Luxury Market Report Sarasota

☘ Having earned many top Real Estate industry respected Certifications and Designations through additional education and production requirements, Barry is also a CLHMS™ (Certified Luxury Home Marketing Specialist), Click Here to see how we can better help and serve you with higher end properties in the Luxury Home Market ☘

Recent ILHM Luxury Market Report / updates for Sarasota; Central / Mid FL

The Luxury Benchmark Price for Single Family Homes in Sarasota is currently: $900,000

The Luxury Benchmark Price for Condos (attached homes) in Sarasota is currently: $830,000

Please ask us for  copy of the full 5 page report for Sarasota and for other cities / market areas where you may have an interest. Below are the summaries for Sarasota; Central / Mid Florida.

SARASOTA MARKET SUMMARY for SINGLE-FAMILY HOMES; April 2020

• The Sarasota single-family luxury market is a Buyer's Market with a 9% Sales Ratio.

• Homes sold for a median of 95.24% of list price in March 2020.

• The most active price band is $1,000,000-$1,099,999, where the sales ratio is 26%.

• The median luxury sales price for single-family homes has decreased to $1,325,000.

• The median days on market for March 2020 was 33 days, down from 64 in February 2020.

SARASOTA MARKET SUMMARY for ATTACHED HOMES (CONDOS), April 2020

• The Sarasota attached luxury market is a Balanced Market with a 17% Sales Ratio.

• Homes sold for a median of 97.89% of list price in March 2020.

• The most active price band is $1,700,000-$1,899,999, where the sales ratio is 64%.

• The median luxury sales price for attached homes has increased to $1,220,840.

• The median days on market for March 2020 was 24 days, down from 34 in February 2020.

As a Member of The Institute for Luxury Home Marketing and CLHMS we have many additional tools to help Higher End Sellers and Buyers; in any location / marketplace.

The Institute's Luxury Market Report is your guide to luxury real estate data and trends for North America. Produced monthly, this report provides an in-depth look at the top residential markets across the United States and Canada. As an active member of The Institute, we receive exclusive access to a deep-dive report with analysis on all of the included markets.

Barry is a member of the eXp Realty Luxury Collection; for eXp Agents who Specialize in the Luxury Market.

(eXp Realty Luxury Collection agents serve the luxury community in acquiring and selling high-value residential homes and estates. Every eXp Realty Luxury Collection agent is a member of the Institute for Luxury Home Marketing and has successfully closed multiple luxury transactions and/or has earned the Certified Luxury Home Marketing Specialist designation.)

text:  SARASOTA LUXURY SINGLE FAMILY  to:  239-360-5527  ☘  for a list of Availble Luxury Single Family Homes

text:  SARASOTA LUXURY CONDO  to:  239-360-5527  ☘  for a list of Availble Luxury Condos

☘ Here is a link to our Luxury Home Market Resource Page ☘

Also; please check out our other Custom Pages; Blogs, and tabs to many other informational Updates, Reports, Tools, and Links that we have here on our informational website.  

"We hope that you find the information useful.  If you have any questions, please do not hesitiate to contact Barry & Kim with the Hoey Team  email us at: Barry@SWFLLuxury.Com  or KimZuponcic@Gmail.com or Call/Text the Hoey Team ☘ at:  (239)-360-5527 

Please Share this Page with anyone who you think the information will help.  Feel free to refer any family or friends; it is the greatest compliment that you can give to us; we really appreciate referrals; and we will help in any way we can. 

Most of our business is referrals by word of mouth from past Sellers and Buyers who we have helped; as well as fellow REALTORS also; please ask for and check out our testimonials. 

Thanks, Barry & Kim ☘

Areas We Cover