Rotonda, Florida Real Estate
Statistics posted monthly, approximately the 10th of the month for the preceding month. If this report is not for the most recent month, Click here for most recent area real estate sales statistics. Then bookmark that page to get the most recent updates every month…
Prices for homes and land in Rotonda, FL are at the lowest level in years and there are fantastic bargains available. Buyers have returned to take advantage of the bargains. While sales volume is not at the level of two years ago, business is good. Home prices are leveling out while land prices are at rock bottom.
Rotonda is divided into several sections. These include Rotonda West, Rotonda Lakes, Rotonda Sands, Rotonda Villas and Meadows and Rotonda Heights.
Rotonda West is further divided into seven pie shaped subdivisions: Oakland Hills, Pebble Beach, Pinehurst, Broadmoor, Long Meadow, White Marsh and Pine Valley, named to emphasize the golf course community.
Rotonda West is the most fully developed and therefore has the most resale homes. Rotonda Heights and Rotonda Lakes also have resale homes while the remaining communities are less developed resulting in few resale homes. Most of the real estate sales in Rotonda Sands, Rotonda Villas and Meadows are vacant lot sales.
There area currently 304 homes for sale in Rotonda, Florida. The price range is $99,000 – $799,900. The median price is $269,450. The Average price is $288,628.
The breakdown of single-family home sales is as follows:
5-2008: 25 homes sold, $84,900- $359,000. Median price: $239,900. Average price: 233,220
4-2008: 18 homes sold, $80,000- $500,170. Median price: $233,500.
3-2008: 15 homes sold, $95,000- $364,000. Median price: $240,000. Average price: $257,115
2-2008: 12 homes sold, $120,000- $352,500,. Median price: $209,000.
1-2008: 16 homes sold, $100,000- $367,500, Median price: $187,000.
12-2007: 15 homes sold, $120,000- $536,000. Median price: $230,000.
11-2007: 7 homes sold, $135,000- $420,000. Median price: $215,000.
10-2007: 15 homes sold, $100,000- $320,000. Median price: $211,000.
9-2007: 23 homes sold, $135,000- $420,000. Median price: $248,500.
8-2007: 15 homes sold, $120,000- $450,000. Median price: $230,000.
7-2007: 11 homes sold, $120,000- $329,000. Median price: $232,000.
6-2007: 16 homes sold, $159,000- $460,000. Median price: $235,000.
5-2007: 17 homes sold, $175,000- $465,000. Median price: $300,000.
4-2007: 14 homes sold, $197,500- $400,000. Median price: $255,000.
3-2007: 12 homes sold, $185,000- $375,000. Median price: $255,000.
2-2007: 8 homes sold, $235,000- $385,000. Median price: $250,000.
1-2007: 7 homes sold, $230,000- $470,000. Median price: $329,000.
12-2006: 18 homes sold, $192,500- $449,000. Median price: $309,000.
11-2006: 17 homes sold, $165,000 – $390,000. Median price: $245,000.
10-2006: 2 homes sold, $213,000 and $235,000
9-2006: 3 home sold, $158,000 – $290,000. Median price: $280,000
8-2006: 4 homes sold, $205,000 – $540,000. Median price: $300,000
7-2006: 7 homes sold, $210,000 -$372,000. Median price: $280,000
6-2006: 17 homes sold, $220,000 – $505,000. Median price: $330,000
Many condominiums in Rotonda, FL (Rotunda, FL), FL are new construction mixed with resales. The slow market in 2006 has extended to 2007 and there are many exceptional deals awaiting qualified buyers. There are currently 47 condos for sale in Rotonda, Florida MLS system. The price range is $69,900 to $269,000. The Median price is: $149,900. The average price: $150,552.
SOLD:
5/2008: 1 sold : $163,000
4/2008: 0 sold
3/2008: 0 sold
2/2008: 0 sold
1/2008: 0 sold
12-2007: sold, $74,124 and $194,000
11-2007: 0 sold
10-2007: 0 sold
9-2007: 0 sold
8-2007: 0 sold
7-2007: 1 sold, $90,000
6-2007: 0 sold, $0
5-2007: 1 sold, $159,900
4-2007: 0 sold
3-2007: 0 sold
2-2007: 0 sold
1-2007: 2 sold, $140,000 and $214,000
12-2006: 1 sold, $105,000
11-2006: None sold
Five have sold since June 1, 2006, $111,500 – $215,000. Median price: $199,000.
