Siesta Key, FL Housing Market & Real Estate

Buyer's market-5.3% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Siesta Key, FL is $1.11M, down 5.3% year-over-year. Homes sell in an average of 71 days with 293 active listings. The market is currently a buyer's market.

$1.11Mmedian sale price

Is Siesta Key a buyer's or seller's market?

Buyer's market10.5 months of supply71 avg. days on market

Siesta Key, FL is currently a buyer's market, based on 10.5 months of supply and homes selling in about 71 days. How we determine this →

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

Siesta Key, FL market data

Current housing market statistics for Siesta Key, FL
MetricValue
Median sale price$1.11M
Median list price$1.27M
Year-over-year price change-5.3%
Average days on market71 days
Active inventory293 listings
Months of supply10.5 months
Sale-to-list price ratio93.4%
Market conditionBuyer's market

Source: Redfin · Updated weekly

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

Homes for sale in Siesta Key

There are currently 293 homes listed for sale in Siesta Key, Florida. The median listing price is $1.3M.

Active listings

293

Homes on market

Median list price

$1.3M

Avg. days on market

71

Days until sale

New this week

67

Newly listed

Price drops:21.2%of listings
Sale-to-list:93.4%

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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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