Latest Real Estate Trends: Palmer Ranch

Palmer Ranch is hot, hot, hot!  In the last 60 days 57 single family homes have gone under contract with an average list price of $417,199.  That’s $162.43 per square foot.  The highest list price was $1,300,000 in Silver Oak and the lowest at $194,199 in the Hamptons.  Most are 3 bedroom/3 bath pool homes.

There are presently 96 active listings in Palmer Ranch ranging in price from $229,000 in the Hamptons to $1,745,000 in Prestancia.

Almost any single family home under $300,000 in good condition gets a lot of attention!  Anything under $250,000 seems to attract multiple offers. Some of the most sought after Palmer Ranch communities are Wellington Chase, The Hamptons, Gulf Gate East, The Isles and Village Walk.

There’s plenty of movement in the Condo Market in Palmer Ranch, with 76 active listings. They range in price from $$79,900 for a 1 bedroom/1bath in Bella Villino to a 4 bedroom 3 bath in Valencia in Prestancia. Since the beginning of the year 30 condos in Palmer Ranch have gone under contract.  From a 2 bedroom 1 bath in Serenade of Palmer Ranch to a 2 bedroom 2 bath condo in Botanica there is something for everyone!  So many condos to choose from depending on your budget and lifestyle. 

If tennis is your game check out Pinestone with an active social calendar or Stoneybrook where golf rules! The Isles of Palmer Ranch and Village Walk offer tennis and countless activities to choose from. Don’t forget the Legacy Trail on Palmer Ranch!

Interested in tennis in Sarasota?  Keep exploring our blog and check out Tennis Heaven