Sarasota Real Estate Market Statistics

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 May 2021   April 2021    March 2021
 February 2021    January 2021   December 2020
 November 2020    October   September 2020
 August    July   June 2020
 May 2020        
Sarasota County Inventory   Manatee County Market Stats   Manatee County Inventory
Lido Key, Bird Key, Downtown Inventory   Siesta Key Inventory   Longboat Key Inventory

May 2021 Sarasota County Real Estate Market Update 

May 2021 was a Seller's market! The number of for sale listings was down 77.1% from one year earlier and down 9.1% from the previous month. The number of sold listings increased 90.1% year over year and decreased 13.3% month over month. The number of under contract listings was down 4.5% compared to previous month and up 28.6% compared to previous year. The Months of Inventory based on Closed Sales is 0.6, down 87.4% from the previous year.

The Average Sold Price per Square Footage was down 0.9% compared to previous month and up 55.7% compared to last year. The Median Sold Price increased by 4.3% from last month. The Average Sold Price also decreased by 3% from last month. Based on the 6 month trend, the Average Sold Price trend is "Neutral" and the Median Sold Price trend is "Appreciating".

The Average Days on Market showed a downward trend, a decrease of 48.4% compared to previous year. The ratio of Sold Price vs. Original List Price is 98%, an increase of 6.5% compared to previous year.

Sarasota County Market Stats May 2021

2021 May Sarasota County Home & Condo Statistics

  May 2021 Change from May 2020
Average single family home sales price $597,000 +51.5%
Average condominium sales price $580,000 +85.3%
List to Sale Price Difference 99% +4
Average Days on Market 33 -31
Months of Inventory 0.6 -87.4% 
Properties For Sale 872 -77.1%
Pending Properties 1,544 +28.6%
Sold Properties 1,580 +90.1%

April 2021 Sarasota County Real Estate Market Update 

April 2021 was a Seller's market! The number of for sale listings was down 77% from one year earlier and down 10.3% from the previous month. The number of sold listings increased 81.6% year over year and decreased 10.6% month over month. The number of under contract listings was down 8.2% compared to previous month and up 124% compared to previous year. The Months of Inventory based on Closed Sales is 0.5, down 87.2% from the previous year.

The Average Sold Price per Square Footage was up 2.9% compared to previous month and up 43.4% compared to last year. The Median Sold Price decreased by 1.1% from last month. The Average Sold Price also increased by 2.2% from last month. Based on the 6 month trend, the Average Sold Price trend is "Appreciating" and the Median Sold Price trend is "Neutral".

The Average Days on Market showed a downward trend, a decrease of 33.8% compared to last year. The ratio of Sold Price vs List Price is 98%, up 2 percentage points compared to last year.

Sarasota County Market Stats April 2021

2021 April Sarasota County Home & Condo Statistics

  April 2021 Change from April 2020
Average single family home sales price $611,000 +41.1%
Average condominium sales price $627,000 +87.2%
List to Sale Price Difference 98% +2%
Average Days on Market 45 -23
Months of Inventory 0.5 -87.2% 
Properties For Sale 959 -77%
Pending Properties 1,680 +124%
Sold Properties 1,787 +81.6%

March 2021 Sarasota County Real Estate Market Update 

March 2021 was a Seller's market! The number of for sale listings was down 76.4% from one year earlier and down 16.9% from the previous month. The number of sold listings increased 47.7% year over year and increased 40.8% month over month. The number of under contract listings was up 6.3% compared to previous month and up 112.9% compared to previous year. The Months of Inventory based on Closed Sales is 0.5, down 86% from the previous year.

The Average Sold Price per Square Footage was up 6.6% compared to previous month and up 38.1% compared to last year. The Median Sold Price increased by 7.7% from last month. The Average Sold Price also increased by 8.4% from last month. Based on the 6 month trend, the Average Sold Price trend is "Appreciating" and the Median Sold Price trend is "Appreciating".

The Average Days on Market showed a downward trend, a decrease of 22.9% compared to previous year. The ratio of Sold Price vs. Original List Price is 97%, an increase of 3.2% compared to previous year.

