Sarasota Florida Real Estate

Are you thinking of buying a piece of Sarasota Florida Real Estate? Sarasota is Florida's seventh largest real estate market and one of the fastest growing. The median Sarasota real estate sales price for a single family home in March 2005 was $329,000, compared to $255,000 in March 2004. The median sale price for a single-family home in January 2006 was $396,000, compared to $320,750 in January 2005.

The Sarasota Florida real estate market is cooling off, which is most definitely a good thing. Does this mean the market will fall off all together? No, not at all, it just means the over all Sarasota real estate prices have leveled off.

The Sarasota real estate market is seeing from 75-100 price reductions a day. There is a “real estate agent bubble” in Sarasota and it is stretching a bit. Let's put it this way, you won't have trouble finding an agent.

Sarasota Florida real estate unlike many markets across the country has a good supply of available inventory, with listings averaging 10-30 days on the market.

Sarasota Florida real estate is currently a buyers market for most property types and price ranges. There are many times the sellers have dropped their asking price a ton due to high competition, which is leaving an unusually high number of homes for sale.

What is the average Sarasota home cost? Prices vary based on the size, amenities and location of the Sarasota real estate property, but most are in the $347,000 range. There are also some Fractional Ownership opportunities in the Sarasota area that are becoming very hot.

Sarasota Florida Real Estate To Consider

• Sarasota East / Sarasota Florida Real Estate incorporates residential communities, country clubs, and ranch land. This area has homes priced from the $300,000’s to $10 Million.

• Sarasota West / Sarasota Florida Real Estate is mostly residential area with a city feel you will love. Homes in this area start at $500,000 and rise up into the $10-15 Million dollar range.
• Siesta Key / Sarasota Florida Real Estate has a wide selection of restaurants, several shopping districts, and all are situated around the beautiful beaches of Florida's Gulf Coast. Choose your lifestyle on Siesta Key, where waterfront condominiums are priced from $275,000 to $3.5 Million or a private residence from $500,000 to $10 Million.
• Osprey / Sarasota Florida Real Estate is home of The Oaks, one of Sarasota’s most respected communities. The Oaks offers a lifestyle equal to the finest membership only country clubs in the world. Homes in The Oaks are priced in the $1-15 Million range.