Market report, updated

Market Report

Search in the city of Siesta Key

Fine Properties logo
Report prepared by Mikelchaffeerealtor.com Fine Properties

Market at a glance

Over the last 6 months, homes sold for 91.7% of list price in 130 days on average.

Average price, last 12 months

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

List · $1.71M Sold · $1.61M
$3.1M$2.4M$1.7M$1M
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 64 sales in Mar. Last month: 33.

Where the market stands

All homes in this report, by status.

632homes
Active344 · 54%
Under contract33 · 5%
Sold (6 mo)255 · 40%

Buyer's or seller's market?

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

7.8months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$2.52M
Under contract$2.22M
Sold$1.67M

Average days on market

Active145 days
Under contract108 days
Sold130 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 344
Average list price $2,521,458
Avg. days on market 145 days
Avg. price per ft² $884
Avg. living area 2,303 ft²
Avg. beds / baths 2.9 / 3.1

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.

21 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: 224 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.

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

Highest price per ft²

Top 7 homes among the newest.

3200 Higel Avenue$4,034
4050 Higel Avenue$3,967
3210 Higel Avenue$3,076
546 Freeling Drive$2,871
7740 Sanderling Road$2,424
7535 Midnight Pass Road$2,272
3441 Gulfmead Drive$2,201

All active listings (344)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
6287 Midnight Pass Road Unit 106Sarasota, FL 34242 221,498$630,000$4201 day
1200 Cove Ii Place Unit 832Sarasota, FL 34242 22860$549,900$6391 day
6415 Midnight Pass Road Unit P10Sarasota, FL 34242 221,290$850,000$6581 day
3482 Flamingo AvenueSarasota, FL 34242 674,373$6,975,000$1,5951 day
5780 Midnight Pass Road Unit 301Sarasota, FL 34242 231,739$1,500,000$8622 days
8436 Midnight Pass RoadSarasota, FL 34242 ———$1,000,000—2 days
9203 Midnight Pass Road Unit 2Sarasota, FL 34242 331,632$1,895,000$1,1612 days
546 Freeling DriveSarasota, FL 34242 574,353$12,500,000$2,8712 days
5324 Siesta CourtSarasota, FL 34242 443,050$1,250,000$4093 days
1140 Windsong Lane Unit ASarasota, FL 34242 573,891$3,995,000$1,0263 days
Fine Properties logo

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

Next steps

How much is your home worth?

...get instant property value now!

Free and instant. We can follow up with a detailed valuation.