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Tropical Shores 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 94.8% of list price in 92 days on average.

Average price, last 12 months

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

List · $512K Sold · $512K
$1.3M$900K$500K$100K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 2 sales in Jan. Last month: 2.

Where the market stands

All homes in this report, by status.

25homes
Active8 · 32%
Under contract3 · 12%
Sold (12 mo)14 · 56%

Buyer's or seller's market?

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

6.9months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$940K
Under contract$788K
Sold$553K

Average days on market

Active91 days
Under contract168 days
Sold92 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 8
Average list price $940,437
Avg. days on market 91 days
Avg. price per ft² $570 Based on 4 of 8 homes
Avg. living area 2,538 ft² Based on 4 of 8 homes
Avg. beds / baths 3.5 / 3.2

Price vs. living area

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

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

$6M$4M$2M$0

Price vs. living area: 4 homes plotted, up to $6M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

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

Highest price per ft²

Top 4 homes in this status.

707 Tropical Drive$836
715 Oak Street$562
812 Tropical Drive$447
1755 Livingstone Street$436

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1755 Livingstone StreetSarasota, FL 34231 221,020$445,000$4363 days
715 Oak StreetBradenton, FL 34208 342,294$1,290,000$56224 days
707 Tropical DriveBradenton, FL 34208 554,182$3,500,000$83626 days
12th Avenue EBradenton, FL 34208 ———$240,000—29 days
2801 11th Avenue EBradenton, FL 34208 ———$519,000—115 days
812 Tropical DriveBradenton, FL 34208 422,659$1,190,000$447124 days
0 (Lot 15) Wharf RoadSarasota, FL 34231 ———$174,500—182 days
3006 12th Avenue EBradenton, FL 34208 ———$165,000—224 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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