Here is the latest absorption rates for Siesta Key as of 10/15/16. 50k-550k 195 active, 46 under contract, with an absortion rate of 4 months. 500k-1 million 44 active, 2 under contract, and an absorption rate of 22 months. 1 million and above looks strong. 32 active,3 under contract, and a final absorption rate of 11 months. The Siesta Key real estate market is continuing to improve. It's a great place for millenials and young professionals. If you have any Real Estate questions about Sarasota contact Brent Tipton .
