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Palmetto Market Report

$377,186

AVERAGE PRICE OF 356 HOMES

$206,100

AVERAGE PRICE OF 8 DISTRESSED HOMES

$1,712,618

AVERAGE PRICE OF 15 MULTI-MILLION DOLLAR HOMES

$346,648

AVERAGE PRICE OF 124 NEWLY BUILT HOMES

$516,822

AVERAGE PRICE OF 30 HOMES WITH A POOL

$259,250

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $377,186
Avg Bedrooms 2.64 beds
Avg Bathrooms 2.07 baths

Average Price by Bedrooms

1 bedroom $102,320
2 bedrooms $256,741
3 bedrooms $333,689
4 bedrooms $397,572
5 bedrooms $469,289
Palmetto Home Price Trends
  2/2021 1/2021 12/2020 11/2020 10/2020
Total Listings n/a 340 368 391 411
Average Price n/a $388,412 $374,928 $368,257 $381,651
Avg Price Change n/a +3.60% +1.81% -3.64% +1.64%
Median Price n/a $292,879 $285,592 $283,439 $284,468
Med Price Change n/a +2.55% +0.76% -0.36% +1.65%
Avg Bedrooms n/a 2.66 beds 2.68 beds 2.74 beds 2.79 beds
Avg Bathrooms n/a 2.11 baths 2.11 baths 2.13 baths 2.17 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lakewood Ranch High 1 $279,900 44 days
Palmetto High 159 $359,426 105 days
Parrish Community High 2 $412,500 19 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 356 $377,186 142 days
Distressed Homes 8 $206,100 390 days
Multi-Million Dollar Homes 15 $1,712,618 379 days
Newly Built Homes 124 $346,648 122 days
Homes with a Pool 30 $516,822 115 days
Reduced Price Homes 2 $259,250 7 days
Preferred Shore Real Estate Group - MCW Properties
Michelle Ward
630 South Orange Ave, Suite 102
Sarasota, FL 34236
941-920-2460

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