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Palmetto Market Report

$407,699

AVERAGE PRICE OF 366 HOMES

$254,725

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,847,005

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$416,708

AVERAGE PRICE OF 120 NEWLY BUILT HOMES

$682,013

AVERAGE PRICE OF 29 HOMES WITH A POOL

$380,395

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $407,699
Avg Bedrooms 2.42 beds
Avg Bathrooms 1.84 baths

Average Price by Bedrooms

1 bedroom $799,000
2 bedrooms $281,357
3 bedrooms $383,848
4 bedrooms $465,318
5 bedrooms $524,767
Palmetto Home Price Trends
  6/2021 5/2021 4/2021 3/2021 2/2021
Total Listings 377 381 347 356 n/a
Average Price $371,461 $373,522 $405,379 $393,466 n/a
Avg Price Change -0.55% -8.53% +3.03% n/a n/a
Median Price $321,370 $307,984 $307,136 $294,680 n/a
Med Price Change +4.35% +0.28% +4.23% n/a n/a
Avg Bedrooms 2.37 beds 2.43 beds 2.62 beds 2.64 beds n/a
Avg Bathrooms 1.8 baths 1.83 baths 2.04 baths 2.09 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Manatee High 1 $118,000 37 days
Palmetto High 166 $390,009 73 days
Parrish Community High 1 $550,000 167 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 366 $407,699 104 days
Distressed Homes 4 $254,725 477 days
Multi-Million Dollar Homes 19 $1,847,005 257 days
Newly Built Homes 120 $416,708 92 days
Homes with a Pool 29 $682,013 49 days
Reduced Price Homes 7 $380,395 40 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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