St. Armands Circle Real Estate Update

Located just over the bridge from downtown Sarasota sits the enchanted area of St. Armands Circle. This dining and shopping destination is a popular Sarasota, Florida attraction. Residents and vacationers visit this area to do a little shopping, enjoy a tasty meal at an outdoor restaurant like Cha Cha Coconuts, The Columbia, Cafe L 'Europe, Crab and Fin or Tommy Bahamas. Visit St. Armands Circle real estate to view the latest offering of homes for sale.

St. Armands Circle Real Estate Update

• 10 homes currently for sale
• Lowest asking price - $465,000
• Highest asking price - $8,499,000
• Average asking price - $2,164,290
• Median asking price - $1,670,000
• Average list price/square feet - $539

 St. Armands Circle Real Estate Sold 1/1/2010 - 10/13/2010

• 13 homes sold so far in 2010
• Lowest sales price - $285,000
• Highest sales price - $1,700,000
• Average sales price - $801,376
• Median asking price - $650,000
• Average sales price/square feet - $312
• Average days to contract - 220

St. Armands Circle Real Estate Sold 1/1/2009 - 10/13/2009

• 11 homes sold 1/1/2009 to 10/13/2009
• Lowest sales price - $375,000
• Highest sales price - $3,250,000
• Average sales price - $1,228,636
• Median asking price - $1,150,000
• Average sales price/square feet - $378
• Average days to contract - 238

Looks like a great opportunity to buy a home around "the Circle". The average price of a sold home dropped from $1,228,636 to $801,376. Of course, that is just an average. Notice the highest sales price in 2009 was over $3 million whereas the highest sales price in 2010 was $1,700,000.

Give Marc Rasmussen a call at 941.812.6272 if you are interested in buying or selling a St. Armands Circle home.