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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Lakewood Ranch in Sarasota, Florida

Reported by Keith Kropp, REALTOR, GRI, ePro

Updated May 4, 2012.

Current Market Rating: 4




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Buyer's

Seller's

Current Price Trend: 4




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Falling

Rising

Lakewood Ranch is one of the very few communities in the state of Florida where new home construction is very active. There were a total of 71 closings in Lakewood Ranch for the month of March, 30% were distressed sales, either bank-owned or short sales, and 45% were cash sales. The highest price home sold last month was $989,000 and the lowest priced home sold was a condominium short sale for $49,900. The median price in March was $324,535. There are 266 active listings and 144 pending contracts. New homes start in the low $100's. Builders have re-tooled and downsized their selections for today's market. Lakewood Ranch is one of the GREENest communities in the nation and the builders in Lakewood Ranch are building GREEN! For more information and an appointment to tour Lakewood Ranch contact Keith Kropp at 941-365-0174 for a free list of available properties. Or email me at keith@keithkropp.com.

ZIP Codes: 34240, 34202

Approximate Location Boundaries: I-75 and University Parkway

Location Characteristics: Lakewood Ranch is considered to be Florida's premier master-planned community comprised of eight villages, three Arnold Palmer-designed golf courses, an Athletic Center, community parks and recreation trails, nine world class polo fields, both public and private schools from pre-school to higher education, commercial centers including Main Street with boutiques, eateries and a cinema, healthcare, business centers and more. Lakewood Ranch is a GREEN community and many of the builders build to various levels of GREEN. Lakewood Ranch really is a community where you are able to live, work and play! All conveniently located to major roadways as well as easy access to Sarasota, Bradenton and even Tampa!

For More Information:

View Market Conditions of other areas served by Keith Kropp

Navigate: Top > Florida > Sarasota > Lakewood Ranch

About Keith Kropp:
27 Years of Real Estate Success in Southwest and Central Florida!


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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