Thinking about buying a condo on Lido Key? Here is a market update for Lido Key condos for sale:

• 101 condos currently for sale
• Lowest priced condo – $169,900
• Highest priced condo – $6,985,000 – Orchid Beach Club
• 7 Lido Key condos currently pending and waiting to close

Lido Key Condos Sold in 2009

• 36 Lido Key condos sold so far in 2009
• Highest sales price – $3,050,000 – Ritz Carlton Beach Residences
• Lowest sales price  – $196,322
• Average sales price – $920,466
• Median sales price – $530,000

Visit my Sarasota MLS if you want to search for Lido Key condos for sale.

Lido Key Condos Sold in August 2009

• 7 Lido Key condos sold in August of 2009
• Lowest sales price – $280,000
• Highest sales price – $2,350,000 – Orchid Beach Club
• Average sales price – $855,428
• Median sales price – $485,000

If I can help you buy or sell Sarasota real estate call me at 941.812.6272.

Looking for a powerful engine to search the Sarasota MLS? Take a look at my other website http://www.luxurysarasotarealestate.com/idx. You can look at properties for sale in Sarasota and Manatee counties including Siesta Key, Lido Key, Longboat Key, Bird Key, Casey Key and Lakewood Ranch.

A new feature that I just had built is my new “keyword” search query. Haven’t you ever just wanted to query by a keyword or phrase? Well, now you can do it. Go to my website and give it a whirl.

If I can help you with a purchase or sale in Sarasota give me a call at 941.812.6272.

Wikipedia’s definition of MLS:

A Multiple Listing Service (MLS) (also Multiple Listing System or Multiple Listings Service) is suite of services that (1) enables brokers to establish contractual offers of compensation; (2) facilitates cooperation with other broker participants; (3) accumulates and disseminates information to enable appraisals; (4) is a facility for the orderly correlation and dissemination of listing information to better serve broker’s clients, customers and the public. A multiple listing service’s database and software is used by real estate brokers representing sellers under a listing contract to widely share information about properties with real estate brokers who may represent potential buyers or wish to cooperate with a seller’s broker in finding a buyer for the property. The listing data stored in a multiple listing service’s database is the proprietary information of the broker who has obtained a listing agreement with a property’s seller.

The Sarasota Association of Realtors recently joined the Mid Florida MLS. This multiple listing services is one of the largest in the country. It covers a large area of central Florida including Orlando, Tampa, Sarasota, and parts of the east coast. Go to my Sarasota MLS search to view virtually every property listed with the Sarasota Association of Realtors. It is not the actual Sarasota MLS but it is a window that allows you to view most of the properties listed there.