{"id":245404,"date":"2025-05-17T15:07:26","date_gmt":"2025-05-17T15:07:26","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/real-estate\/are-sarasota-home-prices-falling\/"},"modified":"2025-05-17T15:07:26","modified_gmt":"2025-05-17T15:07:26","slug":"are-sarasota-home-prices-falling","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=245404","title":{"rendered":"Are Sarasota Home Prices Falling?"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Below are real estate statistics for December 2022. Specifically, we look at median sales price, total sales dollar volume, months of inventory and closed sales.\u00a0 Take a look at the rate of change from December 2021 to December 2022.\u00a0<\/p>\n<p>In a nutshell, <span style=\"text-decoration: underline;\">prices are flat to up<\/span>, months of inventory have risen, and the number of sales have dropped.\u00a0<\/p>\n<h2>December 2022 Longboat Key Real Estate Statistics<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.site-static.com\/userFiles\/3190\/image\/Market_Updates\/LBKDecember2022.jpg\" width=\"1080\" height=\"1080\"\/><\/p>\n<h3>Longboat Key<\/h3>\n<table border=\"1\" cellpadding=\"10\" cellspacing=\"10\" style=\"width: 800px;\">\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><span>Median sales price<\/span><\/td>\n<td style=\"text-align: center;\"><span>$910k<\/span><\/td>\n<td style=\"text-align: center;\"><span>up 4%<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span>Sales dollar volume<\/span><\/td>\n<td style=\"text-align: center;\"><span>$35.7M<\/span><\/td>\n<td style=\"text-align: center;\"><span>down 41%<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span>Months of inventory<\/span><\/td>\n<td style=\"text-align: center;\"><span>5<\/span><\/td>\n<td style=\"text-align: center;\"><span>up 200%<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span>Closed sales<\/span><\/td>\n<td style=\"text-align: center;\"><span>27<\/span><\/td>\n<td style=\"text-align: center;\"><span>down 46%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"https:\/\/www.dwellingwell.com\/property-search\/results\/?searchtype=2&amp;searchid=1603107\">Active Longboat Key Listings<\/a><\/p>\n<hr\/>\n<h2>December 2022 Lido Key, Bird Key &amp; Downtown Sarasota Real Estate Statistics<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.site-static.com\/userFiles\/3190\/image\/Market_Updates\/LidoBirdDowntownDecember2022.jpg\" width=\"1080\" height=\"1080\"\/><\/p>\n<h3>Lido Key\/Bird Key\/Downtown Sarasota (34236)<\/h3>\n<table border=\"1\" cellpadding=\"10\" align=\"center\" cellspacing=\"10\" style=\"float: left; width: 800px;\">\n<tbody>\n<tr>\n<td style=\"text-align: center;\">Median sales price<\/td>\n<td style=\"text-align: center;\">$900k<\/td>\n<td style=\"text-align: center;\">down 1.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">Sales dollar volume<\/td>\n<td style=\"text-align: center;\">$44M<\/td>\n<td style=\"text-align: center;\">down 50%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">Months of inventory<\/td>\n<td style=\"text-align: center;\">6<\/td>\n<td style=\"text-align: center;\">up 200%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">Closed sales<\/td>\n<td style=\"text-align: center;\">27<\/td>\n<td style=\"text-align: center;\">down 45%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2\/>\n<h2\/>\n<p><a href=\"https:\/\/www.dwellingwell.com\/property-search\/results\/?searchtype=2&amp;searchid=1903875\">Active Lido Key\/Bird Key\/Downtown Sarasota Listings<\/a><\/p>\n<hr\/>\n<h2>December 2022 Siesta Key Real Estate Statistics<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.site-static.com\/userFiles\/3190\/image\/Market_Updates\/SiestaKeyDecember2022.jpg\" width=\"1080\" height=\"1080\"\/><\/p>\n<h3>Siesta Key<\/h3>\n<table border=\"1\" cellpadding=\"10\" align=\"center\" cellspacing=\"10\" style=\"float: left; width: 800px;\">\n<tbody>\n<tr>\n<td style=\"text-align: center;\">Median sales price<\/td>\n<td style=\"text-align: center;\">$1.02M<\/td>\n<td style=\"text-align: center;\">up 21.8%%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">Sales dollar volume<\/td>\n<td style=\"text-align: center;\">$49M<\/td>\n<td style=\"text-align: center;\">down 48.