How's the Real Estate Market??

Sarasota, FL

Single-Family Homes

Astrid Hartleb | 239-558-1130 | https://affinityswfl.com



Sarasota, FL

Wed Jul 15 2020
This week the median list price for Sarasota, FL is $515,000 with the market action index hovering around 38. This is an increase over last month's market action index of 35. Inventory has held steady at or around 991. Click here to stay informed with the Sarasota market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Sarasota, FL

Wed Jul 15 2020
This week the median list price for Sarasota, FL is $515,000 with the market action index hovering around 38. This is an increase over last month's market action index of 35. Inventory has held steady at or around 991. Click here to stay informed with the Sarasota market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Sarasota market.
Median List Price $515,000
Per Square Foot $219
Days on Market 165
Price Decreased 35%
Price Increased 6%
Relisted 4%
Inventory 991
Median Rent $2,595
Most Expensive $16,570,000
Least Expensive $47,000
Market Action 38
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,650,000 3,771 0.25 - 0.5 acre 4 3 18 13 17 287
$675,000 2,686 0.25 - 0.5 acre 3 2 23 28 31 167
$420,000 2,136 8,000 - 10,000 sqft 3 2 19 46 26 103
$285,000 1,572 6,500 - 8,000 sqft 3 1 34 43 54 101