Siesta Key Condos Update

Data from the Sarasota MLS system indicates that Siesta Key condos are on the move. There are 413 condos on Siesta Key that are currently available. 43 condos, townhouses or villas are under contract and the sales for the last six months total 114 units. Dr. Beach recently added to Siesta Key’s allure when he bumped Siesta Key Beach up a notch to #2 on his 10 Best Beaches in America list in May.

Siesta Key condos range from tiny motel type condominiums, duplexes to contemporary newer high-rise condos that mingle with the older condos, many in the midst of remodeling their lobbies and amenities to provide buyers with the activities and surroundings they desire. Gulf front condos are the most popular and command a higher price if the view is extraordinary. Bayside condos are popular too as boaters seek condominiums providing boat dockage and easy access to the Gulf of Mexico. Siesta Key’s condo selection is still excellent and prices have adjusted considerably. Prices currently range from $150,000 to $4,250,000 for a condo, townhouse or villa. Prices do not include time share or fractional ownership buildings which start as low as $30,000 for a few weeks' use.

Residents of Siesta Key sit on their balconies and take in the sites of the surf, wildlife, beachcombers, swaying palm trees and bask in the warm weather. Walks to the Village are popular as well as dining in cafes and restaurants of Siesta Key Village. Surf shops, specialty shops and restaurants are busy with travelers from around the world.

Siesta Key Condo Market Update (Including Townhouses & Villas):

• Least Expensive Condo: $150,000
• Most Expensive Condo: $4,250,000
• Condos Under Contract: 43
• Condos Sold Last Six Months: 114

If you are searching for real estate on Siesta Key Florida, contact John Allen at 941-544-6467. John shows Siesta Key condominiums as well as all of Sarasota's other barrier islands. Contact a professional with experience in waterfront properties necessary to guide you to a successful purchase of a Siesta Key condo.

Siesta Key Florida Restaurants

Are you here for a Spring Break and looking for a Siesta Key restaurant so you don’t have to drive to the mainland? You can find almost every cuisine on Siesta Key. From a little deli to waterfront elegance, each restaurant on Siesta Key has its own special charm.

Spring Suggestions:

Start out your morning at the Broken Egg. Now seating 105, the Broken Egg continues the tradition of “the casual dining experience.” The Portobello Benedict with English muffins, poached eggs, grilled Portobello mushrooms, tomatoes and Hollandaise sauce is one of my favorites. Located at 140 Avenida Messina.

If you are in the mood for a grouper concoction, stop by and try the grouper taco at The Siesta Key Oyster Bar – yummy. The atmosphere here is beachy fun and vacationers and locals mix for lots of conversation. There’s music here in the evening. Located at 5238 Ocean Blvd.

Another lunch tradition is Anna's Deli where they have been serving their world famous "Surfer" sandwich since 1971. There have two locations on Siesta Key, one in the Village and teh other by the south bridge to Siesta Key.

For a happy hour, stop by and chat with the bartender at the Blasé Café. You’ll find this local restaurant charming, eclectic and the food outstanding. Martinis are special at the Blasé, and the meals are extraordinary. Located at 5263 Ocean Blvd., #9.

For information on Siesta Key real estate, contact John Allen at 941-544-6467. BuySarasota.com has a comprehensive section on Siesta Key condos where you can learn about all of the different condominium communities.

Siesta Key Real Estate Market Update

Below is a brief summary of current real estate data for the Siesta Key Florida real estate market. All of the information below is current as of November 13, 2008.

October 2008 Data*

Siesta Key Condos
Current Active Listings: 379
Highest Priced Listing: $4,250,000
Lowest Priced Listing: $170,000
Currently Under Contract - 40
October Sales - 16

Siesta Key Single Family Homes
Current Active Listings - 176
Highest priced Listing: $17,500,000
Currently Under Contract - 16
October Sales - 7

2008 Year to Date Data*

Siesta Key Condos
Highest Sale Price: $1,914,282
Year to Date Sales - 177
Average List price: $614,092
Average Sales price: $546,066 (89%)

Siesta Key Single Family Homes
Highest Sale Price: $8,000,000
Year to Date Sales - 101
Average List price: $1,284,913
Average Sales price: $1,199,018 (87%)

*All real estate data was pulled from our MFR MLS system and is deemed reliable, but is not guaranteed.

If you would like specific data or statistics for the Siesta Key real estate market, leave a brief post here or send me an email. BuySarasota.com allows you to view photos and detailed information on all Siesta Key condos and homes for sale.