Buy A Siesta Key Florida Condo
Posted on 17. Jul, 2009 by JohnA in About Siesta Key
Sieste Key Condo
Internet search activity for “Siesta Key” has increased dramatically since May when Dr. Beach published his 10 Best Beaches report. Siesta Key moved from the no. 3 spot nationally to the no. 2 spot on Dr. Beach’s 10 Best List.
Many buyers of Siesta Key condos have been coming to this famous beach for decades. They have seen prices jump out of their reach, and now they are trying to get back in the fray before prices escalate beyond their means again. Siesta Key’s weather, white sand are the big draw. The beach atmosphere of the Village and the friendliness of the people as well as a laid-back resort lifestyle have visitors dreaming of owning their patch of sand.
Siesta Real Estate Market
Siesta Key condo inventory is down in the first quarter of 2009 compared to the first quarter of 2008. Buyers in June were taking advantage of low prices and low interest rates. You may see another drop in inventory when statistics are reported for the next quarter. Prices start at $162,500 for a one bedroom one bath condo and go up to $4,250,000 for a penthouse at Seagrove.
Real Estate Activity on Siesta Key Last 3 Months
- Condos, Townhouses and Villas for Sale: 447
- Pending Condos, Townhouses and Villas: 40
- Condos Sold: 54 (including townhouses and villas)
Activities on Siesta Key include beachcombing, shell collecting, boating, walking, swimming and shopping to name a few. Sarasota’s downtown cultural venues are a short drive from the Beach too!
If you’ve been planning to wait another year or two to check out Siesta Key property, you might want to fast forward your timing. Don’t miss a good buy. The best properties on Siesta Key go first. Enjoy the holidays and give yourself a Siesta Key real estate gift - a new condo on the second best beach in the United States. Interest rates and inventory won’t remain this desirable much longer.
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