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Sarasota Market Report

$1,340,433

AVERAGE PRICE OF 2,545 HOMES

$340,776

AVERAGE PRICE OF 17 DISTRESSED HOMES

$3,133,733

AVERAGE PRICE OF 801 MULTI-MILLION DOLLAR HOMES

$2,148,479

AVERAGE PRICE OF 594 NEWLY BUILT HOMES

$2,267,353

AVERAGE PRICE OF 666 HOMES WITH A POOL

$994,082

AVERAGE PRICE OF 136 REDUCED PRICE HOMES

Average Home

Average Price $1,340,433
Avg Bedrooms 2.64 beds
Avg Bathrooms 2.52 baths

Average Price by Bedrooms

1 bedroom $466,632
2 bedrooms $690,448
3 bedrooms $1,222,851
4 bedrooms $2,334,777
5 bedrooms $3,331,691
Sarasota Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 2,664 2,715 2,682 2,487 2,187
Average Price $1,322,420 $1,299,992 $1,263,851 $1,284,847 $1,298,331
Avg Price Change +1.73% +2.86% -1.66% -1.05% +2.65%
Median Price $646,378 $630,197 $624,475 $631,682 $644,347
Med Price Change +2.57% +0.92% -1.15% -2.00% +1.59%
Avg Bedrooms 2.62 beds 2.64 beds 2.66 beds 2.68 beds 2.69 beds
Avg Bathrooms 2.5 baths 2.51 baths 2.53 baths 2.54 baths 2.55 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Booker High 377 $1,254,955 157 days
Braden River High 44 $532,531 65 days
Riverview High 527 $840,345 91 days
Sarasota High 575 $1,878,069 95 days
Venice Senior High 64 $703,515 109 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,545 $1,340,433 119 days
Distressed Homes 17 $340,776 104 days
Multi-Million Dollar Homes 801 $3,133,733 167 days
Newly Built Homes 594 $2,148,479 235 days
Homes with a Pool 666 $2,267,353 110 days
Reduced Price Homes 136 $994,082 65 days
CORE4 Group @ Compass
Michael Crawford
7380 W Sand Lake Rd Suite 500
Orlando, FL 32819
407-973-9101
Blue Water Mortgage
Kristina Young
Cell: 207.691.3501
Email: kyoung@bluewatermtg.com

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