Mon Nov 23 2020
This week the median list price for Sarasota, FL is $451,773 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has held steady at or around 898.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$451,773|
|Per Square Foot||$219|
|Days on Market||121|
|Slight Seller's Advantage|
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,596,200||3,599||0.25 - 0.5 acre||4||3||20||26||21||209|
|$595,000||2,461||0.25 - 0.5 acre||3||2||18||32||36||133|
|$379,900||1,922||6,500 - 8,000 sqft||3||1||25||45||34||72|
|$220,000||1,601||8,000 - 10,000 sqft||3||2||47||39||43||70|