Home > Sarasota Real Estate Market
Winter 2020 Market Update
Sarasota is becoming more popular by the day with new condos and downtown development in the works. Sarasota and neighboring master-planned community, Lakewood Ranch, offer some of the most beautiful homes and lifestyles available in Florida.
Average Sold Home Price: $375,000

Average Time on Market: 30-60 days

Best Selling Price Range: $350,000 - $399,000

Existing Home Prices for the past 90 days: Increasing

Market Trend: Decreasing

Buyer's or Seller's Market: More buyers than sellers

Buyer Activity for the past 90 days: Increasing

Seller Activity for the past 90 days: Increasing

Multiple Offers? Yes

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? 0-5%

Is Financing Available For Qualified Buyers? Yes

Housing Inventory: Limited Supply

Greatest Activity: Repeat Buyers

Best reason to buy or sell: Population Growth

Nearest Metro Area: Sarasota

Contact Information
Rick Libro
941-504-2850
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Mortgage Rates for Feb 17th, 2020
30 year fixed rate: 4.51%
15 year fixed rate: 3.90%
30 year jumbo rate: 4.41%
15 year jumbo rate: 4.12%
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Real Estate Professional, Rick Libro Rick Libro
Fine Properties
Specializing in Sarasota Real Estate
2716 Fruitville Rd
Sarasota, Florida 34237
941-504-2850
Email Me | Receive New Listings by Email
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(Because current market conditions can change rapidly in any given marketplace,
please check with Rick Libro for current Sarasota, FL market conditions before acting on this information.)
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