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Sarasota Home Prices
Guide to current Sarasota real estate prices:
Properties on or near any water can be significantly higher.
These figures are based on the sales reported in the local Sarasota MLS.
Sarasota Real Estate Sales Data:
Residential Average Price : $457,715
Residential Median Price: 330,000
Condo Average Price : $415,251
Condo Median Price 260,000
% of List Price to Sales Price:
House: 97.4
Condo: 97.7 |
Average Price: The total price of all of the sold homes divided by the number of homes sold.
Median Price: is the value that separates the highest half of the sample from the lowest half. |
Prices of Sarasota houses and Sarasota Real Estate will be affected by any number of factors including the location, square footage, pool and the number of bedrooms to name a few.
A property on water will be significantly higher in Sarasota. Gulf Front and Inter-residential Sarasota residentail homes will start at over $1,000,000. A lot on a canal is currently worth $400,000 and higher.
Sarasota area condos on one of our beaches will start at around $450,000 depending on the view, beach access, condition of the property and number of bedrooms. This holds true for Siesta Key, Longboat Key, Lido key and Anna Marie Island.
Rental Income also affects the price of many properties.
You will also find terrific units in Sarasota within a very short drive to the beaches. As an example, a 2 bedroom 2 bath unit will start at about $175,000.
Residential single family homes will be priced from $250,000 and up depending on the amenities. New construction is also available in many Sarasota areas.
Median home price(Sarasota): $126,100
Median home price (Florida): $151,700
Typical corporate-level home (single-family, four-bedroom, 2-½-bath, 2,200-square-foot dwelling with two-car garage):
- $225,000 (for Sarasota, Fla.)
- $265,000 (for St. Petersburg, Fla.)
- $231,250 (for Tampa, Fla.)
- $165,500 (for Orlando, Fla.)
- N/A (for Fort Myers, Fla.)
- $191,075 (for Naples, Fla.)
- $182,330 (for Miami)
Annual rent, by state (annual rent per $10,000 of household income): $1,755 each year (for Florida)
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