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Casey Key Real Estate Update - 2010

Posted by John Allen on Tuesday, January 12th, 2010 at 9:11am.

Casey Key homesLuxury homes have lagged in the comeback of Florida real estate, but as we noted in July and October 2009 market reports, Casey Key home sales are on the move. There’s a very nice selection of waterfront Casey Key homes available for sale. Buyers continue to surf and shop for homes that are well priced for the market. Sellers are working with offers and deals are being made. We’ve been showing small beach houses as well as much larger ranch style houses and luxurious waterfront estates. Activity is once again on the rise on this private tropical paradise.

The beauty and privacy of Casey Key are what draw the affluent, entertainers, movie stars and authors to this tropical island. Residents walk the beaches, explore the jetties, and are awed by the vistas of the Gulf of Mexico. This tropical island is lush with foliage, wildlife and array of architectural styles sought after by many camera buffs and adventurers.

You’ll see walkers, bikers and Mote Marine volunteers during sea turtle season on Casey Key tending turtle nests. Baby turtles make their way to the Gulf waters as does the mamma so be careful at this time of the year.

Prime waterfront real estate is found on Casey Key as this island stretches between the Gulf of Mexico and Sarasota Bay. Currently the Sarasota MLS system reports 49 homes for on Casey Key, FL. Prices of homes range from $900,000 to $14,999,000 for a home with an original selling price of $20 million. Gulf-to-Bay properties are magnificent and have always commanded top prices. If you are looking for a waterfront home with plenty of space, magnificent views and unmatched privacy, this could be the perfect time to schedule a private preview of Casey Key homes.

Casey Key Real Estate Activity

Casey Key Home Inventory

  • Current Listings: 49
  • Highest Priced Home: $14,999,000
  • Lowest Priced Home: $900,000
  • Average Listing Price: $3,526,753
  • Median Listing Price: $2,695,000
  • Pending (under Contract) Sales: 4

Casey Key Sales (Past 6 months)

  • Total Sales: 8
  • Highest Sale: $9,900,000
  • Lowest Sale: $958,000
  • Average Sale Price: $3,652,250
  • Average Sale Price PSF: $628/ft
  • Median Sale Price: $2,550,000

For more area information, visit our comprehensive Casey Key real estate section where you can view detailed information on the island and view all of the active MLS listings. Contact John Allen direct at 941-544-6467 with any questions or to schedule a private tour of properties on Casey Key.

1 Response to "Casey Key Real Estate Update - 2010"

Pat wrote: Thanks for the update!!! Wow, awesome real estate blog.

Posted on Friday, February 19th, 2010 at 12:42am.

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