Thursday, November 17, 2005

Sarasota Houses

Guide to current Sarasota real estate prices:
Properties on or near any water can be significantly higher.
These figures are based on the sales reported in the local Sarasota MLS.
Sarasota Real Estate Sales Data:

Residential Average Price: $520,682
Residential Median Price: 352,500

Condo Average Price: $489,950
Condo Median Price 300,000

% of List Price to Sales Price:
House: 97.2
Condo: 97.0

Average Price: The total price of all of the sold homes divided by the number of homes sold.

Median Price: is the value that separates the highest half of the sample from the lowest half.

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