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REAL ESTATE PRICE WATCH
Finkelstein & Associates
A Multi-Disciplinary Firm of Attorneys, Realtors and CPAs
Our Specialty is You
Most professional firms specialize in one tool for many types of clients. These are firms that specialize in law or real estate or some smaller category such as trials, wills, taxes, commercial real estate, real estate closings, etc.
Multi-disciplinary firms specialize in one type of client and provide many tools for that client. At Finkelstein & Associates, we specialize in clients that want to live, work or visit the Sarasota/Bradenton area. In other words, we specialize in you. You may have no way of knowing which professional you are supposed to call. For a tax audit, should you call a CPA or a Lawyer? To buy at a foreclosure sale, should you call a Lawyer or a Realtor? At a multi-disciplinary firm, we don't spend a lot of time deciding which "hat" we are wearing, we just take care of your needs. You can click on the categories on the left, which are organized by what you might need, not by what professions we'll be practicing when we help you.
On this page, we post recent transactions that closed what we consider typical prices paid by savvy buyers. The reader to make up their own mind as to where they think the market is going. We will watch properties in several categories and record the price movements so that you can try and spot trends. When appropriate, we will list specific properties that seem to be particularly good bargains.
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SINGLE FAMILY HOMES
3 bed, 2 bath, 2400 sq ft.
Moderate Neighborhood
3/1/2008 300k and up. Showings are up. Sales slow.
5/15/2008 Low 200's. Volume is up.
8/15/2008 Mid 160's tp 200's. Volume is definately up.
10/15/2008 Mid 100's to 200's. Volume is good. Prices
may have stabilized.
11/25/2008 Again, prices seem to be stabilized in the range
of the Mid 100's to 200's.
Following is a recent listing by our firm that is a single family home in the downtown area, an area we have not including in our Real Estate Watch, because these homes and their prices are not as standard.
1866 Hawkins, Sarasota
3 Bedrooms 1990 sq ft.
$359,000
then click on My Listings and scroll down
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CONDOS
2 bed, 2 bath around 1200 sq. ft.
3/1/2008 Nice condos can be gotten around $150k or less. Volume is very, very slow.
5/15/2008 Same condos can be gotten for $125. Volume is still very slow.
8/18/2008 Same condos are about the same price, $125. Volume is stil very slow.
10/15/2008 Prices seem to have stablized at around $125. This is unusual because volume is still slow.
11/25/2008 Prices of this product continue to suprise us. Last month we thought we had seen the "bottom", but they have declined again. We have seen several closings in the $110,000-$115,000 range. |
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BAY FRONT CONDOS
2 bed, 2 bath 1200 sq. ft.
3/1/2008 400-500k. 5/15/2008 Low 300's for some, with a very wide variety, which reflects the wide variety of locations and product. 10/18/2008 A very few in the mid $200's, a good amount of product more in the $300's and $400's. Some more than that.
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GULF FRONT CONDOS 2 bed, 2 bath 1200 sq ft 3/1/2008 Lately, it seems as if 2/2 condos gulf front condos on the middle of Siesta Key and Lido are listed for 750k and up. Turtle Beach area prices are around 650k and up. 5/15/2008 Turtle Beach and Siesta Public Beach have some listings in the low 600's now and at few just below $600. Units are moving at those prices. Interestingly, the sales prices are only a little below the asking prices, just like a normal market. This could indicate a bottom is forming in this waterfront product, which is usually on the leading edge of upturns. 8/15/2008 Units are moving in the $500s. 10/15/2008 Most units seem to be priced in the $400s or $500s. Volume is good.
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Main office telephone number: 941-952-9999.
Main fax number: 309-9999
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Finkelstein & Associates, Attorneys, CPA, Sarasota, Florida
Finkelstein & Associates is a full-service firm on the West Coast of Florida. We are both a law firm and a CPA firm. At Finkelstein & Associates, we have a strong belief in the personal relationship between attorney and client. Our goal is to provide the best service possible at the most reasonable price. Thanks for visiting our site.
Finkelstein & Associates
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