Market report, updated

Market Report

Search in the subdivision of The Tower Residences

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Report prepared by Mikelchaffeerealtor.com Fine Properties

Market at a glance

Over the last 6 months, homes sold for 93.8% of list price in 261 days on average.

Average price, last 12 months

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

List · $2.99M Sold · $2.65M
$3.7M$3.1M$2.5M$1.9M
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 2 sales in Sep. Last month: 1.

Where the market stands

All homes in this report, by status.

11homes
Active5 · 45%
Under contract1 · 9%
Sold (6 mo)5 · 45%

Buyer's or seller's market?

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

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$2.08M
Under contract$2.7M
Sold$2.73M

Average days on market

Active47 days
Under contract4 days
Sold261 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 $2,077,800
Avg. days on market 47 days
Avg. price per ft² $752
Avg. living area 2,421 ft²
Avg. beds / baths 2.8 / 2.8

Price vs. living area

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

$6M$4M$2M$0

Price vs. living area: 5 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.

Highest price per ft²

Top 5 homes in this status.

35 Watergate Drive Unit 805$1,038
35 Watergate Drive Unit 804$953
35 Watergate Drive Unit 1104$887
1150 Tarpon Center Drive Unit 101, 1-A$451
1150 Tarpon Center Drive Unit 1-C #103$431

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
35 Watergate Drive Unit 805Sarasota, FL 34236 443,659$3,800,000$1,0389 days
1150 Tarpon Center Drive Unit 101, 1-AVenice, FL 34285 221,271$574,000$45125 days
35 Watergate Drive Unit 804Sarasota, FL 34236 332,985$2,845,000$95333 days
35 Watergate Drive Unit 1104Sarasota, FL 34236 332,985$2,650,000$88772 days
1150 Tarpon Center Drive Unit 1-C #103Venice, FL 34285 221,205$520,000$43197 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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