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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

$1,333,896

AVERAGE PRICE OF 2,559 HOMES

$340,776

AVERAGE PRICE OF 17 DISTRESSED HOMES

$3,130,160

AVERAGE PRICE OF 801 MULTI-MILLION DOLLAR HOMES

$2,144,018

AVERAGE PRICE OF 597 NEWLY BUILT HOMES

$2,293,304

AVERAGE PRICE OF 656 HOMES WITH A POOL

$874,661

AVERAGE PRICE OF 133 REDUCED PRICE HOMES

Average Home

Average Price $1,333,896
Avg Bedrooms 2.62 beds
Avg Bathrooms 2.51 baths

Average Price by Bedrooms

1 bedroom $483,759
2 bedrooms $685,557
3 bedrooms $1,210,118
4 bedrooms $2,327,729
5 bedrooms $3,509,481
Sarasota Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 2,664 2,715 2,682 2,487 2,187
Average Price $1,322,420 $1,299,992 $1,263,851 $1,284,847 $1,298,331
Avg Price Change +1.73% +2.86% -1.66% -1.05% +2.65%
Median Price $646,378 $630,197 $624,475 $631,682 $644,347
Med Price Change +2.57% +0.92% -1.15% -2.00% +1.59%
Avg Bedrooms 2.62 beds 2.64 beds 2.66 beds 2.68 beds 2.69 beds
Avg Bathrooms 2.5 baths 2.51 baths 2.53 baths 2.54 baths 2.55 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Booker High 392 $1,232,698 151 days
Braden River High 41 $525,556 63 days
Riverview High 526 $825,052 90 days
Sarasota High 571 $1,887,724 96 days
Venice Senior High 68 $712,371 101 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,559 $1,333,896 118 days
Distressed Homes 17 $340,776 98 days
Multi-Million Dollar Homes 801 $3,130,160 165 days
Newly Built Homes 597 $2,144,018 231 days
Homes with a Pool 656 $2,293,304 110 days
Reduced Price Homes 133 $874,661 57 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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