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Palm Aire Home Values and Market Report

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Sarasota One
Report prepared by Sarasota One

Market at a glance

Over the last 12 months, homes sold for 95.8% of list price in 86 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $489K Sold · $467K
$520K$470K$420K$370K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 68 sales in May. Last month: 65.

Where the market stands

All homes in this report, by status.

920homes
Active234 · 25%
Under contract45 · 5%
Sold (12 mo)641 · 70%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$663K
Under contract$449K
Sold$431K

Average days on market

Active110 days
Under contract91 days
Sold86 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 234
Average list price $662,760
Avg. days on market 110 days
Avg. price per ft² $310 Based on 223 of 234 homes
Avg. living area 1,746 ft² Based on 223 of 234 homes
Avg. beds / baths 2.8 / 2.4

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

11 homes didn’t report living area and aren’t shown.

4 homes are larger or pricier than this chart’s scale and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 219 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

34 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

7865 27th Street E$3,480
7524 Westmoreland Drive$1,445
8405 Louisiana Street$1,170
7538 Westmoreland Drive$982
7927 Longbay Boulevard$974
7808 34th Court E$938
7418 Westmoreland Drive$928

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
4406 70th Drive ESarasota, FL 34243 321,281$395,500$3081 day
7150 N Tamiami Trail Unit S512Sarasota, FL 34243 —1348$90,000$2582 days
5818 N Lockwood Ridge RoadSarasota, FL 34243 ———$155,000—2 days
1015 Southern Pine LaneSarasota, FL 34243 321,484$395,000$2662 days
7847 Eagle Creek DriveSarasota, FL 34243 22983$175,000$1782 days
8164 36th Street ESarasota, FL 34243 321,844$610,000$3303 days
8444 Palm Lakes CourtSarasota, FL 34243 321,955$615,000$3143 days
5651 Gardens Drive Unit 201Sarasota, FL 34243 221,080$224,900$2083 days
2937 Trustee AvenueSarasota, FL 34243 221,428$399,000$2793 days
3215 78th Avenue ESarasota, FL 34243 221,464$349,000$2383 days
Sarasota One

Questions about this market?

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