Search homes for sale in Sarasota, FL with real estate experts The Thompson Group.
The Sarasota housing market is relatively low in competition. Last month, the median sale price for a home in Sarasota was $462,000, reflecting a 6.3% decrease from the previous year. The median price per square foot is currently $333, down 14.4% year-over-year.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
The Sarasota real estate market is showing signs of cooling, with home prices down 6.3% from last year to a median of $462,000 and a notable 14.4% drop in the median price per square foot to $333. Homes are spending more time on the market, averaging 57 days compared to 43 days last year, which, along with a decrease in the number of homes sold (84 this September versus 117 last year), reflects softer buyer demand. This reduced competition and extended time on the market suggest that buyers may find more negotiating power as the market adjusts.
The Sarasota housing market is relatively calm, with homes typically selling in about 58 days and multiple offers being uncommon. On average, properties sell for approximately 5% below the list price, taking around 58 days to go pending. However, "hot" homes—those in particularly high demand—may sell closer to the list price and go pending within just 17 days. This indicates that while the market generally favors buyers with room for negotiation, well-priced or highly desirable homes can still attract swift interest, revealing pockets of activity even in a less competitive environment.
Nationwide, 1% of homebuyers explored relocating to Sarasota from other metropolitan areas, highlighting its appeal as a destination for those considering a lifestyle change. The most significant interest came from New York, followed closely by Chicago and Miami, suggesting that Sarasota’s warm climate, coastal lifestyle, and relatively lower cost of living are attracting buyers from large, high-density urban areas. This trend indicates Sarasota's growing reputation as a sought-after location for those seeking a more relaxed pace without sacrificing access to city amenities.
Whether you’re just starting to explore Sarasota or ready to make it your next home, our team is here to guide you every step of the way. From neighborhood insights to the latest market details, we’re dedicated to helping you find your ideal property in Sarasota. Reach out to us today with any questions or to start your journey to owning a home in this beautiful coastal city!
Curious about life in Sarasota, FL? Our in-depth neighborhood guide is your gateway to discovering all this beautiful coastal city has to offer—from vibrant communities to local amenities and lifestyle highlights. Whether you’re considering a move or simply want to explore, this guide provides everything you need to get to know Sarasota. Start browsing now to find the perfect neighborhood fit for you!
Meet our team.
Jennifer Thompson | November 26, 2024
Mote Aquarium Reopens After Hurricanes.
Jennifer Thompson | December 12, 2024
5 Essential Bathroom Upgrades.
Jennifer Thompson | December 12, 2024
Plan Your Real Estate Goals for 2025.
Jennifer Thompson | November 26, 2024
2025 Home Design Essentials.
November 20, 2024
Creating Curb Appeal and Enhancing Value.
November 19, 2024
Planning, Budgeting, and Design Essentials.
Jennifer Thompson | October 31, 2024
Embrace fall in Sarasota with local flavors, tropical decor, and outdoor festivities—experience autumn, Florida style!
Jennifer Thompson | October 31, 2024
Sarasota’s real estate market remains strong and steady! Discover what September’s data means for buyers and sellers navigating today’s trends.
Jennifer Thompson | October 21, 2024
Jennifer Thompson | October 23, 2024
Mastering the Art of Negotiation in Property Transactions.
Jennifer Thompson | October 23, 2024
Evaluating the Pros and Cons of Vertical Living.
Jennifer Thompson | October 23, 2024
Projecting the most topical questions ahead of 2025.
Jennifer Thompson | September 28, 2024
Recover from Hurricane Helene’s flood with these essential steps: safety, insurance claims, cleanup, and more. Stay safe, Sarasota!
Jennifer Thompson | September 28, 2024
Maximize your home’s potential with a pre-listing inspection.
Jennifer Thompson | September 28, 2024
Find your dream home in Sarasota.
Jennifer Thompson | September 28, 2024
A guide to choosing the right real estate professional.
Jennifer Thompson | September 28, 2024
Anticipate the aesthetic choices homeowners will make in 2025.
