Gulf Gate Sales Up Modestly
2010 | 2011 | % Change | |
Units Sold | 88 | 92 | +5% |
Avg. Sq. Ft. | 1,570 | 1,551 | -2% |
Avg. Sales Price | $156,571 | $145,255 | -7% |
Avg List Price / sq. ft. | $107.70 | $100.98 | -6% |
Avg. Sold Price / sq. ft. |
$99.71 $13,448,248 |
$93.87 $13,363,460 |
-6% -3% |
Median List Price | $159,950 | $149,450 | -9% |
Median Sales Price | $150,000 | $139,450 | -7% |
Median List Price / sq. ft. | $108.10 | $98.61 | -9% |
Median Sold Price / sq. ft. | $99.41 | $92.75 | -7% |
External markets to Gulf Gate, specifically the waterfront communities of Sarasota are showing greater increases in units as well. The smart money knows this area is all about the water. The world-class beaches and markets like Siesta Key Condos are up 18% and Bird Key a whopping 50% with huge gains in prices as well. These markets may be indicators of where the off-water homes will be headed as well. As the saying goes, "a rising tide lifts all boats."
Gulf Gate and Gulf Gate East are modest well-maintained communites located in South Sarasota within 10 minutes by car to Siesta Key. It is close to shopping, beaches, the interstate and golf.
We are the experts when it comes to finding that special Gulf Gate Home. Give us a call and John Woodward and his team is ready to go to work for you in Sarasota. Call him at 941-922-8400.
John Woodward
Broker/Owner
Sarasota Real Estate Group