Downtown Sarasota Condo Market Update

Are you considering purchashing a vacation condo a relocating to downtown Sarasota? A downtown condo market update might be helpful to you.

The downtown area is vibrant and full of energy. Take a walk and you will see visitors and residents enjoying themselves either shopping in one of the quaint stores, eating at an out door cafe, enjoying a coffee at Starbucks, picking up some groceries at Whole Foods or just meandering along Palm Avenue looking at the art galleries.

There are plenty of great places to live in downtown. There are more condo options than neighborhoods with single family homes. Some of the best downtown Sarasota condos include One Hundred Central, 1350 Main, Plaza at Five Points, Burns Court Villas, Marina Tower, Orange Blossom Tower and Ritz Carlton Tower Residences. Downtown condos come in a variety of shapes, sizes, colors and prices. You are sure to find something that fits your taste and budget.

Downtown Sarasota Condos For Sale

I ran a search which included condos as far north as Broadway Promenade (downtown fringe) as well as Golden Gate Point.

• * 245 condos for sale
• * Average asking price - $947,056
• * Highest asking price - $7,700,000
• * Lowest asking price - $99,000
• * Median asking price - $529,900
• * 0 - $300,000 - 35 condos
• * $300,001 - $500,000 - 79 condos
• * $500,001 - $750,000 - 45 condos
• * $750,001 - $1,000,000 - 19 condos
• * $1,000,001 - $2,000,000 - 41 condos
• * over $2,000,001 - 26 condos

Downtown Sarasota Condos Sold in 2010

• * 129 condos from 1/1/2010 - 7/15/2010
• * Average sales price - $589,198
• * Median sales price - $400,000
• * Highest sales price - $3,350,000
• * Lowest sales price - $51,000
• * Median asking price - $390,000
• * 1350 Main - 9 sales
• * Alinari - 10 sales
• * Bay Plaza - 4 sales
• * Beau Ciel - 4 sales
• * Burns Court Villas - 2 sales
• * 888 and 988 - 14 sales
• * Dolphin Tower - 2 sales
• * Marquee en Ville - 4 sales
• * One Hundred Central - 6 sales
• * Plaza at Five Points - 2 sales
• * Renaissance - 10 sales
• * Ritz Carlton Residences and Tower Residences - 4 sales

To view more information on all of these buildings visit downtown Sarasota condos. Give me a call at 941.812.6272 if I can help you buy or sell Sarasota Fl real estate.

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