Sarasota, FL Foreclosures
How much do homes sell for in Sarasota, FL?
The average home price is currently $608,420.
In Sarasota, FL, how many homes are available?
There are currently 12 active home listings available in Sarasota.
What’s the average rental cost in Sarasota, FL?
The average rental price in Sarasota is $2,011.
What is the most expensive home in Sarasota?
The most expensive home sold in Sarasota had a price of $108,615,648.
What is currently the cheapest priced home in Sarasota, FL?
The cheapest home for sale in Sarasota is priced at $27,712.
Living in Sarasota, FL
Sarasota, Florida is a vibrant city on the Gulf Coast, renowned for its picturesque beaches and rich arts culture. With ample amenities and outdoor activities, it offers a quality lifestyle for families and retirees alike. The area enjoys a warm climate, making it an appealing location year-round.
Current Market Conditions in Sarasota, FL
The Sarasota real estate market is competitive, with a high demand for properties, especially near the coast. The average home price has steadily increased, indicating strong investment potential, particularly in vacation rentals due to the city's tourism appeal. As more people relocate for the desirable lifestyle, market activity remains robust.
Currently, there is a noticeable trend of rising home prices, with many buyers willing to pay a premium for access to Sarasota's beaches and cultural offerings. This trend has led to a scarcity of homes on the market, pushing buyers to act quickly when a desirable property becomes available.
Home Value Estimator For Sarasota, FL
There are currently 106,539 real estate properties
in Sarasota, FL,
with a median automated valuation model (AVM) price
of $425,984.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sarasota, FL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Sarasota, FL,
is $608,420.00, with the most expensive house
in Sarasota, FL, topping out
at $108,615,648.00 and the cheapest home
in Sarasota, FL,
clocking in at $27,712.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sarasota, FL!
Rent Prices
In Sarasota, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sarasota, FL, is on
a rollercoaster ride. The
average rent price in Sarasota, FL,
is $2,011.00. Indeed, when looking to rent in
Sarasota, FL, you can expect to pay as little
as $690.00 or as much
as $5,900.00,
with the average rent median estimated to
be $1,800.00. The good news is that finding
an affordable and desirable property to rent in Sarasota, FL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