Jennifer Thompson | August 16, 2024
Transform Your Sarasota Home with Subtle Elegance and Timeless Design
Jennifer Thompson | August 8, 2024
Discover the Premier Community in Venice, Florida, Offering Luxury Living, World-Class Amenities, and a Vibrant Lifestyle in a Serene Natural Setting.
August 28, 2024
Ask your trusted agent to evaluate communities for these traits.
August 28, 2024
Match seasonal factors with the latest market data for a great sale.
August 28, 2024
Ensuring Your Investment Is Sound and Secure.
Jennifer Thompson | July 31, 2024
Jennifer Thompson | July 10, 2024
Sarasota, Florida, is not just a gem of the Gulf Coast with its beautiful beaches and cultural vibrance; it also serves as a fantastic starting point for a variety of … Read more
July 16, 2024
Explore the vibrant cultural and recreational activities in Sarasota, Florida.
July 16, 2024
Explore the essential smart house features transforming homes for sale in Sarasota, FL.
July 16, 2024
Explore the best day trips from Sarasota, FL, for adventure and relaxation.
Jennifer Thompson | June 25, 2024
Discover the vibrant allure of St. Armand’s Circle in Sarasota with The Thompson Group. Explore luxury real estate, top dining, unique shopping, and beautiful beaches.
Jennifer Thompson | June 19, 2024
Discover Sarasota’s stunning sandbars with The Thompson Group. From the vibrant Jewfish Key to the tranquil Beer Can Island, explore the best spots for swimming, snor… Read more
Jennifer Thompson | June 24, 2024
Few visitors realize Sarasota sparked a postmodern architectural style.
Jennifer Thompson | June 24, 2024
Get outside and enjoy the 250+ sunny days per year in Sarasota.
Jennifer Thompson | June 24, 2024
An expert overview of real estate financing and its crucial elements.
Jennifer Thompson | March 22, 2023
In this blog post, we’ll take a look at some of the most notable people that can Sarasota home.
Jennifer Thompson | May 23, 2024
Discover the best boating on the Gulf Coast.
Jennifer Thompson | May 31, 2024
Discover insider tips on how to prep for hurricane season 2024.
May 29, 2024
Discover the Essentials of Relocating to the Beautiful City of Sarasota.
May 29, 2024
A Culinary Guide For Food Lovers And Potential Homebuyers.
May 29, 2024
Explore the Vibrant and Diverse Shopping Scene in Sarasota, FL.
May 24, 2024
Your path to profit in the sun-drenched coastal paradise.
May 24, 2024
Navigating the sunshine state's real estate with success.
May 16, 2024
Your perfect home awaits.
Jennifer Thompson | April 29, 2024
Discover how to prepare your beachfront home for sea turtle season in Sarasota, Florida, and join efforts to protect these magnificent creatures.
Jennifer Thompson | April 20, 2024
School's out for the summer... but thankfully, Sarasota is a haven for young families!
Jennifer Thompson | March 27, 2024
Experience the vibrant community spirit and culinary delights at Sarasota's iconic Farmers Market. Fresh produce, local artisans, and more await!
Taylor Thompson | March 11, 2024
Are you ready to embark on a flavorful journey through the world of Sarasota breweries? Sarasota, on Florida's Gulf Coast, has a lively craft beer scene for newbies an… Read more
Jennifer Thompson | February 14, 2023
Sarasota, Florida is known for its beautiful beaches, vibrant arts scene.
Jennifer Thompson | February 27, 2023
Sarasota is known for its vibrant cultural scene, with numerous theaters, galleries, and museums in the area.
Jennifer Thompson | March 22, 2023
In conclusion, home renovations can be a great way to add value to your property.
Jennifer Thompson | April 19, 2023
Sarasota, Florida, is a vibrant and diverse city that offers residents a high quality of life.
Jennifer Thompson | April 26, 2023
This involves a combination of staging, decluttering, and making minor repairs.
