Is Country Club of Sarasota / TPC Prestancia, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Country Club of Sarasota / TPC Prestancia is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Country Club of Sarasota / TPC Prestancia was a Seller's Market.

Key Takeaway

Country Club of Sarasota / TPC Prestancia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Country Club of Sarasota / TPC Prestancia, FL

How much do homes in Country Club of Sarasota / TPC Prestancia, FL cost?

Median Sold Price

$801,250

$281/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,250(+3.4%)

Key Takeaway

Homes in Country Club of Sarasota / TPC Prestancia have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in Country Club of Sarasota / TPC Prestancia was $801,250 in October 2024, up 3.4% from last year, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $400K$455.2K
+13.8%
3 $762.5K$765K
0.3%
4 $1.1M$1.0M
-6.5%
5+ $1.7M$1.8M
+7.2%

Summary: Country Club of Sarasota / TPC Prestancia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 7.2%.

Median Sold Price Compared To Nearby Neighborhoods

Palmer Ranch
+5.0%
Country Club of Sarasota / TPC Prestancia
+3.4%

Housing Supply in Country Club of Sarasota / TPC Prestancia, FL

How many homes are available in Country Club of Sarasota / TPC Prestancia, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3130-3.2%

Summary: The Country Club of Sarasota / TPC Prestancia real estate market had 30 homes for sale in October 2024, a 3.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 77
0.0%
3 1213
+8.3%
4 109
-10.0%
5+ 21
-50.0%

Summary: The Country Club of Sarasota / TPC Prestancia housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Country Club of Sarasota / TPC Prestancia, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Country Club of Sarasota / TPC Prestancia in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Country Club of Sarasota / TPC Prestancia, FL

How long does it take to sell a home in Country Club of Sarasota / TPC Prestancia, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
102 Days126 Days+23.9%

Summary: Homes in Country Club of Sarasota / TPC Prestancia had an average of 126 days on market in Oct 2024, up by 23.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Country Club of Sarasota / TPC Prestancia are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in Country Club of Sarasota / TPC Prestancia; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Country Club of Sarasota / TPC Prestancia, FL

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