The Luxury Market Report
Sarasota & Surrounding Beaches Florida
Introducing a comprehensive guide to the current statistics and trends in the luxury market, specifically focusing on Sarasota’s Surrounding Beaches. This analysis dives deep into the month-to-month and 13-month trends, providing an in-depth understanding of the local market.
Whether you are looking to sell or buy a luxury home in today’s market, it is crucial to have access to critical knowledge about your local market. I’m here to give you that knowledge and help you through the process. I can provide the technology and strategies to ensure that you receive maximum exposure and assistance. I understand the importance of staying informed and making data-driven decisions when buying or selling a luxury home.
Overview:
- The Sarasota luxury market is a Seller’s Market with a 30% Sales Ratio.
- Homes sold for a median of 97.03% of the list price in May 2023.
- The most active price band is $4,700,000-$5,499,999, where the sales ratio is 167%
- The median luxury sales price for attached homes is $1,500,000.
- The median days on the market for May 2023 was 28 days, up from 7 in May 2022