Named the "Best Small City" in the U.S. and one of the best places in the nation to live and work, Sarasota offers its residents miles of world-class white-sand beaches, plenty of cultural and recreational activities and an excellent quality of life. Sarasota offers the best of both worlds - small-town charm and big city amenities. Residents and visitors enjoy breathtaking sunsets, educational museums, operas, ballets, theater and other entertainment. And when it comes to recreation, Sarasota offers a full array of activities including everything from tennis and golf to fishing and boating.(more)
The beauty of Sarasota will get your attention on your first visit. If you see Sarasota first from the window of an airplane, the colors of the Gulf of Mexico and Sarasota Bay, contrasting with the brilliant white sand of Longboat, Lido, and Siesta beaches, will make you anxious to see more. A rainbow of colors comes from the tall condominiums shining in the sun, the warm tile on the roof and patio of the mansion built by circus magnate John Ringling, the various green hues from the lush jungle-like vegetation, the flowers that are blooming any month of the year, and the lavender seashell-design Van Wezel Performing Arts Hall.
Price Range of Sarasota Florida Houses for Sale
Home prices are very affordable. Condominiums and townhouses can be found beginning at $200,000 and running up to $3 million and more for large properties and hi-rises located on the coast. Single-family homes start at around $250,000 and range up to $5 million and more for estate properties with acreage located along the coast. There are many homes with gulf, bay and canal frontage as well as golf course and horse properties. A typical three-bedroom, two-bath home can be found in the $250,000 to $500,000 range.
Sarasota, Florida Average Home Sizes and Asking Prices
Sarasota Real Estate Stats and Trends for the week of March 30th, 2020: homes priced around $590,676 compared to $591,211 the previous week, for a slight decrease of less than -1%. For Monday, March 30th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.