The Sorrento housing market is not very competitive. The median sale price of a home in Sorrento was $1.3M last month, down 18.5% since last year. The median sale price per square foot in Sorrento is $432, down 25.6% since last year.
What is the housing market like in Sorrento today?
In March 2024, Sorrento home prices were down 18.5% compared to last year, selling for a median price of $1.3M. On average, homes in Sorrento sell after 65 days on the market compared to 30 days last year. There were 9 homes sold in March this year, down from 14 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,325,000
-18.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Sorrento, FL
$1,325,000
-18.5%
United States
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How hot is the Sorrento housing market?
Sorrento is not very competitive. Homes sell in 60 days.
0
100
26
Not Very 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 12 months
Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 60 days.
Hot homes
can sell for about 2% below list price and go pending in around 26 days.
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 Sorrento housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Sorrento.
Risk Factor
Flood Factor - Minor
28% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Sorrento has a minor risk of flooding. 0 properties in Sorrento are likely to be
severely affected
by flooding over the next 30 years. This represents 28% of all properties in Sorrento. Flood risk is increasing faster than the national average.
9% of properties are at risk of wildfire over the next 30 years
Fire Factor
Sorrento has a moderate risk of wildfire. There are 11 properties in Sorrento that have some risk of being affected by wildfire over the next 30 years. This represents 9% of all properties in Sorrento.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Sorrento has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Sorrento is most at risk from hurricanes. 118 properties in Sorrento 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 168 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 179 mph.