Lake Sarasota, FL

Balanced market+12.9% YoY

Housing market overview · Updated weekly

$395,000median sale price

Homes sold

6

Last 12 weeks

Days on market

59

Average pace

Active listings

7

1.2 months supply

Sale-to-list

94.3%

Below asking

The Lake Sarasota housing market is currently classified as a balanced market with a median sale price of $395,000. Prices have risen 12.9% compared to last year, with homes spending an average of 59 days on market, indicating 1.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Lake Sarasota?

The median home sale price in Lake Sarasota is $395,000, up 12.9% from last year.

How long do homes stay on market in Lake Sarasota?

Homes typically spend 59 days on market before going under contract.

Is Lake Sarasota a buyer's or seller's market?

With 1.2 months of supply, Lake Sarasota is currently a balanced market.

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