Lido Key Condo Market Update
Posted by Marc Rasmussen on Friday, July 16th, 2010 at 7:30am.
Lido Key is a small barrier island located just west of downtown Sarasota, Florida. It is a great place to vacation, live or enjoy the winters. Snowbirds from all over the United States come to Lido Key during winter months to escape the harsh northern cold winters. Instead of shoveling snow and fighting the bitter cold weather you could be walking along the gorgeous Lido Key beach, enjoying a coffee at Starbucks on St. Armands Circle or playing golf with your friends.
There are a variety of single family homes and condos on Lido Key. Some of the finest home are located in the Lido Shores neighborhood on the north end of the island. There are variety of Lido Key condos available. You can find an affordable two bedroom, two bathroom unit within a short walk to the beach all the way to a luxurious penthouse overlooking the beach and Gulf of Mexico in the Ritz Carlton Beach Residences.
Lido Key Condos Sold 2010
* 48 condos sold from 1/1/2010 to 7/16/2010
* Lowest sales price - $223,500 (Kingston Arms)
* Highest sales price - $3,850,000 (Ritz Carlton Beach Residences)
* Average sales price - $775,784
* Median sales price - $496,250
* Average days to contract - 284
Lido Key Condos Sold 2009
* 23 condos sold from 1/1/2009 to 7/16/2009
* Lowest sales price - $196,322 (Lido Presidential)
* Highest sales price - $3,050,000 (Ritz Carton Beach Residences)
* Average sales price - $855,144
* Median sales price - $540,000
* Average days to contract - 275
Wow, look at that. 48 condo sales in 2010 versus 23 sales in 2009. Give me a call at 941.812.6272 if I can help you buy or sell a condo on Lido Key.
Blog Tags
Print
Send to Friend2 Responses to "Lido Key Condo Market Update"
Hi Jim,
Thank you very much.
The average sold price/square foot was $402.
Posted on Monday, July 19th, 2010 at 6:10 AM.
Hi Marc: I enjoy your wewbsite and always find it helpful. You had CONDO sales info in your article dated July 16th. Would you know what the avg sale price per sq ft was on waterfront properties.
Posted on Saturday, July 17th, 2010 at 7:01 AM.