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Cherokee Park 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 93.0% of list price in 129 days on average.

Average price, last 12 months

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

List · $2.2M Sold · $2.02M
$4.4M$3M$1.6M$200K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 3 sales in Apr. Last month: 2.

Where the market stands

All homes in this report, by status.

16homes
Active5 · 31%
Under contract1 · 6%
Sold (12 mo)10 · 62%

Buyer's or seller's market?

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

7.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$4.24M
Under contract$6.95M
Sold$2.53M

Average days on market

Active138 days
Under contract216 days
Sold129 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 5
Average list price $4,238,000
Avg. days on market 138 days
Avg. price per ft² $937 Based on 3 of 5 homes
Avg. living area 3,811 ft² Based on 3 of 5 homes
Avg. beds / baths 4.0 / 3.7

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

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

$15M$10M$5M$0

Price vs. living area: 3 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.

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

Highest price per ft²

Top 3 homes in this status.

3000 Southwest Drive$1,476
1722 North Drive$1,117
Address not available$219

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1620 N Lodge DriveSarasota, FL 34239 ———$4,500,000—21 days
Address not availableHolly Hill, FL 32117 421,116$245,000$21968 days
1722 North DriveSarasota, FL 34239 322,193$2,450,000$1,11777 days
1749 Cherokee DriveSarasota, FL 34239 ———$2,000,000—237 days
3000 Southwest DriveSarasota, FL 34239 578,125$11,995,000$1,476286 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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