Tuesday, August 7, 2012

Focus On: Palmer Ranch

Palmer Ranch always ranks high on buyer's wish lists because of it's proximity to Siesta Key, manicured landscape, and attractive gated communities.

Here's a quick snapshot of what is happening in the Palmer Ranch real estate market from January 1 to August 7th, 2011 versus the same period in 2012.  These figures are for single family homes only:

Units sold:  134 in 2012         96 in 2011

Median sold price:  $337,500  2012        $339,500  2011

Median sold price per sq ft:  $149.53  2012        $148.47  2011

List price to sold price ratio:  95% in 2012 and 2011

Days to close:  111 in 2012        134 in 2011

It appears that the real estate market in Palmer Ranch has stabilized nicely and activity has picked up significantly in 2012.

You can view Palmer Ranch single family home listings and condo listings on www.davidbarrhomes.com with no sign up required.



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