Garry Neeves Weekly Real Estate Insights
Sarasota, FL 34242
Single-Family Homes
Garry Neeves | 941.667.0653
Sarasota, FL 34242
Sat Nov 01 2025
This week the median list price for Sarasota, FL 34242 is $2,450,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has increased to 127.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
Real-Time Market Profile
| Median List Price | $2,450,000 | |
| Median Price of New Listings | $3,299,500 | |
| Per Square Foot | $842 | |
| Average Days on Market | 159 | |
| Median Days on Market | 140 | |
| Price Decreased | 24% | |
| Price Increased | 2% | |
| Relisted | 8% | |
| Inventory | 127 | |
| Median Rent | ||
| Market Action | 29 | |
| Slight Buyer's Advantage | ||
Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.
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 |
|---|---|---|---|---|---|---|---|---|
| $5,992,500 | 4,637 | 0.25 - 0.5 acre | 5 | 7 | 19 | 4 | 1 | 140 |
| $3,150,000 | 3,253 | 0.25 - 0.5 acre | 4 | 4 | 52 | 5 | 1 | 147 |
| $1,799,000 | 2,575 | 0.25 - 0.5 acre | 3 | 3 | 51 | 1 | 2 | 171 |
| $1,000,000 | 1,758 | 0.25 - 0.5 acre | 3 | 2 | 60 | 6 | 2 | 133 |