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Island Reef Home Values and Market Report

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Report prepared by Frankenteam.com Keller Williams South Shore

Market at a glance

Over the last 12 months, homes sold for 94.2% of list price in 132 days on average.

Average price, last 12 months

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

List · $938K Sold · $868K
$960K$820K$680K$540K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 2 sales in May. Last month: 2.

Where the market stands

All homes in this report, by status.

13homes
Active5 · 38%
Sold (12 mo)8 · 62%

Buyer's or seller's market?

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

5.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$692K
Sold$669K

Average days on market

Active139 days
Sold132 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 5
Average list price $691,600
Avg. days on market 139 days
Avg. price per ft² $483
Avg. living area 1,417 ft²
Avg. beds / baths 2.0 / 2.2

Price vs. living area

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

$1.5M$1M$500K$0

Price vs. living area: 5 homes plotted, up to $1.5M and 3,000 ft².

0 ft²1,0002,0003,000 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 5 homes in this status.

8779 Midnight Pass Road Unit 502H$537
8776 Midnight Pass Road Unit C101$530
8773 Midnight Pass Road Unit 504G$471
8767 Midnight Pass Road Unit 205F$458
8773 Midnight Pass Road Unit 102G$422

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
8767 Midnight Pass Road Unit 205FSarasota, FL 34242 221,303$598,000$4584 days
8776 Midnight Pass Road Unit C101Sarasota, FL 34242 231,875$995,000$53010 days
8773 Midnight Pass Road Unit 504GSarasota, FL 34242 221,303$615,000$47111 days
8779 Midnight Pass Road Unit 502HSarasota, FL 34242 221,303$700,000$537332 days
8773 Midnight Pass Road Unit 102GSarasota, FL 34242 221,303$550,000$422339 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.

Frankenteam.com Keller Williams South Shore

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