Sarasota County Luxury Real Estate Foreclosure Index Report

As of April 30th, 2010, there were 31 Luxury Short Sales and 10 luxury foreclosures that had closed in the last 6 months. The average sold price of the preforeclosures were $$1,294,185. That price was 83.4% of the original list average price of $1,551,208. The average sold price of the luxury foreclosures were $1,292,270 with only 3 months of inventory left. The inventory and average days on the market of Sarasota luxury foreclosures and short sales (preforeclosures) continue to decline. Sarasota is located in Southwest Florida on the Gulf of Mexico

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