Corneau · Leave a Comment
The Sarasota Association of Realtors has reported that single family home sales for the month of September have soared to a total of 360. That is an increase of more than 54 percent over last September. The single family home absorption rate is now at 12 months, while the condominium absorption rate is at 27 months. The median home [...]
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