An update on recent home sales in Lake Sarasota from Sandy Allen:
We didn't get a chance to talk about what's going on in LS with real estate so I thought I would email it too you in case you wanted it for the blog.
There are currently 16 homes for sale in Lake Sarasota from $75,000 to $195,000. Of those, 11 are short sales. The average cost per square foot under air is $93.02. There are 13 homes pending sale (have contracts on them to buy). Twelve of those are short sales. Twenty-four homes have sold in the past 3 months. Two were REOs and 9 were short sales. Those sales ranged from $55,000 to $159,900 and averaged $81.08 per square foot under air. If you would like to find out an average of what your home would sell for in todays market, take your homes air conditioned space and multiply it by the average. If you're not sure how many square feet you have, you can look it up at http://www.sarasotaproperty.net .--