Weekly Sarasota County Foreclosure Update Increasing Demand for Sarasota Foreclosures
Posted by Bryan Guentner on Tuesday, February 16th, 2010 at 10:23am.There currently are 232 contracts pending on Bank Owned Properties leaving 194 active foreclosures for sale. The current inventory of Sarasota foreclosures is active. 0-100K is the most active price range for pendings. The current average list price is $211,147 for Sarasota Foreclosures. A total of 599 foreclosures have sold in Sarasota County in the last 6 months with an average selling price of $131,331. The average sold price in the last 30 days is $105,082 with an average of 32 days on market. Since this is less than the average days on market in the last 6 months, it indicates that their is increasing demand. Foreclosed Homes in Sarasota are closing for an average of 95.5% of their list price.
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