Market report, updated

Sarasota Homes $5M+ — Market Report

Polygon search in the county of Sarasota having price at least $5,000,000

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Report prepared by Suncoastdreams.com Vince Vizzaccaro, PA

This live report covers Sarasota homes priced $5,000,000 and above. Active, pending and sold statistics update automatically as MLS data refreshes. Choose Save report & get monthly updates to receive the report by email.

Single-family homes, townhomes, villas and condos within the approved Sarasota coverage area. Vacant land is excluded. Price range: $5,000,000 and above. Sold listings cover the last six months.

Explore Sarasota neighborhoods · 941-220-4000

Suncoast Dreams Real Estate Team at Fine Properties

Market at a glance

Over the last 6 months, homes sold for 93.4% of list price in 160 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $9.92M Sold · $8.91M
$17M$13M$9M$5M
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 5 sales in Apr. Last month: 5.

Where the market stands

All homes in this report, by status.

123homes
Active69 · 56%
Under contract35 · 28%
Sold (6 mo)19 · 15%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

20.7months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$8.12M
Under contract$7.55M
Sold$7.78M

Average days on market

Active197 days
Under contract84 days
Sold160 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 69
Average list price $8,122,897
Avg. days on market 197 days
Avg. price per ft² $1,682
Avg. living area 4,946 ft²
Avg. beds / baths 4.1 / 5.4

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$30M$20M$10M$0

Price vs. living area: 69 homes plotted, up to $30M and 15,000 ft².

0 ft²5,00010,00015,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 7 homes in this status.

1386 Tangier Way$3,288
1240 Hillview Drive$3,081
401 Quay Commons Unit PH1902$2,976
550 Golden Gate Point Unit 201$2,775
109 N Warbler Lane$2,507
1310 S Lake Shore Drive$2,467
688 Golden Gate Point Unit 801$2,379

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1310 S Lake Shore DriveSarasota, FL 34231 4610,697$26,400,000$2,467332 days
3315 Bay Shore RoadSarasota, FL 34234 51110,871$22,000,000$2,023331 days
1386 Tangier WaySarasota, FL 34239 464,865$16,000,000$3,28827 days
1240 Hillview DriveSarasota, FL 34239 444,852$14,950,000$3,0816 days
401 Quay Commons Unit PH1902Sarasota, FL 34236 454,855$14,450,000$2,97613 days
3000 Southwest DriveSarasota, FL 34239 578,125$11,995,000$1,476273 days
600 Mourning Dove DriveSarasota, FL 34236 575,767$11,900,000$2,063153 days
1340 Harbor DriveSarasota, FL 34239 475,157$11,450,000$2,220274 days
487 Meadow Lark DrSarasota, FL 34236 586,527$11,400,000$1,746183 days
1136 N Lake Shore DriveSarasota, FL 34231 4810,234$11,375,000$1,11171 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Suncoastdreams.com Vince Vizzaccaro, PA

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