Sarasota Real Estate in 2024: Q1 Market Update and Forecast
Posted by Matt Leicht on
Sarasota Real Estate in 2024: Q1 Market Update and Forecast
As a top realtor team in Sarasota, we're bringing you the inside scoop on how the real estate market performed in the first quarter of 2024 and what to expect for the remainder of the year. Whether you're a local homeowner or looking to relocate to our fantastic coastal community, this comprehensive market report is a must-read.
Sarasota County Overall Market Trends
Across Sarasota County (excluding Northport and Englewood), closed sales saw a 4% decrease year-over-year, while pricing increased by 2%. Specifically for single-family homes, the median price is now $571,000, reflecting a 4% rise.
However, digging deeper into quarterly data from the past year reveals pricing has…
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