Sarasota, FL Home Values & Market Trends
Real estate market trends reflect that there have been 7,134 transactions over the past year in Sarasota. The median value for residential home transactions that occurred over the previous year is $498,064.1. The number of current listings in Sarasota is 1,335, and the percentage of properties for sale in the city is 1335.00%. Sarasota, FL currently has 556 properties in foreclosure, 7 bank owned properties, 15 properties headed for auction, and 1,335 properties for sale.
Sarasota, FL Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 34231 | $ 458,689 $ 308/sqft | 34235 | $ 404,770 $ 276/sqft |
| 34231 | $ 458,689 $ 308/sqft | 34233 | $ 389,568 $ 262/sqft |
| 34238 | $ 520,001 $ 298/sqft | 34233 | $ 389,568 $ 262/sqft |
| 34238 | $ 520,001 $ 298/sqft | 34241 | $ 675,000 $ 283/sqft |
| 34242 | $ 1,100,000 $ 755/sqft | 34241 | $ 675,000 $ 283/sqft |
| 34242 | $ 1,100,000 $ 755/sqft | 34234 | $ 337,950 $ 258/sqft |
| 34243 | $ 502,600 $ 279/sqft | 34234 | $ 337,950 $ 258/sqft |
| 34243 | $ 502,600 $ 279/sqft | 34239 | $ 675,000 $ 421/sqft |
| 34236 | $ 1,497,590 $ 869/sqft | 34239 | $ 675,000 $ 421/sqft |
| 34236 | $ 1,497,590 $ 869/sqft | 34240 | $ 889,979 $ 353/sqft |
| 34232 | $ 366,087 $ 262/sqft | 34240 | $ 889,979 $ 353/sqft |
| 34232 | $ 366,087 $ 262/sqft | 34237 | $ 346,851 $ 273/sqft |
| 34235 | $ 404,770 $ 276/sqft | 34237 | $ 346,851 $ 273/sqft |
Housing Market Summary for Sarasota, FL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $565.6K | $503.9K | -10.91% |
| Median Sold Price | $502.2K | $503.9K | 0.34% |
| Homes For Sale | 943 | 1,341 | 42.21% |
| Homes Sold | 4,320 | 4,177 | -3.31% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Sarasota, FL
Browse Homes in Sarasota, FL
Sarasota home values range from $35,956 to $36,576,021. The median estimated value of a home in Sarasota is $498,064.1. The median list price of a home is 539,900, and the total count of properties in the city is 123,189.
- Pre-ForeclosurePre-foreclosure homes account for 0.43% of all residential properties in Sarasota, FL with 34232 containing 73 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 26 zips within Sarasota, FL; of those zips, the estimated home value for pre-foreclosure homes ranges from $694,067 in 34242 to the lowest home value of $120,262 in 34237.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Sarasota, FL ranges from the highest value of $453,993 in 34240 to the lowest value of $148,000 in 34234. Bank owned homes and properties account for 0.01% of properties in Sarasota, FL. There are 26 zips within Sarasota, FL; 34234 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions34243 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Sarasota, FL. Auction homes and other auction properties account for 0.01% of all properties in Sarasota, FL. There are 26 zips within Sarasota, FL; of those zips, the median estimated home value for homes going to auction ranges from $1,276,317 in 34242 to the lowest value of $248,570 in 34242.
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Guide for Sarasota, FL
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