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Sarasota Area Real Estate
The first step to making a solid financial decision is research. This is especially true in Sarasota's real estate market, where current trends like sales volume and home prices shift from month to month. Stay on top of the Sarasota real estate market by taking advantage of the market reports posted below.
Finding up-to-date market information is almost impossible unless you go to the source. These reports from our local Associations and are the most current you'll find.
If you have questions or would like to discuss how the current market will affect your plans, please reach out to us today.
Latest Market Statistics Summaries for Single Family Homes in Sarasota County
2023 Sarasota Real Estate Market Summaries
See the market statistics for 2023 thus far.
2022 Sarasota Real Estate Market Summaries
In 2022, there were a total of 7,940 traditional closed sales which is a 26.5% decrease over 2021. The dollar volume of those closed sales in 2022 is approximately $5.4 billion. Also, the median sale price increased by 24.5% from 2021 to 2022 for a median sale price of $493,000. This greatly differs from the average sales price which sits at $684,442.
2021 Sarasota Real Estate Market Summaries
In 2021, there were a total of 10,798 traditional closed sales which is a 13.4% increase over 2020. The dollar volume of those closed sales in 2021 is approximately $6.2 billion. Also, the median sale price increased by 21.8% from 2020 to 2021 for a median sale price of $395,945. This differs from the average sales price which sits at $576,936.
2020 Sarasota Real Estate Market Summaries
In 2020, across the Sarasota and Manatee County markets, single-family home sales increased by 40.2% compared to 2019. As far as median home prices go, 2020 closed out with a year-over-year increase for both markets. These single-family prices were up 6.8% in Manatee County, and up 17.8% in Sarasota County. The increase in closed sales and median prices, combined with lower inventory has caused properties to spend less time on the market.
2019 Sarasota Real Estate Market Summaries
In 2019, there were a total of 8,706 traditional closed sales which is a 12.6% increase over 2018. The dollar volume of those closed sales in 2019 is approximately $3.5 billion. Also, the median sale price increased by 1.8% from 2018 to 2019.
2018 Sarasota Real Estate Market Summaries
See how the market has shifted and evolved in 2018! So far, the overall number of closed sales has increased over this time last year! Although inventory is dropping as the current "season" comes to a close, both Sarasota and Manatee County are seeing increased sales.
2017 Sarasota Real Estate Market Summaries
In 2017, there were a total of 7,912 closed sales grossing $2.9 billion. This is a 1.1% increase over 2016. For more details on how the market change in 2017, check out the 2017 yearly summary below.
Sarasota Market Statistics Summaries Archive
See how the Sarasota real estate market has shifted over the years by checking out these archives! Each real estate report breaks down overall sales, dollar volume, and inventory.
More Sarasota Real Estate Resources
Interested in selling your Sarasota area home? Or perhaps you're ready to invest? Whatever your real estate needs, we're here to help. Simply give us a call today to begin your real estate journey in Sarasota.