Sarasota, FL Real Estate & Property Data

Sarasota Real Estate Market Trends
Last Updated: March 04, 2024

To gain insights into Sarasota, FL’s real estate market, it is crucial to have accurate and comprehensive real estate data. ATTOM updates Sarasota real estate data on a daily basis, providing you with the most current information. As per the latest market trends, 7,634 residential properties have been sold in Sarasota, FL over the past year, with a median home price of $499,000. Additionally, 43.2% of homes in Sarasota are equity rich, while 0.4% of homes are seriously underwater. There have been 18 foreclosure filings in the area year-to-date. To obtain detailed information on properties in Sarasota, Florida, you can rely on ATTOM, your go-to source for Sarasota property reports and real estate data.

Sarasota Real Estate Market Trends
Total Residential Properties 124,470
Total Commercial Properties 4,888
Avg. Home Age (Single Family Home) 41 Years
Avg. Square Feet (Single Family Home) 1,843
Total 2024 Residential Sales (year-to-date) 471
% of Homes Seriously Underwater (Q1 2024) 0.4%
Total 2023 Residential Sales 7,163
% of Equity Rich Homes (Q1 2024) 43.2%
Effective 2023 Property Tax 0.69%
Total Foreclosure Filings (year-to-date) 18
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Sarasota, FL Real Estate Overview

Sarasota, FL saw 7,634 residential properties being sold in the past year, with a median home value of $507,408. The city of Sarasota has a total of 124,470 residential properties, spread across 3676 streets and 12 zip codes.

Median Sales Price i
$499,000
(Jan 2024)
-3.1%
year-over-year
y-o-y
  • January '24 Jan '24 $499,000
  • December '23 Dec '23 $475,000
  • November '23 Nov '23 $475,000
  • October '23 Oct '23 $475,000
  • September '23 Sep '23 $526,250
  • August '23 Aug '23 $530,000
  • July '23 Jul '23 $552,000
  • June '23 Jun '23 $534,950
  • May '23 May '23 $525,000
  • April '23 Apr '23 $500,000
  • March '23 Mar '23 $538,000
  • February '23 Feb '23 $535,000
Median Down Payment i
$100,000
(Jan 2024)
-7.6%
year-over-year
y-o-y
  • January '24 Jan '24 $100,000
  • December '23 Dec '23 $108,000
  • November '23 Nov '23 $85,600
  • October '23 Oct '23 $108,000
  • September '23 Sep '23 $148,000
  • August '23 Aug '23 $120,000
  • July '23 Jul '23 $111,950
  • June '23 Jun '23 $120,000
  • May '23 May '23 $110,937
  • April '23 Apr '23 $101,000
  • March '23 Mar '23 $126,804
  • February '23 Feb '23 $117,500
Number of Homes Sold i
471
(Jan 2024)
-9.9%
year-over-year
y-o-y
  • January '24 Jan '24 471
  • December '23 Dec '23 539
  • November '23 Nov '23 490
  • October '23 Oct '23 488
  • September '23 Sep '23 536
  • August '23 Aug '23 579
  • July '23 Jul '23 539
  • June '23 Jun '23 746
  • May '23 May '23 739
  • April '23 Apr '23 682
  • March '23 Mar '23 737
  • February '23 Feb '23 565
Number of Purchase Loans i
194
(Jan 2024)
-16%
year-over-year
y-o-y
  • January '24 Jan '24 194
  • December '23 Dec '23 199
  • November '23 Nov '23 193
  • October '23 Oct '23 203
  • September '23 Sep '23 238
  • August '23 Aug '23 265
  • July '23 Jul '23 253
  • June '23 Jun '23 344
  • May '23 May '23 336
  • April '23 Apr '23 282
  • March '23 Mar '23 328
  • February '23 Feb '23 222
Number of REFI Loans i
108
(Jan 2024)
-9.2%
year-over-year
y-o-y
  • January '24 Jan '24 108
  • December '23 Dec '23 84
  • November '23 Nov '23 98
  • October '23 Oct '23 110
  • September '23 Sep '23 107
  • August '23 Aug '23 148
  • July '23 Jul '23 111
  • June '23 Jun '23 122
  • May '23 May '23 144
  • April '23 Apr '23 113
  • March '23 Mar '23 132
  • February '23 Feb '23 107
Number of HELOC Loans i
68
(Jan 2024)
-50.7%
year-over-year
y-o-y
  • January '24 Jan '24 68
  • December '23 Dec '23 77
  • November '23 Nov '23 106
  • October '23 Oct '23 102
  • September '23 Sep '23 101
  • August '23 Aug '23 114
  • July '23 Jul '23 112
  • June '23 Jun '23 101
  • May '23 May '23 116
  • April '23 Apr '23 99
  • March '23 Mar '23 111
  • February '23 Feb '23 110

Sarasota, FL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Sarasota, FL Foreclosure Activity

There were a total of 18 Sarasota, FL properties with a foreclosure filing in January 2024. Lenders started the foreclosure process on 16 Sarasota, FL properties and repossessed 1 Sarasota, FL properties through completed foreclosures (REOs) in January 2024.

Total Foreclosure Filings i
18
(Jan 2024)
-10%
year-over-year
y-o-y
  • January '24 Jan '24 18
  • December '23 Dec '23 14
  • November '23 Nov '23 31
  • October '23 Oct '23 16
  • September '23 Sep '23 25
  • August '23 Aug '23 25
  • July '23 Jul '23 42
  • June '23 Jun '23 32
  • May '23 May '23 35
  • April '23 Apr '23 23
  • March '23 Mar '23 37
  • February '23 Feb '23 20
Foreclosure Starts i
16
(Jan 2024)
+14.3%
year-over-year
y-o-y
  • January '24 Jan '24 16
  • December '23 Dec '23 10
  • November '23 Nov '23 25
  • October '23 Oct '23 12
  • September '23 Sep '23 18
  • August '23 Aug '23 18
  • July '23 Jul '23 34
  • June '23 Jun '23 28
  • May '23 May '23 27
  • April '23 Apr '23 16
  • March '23 Mar '23 29
  • February '23 Feb '23 16
Completed Foreclosures (REOs) i
1
(Jan 2024)
-75%
year-over-year
y-o-y
  • January '24 Jan '24 1
  • December '23 Dec '23 1
  • November '23 Nov '23 3
  • October '23 Oct '23 1
  • September '23 Sep '23 1
  • August '23 Aug '23 2
  • July '23 Jul '23 2
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 5
  • February '23 Feb '23 3
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