2014 Siesta Key 1st Quarter Luxury Real Estate April 2014
5831 Riegels Harbor Road Offered at $1,895,000
YOUR SIESTA KEY EXPERT
2014 SIESTA KEY 1ST QUARTER LUXURY REAL ESTATE MARKET REPORT I am pleased to present my 2014 First Quarter Market Report for Siesta Key. As an 18-year Siesta Key resident, I understand the importance of having accurate, detailed information on what is currently happening in the real estate market on our island. Based on our prior statistical research, the projections made in our last report have once again proven to be on target. Please feel free to contact me if you are considering a move, or would like a professional opinion of your home’s value and marketability in today’s market. I look forward to hearing from you! Judie
Berger, PA, ABR, GRI Judie.Berger@sothebysrealty.com ~ 941.928.3424
SIESTA KEY CONDOS – 1ST QTR 2014 COMPARISON TO 1ST QTR 2013 Price Point Under $500,000 $500,001 to $1,000,000 $1,000,001 to $2,000,000 Over $2,000,000
Total
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
2014
50
125
7.5
$322,515
2013
44
-
-
$326,964
Change
+14%
-
-
-1%
2014
17
69
12.2
$686,954
2013
22
-
-
$726,466
Change
-23%
-
-
-5%
2014
2
20
30
$1,450,000
2013
6
-
-
$1,370,208
Change
-67%
-
-
+6%
2014
1
6
18
$2,300,000
2013
1
-
-
$2,049,200
Change
0%
-
-
+12%
2014
70
218
9.3
$471,485
2013
73
-
-
$556,700
Change
-4%
-
-
-15%
FEATURED LISTINGS
5330 Siesta Cove Drive + Lot $3,350,000
5330 Siesta Cove Drive $2,350,000
8015 Midnight Pass Road $1,299,000
458 Island Circle $1,295,000
449 Canal Road $1,295,000
1258 Riegels Landing Drive $999,000
10 Lands End Lane $875,000
526 Treasure Boat Way $824,900
SIESTA KEY SINGLE FAMILY HOMES – 1ST QTR 2014 COMPARISON 1ST QTR TO 2013 Price Point Under $500,000 $500,001 to $1,000,000 $1,000,001 to $2,000,000 $2,000,001 to $4,000,000 Over $4,000,000
Total
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
2014
7
9
3.9
$400,014
2013
12
13
3
$414,533
Change
-42%
-31%
+30%
-4%
2014
14
42
9
$682,081
2013
23
39
5
$681,930
Change
-39%
+8%
+80%
0%
2014
12
34
8.5
$1,392,971
2013
7
41
18
$1,303,573
Change
+71%
-17%
-53%
+7%
2014
0
36
N/A*
*
2013
3
32
32
$2,233,333
Change
N/A*
+13%
N/A*
*
2014
2
26
39
$5,660,000
2013
2
26
39
$7,125,000
Change
0%
0%
0%
-21%
2014
35
147
12.6
$1,153,854
2013
47
151
10
$1,079,443
Change
-26%
-3%
+26%
+7%
* Cannot be determined with 0 sales activity for the quarter
A SELECTION OF HOMES SUCCESSFULLY SOLD BY JUDIE BERGER SOLD
SOLD
SOLD
SOLD
7805 Midnight Pass Road $2,700,000 List Price
13211 Palmers Creek Terrace $1,695,000 List Price
3147 Founders Club Drive $1,395,000 List Price
7251 Plovers Way $1,295,000 List Price
SOLD
SOLD
SOLD
SOLD
5322 Siesta Cove Drive $1,250,000 List Price
5415 Azure Way $1,249,000 List Price
5353 Cape Leyte Drive $1,085,000 List Price
5303 Cape Leyte Drive $925,000 List Price
TRUST THE REALTOR WITH PROVEN RESULTS
941.928.3424 – judie.berger@sothebysrealty.com ©2014 Premier Sotheby’s International Realty. All rights reserved. This material may not be reproduced, displayed, modified or distributed without the express prior written permission of the copyright holder. Premier Sotheby’s International Realty is a holding of The Lutgert Companies. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered service marks used with permission. Each office is independently owned and operated. Equal Housing Opportunity. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Based on information from Mid-Florida MLS for the period January 1, 2013 to April 1, 2014. These properties were not all listed and/or sold by Premier Sotheby’s International Realty and were listed and/or sold by various MLS participating offices. Information deemed accurate but not guaranteed. *Source: BrokerMetrics® and proprietary data. Sales volume of residential homes, condominiums and vacant land that listed, closed and recorded in MLS plus proprietary records.
Judie Berger, PA, ABR, GRI Premier Sotheby’s International Realty The Plaza at Five Points 50 Central Avenue, Suite 110 Sarasota, Florida 34236
Trust the Power of Your Siesta Key Expert and Premier Sotheby’s International Realty “Without a doubt you are the best we have ever worked with. A true professional. Judie, as sellers we could not be happier. As good as you are at all the other Realtor skills; you absolutely shine as a negotiator. You are a credit to your profession.” —Peter & Mary Gravelle, Sarasota, FL and Plymouth, MA “Judie represented me in the sale of my home with grace, a great attitude, and professionalism. I couldn’t be more pleased with her tireless efforts and the results. I will refer her to everyone I know, and use her again in my future transactions.” —Jonathan Stahr, Siesta Key, FL and Elkhart, IN “Judie sold our home in two days for more than list price, and at a much higher price than similar homes in our neighborhood. She was precise, thorough and an excellent negotiator. We have already referred her to other neighbors.” —Fred and Cathy Crehan, Siesta Key, FL “We wish to express our thanks with the way you represented the sale of our home, as well as the purchase of our new home. I have been involved in hundreds of real estate transactions during my career, so I understand the time and effort it requires from listing to closing. We both appreciate your extraordinary, friendly, courteous and professional style.” —Gary & Yvonne Fadely, Sarasota, FL and Topeka, KS
Judie Berger Your Leader in Siesta Key Home Sales Judie Berger
REALTOR® Top Producer on Siesta Key
941.928.3424
judie.berger@sothebysrealty.com 8 Years in a Row
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