Sarasota County Market Stats March 2021

2021 March Sarasota County Home & Condo Statistics

  March 2021 Change from March 2020
Average single family home sales price $614,000 +47.6%
Average condominium sales price $573,000 +67.1%
List to Sale Price Difference 98% +2%
Average Days on Market 54 -16
Months of Inventory 0.5 -86% 
Properties For Sale 1,069 -76.4%
Pending Properties 1,916 +112.9%
Sold Properties 1,983 +47.7%

 February 2021 Sarasota County Real Estate Market Update 

February 2021 was a Seller's market! The number of for sale listings was down 70.5% from one year earlier and down 28.6% from the previous month. The number of sold listings increased 33.8% year over year and increased 18% month over month. The number of under contract listings was up 0.7% compared to previous month and up 36.6% compared to previous year. The Months of Inventory based on Closed Sales is 0.9, down 78.6% from the previous year.

The Average Sold Price per Square Footage was up 1% compared to previous month and up 21.9% compared to last year. The Median Sold Price was the same as last month. The Average Sold Price also increased by 8.3% from last month. Based on the 6 month trend, the Average Sold Price trend is "Appreciating" and the Median Sold Price trend is "Appreciating".

The Average Days on Market showed a neutral trend, a decrease of 23% compared to previous year. The ratio of Sold Price vs. Original List Price is 96%, an increase of 2.1% compared to previous year.

Sarasota County Market Stats February 2021

2021 February Sarasota County Home & Condo Statistics

  February 2021 Change from February 2020
Average single family home sales price $541,000 +26.4%
Average condominium sales price $560,000 +28.1%
List to Sale Price Difference 97% +1%
Average Days on Market 57 -17
Months of Inventory 0.9 -78.6% 
Properties For Sale 1,287 -70.5%
Pending Properties 1,887 +36.6%
Sold Properties 1,392 +33.8%

January 2021 Sarasota County Real Estate Market Update 

January 2021 was a Seller's market! The number of for sale listings was down 59.2% from one year earlier and down 20.4% from the previous month. The number of sold listings increased 19.3% year over year and decreased 30% month over month. The number of under contract listings was up 65.5% compared to previous month and up 44.6% compared to previous year. The Months of Inventory based on Closed Sales is 1.6, down 66.1% from the previous year.

The Average Sold Price per Square Footage was up 7.8% compared to previous month and up 14.5% compared to last year. The Median Sold Price decreased by 3.1% from last month. The Average Sold Price also increased by 3.3% from last month. Based on the 6 month trend, the Average Sold Price trend is "Appreciating" and the Median Sold Price trend is "Neutral".

The Average Days on Market showed a downward trend, a decrease of 19.2% compared to previous year. The ratio of Sold Price vs. Original List Price is 96%, an increase of 2.1% compared to previous year.

Sarasota County Market Stats January 2021

2021 January Sarasota County Home & Condo Statistics

  January 2021 Change from January 2020
Average single family home sales price $494,000 Up 19.9%
Average condominium sales price $536,000 Up 14.8%
Median List to Sale Price Difference 97% Same
Median Days on Market 59 Down 14
Months of Inventory 1.6  Down 66.1%
Properties For Sale 1,803 Down 59.2%
Pending Properties 1,950 Up 44.6%
Sold Properties 1,124 Up 19.3%

December 2020 Sarasota County Real Estate Market Update 

Sarasota County Market Stats December 2020

2020 December Sarasota County Home & Condo Statistics

  December 2020 Change from December 2019
Average single family home sales price $525,292 Up 31%
Average condominium sales price $404,944 Down .7%
Median List to Sale Price Difference 97.3% Up 1.5%
Median Days on Market 67 Down 11.8%
Months of Inventory 2  Down 47.4%
Properties For Sale 2,394 Down 43.3%
Pending Properties 1,900 Up 46.6%
Sold Properties 1,580 Up 33%

