LAST UPDATED 1/10/21 NEXT UPDATE 4/12/21
With inventory levels less than half of what they were last year, Central Sarasota exemplified the strong sellers market of 2020. With 1,428 sales in the fourth quarter – up 30% from last year – the median price rose 13% and the average price was up 16%. The extreme drop in inventory levels left a mere 1.2 month supply of homes.
SELLERS
If you’re thinking of selling your home in central Sarasota, now may be the best time. Multiple offers have become the norm as buyers are competing for the best properties. Our smart pricing and marketing strategies will help you take every advantage this sellers market has to offer. In 2020, Zarghami Group agents helped 97 families sell their homes quickly and for top dollar! Let us help you get the most for your home!
BUYERS
If you’re looking to buy a home in central Sarasota right now, knowing what you’re looking for and being prepared to move fast will give you an edge over other would-be buyers. Our team-oriented approach gives Zarghami Group agents the agility to move quickly when you find the home of your dreams and decades of experience to craft the most attractive offer. Last year, our team helped 96 families beat the competition to win their dream home! Let us help you win yours!
SALES & INVENTORY BY PRICE POINT
AVERAGE SALE PRICE
Combined
$328,986
Single Family Homes
$391,950
Condo/Townhome/Villa
$221,337
Quarter to Quarter
Year to Year
MEDIAN SALE PRICE
Combined
$290,000
Single Family Homes
$350,000
Condo/Townhome/Villa
$212,000
Quarter to Quarter
Year to Year
TOTAL SALES
Combined
1,428
Single Family Homes
901
Condo/Townhome/Villa
527
Quarter to Quarter
Year to Year
INVENTORY
Combined
587
Single Family Homes
327
Condo/Townhome/Villa
260
Quarter to Quarter
Year to Year