Tamina Aratari "s Market Update

Sarasota, FL

Single-Family Homes

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



Sarasota, FL

Tue Sep 27 2022
This week the median list price for Sarasota, FL is $669,000 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has decreased to 575. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Sarasota, FL

Tue Sep 27 2022
This week the median list price for Sarasota, FL is $669,000 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has decreased to 575. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Sarasota market.
Median List Price $669,000
Median Price of New Listings $492,000
Per Square Foot $338
Average Days on Market 66
Median Days on Market 56
Price Decreased 54%
Price Increased 2%
Relisted 5%
Inventory 575
Median Rent
Market Action 44
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.

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
$2,290,000 3,313 0.25 - 0.5 acre 4 3.5 30 13 11 77
$799,999 2,364 0.25 - 0.5 acre 3 2.5 31 11 16 49
$569,400 1,821 8,000 - 10,000 sqft 3 2 39 19 26 52
$399,900 1,314 6,500 - 8,000 sqft 3 2 48 39 31 42