Sarasota

Why you'd want to live in Sarasota

Sarasota has a distinct vibe that’s different from Florida’s relative coastal cities, with its own vibrant arts scene, beachy atmosphere and burgeoning food culture. People who choose Sarasota as their home are generally called by its unique charm. This metro area of just over 800,000 people has a renowned opera house, a number of rooftop bars and the popular beach of Siesta Key. What makes the region special is its duality – downtown Sarasota boasts resorts and fine dining, but strolling Siesta Key Village or St. Armands Circle offers a more intimate, seaside ambience. There was once a time when Sarasota was dismissed as a playground for retirees, but that reputation is slowly changing as more young professionals begin to make it their own. One of the city’s up-and-coming neighborhoods is the Rosemary District, where eclectic murals decorate storefronts and modern condominiums and hotels sit near casual breakfast cafes. via realestate.usnews.com

Sarasota Market Report

$1,156,608

AVERAGE PRICE OF 3,344 HOMES

$967,131

AVERAGE PRICE OF 16 DISTRESSED HOMES

$3,004,348

AVERAGE PRICE OF 905 MULTI-MILLION DOLLAR HOMES

$2,154,313

AVERAGE PRICE OF 634 NEWLY BUILT HOMES

$1,941,142

AVERAGE PRICE OF 825 HOMES WITH A POOL

$830,922

AVERAGE PRICE OF 160 REDUCED PRICE HOMES

Average Home

Average Price $1,156,608
Avg Bedrooms 2.59 beds
Avg Bathrooms 2.41 baths

Average Price by Bedrooms

1 bedroom $417,818
2 bedrooms $538,628
3 bedrooms $1,093,159
4 bedrooms $2,204,083
5 bedrooms $2,986,719
Sarasota Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 3,180 3,023 3,148 3,217 3,447
Average Price $1,157,922 $1,159,207 $1,183,429 $1,182,077 $1,194,666
Avg Price Change -0.11% -2.09% +0.11% -1.06% -2.62%
Median Price $550,676 $555,487 $572,875 $582,677 $589,397
Med Price Change -0.87% -3.13% -1.71% -1.15% -0.67%
Avg Bedrooms 2.59 beds 2.61 beds 2.61 beds 2.62 beds 2.63 beds
Avg Bathrooms 2.42 baths 2.44 baths 2.44 baths 2.46 baths 2.47 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Sarasota High 680 $1,634,768 125 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,344 $1,156,608 146 days
Distressed Homes 16 $967,131 164 days
Multi-Million Dollar Homes 905 $3,004,348 185 days
Newly Built Homes 634 $2,154,313 279 days
Homes with a Pool 825 $1,941,142 132 days
Reduced Price Homes 160 $830,922 95 days
simpliHOM
Nicholas V. Rapisardi, PLLC
Broker/ Realtor
8130 Lakewood Main St. #103
Lakewood Ranch FL, 34202
941-735-0244

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