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

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Real Estate Market Update | Sarasota | October 2021 Vs September 2021

Real Estate Market Update | Sarasota | October 2021 Vs September 2021
November 6, 2021 By: Category: Real Estate Market Update

Real Estate Market Update | Sarasota | October 2021 Vs September 2021

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 October 2021 versus September 2021:

The Number of SOLD listings decreased by 4% to 949 properties with a top sale of

The Average Sales Price increased by 6% to $581000 moving the Average Price.

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

The average 30 year fixed mortgage rate increased to 3.24% 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
September 2021 – $546150
October 2021 – $580945
6% up

Average Days On Market
September 2021 – 23
October 2021 – 21
9% down

Average Sale Price Per Square Foot
September 2021 – $286
October 2021 – $299
5% up

Sale to List Price Ratio
September 2021 – 100.32%
October 2021 – 100.16%
0% no change

Number of Sold Listings
September 2021 – 986
October 2021 – 949
4% down

Months Supply of Inventory
September 2021 – 1
October 2021 – 1
0% no change

Mortgage Rate
September 2021 – 3.17%
October 2021 – 3.24%
2% up

Top 10 Sales

  1. $12000000 4300 HIGEL AVE SARASOTA, MA
  2. $6700000 1001 TOCOBAGA LN SARASOTA, MA
  3. $6500000 231 ROBIN DR SARASOTA, MA
  4. $6275000 3935 SHELL RD SARASOTA, MA
  5. $6200000 276 N WASHINGTON DR SARASOTA, MA
  6. $5908000 3850 TANGIER TER SARASOTA, MA
  7. $5237500 500 HARBOR POINT RD LONGBOAT KEY, MA
  8. $5200000 1400 LADUE LN SARASOTA, MA
  9. $5000000 3482 FLAMINGO AVE SARASOTA, MA
  10. $4400000 1112 N CASEY KEY RD OSPREY, MA

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