There is a reason why Sarasota earned the nickname, “Paradise.” The city is famous for its numerous gorgeous beaches and resorts. It is also a cultural and environmental hub, known for its performing arts venues, theatres, botanical gardens, and zoos. Sarasota attracts circus lovers from around the world, as the renowned Ringling Brothers Circus also calls the city home. In addition to that, the city also boasts a sundry of historic buildings and sites.
Due to its countless attractive qualities, Sarasota draws in many new residents every year. The real estate market in this Florida city is very hot, with a significant amount of affordable homes. The average listing price of homes here is $350K, at $194 per square foot. Some homes get multiple offers before closing. Most homes sell for 3.6% below the list price and spend 54 days on the market. Hot homes, on the other hand, can sell for around the list price and are gone from the market in 12 days.
Alta Vista remains the most affordable neighborhood in Sarasota. It boasts a median listing price of $237.5K. Conversely, with a median listing price of $1.8M, Saint Armands is the most expensive neighborhood in the city.
Though, you must approach the house-hunting process with caution and consideration. After all, buying a house is a big investment, so you want to make sure you get the best price for the deal.
This is where professional Sarasota real estate services come in. With expert help from a real estate agent, you can land the house of your dreams. A professional real estate agent has better negotiating skills, possesses the proper resources, and has a more solid network of connections to get the job done.
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