Real Estate Market Update for Sarasota, FL
Welcome to April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 11% from one year earlier, and down 3% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 400-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 21%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 250-thousand dollars. The number of units sold decreased 2% year-over-year, and increased 39% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Sarasota, FL
Area Information for Sarasota, FL
  • Population: 53,795
  • Median Age: 45.21 yr
  • Median Commute Time: 19 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 3,646/sq mi
  • Population Change Since 2000: 2.14%
  • Closest Airport: Sarasota/bradenton International
  • Closest College: Ringling College Of Art And Design
  • Closest Jr. College: Florida College Of Natural Health
  • Median Household Income: $43,664
  • Annual Residential Turnover: 21%
  • Median Home Sales Price: $177,500
  • Closest Major Sports Team: Gcl Reds (r)
  • Change Avg. Household Income Since 2000: 39.4%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Sarasota, FL
Median Age: 45.21 Married: 33% Number of Households: 24,063 Households with Children: 4,212
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Sarasota, FL

      School Name Distance Type Grades School Rating Parent Rating
      Tatum Ridge Elementary School 0.8 mi Public K-5 5 0
      Oak Park School 2.8 mi Public PRESCHOOL-12 0 0
      Lakeview Elementary School 2.8 mi Public K-5 5 0
      Sarasota Christian School 2.9 mi Private PRESCHOOL-12 0 0
      Sunnyside Mennonite School 3.1 mi Private K-11 0 0
      Fruitville Elementary School 3.2 mi Public PRESCHOOL-5 4 0
      Brentwood Elementary School 3.5 mi Public PRESCHOOL-5 3 0
      Sarasota Suncoast Academy 3.6 mi Public K-5 5 0
      Prew Academy 3.6 mi Private 6-12 0 0
      The Newgate-field School 4.0 mi Private PRESCHOOL-12 0 0
      Ashton Elementary School 4.1 mi Public K-5 5 0
      Ascension Lutheran School 4.1 mi Private PRESCHOOL-8 0 0
      Mcintosh Middle School 4.1 mi Public 6-8 4 0
      Sarasota Academy Of The Arts 4.2 mi Public K-8 0 0
      Julie Rohr Academy 4.2 mi Private 3-8 0 0
      Good Shepherd Lutheran School 4.2 mi Private PRESCHOOL-PRESCHOOL 0 0
      Liberty Baptist Academy 4.2 mi Private PRESCHOOL-12 0 0
      The Gap School 4.3 mi Private K-12 0 0
      Sarasota Middle School 4.3 mi Public 6-8 5 0
      St Martha Catholic School 4.3 mi Catholic PRESCHOOL-8 0 0
      Dreams Are Free Catholic School At Bishop Nevins Academy 4.3 mi Catholic K-8 0 0
      West Florida Christian School 4.4 mi Private PRESCHOOL-12 0 0
      Suncoast School For Innovative Studies 4.4 mi Public PRESCHOOL-8 2 0
      The Florida Center For Child And Family Development 4.4 mi Public PRESCHOOL-PRESCHOOL 0 0
      Cardinal Mooney Catholic High School 4.6 mi Catholic 9-12 0 4
      Beyond The Spectrum Education Center 4.6 mi Private K-7 0 0
      Sea Of Strengths Academy 4.6 mi Private 3-7 0 0
      Triad 4.8 mi Public 6-12 1 0
      Out Of Door Academy Upper School 4.8 mi Private 6-12 0 4
      Palm Grove Mennonite School 5.0 mi Private K-12 0 0
      Brickhouse Academy 5.1 mi Private 5-12 0 0
      Imagine School At Palmer Ranch 5.4 mi Public PRESCHOOL-8 4 0
      Sarasota County Technical Institute 5.4 mi Public 9-12 0 0
      Suncoast Polytechnical High School 5.4 mi Public 9-12 5 4
      Wilkinson Elementary School 5.5 mi Public PRESCHOOL-5 2 0
      Calvary Chapel School 5.7 mi Private PRESCHOOL-8 0 0
      Community Haven For Adults And Children With Disabilities 5.7 mi Public PRESCHOOL-PRESCHOOL 0 0
      Incarnation Catholic School 6.0 mi Catholic PRESCHOOL-8 0 0
      Goldie Feldman Academy At Temple Beth Sholom 6.1 mi Private PRESCHOOL-8 0 0
      Gocio Elementary School 6.1 mi Public K-5 1 0
      Ave Maria University Preparatory School 6.2 mi Catholic K-12 0 0
      Tuttle Elementary School 6.2 mi Public K-5 3 0
      Alta Vista Elementary School 6.3 mi Public K-5 3 0
      The Tabernacle Christian School 6.3 mi Private PRESCHOOL-8 0 0
      Riverview High School 6.6 mi Public 9-12 4 0
      Brookside Middle School 6.6 mi Public 6-8 3 0
      Gulf Gate Elementary School 6.6 mi Public PRESCHOOL-5 4 0
      Agape Christian School Of Sarasota 6.7 mi Private K-12 0 0
      Sarasota High School 6.8 mi Public 9-12 3 3
      Achievement Center (the) 7.0 mi Private 6-12 0 0
      Southside Elementary School 7.1 mi Public K-5 5 2
      The West Coast School 7.3 mi Private K-12 0 0
      Westcoast School For Human Development 7.3 mi Private K-12 0 0
      Phillippi Shores Elementary School 7.3 mi Public K-5 4 0
      Emma E. Booker Elementary School 7.3 mi Public PRESCHOOL-5 1 0
      Ese Special Programs 7.5 mi Public PRESCHOOL-12 0 0
      Sarasota Virtual School 7.5 mi Public K-12 4 0
      Booker Middle School 7.6 mi Public 6-8 2 0
      Waldorf Sarasota 7.7 mi Private PRESCHOOL-5 0 0
      Sarasota Military Academy 7.8 mi Public 9-12 4 4
      Children First 8.0 mi Public PRESCHOOL-PRESCHOOL 0 0
      Sarasota School Of Arts/sciences 8.0 mi Public 6-8 5 5
      Booker High School 8.3 mi Public 9-12 2 3
      Bay Haven School Of Basics Plus 8.9 mi Public K-5 4 5
      Kinnan Elementary School 9.0 mi Public PRESCHOOL-5 2 0
      Out-of-door Academy 9.1 mi Private PRESCHOOL-5 0 0
      The New College Child Center 10.1 mi Private PRESCHOOL-PRESCHOOL 0 0
      Florine J Abel Elementary School 10.9 mi Public PRESCHOOL-5 2 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Sarasota, FL
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.