The Sarasota housing market is somewhat competitive. The median sale price of a home in Sarasota was $538K last month, down 6.4% since last year. The median sale price per square foot in Sarasota is $369, up 0.5% since last year.
What is the housing market like in Sarasota today?
In March 2024, Sarasota home prices were down 6.4% compared to last year, selling for a median price of $538K. On average, homes in Sarasota sell after 50 days on the market compared to 26 days last year. There were 166 homes sold in March this year, down from 176 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$537,500
-6.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Sarasota, FL
$537,500
-6.4%
United States
To compare other locations to the Sarasota and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Sarasota's median sale price is 28% higher than the national average. Overall cost of living in Sarasota is 4% higher than the national average. Learn which home features in Sarasota add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Sarasota housing market?
Sarasota is somewhat competitive. Homes sell in 42 days.
0
100
47
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 42 days.
Hot homes
can sell for around list price and go pending in around 12 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Sarasota
Explore recent offers and recently sold homes in Sarasota
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Southside Elementary School
Public • PreK-5
729
Students
10 reviews
8/10
Bay Haven School of Basics Plus
Public • K-5 • Choice school
612
Students
12 reviews
6/10
Alta Vista Elementary School
Public • PreK-5
545
Students
6 reviews
4/10
Gocio Elementary School
Public • PreK-5
624
Students
4 reviews
4/10
Emma E. Booker Elementary School
Public • PreK-5
560
Students
1 reviews
Only showing 5 of
6 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Sarasota housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Sarasota.
Risk Factor
Flood Factor - Severe
40% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Sarasota has a severe risk of flooding. 3,840 properties in Sarasota are likely to be
severely affected
by flooding over the next 30 years. This represents 40% of all properties in Sarasota. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Sarasota has a moderate risk of wildfire. There are 169 properties in Sarasota that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Sarasota.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Sarasota has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Sarasota is most at risk from hurricanes. 17,806 properties in Sarasota have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 204 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 212 mph.