November 2020 Sarasota County Real Estate Market Update 

Sarasota County Market Stats November 2020

2020 November Sarasota County Home & Condo Statistics

  November 2020 Change from November 2019
Average single family home sales price $541,339 Up 32.1%
Average condominium sales price $407,343 Up 16.2%
Median List to Sale Price Difference 97.3% Up 1.7%
Median Days on Market 69 Down 14.8%
Months of Inventory 2.2  Down 45%
Properties For Sale 2,581 Down 40.2%
Pending Properties 2,286 Up 42.9%
Sold Properties 1,302 Up 34%

October 2020 Sarasota County Real Estate Market Update 

Sarasota County Market Stats October 2020

2020 October Sarasota County Home & Condo Statistics

  October 2020 Change from October 2019
Average single family home sales price $494,250 Up 27.4%
Average condominium sales price $393,771 Up 33.5%
Median List to Sale Price Difference 96.9% Up 1.5%
Median Days on Market 74 Down 14%
Months of Inventory 2.4  Down 38.5%
Properties For Sale 2,793 Down 32.7%
Pending Properties 2,237 Up 49.6%
Sold Properties 1,392 Up 30.3%

September 2020 Sarasota County Real Estate Market Update 

September 2020 was a Seller's market for Sarasota County! The number of for sale listings was down 28.8% from one year earlier and down 4.2% from the previous month. The number of sold listings increased 25.9% year over year and increased 0.7% month over month. The number of under contract listings was up 7.1% compared to previous month and up 59.6% compared to previous year. The Months of Inventory based on Closed Sales is 2.1, down 43.1% from the previous year.

The Average Sold Price per Square Footage was down 3.7% compared to previous month and up 20.2% compared to last year. The Median Sold Price decreased by 5% from last month. The Average Sold Price also decreased by 5.1% from last month. Based on the 6 month trend, the Average Sold Price trend is "Neutral" and the Median Sold Price trend is "Neutral".

The Average Days on Market showed a neutral trend, a decrease of 10% compared to previous year. The ratio of Sold Price vs. Original List Price is 95%, an increase of 3.3% compared to previous year. 

Sarasota County Market Stats August 2020

2020 September Sarasota County Home & Condo Statistics

  September 2020 Change from September 2019    Change from August 2020  
Average single family home sales price $448,000 Up 16.7% Down 10.4% 
Average condominium sales price $398,000 Up 38.7% Up 8.2% 
List to Sale Price Difference 97% Down 1% Down 1% 
Average Days on Market 72 Down 8 Down 4
Months of Inventory 2.1   Down 43.1% (3.7) Down 4.2% (2.2) 
Properties For Sale 2,795 Down 28.8% Down 4.2% 
Pending Properties 1,502 Up 59.6% Up 7.1% 
Sold Properties 1,331 Up 25.9% Up .7% 

August 2020 Sarasota County Real Estate Market Update 

August 2020 is a Seller's market! The number of for sale listings was down 23.1% from one year earlier and down 4.2% from the previous month. The number of sold listings increased 15.7% year over year and decreased 6.7% month over month. The number of under contract listings was up 4.9% compared to previous month and up 30.7% compared to previous year. The Months of Inventory based on Closed Sales is 2.2, down 32.9% from the previous year.

The Average Sold Price per Square Footage was up 8.6% compared to previous month and up 19.9% compared to last year.The Median Sold Price increased by 1.4% from last month. The Average Sold Price also increased by 8.2% from last month. Based on the 6 month trend, the Average Sold Price trend is "Appreciating" and the Median Sold Price trend is "Appreciating".

The Average Days on Market showed a neutral trend, a decrease of 8.4% compared to previous year. The ratio of Sold Price vs. Original List Price is 94%, an increase of 1.1% compared to previous year.

