170 new real estate properties in Sarasota, Florida have been added to Ofirio in the last 7 days.
Of those new properties:
Sarasota, Florida has a low demand for real estate. This is determined by the difference between the list price and the closed price, which on average is 3% lower than than the list price. The demand for luxury real estate is higher than the demand for “Under $200k” real estate by 1%. Homes in Sarasota, Florida are on the market for 81 days, on average among all of our listings.
This week the following real estate properties became available for sale:
The biggest change in price is in the 5 Beds segment and it is 22% ($9,268,320) more than the week prior.
The average closing price for real estate in Sarasota Florida has fallen by 14% from the last week, which amounted to $1,318,243.
As of January 2023 Sarasota, FL is a seller market which means homes sell faster at a higher price. In January 2023, 66 homes (24.4%) sold at asking price, 186 homes (68.9%) sold below asking price, and 18 homes (6.7%) were sold above asking price. If purchasing a home there is little room to negotiate the price.
The median home price increased by 9.5% from $400,313 in January 2022 to $438,250 in January 2023. The number of homes sold in Sarasota, FL has decreased by 48.5% over the last year from 439 in January 2022 to 226 homes in January 2023.
Homes in Sarasota, FL have sold for 10.1% more per ft² than they did a year ago. As of January 2023 the average price per square foot is $284.