Saturday, July 18, 2009

Siesta Key Homes for Sale

In May 2009, when Dr. Beach published his 10 Best Beaches report, Siesta Key Beach moved up a notch to the number 2 spot on Dr. Beach’s 10 Best List, Our "Siesta Key" emails and telephone calls have increased considerably. Showing appointments have been steadily climbing as well.
Many visitors know Siesta Key as the famous beach has been their chosen vacation destination for years. Home prices jumped out of their reach in the past, and now they are watching the selection of Siesta Key homes for sale for a chance get their spot in Paradise. Siesta Key’s sugary white sand and sunshine are the attractions. Siesta Key’s beachy Village, with surf shops, specialty shops and casual dining attract families and vacationers, many who eventually become full-time residents.

Siesta Real Estate Market
Listed single family homes and Siesta Key condominiums for sale are down in the first quarter of 2009 compared to the first quarter of 2008. June’s buyers took advantage of low prices and low interest rates. Inventory of Siesta Key homes for sale is expected to continue to drop as the best properties are scooped up while selection is good. Prices for condos start at $162,500 and go up to $4,250,000. Single family homes for sale start at $215,000.

Real Estate Activity on Siesta Key Last 3 Months
  • Single family homes for sale: 217
  • Pending Single Family Homes: 53
  • Single family home sold: 40

Siesta Key offers an abundance of outdoor actives: beachcombing, shell collecting, boating, walking, swimming. Shopping in the Village is popular and downtown Sarasota’s is the place to be seen at the opera, ballet or the theater. Excellent restaurants are available downtown if you need a break from beach life!
Don’t’ try to time the Siesta Key real estate market. Check out Siesta Key homes for sale while the selection is great and interest rates are low. You might miss a good buy while searching for a short sale too. Ask us to explain the short sale process. Short sales are not “short.” In any market, the best properties on Siesta Key go first. Contact us to help you sort through the selection of Siesta Key home for sale with a good value. We can help to expedite a smooth purchase of your dream home by year’s end. Low interest rates won’t last and neither will low prices of Siesta Key real estate.

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