Article

Crunching Numbers

By Hannah Wallace August 31, 2004

Median price of a home sold in Sarasota County in 1998: $147,900; in 2003, $226,000; in 2004, $264,000.

Number of homes sold in 2003 for under $75,000 in Sarasota County: 926; for $75,000 to $150,000, 3,610; for more than $225,000, 2,691

Percentage of Sarasota County residents who are renters: 20.95 or 31,406.

Percentage of single-family houses in Sarasota County that are homesteaded: 75, or 79,202

Percentage of Sarasota home owners who pay more than 30 percent of their income toward their housing: 24

Percentage of Sarasota renters who pay more than 30 percent of their income toward housing: 41

Average square footage of a single-family house in Sarasota County: 1,717

Percentage of housing stock deemed affordable, at under $160,000, in North Port: 92

Percentage of housing stock deemed affordable on Longboat Key: 1

Percentage of single-family housing stock deemed affordable in Manatee County: 52

Home ownership rate in the United States in the first quarter of 2004: 68.6 percent; in the South: 70.3; in Florida for 2003: 69.5

Home ownership rate for West Virginia, which showed the highest rate in 2003: 78.1 percent. Lowest rate was District of Columbia: 43 percent.

Percentage by which the number of single-family homes priced at more than $225,000 rose during 2003 in Sarasota County: 21

2003 total assessed value for Sarasota County homesteaded residential property: $15.68 billion

2003 total taxable value for Manatee County homesteaded residential property: $8.09 billion.

Number of single-family houses in Manatee County under $40,000: 1,120.

Number of parcels on Anna Maria Island that cost under $160,000: 48

Number of parcels on Anna Maria Island that cost $350,000 or more: 939

Number of parcels in Bradenton for $160,000 or below: 14,074, or 72 percent.

Number of parcels that cost more than $1 million on Bradenton Beach: 26

Number of parcels that cost more than $1 million on Holmes Beach: 96

Sources: SCOPE, U.S. Census Bureau, Manatee County Property Appraiser's Office, Sarasota Association of Realtors

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