Garry Neeves Weekly Real Estate Insights
Sarasota, FL 34238
Single-Family Homes
Garry Neeves | 941.667.0653
Sarasota, FL 34238
Sun Jun 22 2025
This week the median list price for Sarasota, FL 34238 is $675,000 with the market action index hovering around 33. This is an increase over last month's market action index of 29. Inventory has held steady at or around 184.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.
Real-Time Market Profile
| Median List Price | $675,000 | |
| Median Price of New Listings | $664,000 | |
| Per Square Foot | $304 | |
| Average Days on Market | 117 | |
| Median Days on Market | 77 | |
| Price Decreased | 58% | |
| Price Increased | 1% | |
| Relisted | 2% | |
| Inventory | 184 | |
| Median Rent | ||
| Market Action | 33 | |
| Slight Seller's Advantage | ||
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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 |
|---|---|---|---|---|---|---|---|---|
| $1,165,000 | 3,026 | 0.25 - 0.5 acre | 3 | 3.3 | 15 | 1 | 4 | 80 |
| $749,900 | 2,436 | 8,000 - 10,000 sqft | 3 | 3 | 13 | 3 | 4 | 77 |
| $625,000 | 2,103 | 6,500 - 8,000 sqft | 3 | 2 | 26 | 1 | 4 | 80 |
| $487,000 | 1,780 | 4,500 - 6,500 sqft | 3 | 2 | 26 | 3 | 3 | 77 |