The Downtown Sarasota housing market is not very competitive. The median sale price of a home in Downtown Sarasota was $953K last month, down 20.6% since last year. The median sale price per square foot in Downtown Sarasota is $914, up 14.9% since last year.
What is the housing market like in Downtown Sarasota today?
In October 2024, Downtown Sarasota home prices were down 20.6% compared to last year, selling for a median price of $953K. On average, homes in Downtown Sarasota sell after 68 days on the market compared to 40 days last year. There were 22 homes sold in October this year, down from 39 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$952,500
-20.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Downtown Sarasota, FL
$952,500
-20.6%
United States
To compare other locations to the Downtown Sarasota and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. 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.
Work with the best agents in Downtown Sarasota
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Downtown Sarasota housing market?
Downtown Sarasota is not very competitive. Homes sell in 57 days.
0
100
22
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 3 months
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 57 days.
Hot homes
can sell for around 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 Downtown Sarasota housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Sarasota.
Flood Factor - Moderate
49% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Sarasota has a moderate risk of flooding. 158 properties in Downtown Sarasota are likely to be
severely affected
by flooding over the next 30 years. This represents 49% of all properties in Downtown Sarasota. Flood risk is increasing faster than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Sarasota has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Sarasota is most at risk from hurricanes. 711 properties in Downtown 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 165 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 172 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Downtown Sarasota has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Sarasota have an Extreme Heat Factor®.
Downtown Sarasota is expected to see a 314% increase in the number of days over 107ºF over the next 30 years. Downtown Sarasota is expected to experience 6