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">Months of inventory<\/td>\n<td style=\"text-align: center;\">5<\/td>\n<td style=\"text-align: center;\">up 400%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">Closed sales<\/td>\n<td style=\"text-align: center;\">34<\/td>\n<td style=\"text-align: center;\">down 52.7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"https:\/\/www.dwellingwell.com\/property-search\/results\/?searchtype=2&amp;searchid=1603109\">Active Siesta Key Listings<\/a><\/p>\n<hr\/>\n<h2>December 2022 Palmer Ranch Real Estate Statistics<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.site-static.com\/userFiles\/3190\/image\/Market_Updates\/PalmerRanchDecember2022.jpg\" width=\"1080\" height=\"1080\"\/><\/p>\n<h3>Palmer Ranch<\/h3>\n<table border=\"1\" cellpadding=\"10\" align=\"center\" cellspacing=\"10\" style=\"float: left; width: 800px;\">\n<tbody>\n<tr>\n<td style=\"text-align: center;\">Median sales price<\/td>\n<td style=\"text-align: center;\">$575K<\/td>\n<td style=\"text-align: center;\">up 1%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">Sales dollar volume<\/td>\n<td style=\"text-align: center;\">$28M<\/td>\n<td style=\"text-align: center;\">down 26%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">Months of inventory<\/td>\n<td style=\"text-align: center;\">2<\/td>\n<td style=\"text-align: center;\">up 100%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">Closed sales<\/td>\n<td style=\"text-align: center;\">52<\/td>\n<td style=\"text-align: center;\">down 35%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 style=\"text-align: left;\"\/>\n<h2 style=\"text-align: left;\"\/>\n<p><a href=\"https:\/\/www.dwellingwell.com\/property-search\/results\/?searchtype=2&amp;searchid=1603140\">Active Palmer Ranch Listings<\/a><\/p>\n<hr\/>\n<h2 style=\"text-align: left;\">December 2022 Lakewood Ranch Real Estate Statistics<\/h2>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets.site-static.com\/userFiles\/3190\/image\/Market_Updates\/LWRDecember2022.jpg\" width=\"1080\" height=\"1080\"\/><\/p>\n<h3>Lakewood Ranch<\/h3>\n<table border=\"1\" cellpadding=\"10\" align=\"center\" cellspacing=\"10\" style=\"float: left; width: 800px;\">\n<tbody>\n<tr>\n<td>Median sales price<\/td>\n<td>$592K<\/td>\n<td>up 3%<\/td>\n<\/tr>\n<tr>\n<td>Sales dollar volume<\/td>\n<td>$86M<\/td>\n<td>down 14%<\/td>\n<\/tr>\n<tr>\n<td>Months of inventory<\/td>\n<td>5<\/td>\n<td>up 400%<\/td>\n<\/tr>\n<tr>\n<td>Closed sales<\/td>\n<td>126<\/td>\n<td>down 17.6%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"https:\/\/www.dwellingwell.com\/property-search\/results\/?searchtype=2&amp;searchid=1603137\">Active Lakewood Ranch Listings<\/a><\/p>\n<\/p><\/div>\n<p><script>\nvar SI_SA_TRACK_LOGGED_ID = false;var SI_SITE_GA_TRACKING_ID = 'UA-38199350-1';var SI_PPC_GA_CONVERSION_ID = 'AW-10822520979', SI_PPC_GA_CONVERSION_LABEL = '89rKCNCz5YgDEJOhyqgo';var 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Specifically, we look at median sales price, total sales dollar volume, months of inventory and closed sales.\u00a0 Take a look at the rate of change from December 2021 to December 2022.\u00a0 In a nutshell, prices are flat to up, months of inventory have risen, and the number [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":245405,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99],"tags":[6779,1159,11567,19548],"dealstore":[],"offerexpiration":[],"class_list":["post-245404","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-falling","tag-home","tag-prices","tag-sarasota"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Are Sarasota Home Prices Falling? - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=245404\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Are Sarasota Home Prices Falling? - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Below are real estate statistics for December 2022. Specifically, we look at median sales price, total sales dollar volume, months of inventory and closed sales.\u00a0 Take a look at the rate of change from December 2021 to December 2022.\u00a0 In a nutshell, prices are flat to up, months of inventory have risen, and the number [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=245404\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-17T15:07:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/33604-siestakeydecember2022.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=245404#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=245404\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"Are Sarasota Home Prices Falling?\",\"datePublished\":\"2025-05-17T15:07:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=245404\"},\"wordCount\":221,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=245404#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/05\/33604-siestakeydecember2022.jpg\",\"keywords\":[\"Falling\",\"Home\",\"Prices\",\"Sarasota\"],\"articleSection\":[\"Real Estate\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/fivemor.com\/?p=245404#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fivemor.com\/?p=245404\",\"url\":\"https:\/\/fivemor.com\/?p=245404\",\"name\":\"Are Sarasota Home Prices Falling? 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