Sarasota, FL

Buyer's market+59.0% YoY

Housing market overview · Updated weekly

$850,000median sale price

Homes sold

95

Last 12 weeks

Days on market

83

Average pace

Active listings

895

9.4 months supply

Sale-to-list

94.0%

Below asking

The Sarasota housing market is currently classified as a buyer's market with a median sale price of $850,000. Prices have risen 59.0% compared to last year, with homes spending an average of 83 days on market, indicating 9.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in Sarasota?

The median home sale price in Sarasota is $850,000, up 59.0% from last year.

How long do homes stay on market in Sarasota?

Homes typically spend 83 days on market before going under contract.

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

With 9.4 months of supply, Sarasota is currently a buyer's market.

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