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(Prices and inventory current as of Jan 23, 2022)

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Direct Access To All Multiple
Listings Like Realtors®

(Prices and inventory current as of Jan 23, 2022)

See Pictures and updates (icon)See photos and updates from listings directly in your feed

Share with you friends (icon)Share your favorite listings with friends and family

Save your search (icon)Save your search and get new listings directly in your mailbox before everybody else

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Real Estate Market Update | Sarasota | 2021 Vs 2020

Real Estate Market Update | Sarasota | 2021 Vs 2020

Welcome to The Griffin Real Estate Market Update.

According to Stellar MLS, the marketplace for Sarasota residential properties, here’s what happened in 2021 versus 2020:

The Number of SOLD listings increased by 15% to 13861 properties with a top sale of $16.5 million at 1900 CASEY KEY RD in NOKOMIS.

The Average Sales Price increased by 30% to $594000 moving the Average Price Per Square Foot up to $291 per square foot.

The inventory of properties available for sale as measured in months supply decreased by 50% to 1 months worth of properties for sale.

The average 30 year fixed mortgage rate increased to 3.27% according to Bank Rate.com.

Thanks for tuning in, we’ll see you in the next Griffin Real Estate Market Update.

Sarasota

Average Sales Price
2020 – $458180
2021 – $594078
30% up

Average Days On Market
2020 – 78
2021 – 36
54% down

Average Sale Price Per Square Foot
2020 – $227
2021 – $291
28% up

Sale to List Price Ratio
2020 – 97.50%
2021 – 100.00%
3% up

Number of Sold Listings
2020 – 12060
2021 – 13861
15% up

Months Supply of Inventory
2020 – 2
2021 – 1
50% down

Mortgage Rate
2020 – 2.96%
2021 – 3.27%
10% up

Top 10 Sales

  1. $16500000 1900 CASEY KEY RD NOKOMIS, MA
  2. $14000000 7712-7711-7660 SANDERLING RD SARASOTA, MA
  3. $13250000 1452 HILLVIEW DR SARASOTA, MA
  4. $12000000 4300 HIGEL AVE SARASOTA, MA
  5. $10060000 171 S WASHINGTON DR SARASOTA, MA
  6. $9747250 605 S GULFSTREAM AVE Unit#PH18 SARASOTA, MA
  7. $9250000 1588 N CASEY KEY RD OSPREY, MA
  8. $8927943 401 QUAY COMMONS Unit#PH1903 SARASOTA, MA
  9. $8248450 4266 HIGEL AVE SARASOTA, MA
  10. $8050000 3500 BAYOU LOUISE LN SARASOTA, MA

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