Jennifer Thompson | May 28, 2023
Buying a home is a significant milestone in life, filled with excitement and anticipation.
Jennifer Thompson | May 28, 2023
For families, here are Sarasota’s finest neighborhoods to call home.
Jennifer Thompson | June 14, 2023
This summer, bring tropical vibes indoors with vibrant and exotic elements.
Jennifer Thompson | July 26, 2023
First impressions matter, so invest in enhancing your home's curb appeal.
Jennifer Thompson | July 26, 2023
In this blog, we will explore some of the best waterfront communities in Sarasota.
Jennifer Thompson | August 26, 2023
Selling your home in the beautiful city of Sarasota? Want to maximize your profit potential?
Jennifer Thompson | August 27, 2023
Condo living has become an increasingly popular lifestyle choice.
Jennifer Thompson | August 27, 2023
Enlisting the help of professionals throughout your homeownership journey can be a game-changer.
Jennifer Thompson | September 25, 2023
Sarasota is a diverse city with a range of neighborhoods, each offering a unique lifestyle.
Jennifer Thompson | September 25, 2023
Hiring a Realtor® is a crucial step in the home buying or selling process.
Jennifer Thompson | October 30, 2023
Sarasota's rise to prominence in the real estate market can be attributed to several key factors.
Jennifer Thompson | October 30, 2023
There's nothing quite like the joy of celebrating Thanksgiving in your new home.
Jennifer Thompson | November 29, 2023
It's essential to understand if these are one-time fees, monthly fees, or both.
Taylor Thompson | November 29, 2023
This flurry of development is not just changing Sarasota's skyline it's redefining our city's identity.
Jennifer Thompson | April 25, 2022
The spring housing market is in full swing in Sarasota and Manatee counties.
Jennifer Thompson | January 29, 2023
This top-notch academy is recognized as one of the best public schools in the state of Florida.
Jennifer Thompson | August 24, 2022
Sarasota’s foodie attraction is real! But what’s taking a real rise are kitchens on wheels.
Jennifer Thompson | December 28, 2022
The new year is here, and we can expect some major shifts in the local housing market.
Jennifer Thompson | September 22, 2022
When you live in Florida, you only know two types of weather - hot and hotter.
Jennifer Thompson | December 28, 2022
Home interiors are where this shift is expected to make its mark the most.
Jennifer Thompson | December 20, 2021
Potential homebuyers are always cautioned to be aware of mortgage lending standards.
Jennifer Thompson | February 23, 2022
The January real estate stats are in and the Sarasota market continues to heat up.Â
Jennifer Thompson | July 31, 2022
The June real estate stats are in and the Sarasota market continues to grow.
Jennifer Thompson | November 1, 2022
No matter what you celebrate, our family is wishing you nothing but the best as you celebrate.
Jennifer Thompson | October 26, 2022
Most of us are often under a lot of stress around the holidays trying to match up to the parties of others.
Jennifer Thompson | September 22, 2022
Fall is upon us, and with that comes the excitement of Halloween in Sarasota.
Jennifer Thompson | November 22, 2022
The beautiful beach city of Sarasota comes alive during the holidays.
Jennifer Thompson | January 29, 2023
Here's a look at some of the top home trends we can look forward to in Sarasota this year.
Jennifer Thompson | December 20, 2021
It is easy to become overwhelmed when you enter the home buying market.
Jennifer Thompson | August 7, 2022
Choosing a trustworthly and educated agent is important when selling your home.
Jennifer Thompson | November 30, 2022
The holidays are that time of the year when families unite to celebrate the spirit of togetherness.
Jennifer Thompson | September 15, 2022
Located outside the Ringling Estate, the location sits comfortably in the lap of breezy.
Jennifer Thompson | October 26, 2022
Cafe L'Europe is an elegant dining place perfect for ordering your Thanksgiving dinner.
Our community searches will keep you up to date with the latest properties in the areas you are interested in. We will help find you your little piece of paradise from golf to gulf and everything in between. Contact us today!