Health & Fitness
Sand Key Condo Sales June 2014
Get the most up to date information about Sand Key Condo sales.
Overview of Sand Key Condo Sales June 2014
Sand Key condo sales June 2014 included 20 condo sales which had an average sale price of $483,000 based on information from the Multiple Listing Service. Sand Key condo sales prices in June ranged from $199,000 for a bank owned studio apartment in Landmark Towers to a 3 bedroom 2 bath Meridian beachfront unit for $800,000. The $483,000 average sales price is 3% lower than the $499,000 2014 year to date average but higher than the $477,000 2013 Sand Key average sale price.
Sand Key condo price trends show an upward trend in average sales prices based on year to date numbers vs 2013 and 2012. The "typical" sale in Sand Key in June 2014 was a 2 bedroom 2 bath condo with about 1,500 square feet priced at about $500,000. See the latest Sand Key Condo Sales trends at our website with graphs and charts and individual condo sales.
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The days on market for Sand Key condo sales in June 2014 was 179 days. The 179 days on market a bit higher than the 156 days in 2013 but less than the 2012 average of 199 days.
There was only one Bank Foreclosure sale in June and no Short Sales, which is consistent with lower distressed property sales throughout Pinellas County.
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98 condos were for sale in Sand Key at the end of June 2014. With an average of 14 sales per month, this translates to about 7 months of inventory. This is just slightly higher than the 6 month inventory that is generally considered to be a “balanced market”. This makes the current Sand Key condo market just a bit of a "buyers market". What this means to sellers is that they need great marketing and exposure of their properties if they want to sell. What it means to buyers is there is a lot to choose from and it’s not too late to get a good deal if you want to live in Sand Key Florida.
The three highest priced Sand Key sales in June were at the Meridian and the Grand on Sand Key. There were two sales each in the Isle of Sand Key, and Ultimar. See all the details on the Sand Key Condo Sales section of our blog on www.ClearwaterBeachCondoLiving.com
We hope you found this summary of Sand Key Condo Sales June 2014 informative and useful. If we can help you in any way in buying or selling a condo or home here in the Sand Key/Clearwater Beach area, please give us a call at 727-755-0216 or use the Contact Form to get in touch with us.
