According to statistics, the population in Sarasota, FL amounts to 55,103, which shows growth 1% compared to the previous year. The median age of the city’s residents is 47. The average household income is $45,073, shifting growth 4% from the past year, and the average property value in Sarasota, FL growth 13% to $215,100 throughout the year.
|Number Of Employees||24,409|
|Median Property Value||$215,100|
The average household income in Sarasota, FL grew from $43,477 to $45,073 in the past year. This data is an estimate based upon 23,732 households in Sarasota, FL . The chart below presents how household income is distributed in Sarasota, FL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Sarasota, FL shifted from $190,500 to $215,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Sarasota, FL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Sarasota, FL properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Sarasota, FL compared to median property taxes around the country. The prevalent amount of property taxes in Sarasota, FL equals $3000, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$591,498||+1871.7%|
|1 bed for sale||$345,077||+48.4%|
|2 bed for sale||$719,700||+34.6%|
|3 bed for sale||$1,134,361||+40.6%|
|4+ bed for sale||$2,275,956||+67.6%|
During Aug 2022, the average price for an apartment in/near Sarasota, FL increased by 35.6% to $1,242,238.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 48.4% to $345,077. Asking price for 2-bed apartment also increased by 34.6% and a place of this size will now cost you $719,700. A 3-bed apartment goes for $1,134,361, it increased by 40.6% lately. We discerned the rise of 4- and more bed apartment price. It increased by 67.6% and made it up to $2,275,956.
|Listing Type||Aug||vs Last Month|
|Houses for sale||$1,229,798||+29.5%|
|Condos for sale||$1,347,176||+33.1%|
|Duplexes for sale||$1,110,264||+95.3%|
|Land for sale||$1,509,415||+88.1%|
|Other for sale||$357,977||N/A|
|Townhouses for sale||$484,634||+11.7%|
|Apartments for sale||$148,447||N/A|
|Lofts for sale||$524,925||N/A|
While assessing the property pricing Sarasota, FL, you can note that it remains flat with a price tag of $148,447. Price reports demonstrate that house price increased by 29.5% this month making it up to $1,229,798. Condos are really in demand in this season. The median price for a condo increased by 33.1%, it’s now available for $1,347,176. You can now purchase a duplex for just $1,110,264, duplex price increased by 95.3% this month. The price statistics of lofts have not significantly changed, it now still goes for $524,925. The property value of townhouses increased by 11.7%, you’ll have to spend around $484,634 to get one.