Palm Aire Sales Up for 2011

Fairway View at Pal Aire Country Club in Sarasota FL
Palm Aire sale numbers are up for this year compared to the same period last year with single digit increases across the board.  These are not the big numbers places like Bird Key  put up this year but units sold up by 5%, average sale price up 2% and average sale price per square foot are all good news.  The exciting fact about these numbers is that they are sustainable over the long haul.
  2010  2011   % Change
Units Sold    108  113  +5%
 Avg. Sq. Ft.   2,231  2,183 -2% 
 Avg. Sales Price $296,556 $302,485 +2%
 Avg List Price / sq. ft.  $130.90  $137.23 +5% 

 Avg. Sold Price / sq. ft.




Median List Price   $250,000 $259,000  +4% 
 Median Sales Price  $238,750 $245,000 +3%
 Median List Price / sq. ft.   $124.63 $131.37 +5%
 Median Sold Price / sq. ft.   $117.67 $122.80 +4%

Looking behind the numbers and the short sales and foreclosure listings are at or below the broader Sarasota market.  There are only 7 short sale listings out of the total 58 listings (12%), 12 of the 27 pendings are short sales (44%) and 19 of the 113 sold properties (17%) were short sales.  All of the short sale numbers for Palm Aire are pretty much similar or better than the broader market.

Palm Aire is a quiet well-maintained golf community without any of the residents being required to join.   Enjoy tree-lined streets and manicured settings with the assurance the community will continue to be well maintained and desirable for years to come.  The community is made up of many subdivisions that offer single-family homes, villa homes and condominiums;  some are even gated.

When it comes to finding that special home in Palm Aire, John Woodward and his team is ready to go to work for you.  Give him a call at 941-922-8400.