Sunday, July 26, 2009

Casey Key Florida Home Sales Heating Up

The Summer temperature is not the only thing heating up on Florida's Gulf Coast, Casey Key home sales are heating up as well. Currently the Sarasota MLS reports 49 homes for sale on Casey Key. Our July 2 Casey Key real estate update showed that there were two homes under contract. In our April update, there was only one home under contract. Today there are 5 homes pending with listings prices from $2 million to $8 million – more evidence that the real estate recovery of the luxury market is beginning. Savvy buyers are taking advantage of the current market conditions. There has been one closed home sale on Casey Key in the last 6 months. We represented the buyer for this transaction.
Casey Key Homes
Currently the selection of waterfront Casey Key real estate for sale is excellent. Buyers are surfing listings for fairly priced properties with good value and buying. Small beach houses are booked for showings as well as older ranch style houses that are ready to be razed or updated. Magnificent waterfront mansions are built in place of smaller houses on Casey Key. An $8 million Gulf to Bay residence built in 1990 offering 4 bedrooms is under contract. Activity is once again on the rise.
Affluent home buyers from around the world choose this tropical island for its beauty and privacy. Residents and vacationers love the beaches, the jetties, the waters of the Gulf of Mexico. The natural beauty of this tropical island with its lush foliage, wildlife and array of architectural styles is perfect for every camera buff and adventurer.
A quiet, laid-back community, you’ll see walkers, bikers and Mote Marine volunteers during sea turtle season on the Key tending turtle nests. You’ll have to watch out for little baby turtles making their way to the ocean or the mamma as she makes her way back to Gulf at this time of the year.
Casey Key offers some of the Sarasota area’s prime waterfront real estate as it stretches between the Gulf of Mexico and Sarasota Bay.
Casey Key Real Estate Stats for Last Six Months
  • Highest Priced Home for sale: $17,000,000
  • Lowest Priced Home for sale: $1,295,000
  • Homes Currently Under Contract: 5 ($1,995.000 to $8,295,000)
  • Recent Closed Sales: 1
For more area information, photo galleries, and virtual tours of Sarasota’s barrier island: Siesta Key, Lido Key, Bird Key, Longboat Key, and of course Casey Key, visit our main Sarasota real estate website or contact me direct at 941-544-6467.