A typical Sarasota County home listed for $594,450 in March, up 4.4% from a month earlier, an analysis of data from Realtor.com shows.
The median list home price in March was up about 32.2% from March 2021. Sarasota County's median home was 1,775 square feet for a listed price of $327 per square foot.
The Sarasota County market was busy, with a median 34 days on market. The market added 1,352 new home listings in March, compared with the 1,440 added in March 2021. The market ended the month with some 702 listings of homes for sale.
Information on your local housing market is available through the USA TODAY Network, with more data from Realtor.com.
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Manatee County home prices rise 54.4% to $575,000
Manatee County's home prices rose 54.4%, to a median $575,000, from a year earlier. The typical house was on the market for 30 days, from 44 days a year earlier. The typical 1,870-square-foot house had a list price of $287 per square foot.
Across metro Sarasota, median home prices rose to $575,000, up 5% from a month earlier. The median home had 1,810 square feet, at a list price of $307 per square foot.
Across all of Florida, median home prices were $449,950, rising 3.7% from a month earlier. The median Florida home for sale had 1,661 square feet at list price of $270 per square foot.
Across the United States, median home prices were $404,950, up 3.2% from a month earlier. The median American home for sale had 1,800 square feet, listed at $214 per square foot.
The median home list price — the midway point of all the houses or units listed over a period of time — is used more often in this report instead of the average home list price because experts say the median offers a more accurate view of what's happening in a market. In finding the average price, all prices of homes listed are added and then divided by the number of homes sold. This measure can be skewed by one low or high price.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from the Realtor.com residential listings database.. The story was written by Mike Stucka and Sean Lahman.
This article originally appeared on Sarasota Herald-Tribune: Sarasota-area homes for sale rise to $594,450 median price