Lake Sarasota, FL Housing Market & Real Estate

Balanced market+12.9% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Lake Sarasota, FL is $395,000, up 12.9% year-over-year. Homes sell in an average of 59 days with 7 active listings. The market is currently a balanced market.

$395,000median sale price

Is Lake Sarasota a buyer's or seller's market?

Balanced market1.2 months of supply59 avg. days on market

Lake Sarasota, FL is currently a balanced market, based on 1.2 months of supply and homes selling in about 59 days. How we determine this →

Homes sold

6

Last 12 weeks

Days on market

59

Average pace

Active listings

7

1.2 months supply

Sale-to-list

94.3%

Below asking

Lake Sarasota, FL market data

Current housing market statistics for Lake Sarasota, FL
MetricValue
Median sale price$395,000
Median list price$417,500
Year-over-year price change+12.9%
Average days on market59 days
Active inventory7 listings
Months of supply1.2 months
Sale-to-list price ratio94.3%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Lake Sarasota housing market is currently classified as a balanced market with a median sale price of $395,000. Prices have risen 12.9% compared to last year, with homes spending an average of 59 days on market, indicating 1.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Lake Sarasota

There are currently 7 homes listed for sale in Lake Sarasota, Florida. The median listing price is $417K.

Active listings

7

Homes on market

Median list price

$417K

Avg. days on market

59

Days until sale

New this week

4

Newly listed

Price drops:42.9%of listings
Sale-to-list:94.3%

Explore nearby cities in FL

Frequently asked questions

What is the average home price in Lake Sarasota?

The median home sale price in Lake Sarasota is $395,000, up 12.9% from last year.

How long do homes stay on market in Lake Sarasota?

Homes typically spend 59 days on market before going under contract.

Is Lake Sarasota a buyer's or seller's market?

With 1.2 months of supply, Lake Sarasota is currently a balanced market.

Get Lake Sarasota market alerts

Weekly updates on prices, inventory, and trends. Free forever.