David Barr's Sarasota and Venice Real Estate Blog

Here's my weekly update on Venice FL home sales that showed appreciation over their previous sale. A 3 bedroom 2 bath home on Venice Island, just a block from the beach, just sold for $390,000 after 22 days on the market. The previous sale was $120,000 in 1994. Venice Island real estate is in high demand and this home represented an excellent value based on it's proximity to the beach and it's large 12,000 square foot lot. This home would be a good candidate for a tear down or for a major renovation. For current Venice Island real for sale, please visit my website  http://www.davidbarrhomes.com/#!venice-island-fl-real-estate/c5bz

Here's my weekly update on high and low real estate sales last week for Sarasota. The most expensive sale last week was on Bay Island on Siesta Key.  A five bedroom, six and a half bath single family home with 6,438 sq. ft. and full Sarasota Bay views sold for $5,100,000 in 198 days at 96% of the original list price. We have a tie among the lowest sales last week, and both were villas.  One villa in Strathmore Villas (17th St. and Beneva Rd.) sold for $60,000, $1 over list price after 24 days on the market.  The other villa sold in Summerwind (Old Bradenton Rd. just south of 47th St.)  It was a short sale that also sold for $60,000, 92% of the original list price after 720 days on the market. For more real estate information and the latest property listings in Sarasota, please visit www.sarasotahomesforsale.us.

Here's an update on last week's highs and lows in Venice FL real estate. Venice's least expensive sale was a condo on Venice Island in Holiday Apartments.  This 2 bedroom and 2 bath unit sold after 2 days on the market for $85,000, just over the list price of $84,900.  This unit had and updated kitchen and appliances. Venice's most expensive sale last week was a 3 bedroom, 3 bath home in The Lakes of Jacaranda.  It sold for $450,000 in 10 days at 97% of the original list price. For more information on Venice FL real estate, please visit www.davidbarrhomes.com.

Sarasota's most expensive real estate sale last week was also one that showed an impressive increase in value over it's previous sale. A single family, 7 bedroom,  5 and a half bath beachfront home on Siesta Key in The Sanderling Club sold for $6,250,000, 84% of it's original list price after 271 days on the market.  The property last sold in 1988 for $955,000. For more information on Sarasota real estate, please visit www.sarasotahomesforsale.us .

The Venice FL real estate market is showing some signs of improving over the 2008 market crash. A pool home recently sold on Venice Island in Golden Beach for $649,000, a healthy increase over it's last sale in 2006 for $495,000. While Sarasota is showing more of a general improvement in prices for most property types, prices, and locations, the recovery in Venice seems to most prevalent among entry level homes, new construction, and homes in high demand areas, such as this property in Golden Beach on the Island. Examples are recent sales in Pelican Pointe and Venetia .  Two upscale homes recently sold in these neighborhoods at prices that were lower than their previous sale price. For all your Venice FL real estate needs and to browse property for sale, please visit my website www.davidbarrhomes.com

Sarasota real estate continues it's healthy recovery.  Here's an update for a regular feature here on my blog I call Capital Gains. Last week a property sold for $3,100,000 in Vista Bay Point, a luxury condo located on Golden Gate Point . It last sold for $1,930,000 in December 2005. The condo was a 3 bedroom, 3 and a half bath penthouse unit with Sarasota Bay Views.  It sold after 818 days on the market, at 89% of list price. Subscribe to this blog for the latest Sarasota real estate news, and visit www.sarasotahomesforsale.us   for property listings and local information.

Here's a look at this week's highest priced and lowest priced real estate sales in Venice FL. The Highest In Venice this week, the highest priced sale was a pre-construction new home in Grand Palm for $655,890.  This pool home , a Captiva model, will have a three-car garage , three bedrooms and three baths, with 2,698 square feet under air.  You can view the MLS report here . The Lowest A 1 bedroom, 1 bath condo in downtown Venice was this week's lowest priced sale at $114,900, which sold in 1 day on the market at full listing price.  Terms were all cash.  View the MLS property report here . For more Venice FL real estate, visit my website www.davidbarrhomes.com

Let's take a look at the highs and lows of Sarasota real estate this week. The Highest The highest priced sale in Sarasota was a single family home West of the Trail  for $4,100,000, 89% of the list price after 211 days on the market.  You can view the property report from the MLS here . The Lowest The lowest priced sale was a 3 bedroom, 2 and a half bath townhome for $36,900.  It sold after 9 days on the market at full list price for cash.  You can view the property report from the MLS here . For Sarasota real estate, visit www.sarasotahomesforsale.us .

Here's a look at the most and least expensive homes and condos that sold this week in Sarasota and Venice. Sarasota The most expensive single family home sold this week was for $1,600,000, 97% of the original list price.  The property was a 4 bedroom, 4 bath home with 2,965 square feet on Siesta Key. View this home's MLS report . The most expensive condo/villa/townhome sold in Sarasota this week was also on Siesta Key in Summer Cove.  The 3 bedroom, 3.5 bath condo with 2,490 square feet sold for $2,185,000, equalling 95% of the original list price. View this condos's MLS report . Venice Venice's most expensive sold single family home this week was a 3 bedroom, 4 bath pool home on Venice Island just a block off the beach.  It sold for $745,000 in 115 days for 95% of the original list price. View this Venice FL home's MLS report . We have a tie among Venice condos this week, with two that sold for $360,000, both on the Island.  One was...