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
$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.