Sarasota County Market Stats August 2020

2020 August Sarasota County Home & Condo Statistics

  August 2020 Change from August 2019    Change from July 2020  
Average single family home sales price $500,000 Up 36.2% Up 11.9% 
Average condominium sales price $368,000 Up 17% Up 6.4% 
List to Sale Price Difference 96% Same Same 
Average Days on Market 76 Up 7 Down 4
Months of Inventory 2.2   Down 32.9% Same 
Properties For Sale 2,919 Down 23.1% Down 4.2% 
Pending Properties 1,500 Up 30.7% Up 4.9% 
Sold Properties 1,313 Up 15.7% Down 6.7% 

July 2020 Sarasota County Real Estate Market Update 

July 2020 was a Seller's market in Sarasota County! The number of for sale listings was down 26% from one year earlier and down 8.7% from the previous month. The number of sold listings increased 21.3% year over year and increased 22.2% month over month. The number of under contract listings was up 5.2% compared to previous month and up 46.2% compared to previous year. The Months of Inventory based on Closed Sales is 2.2, down 39% from the previous year.

The Average Sold Price per Square Footage was down 0.5% compared to previous month and up 10% compared to last year. The Median Sold Price increased by 5.4% from last month. The Average Sold Price also increased by 1.7% from last month. Based on the 6 month trend, the Average Sold Price trend is "Neutral" and the Median Sold Price trend is "Appreciating".

The Average Days on Market showed a neutral trend, an increase of 1.3% compared to previous year. The ratio of Sold Price vs. Original List Price is 93%, an increase of 1.1% compared to previous year. 

Sarasota County Market Stats July 2020

2020 July Sarasota County Home & Condo Statistics

  July 2020 Change from July 2019    Change from June 2020  
Average single family home sales price $443,000 Up 13.6 Up .9% 
Average condominium sales price $346,000 Up 11.3% Down .3% 
List to Sale Price Difference 96% Same Up 1% 
Average Days on Market 80 Up 1 Down 2
Months of Inventory 2.2   Down 39% Down 23.9% 
Properties For Sale 3,048 Down 26% Down 8.7% 
Pending Properties 1,528 Up 46.2% Up 5.2% 
Sold Properties 1,394 Up 21.3% Up 22.2% 

June 2020 Sarasota County Real Estate Market Update 

June 2020 was a Seller's market for Sarasota County! The number of for sale listings was down 25.3% from one year earlier and down 12.3% from the previous month. The number of sold listings decreased 8.1% year over year and increased 36.5% month over month. The number of under contract listings was up 25.9% compared to previous month and up 37.1% compared to previous year. The Months of Inventory based on Closed Sales is 2.9, down 19.3% from the previous year.

The Average Sold Price per Square Footage was up 10.4% compared to previous month and up 8.8% compared to last year. The Median Sold Price increased by 1.8% from last month. The Average Sold Price also increased by 11.9% from last month. Based on the 6 month trend, the Average Sold Price trend is "Neutral" and the Median Sold Price trend is "Neutral".

The Average Days on Market showed a neutral trend, a decrease of 5.7% compared to previous year. The ratio of Sold Price vs. Original List Price is 91%, an increase of 1.1% compared to previous year. 

Sarasota County Market Stats June 2020

2020 June Sarasota County Home & Condo Statistics

  June 2020 Change from June 2019    Change from May 2020  
Average single family home sales price $439,000 Up 10.9% Up 11.4% 
Average condominium sales price $347,000 Up 13.4% Up 10.9% 
List to Sale Price Difference 95% Same Same 
Average Days on Market 82 Down 5 Up 18
Properties For Sale 3,338 Down 25.3% Down 12.3% 
Pending Properties 1,534 Up 37.1% Up 25.9% 
Sold Properties 1,134 Down 8.1% Up 36.5% 

   

May 2020 Sarasota County Real Estate Market Update  

Sarasota County Market Stats May 2020

2020 May Sarasota County Home & Condo Statistics

  May 2020 Change from May 2019    Change from April 2020  
Average single family home sales price $394,000 Down 4.4% Down 9% 
Average condominium sales price $313,000 Down 13.8% Down 6.6% 
List to Sale Price Difference 95% Same Down 1% 
Average Days on Market 65 Down 22 Down 3 
Properties For Sale 3,808 Down 26.1% Down 8.8% 
Pending Properties 1,303 Up 5.7% Up 72.6% 
Sold Properties 828 Down 43.3% Down 15.9%