The sale of lots in Rotonda, FL (Rotunda, FL), FL has also been quite slow in 2006 and this continues into 2008. Prices have fallen due to very high inventory and the need for many owners to liquidate assets. There seems to be very little evidence that the price of vacant land will rebound in the near future. For someone intending to purchase a lot for their personal use, that is to build a home in the near future (within 5 years), this is an excellent time to buy. Rotonda Lakes is an especially attractive community with great lots, beautiful homes and steady development. Rotonda West is also a great place to build a home but lots there are somewhat more expensive. Rotonda West lots are also (in general) a bit larger than Rotonda Lakes lots and much closer to the golf courses. In some cases, one can purchase a Rotonda West building site that is directly on a golf course.
There are presently 824 building lots for sale in Rotonda, Florida. The price range is $8,900 for a lot in Rotonda Meadows and Villas to $280,000 for a ridiculously overpriced parcel in Rotonda West. The median asking price is $49,900. The stats represent a huge drop in price in the Rotonda West sections where lots that once sold at over $100,000 are now selling for much less. Other sections of Rotonda have had similar price reductions.
For the purpose of this report we have discarded oversize lots and multiple lot offerings. In the many sections of Rotonda, the price of vacant land will vary greatly depending upon age of surrounding homes, number of area homes, size of the lot, etc… Before using this data to value your specific lot, please call or write so we can perform an area analysis. Furthermore, all the high asking prices are outrageously overpriced for today’s conditions. Sales stats tell more of the story. Buyers who want a very nice lot on a golf course can now find great prices. They no longer have to settle for poor quality or location.
Sold:
5-2008 – 2 sold, $10,000 – $24,000.
4-2008 – 14 sold, $9,500 – $71,500. Median price: $26,250 Average price: 27,661
3-2008 – 18 sold, $9,500 – $45,000. Median price: $11,500
2-2008 – 22 sold, $9,500 – $85,000. Median price: $10,000
1-2008 – 9 sold, $12,500 – $55,000. Median price: $23,000
12-2007 – 11 sold, $8,250 – $55,000. Median price: $16,000
11-2007 – 7 sold, $11,000 – $57,000. Median price: $45,000
10-2007 – 14 sold, $13,000 – $70,000. Median price: $15,000
9-2007 – 6 sold, $15,000 – $76,000. Median price: $25,000
8-2007 – 11 sold, $13,000 – $84,000. Median price: $34,000
7-2007 – 8 sold, $33,500 – $89,000. Median price: $43,000
6-2007 – 15 sold, $17,000 – $61,000. Median price: $17,000
5-2007 – 14 sold, $15,000 – $59000. Median price: $25,000
4-2007 – 25 sold, $17,000 – $95,000. Median price: $25,833
3-2007 – 10 sold, $19,900 – $89,900. Median price: $23,500
2-2007 – 13 sold, $17,000 – $55,000. Median price: $34,900
1-2007 – 21 sold, $20,000 – $122,000. Median price: $44,900
12-2006 – 26 sold, $17,000 – $127,500. Median price: $18,000
11-2006 – 20 sold, $17,500 – $69,900. Median price: $25,500.
Your Suncoasteam is committed to finding the best property available to fit your needs. We work for you to get the best deal possible. If you’re not happy, we’re not happy. Please consider Your Suncoasteam when buying and selling real estate in Rotonda, FL (Rotunda, FL).
Andy Leonard and Jim Mulligan are real estate brokers serving Rotonda, FL (Rotunda, FL), FL and the surrounding areas. The following handy links, will take you to our Rotonda, Florida real estate search of MLS systems. Your Suncoasteam’s MLS search for Rotonda, FL (Rotunda, FL), FL is the most comprehensive service provided by any broker in southwest Florida. Please “bookmark†this search page and use it as your exclusive source for real estate in Rotonda, FL (Rotunda, FL).
Rotonda (Rotunda) West All Sections:
Homes For Sale In Rotonda (Rotunda) West, Florida
Condos For Sale In Rotonda (Rotunda) West, Florida
Lots and Land For Sale In Rotonda (Rotunda) West, Florida
James B. Mulligan, Licensed Real Estate Broker
PO Box 380503
Murdock, FL 33938
Jim Mulligan (941) 456-3034
Andy Leonard (941) 662-0033
sales@avalonsuncoast.com“>Questions sales@avalonsuncoast.com