Is Sarasota County, FL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Sarasota County is a buyer's market


Difference Since November 2022

At the same time last year, Sarasota County was a Seller's Market.

Key Takeaway

Sarasota County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sarasota County, FL

How much do homes in Sarasota County, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Sarasota County have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Sarasota County was $450,029 in November 2023, up 2.7% from last year, and the median price per square foot was $280.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $305K$233.5K
2 $355.3K$374.8K
3 $459.7K$479.8K
4 $676.7K$709.4K
5+ $1.1M$991.7K

Summary: Sarasota County housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 23.4%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 13.3%.

Median Sold Price Compared To Nearby Counties

Sarasota County
Manatee County
Charlotte County
DeSoto County

Housing Supply in Sarasota County, FL

How many homes are available in Sarasota County, FL?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Sarasota County real estate market had 5,652 homes for sale in November 2023, a 8.5% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 160162
2 1,8752,113
3 2,3762,514
4 644693
5+ 154170

Summary: The Sarasota County housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 1.3%, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 10.4%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

485 Homes Were Sold
Under Asking

150 Homes Were Sold
At Asking

133 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sarasota County, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.

Summary: A total of 768 homes were sold or pending in Sarasota County in November 2023, down by 1.0% month-over-month. Of the 768 sold homes, 63% were sold under asking, 20% were sold at asking, and 17% were sold over asking.

Days on Market for Sarasota County, FL

How long does it take to sell a home in Sarasota County, FL?

Average Sale Time

Nov 2022Nov 2023CHANGE
40 Days47 Days+18.4%

Summary: Homes in Sarasota County had an average of 47 days on market in Nov 2023, up by 18.4% compared to last year.

Breakdown of Home Sale Times

432 Homes Were Sold
Under 30 Days

195 Homes Were Sold
In 30 - 90 Days

141 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sarasota County are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 768 homes were sold in Sarasota County; 56% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Sarasota County, FL

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What housing markets are near Sarasota County, FL?