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Sarasota

Why you'd want to live in Sarasota

Sarasota, together with its neighbors to the north and south, Manatee County and Charlotte County, form the 7th-largest market in Florida. It is also Florida’s third-fastest growing major market. With over 600,000 people, the Sarasota/Manatee/Charlotte area is one of the largest, most affluent markets in Florida. In the last 5 years, it has grown 4 times faster than the national average. The per capita retail sales are almost 20% above the national average. It has a strong base of retirement age people, about a third of the population, but the fastest-growing segment of the market is middle-aged adults and their children. It has approximately 1/4 the population of the Tampa/St. Petersburg area. Sarasota boasts some of the oldest and newest homes in the area. Some homes were built over 50 years ago as winter vacation cottages. Others are new gated bayfront estates with manicured grounds, marble foyers, soaring ceilings, the newest fixtures and technological advances, and spectacular views. Residents from any neighborhood can enjoy the wide range of activities available throughout Sarasota. Whether your taste in art leans more toward circus posters, Rubens and Poussin, seashell creations, sand sculptures, or the new art of the Ringling School of Art students, it’s here. Your hunger for theatre can be filled by the Foreign Film Festival, the Asolo Theatre Company, Florida Studio Theatre, Island Players, Lemon Bay Playhouse, or Theatre Works, for a start. via sarasota.com

Sarasota Market Report

$1,192,879

AVERAGE PRICE OF 2,304 HOMES

$391,900

AVERAGE PRICE OF 8 DISTRESSED HOMES

$2,953,007

AVERAGE PRICE OF 646 MULTI-MILLION DOLLAR HOMES

$1,798,723

AVERAGE PRICE OF 584 NEWLY BUILT HOMES

$1,924,390

AVERAGE PRICE OF 638 HOMES WITH A POOL

$700,145

AVERAGE PRICE OF 128 REDUCED PRICE HOMES

Average Home

Average Price $1,192,879
Avg Bedrooms 2.69 beds
Avg Bathrooms 2.5 baths

Average Price by Bedrooms

1 bedroom $430,277
2 bedrooms $664,982
3 bedrooms $1,083,047
4 bedrooms $1,820,954
5 bedrooms $2,968,460
Sarasota Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 2,275 n/a n/a n/a 1,895
Average Price $1,228,377 n/a n/a n/a $1,142,050
Avg Price Change n/a n/a n/a n/a +6.55%
Median Price $622,872 n/a n/a n/a $550,284
Med Price Change n/a n/a n/a n/a +7.07%
Avg Bedrooms 2.71 beds n/a n/a n/a 2.47 beds
Avg Bathrooms 2.52 baths n/a n/a n/a 2.37 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Booker High 432 $1,072,616 117 days
Riverview High 405 $872,082 63 days
Sarasota High 484 $1,557,228 80 days
Southeast High 38 $550,890 53 days
Venice Senior High 77 $685,724 90 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,304 $1,192,879 86 days
Distressed Homes 8 $391,900 112 days
Multi-Million Dollar Homes 646 $2,953,007 120 days
Newly Built Homes 584 $1,798,723 155 days
Homes with a Pool 638 $1,924,390 79 days
Reduced Price Homes 128 $700,145 44 days
Coletti Group | Coldwell Banker
Enrique & Lisa Coletti
100 N Tamiami Trail
Sarasota, FL 34236
941-952-8164
Adam Klugh
1219 S East Ave #304
Sarasota, FL 34239
941-444-5563

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