3 Recent Sarasota Foreclosure Sales

Here are three recent foreclosure sales.

3860 Casey Key Road. This home had 6 bedrooms, 6 bathrooms, 3 half baths and 8,230 square feet on the bay on Casey Key. It was originally listed for $8,350,000 in 2006. Eventually, the price dropped to $4,900,000 and sold in April for $3,500,000. There are no bank owned properties on Caset Key now but you can periodically check Casey Key foreclosures.

6270 Parmeron Lane - This is in a small enclave of homes locasted on the west side of Beneva just north of Bee Ridge road. It was built in 2007 and offers 4 bedrooms, 2.5 bathrooms and 2,719 square feet. The list price was $299,000 and it closed for $267,800.

I just searched through our MLS system and pulled up all of the Sarasota and Manatee county foreclosure sales so far for the month of May. Here are the important statistics:

• 126 sales 
• $3,500,000 - highest sales price
• $14,000 - lowest sales price
• $139,796 - average sales price
• $84,950 - median sales price
• 94 - average days to closing
• 57 - average days to contract
• 99% - average sales price to list price ratio

Here are the statistics for sales of all properties including bank owned, short sales and normal sales for Sarasota and Manatee counties.

• 628 sales
• $6,425,000 - highest sales price
• $14,000 - lowest sales price
• $265,368 - average sales price
• $160,100 - median sales price
• 180 - average days to closing
• 128 - average days to contract
• 94% - average sales price to list price ratio

Visit Sarasota FL homes for sale to view hundreds of home for sale in Sarasota and Manatee counties. Give us a call if we can help you buy or sell a home.