Welcome to Coral Cove

 

  

Coral Cove is a wonderful West of the Trail Waterfront Neighborhood in Sarasota, Florida.  It features Prime Bay Front and Canal Front Home Sites as well as Interior Homes.  There are 204 Single Family Homes ranging from $170,000's for Interior Homes to over $4,000,000's for Bay Front Homes. 

 

Enjoy all sorts of waterfront activities from the Community Boat Ramp!

 

Another attractive feature is the Community Park with abundance of Shade Trees and several Picnic Benches.


Sampling of Properties in the community.  For more information please call Team Rickards at 941-954-1000.

 

   

 


REAL ESTATE MARKET UPDATE AS OF 9/1/2009

SUMMARY OF BAYFRONT HOMES FOR SALE AS OF 9/1/2009

Homes for Sale

Months of Inventory

Avg Year Built

Avg. List Price

Avg Living Area Sq Ft

Avg Price per Sq Ft

Avg Days on Market

5

60

1983

$2,219,800

4222

$516.04

593

SUMMARY OF CANALFRONT HOMES FOR SALE AS OF 9/1/2009

2

24

1978

$749,500

3122

$241.16

560

SUMMARY OF NON WATERFRONT HOMES FOR SALE AS OF 9/1/2009

Homes for Sale

Months of Inventory

Avg. Year Built

Avg. List Price

Avg. Living Area Sq Ft

Avg. Price per Sq Ft

Avg Days on Market

3

18

1965

$275,600

1652

$168.09

421

SUMMARY OF BAYFRONT HOMES SOLD BETWEEN 9/1/2008 & 9/1/2009 & COMPARISON TO LAST YEAR

Homes Sold

Avg Sales Price

Avg Living Area Sq Ft

Avg price per Sq Ft

Avg % of List Price

Avg Days on Market

9/1/2008 to 9/1/2009

1

$1,250,000

3185

$392.46

78%

189

9/1/2007 to 9/1/2008

1

$3,912,400

5531

$707.35

73%

257

Difference (+/-)

-$2,662,400

-2346

-$314.89

+5%

-68

SUMMARY OF CANALFRONT HOMES SOLD BETWEEN 9/1/2008 & 9/1/2009 & COMPARISON TO LAST YEAR

Homes Sold

Avg Sales Price

Avg Living Area Sq Ft

Avg price per Sq Ft

Avg % of List Price

Avg Days on Market

9/1/2008 to 9/1/2009

1

$425,000

2105

$201.90

94.65%

328

9/1/2007 to 9/1/2008

3

$1,376,666

2623

$463.84

90%

294

Difference (+/-)

-$951,666

-518

-$261.94

+4.65%

-34

SUMMARY OF NON WATERFRONT HOMES SOLD BETWEEN 9/1/2008 & 97/1/2009 & COMPARISON TO LAST YEAR

Homes Sold

Avg Sales Price

Avg Living Area Sq Ft

Avg price per Sq Ft

Avg % of List Price

Avg Days on Market

9/1/2008 to 9/1/2009

2

$207,000

1804

$115.13

86%

175

9/1/2007 to 9/1/2008

1

$270,000

1599

$168.00

100%

16

Difference (+/-)

-$63,000

+205

-$52.87

-14%

+159

DETAILS ON INDIVIDUALHOMES SOLD BETWEEN 9/1/2008 AND 9/1/2009

Address

Year Built

Beds

Baths

Pool

Waterfront

Sq Ft

Sold Price

$ per Sq Ft

% of List Price

Days on Market

Date Sold

1636 Caribbean Drive

1957

3

2.5

Y

BayFront

3185

$1,250.000

$392.46

78%

189

4/21/2009

1901 Upper Cove Ter

1968

4

2.5

Y

Canal Front

2105

$425,000

$201.90

94%

328

5/19/2009

1819 Caribbean Drive

1972

2

2

Y

Non WF

1629

$194,000

$119.09

81%

84

6/8/2009

1901 Caribbean Drive

1960

3

2

Y

Non WF

1979

$220,000

$111.17

92%

266

2/27/2009

 

CALL TEAM RICKARDS TODAY

FOR MORE INFORMATION AT 941-954-1000