Monthly Market Update

Monthly Market Update

Between August 2020 and August 2022, home prices across the United States and Canada rose to record levels, with the U.S. housing market rising to a record of 19.9% and the Canadian housing market rising to a record 21.4%.
 
2024 stands to be another strong year for sellers. If you're thinking about selling your home, being aware of the trends in the market will help you understand the strength of the market. 
 
Our monthly market update showcases everything you need to know about local real estate trends over the last month. 
 

February Market Update for Sarasota

 
More Info
 
$714,000
Avg. Sale Price SFH
$506,000
Avg. Sale Price Condos
9,670
Active Listings
2,310
Under Contract
1,619
Closed Sales
 
More Info
 
92%
List to Sale Price Ratio
6
Months of Supply
70
Average Days on Market

 

 

 

Work With Sandra

As a Compass Luxury Consultant specializing in Lakewood Ranch, Longboat Key, and Sarasota real estate markets, Sandra is committed to serving her clients with excellence. She stands out as a leader and innovator in the industry, providing tailored real estate solutions that align with her client's unique needs. Sandra’s mission is centered around enhancing the property buying or selling experience in these key locations, while her vision and values reflect her commitment to sustainable and community-focused practices. With a client-centric culture that sets her apart, Sandra is redefining luxury real estate in Lakewood Ranch, Longboat Key, and Sarasota. If you're seeking property guidance rooted in expertise and innovation, Sandra is your ideal real estate partner.

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