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Central Sarasota Home Values and Market Report

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Report prepared by Mikelchaffeerealtor.com Fine Properties

Market at a glance

Over the last 12 months, homes sold for 94.5% of list price in 80 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $683K Sold · $653K
$1.1M$900K$700K$500K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 137 sales in Mar. Last month: 90.

Where the market stands

All homes in this report, by status.

1,681homes
Active425 · 25%
Under contract90 · 5%
Sold (12 mo)1,166 · 69%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$1.12M
Under contract$678K
Sold$665K

Average days on market

Active121 days
Under contract76 days
Sold80 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 425
Average list price $1,122,336
Avg. days on market 121 days
Avg. price per ft² $411
Avg. living area 2,110 ft²
Avg. beds / baths 3.1 / 2.7

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

6 homes didn’t report living area and aren’t shown.

5 homes are larger or pricier than this chart’s scale and aren’t shown.

$15M$10M$5M$0

Price vs. living area: 239 homes plotted, up to $15M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

25 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

1386 Tangier Way$3,288
1240 Hillview Drive$3,081
1309 Vista Drive$2,348
1406 Tangier Way$1,973
1392 Tangier Way$1,879
1444 Harbor Drive$1,399
1800 Webber Street$1,376

All active listings (425)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
345 Oak Hill Way Unit 30Sarasota, FL 34232 221,354$244,800$1801 day
4975 Live Oak DriveSarasota, FL 34232 321,107$339,900$3071 day
1935 Toucan Way Unit 302Sarasota, FL 34232 221,049$175,000$1661 day
2535 Golden Poinciana PlaceSarasota, FL 34232 321,144$425,000$3711 day
3015 Riviera DriveSarasota, FL 34232 221,676$450,000$2682 days
1959 Wisteria StreetSarasota, FL 34239 342,844$3,135,000$1,1022 days
1057 Willis AvenueSarasota, FL 34232 532,157$625,000$2892 days
4343 Maceachen BoulevardSarasota, FL 34233 221,219$295,000$2422 days
1406 Tangier WaySarasota, FL 34239 433,294$6,500,000$1,9733 days
4419 Rum Cay Circle Unit 12Sarasota, FL 34233 321,804$349,000$1933 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Mikelchaffeerealtor.com Fine Properties

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