Siesta Key, FL
Housing market overview · Updated weekly
$1.11Mmedian sale price
Homes sold
28
Last 12 weeks
Days on market
71
Average pace
Active listings
293
10.5 months supply
Sale-to-list
93.4%
Below asking
The Siesta Key housing market is currently classified as a buyer's market with a median sale price of $1.11M. Prices have fallen 5.3% compared to last year, with homes spending an average of 71 days on market, indicating 10.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Siesta Key?
The median home sale price in Siesta Key is $1.11M, down 5.3% from last year.
How long do homes stay on market in Siesta Key?
Homes typically spend 71 days on market before going under contract.
Is Siesta Key a buyer's or seller's market?
With 10.5 months of supply, Siesta Key is currently a buyer's market.
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