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Palmetto Market Report

$497,377

AVERAGE PRICE OF 510 HOMES

$490,975

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,936,567

AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES

$476,268

AVERAGE PRICE OF 220 NEWLY BUILT HOMES

$719,814

AVERAGE PRICE OF 61 HOMES WITH A POOL

$472,904

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $497,377
Avg Bedrooms 2.77 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $144,900
2 bedrooms $324,798
3 bedrooms $512,442
4 bedrooms $579,414
5 bedrooms $512,484
Palmetto Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 504 491 496 494 474
Average Price $493,387 $487,248 $479,619 $493,230 $492,953
Avg Price Change +1.26% +1.59% -2.84% +0.06% +1.55%
Median Price $399,943 $406,249 $403,458 $403,677 $409,799
Med Price Change -1.58% +0.69% -0.05% -1.52% -0.53%
Avg Bedrooms 2.82 beds 2.8 beds 2.72 beds 2.7 beds 2.69 beds
Avg Bathrooms 2.23 baths 2.22 baths 2.17 baths 2.16 baths 2.19 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palmetto High 256 $472,070 80 days
Parrish Community High 3 $396,666 51 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 510 $497,377 111 days
Distressed Homes 4 $490,975 109 days
Multi-Million Dollar Homes 30 $1,936,567 196 days
Newly Built Homes 220 $476,268 93 days
Homes with a Pool 61 $719,814 70 days
Reduced Price Homes 23 $472,904 60 days
EXIT King Realty
3900 Clark Road unit H3
Sarasota, FL 34233
941-755-6060

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