Thursday, October 1, 2009

Siesta Key Homes for Sale - October 2009 Update

Siesta Key Home
Siesta Key homes on canals and on open water are sought after by boaters and retirees wanting a waterfront lifestyle. Gulf front homes are always in short supply as high-rise condominiums line the majority of the coast line. Some of these outstanding beachfront homes are in the prestigious Sanderling Club, Sandy Hook and Beach Road.
Dr. Beach moved Siesta Key Beach up to the number 2 on the Best 10 Beaches in America list and the homes for sale on Siesta Key started getting another look by buyers searching for a second home. Investors have scooped up some of the short sales and foreclosures and inventory has dwindled somewhat. The selection of homes for sale on this Key remains excellent.
If you are a boater, looking for a waterfront homes on Siesta Key, be sure to consider the size of your boat. There are fixed bridges on Siesta Key and some boats and sailboats cannot maneuver the canals under these bridges. Open Bayfront waters are excellent for larger yachts and sailboats.
There are currently 207 Siesta Key homes for sale in the MLS system. Prices are now ranging from the high $200,000s to $15 million for a waterfront estate after a significant correct of prices. Siesta Key homes for sale can be found on popular streets like Roberts Point, Flamingo, and Mangrove Point. Many homes on these areas offer swimming pools, boat docks and gorgeous tropical landscaping. Siesta Key Village and Siesta Key Beach are popular spots for residents to enjoy shopping, beachcombing, colletcing seashells, fishing and swimming.
Siesta Key Real Estate Update - October 2009
  • Single Family Homes for sale: 207

  • Least Expensive Home: $269,000

  • Most Expensive Home: $15,000,000

  • Homes Under Contract: 41

  • Single Family Homes Sold Last Six Months: 75
If you are an out of state buyer interested in a Siesta Key homes for sale on Siesta Key, contact John Allen at 941-544-6467. John is an expert on Siesta Key real estate and shows luxury waterfront homes regularly. For your Sarasota home search, please be sure to contact us in advance of your Sarasota trip.

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