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Direct Access To All Multiple
Listings Like Realtors®

(Prices and inventory current as of Nov 30, 1999)

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 | April 2022 Vs March 2022

Real Estate Market Update | Sarasota | April 2022 Vs March 2022
May 9, 2022 By: Category: Real Estate Market Update

Real Estate Market Update | Sarasota | April 2022 Vs March 2022

Welcome to The Griffin Real Estate Market Update.

If you’re thinking about buying or selling residential real estate, it’s important to understand the current market trends. 

According to Stellar MLS, the marketplace for Sarasota residential properties,  here’s what happened in April 2022 versus March 2022: 

The Number of SOLD listings decreased by 7% to 1031 properties with a top sale  of $10.5 million at 1144 SEA GRAPE POINT RD in NOKOMIS. 

The Average Sales Price increased by 6% to $703000 moving the Average Price  Per Square Foot up to $371 per square foot. 

The inventory of properties available for sale as measured in months supply had no change with to 1 months worth of properties for sale. 

The average 30 year fixed mortgage rate increased to 5.42% 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
March 2022 – $660384
April 2022 – $702832
6% up

Average Days On Market
March 2022 – 21
April 2022 – 17
19% down

Average Sale Price Per Square Foot
March 2022 – $353
April 2022 – $371
5% up

Sale to List Price Ratio
March 2022 – 100.80%
April 2022 – 100.80%
0% no change

Number of Sold Listings
March 2022 – 1103
April 2022 – 1031
7% down

Months Supply of Inventory
March 2022 – 1
April 2022 – 1
0% no change

Mortgage Rate
March 2022 – 4.49%
April 2022 – 5.42%
21% up

Top 10 Sales

  1. $10500000 1144 SEA GRAPE POINT RD NOKOMIS, MA
  2. $7480000 3139 BAY SHORE RD SARASOTA, MA
  3. $6995000 422 MEADOW LARK DR SARASOTA, MA
  4. $6300000 144 N CASEY KEY RD OSPREY, MA
  5. $6250000 852 FREELING DR SARASOTA, MA
  6. $5990000 7967 MIDNIGHT PASS RD SARASOTA, MA
  7. $5550000 1300 BENJAMIN FRANKLIN DR Unit#1001 SARASOTA, MA
  8. $4880000 506 VENICE LN SARASOTA, MA
  9. $4849000 404 S SHORE DR SARASOTA, MA
  10. $4650000 548 HORNBLOWER LN LONGBOAT KEY, MA

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