Garry Neeves Weekly Real Estate Insights

Sarasota, FL 34234

Single-Family Homes

Garry Neeves | 941.667.0653



Sarasota, FL 34234

Sun Sep 21 2025
This week the median list price for Sarasota, FL 34234 is $539,900 with the market action index hovering around 29. This is less than last month's market action index of 31. Inventory has increased to 89. 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 Buyer's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Sarasota, FL 34234

Sun Sep 21 2025
This week the median list price for Sarasota, FL 34234 is $539,900 with the market action index hovering around 29. This is less than last month's market action index of 31. Inventory has increased to 89. 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 Buyer's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Sarasota market.
Median List Price $539,900
Median Price of New Listings $319,750
Per Square Foot $332
Average Days on Market 141
Median Days on Market 105
Price Decreased 39%
Price Increased 2%
Relisted 1%
Inventory 89
Median Rent
Market Action 29
Slight Buyer'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
$2,295,000 2,939 0.5 - 1 acre 4 3.5 46 0 0 119
$639,250 1,648 8,000 - 10,000 sqft 3 2 67 1 1 105
$409,450 1,372 6,500 - 8,000 sqft 3 2 48 1 2 80
$222,225 914 4,500 - 6,500 sqft 2 1 65 2 0 77