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Monthly Market Update

Sandra Osorio

Sandra Osorio is a Luxury Real Estate Broker with a Team In Sarasota and Miami Beach’s premier realtor specializing in luxury real estate in Miami B...

Sandra Osorio is a Luxury Real Estate Broker with a Team In Sarasota and Miami Beach’s premier realtor specializing in luxury real estate in Miami B...

Apr 4 1 minutes read

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

$714,000

Avg. Sale Price 

SFH

$506,000

Avg. Sale Price 

Condos

9,670


Active Listings

2,310


Under Contract

1,619


Closed 

Sales

92%

List to Sale 

Price Ratio

6

Months of Supply

70

Average Days on Market

Curious about how your home's value has changed?

We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information.

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