Market report, updated

Market Report

Search in the city of Palm Aire

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Report prepared by Mikelchaffeerealtor.com Fine Properties

Market at a glance

Over the last 6 months, homes sold for 96.4% of list price in 79 days on average.

Average price, last 12 months

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

List · $489K Sold · $467K
$520K$470K$420K$370K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 68 sales in May. Last month: 65.

Where the market stands

All homes in this report, by status.

605homes
Active235 · 39%
Under contract45 · 7%
Sold (6 mo)325 · 54%

Buyer's or seller's market?

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

4.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$661K
Under contract$450K
Sold$430K

Average days on market

Active108 days
Under contract91 days
Sold79 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 235
Average list price $661,216
Avg. days on market 108 days
Avg. price per ft² $309 Based on 224 of 235 homes
Avg. living area 1,746 ft² Based on 224 of 235 homes
Avg. beds / baths 2.8 / 2.4

Price vs. living area

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

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

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

$3M$2M$1M$0

Price vs. living area: 220 homes plotted, up to $3M 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.

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

Highest price per ft²

Top 7 homes in this status.

7865 27th Street E$3,480
7524 Westmoreland Drive$1,445
8405 Louisiana Street$1,170
7538 Westmoreland Drive$982
7927 Longbay Boulevard$974
7808 34th Court E$938
7418 Westmoreland Drive$928

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
4406 70th Drive ESarasota, FL 34243 321,281$395,500$3080 days
7150 N Tamiami Trail Unit S512Sarasota, FL 34243 —1348$90,000$2581 day
5818 N Lockwood Ridge RoadSarasota, FL 34243 ———$155,000—1 day
1015 Southern Pine LaneSarasota, FL 34243 321,484$395,000$2661 day
7847 Eagle Creek DriveSarasota, FL 34243 22983$175,000$1781 day
8164 36th Street ESarasota, FL 34243 321,844$610,000$3302 days
8444 Palm Lakes CourtSarasota, FL 34243 321,955$615,000$3142 days
5651 Gardens Drive Unit 201Sarasota, FL 34243 221,080$224,900$2082 days
2937 Trustee AvenueSarasota, FL 34243 221,428$399,000$2792 days
3215 78th Avenue ESarasota, FL 34243 221,464$349,000$2382 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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