Tamina Aratari "s Market Update

Sarasota, FL

Single-Family Homes

Luxury Waterfront Realtor | 941-286-9647 | puntagordaisles@gmail.com



Sarasota, FL

Sat Nov 27 2021
This week the median list price for Sarasota, FL is $595,715 with the market action index hovering around 66. This is about the same as last month's market action index of 66. Inventory has decreased to 307. 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.

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Sarasota, FL

Sat Nov 27 2021
This week the median list price for Sarasota, FL is $595,715 with the market action index hovering around 66. This is about the same as last month's market action index of 66. Inventory has decreased to 307. 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.

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Sarasota market.
Median List Price $595,715
Median Price of New Listings $449,900
Per Square Foot $316
Average Days on Market 60
Median Days on Market 28
Price Decreased 28%
Price Increased 7%
Relisted 2%
Inventory 307
Median Rent $4,200
Market Action 66
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,550,000 3,685 0.25 - 0.5 acre 4 4 36 8 9 63
$849,000 2,221 0.25 - 0.5 acre 3 2.5 45 17 17 35
$499,900 1,814 8,000 - 10,000 sqft 3 2 39 22 20 21
$324,000 1,275 6,500 - 8,000 sqft 3 2 54 30 28 14