Sarasota Real Estate
 
Sarasota Museum Area

MUSEUM AREA

As is the case with many  Sarasota areas, the museum area is a blend of contemporary and traditional architecture. Here one can find large houses sitting on the beautiful Sarasota Bay. Many of the areas historic mansions are found in the museum area. Mixed into this region, there are also smaller, more affordable housing which Sarasota is desperately in need of. It is a very charmed-filled and eclectic area.  It encompasses the John and Mabel Ringling Museum of Art, the Asolo Center for the Performing Arts and New College/USF. Homeowners here are vast and wide in their character which range from artists to students to professionals of all ages to retirees.


Single Family Homes:
Month Year Units
Listed
Listed
Volume
Listed
Average
Units
Sold
Sold
Volume
Sold
Average
Average
DOM
Month Year Units
Listed
Listed
Volume
Listed
Average
Units
Sold
Sold
Volume
Sold
Average
Average
DOM
Jan 2006 23 20,411,500 887,456 2 1,620,000 810,000 246
Feb 2006 17 9,117,140 536,302 8 3,212,000 401,500 89
Mar 2006 16 10,975,900 685,993 5 3,655,500 731,100 121
Apr 2006 14 8,246,077 589,005 2 2,089,500 1,044,750 85
May 2006 21 12,587,600 599,409 4 3,489,000 872,250 251
Jun 2006 4 1,962,800 490,700 0 0 0 0
Totals:   95 63,301,017 666,326 21 14,066,000 669,810 142

Total Listed:95 Sold Units:21 Remaining Units:74 Inventory Accum.:21.14 *
Min Sold Price:
$218,000
Average Sold Price:
$669,809
Median Sold Price:
$400,000
Max Sold Price:
$2,560,000
Min List Price:
$226,440
Average List Price:
$666,326
Median List Price:
$489,500
Max List Price:
$4,500,000
* Inventory Accumulation (in months) = (# Remaining Units)/(# Sold Units/# Months)