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Palmetto Market Report

$519,771

AVERAGE PRICE OF 473 HOMES

$321,242

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,846,765

AVERAGE PRICE OF 34 MULTI-MILLION DOLLAR HOMES

$487,232

AVERAGE PRICE OF 236 NEWLY BUILT HOMES

$853,881

AVERAGE PRICE OF 38 HOMES WITH A POOL

$452,338

AVERAGE PRICE OF 19 REDUCED PRICE HOMES

Average Home

Average Price $519,771
Avg Bedrooms 2.94 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

1 bedroom $155,000
2 bedrooms $380,794
3 bedrooms $510,992
4 bedrooms $563,736
5 bedrooms $568,278
Palmetto Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 426 n/a n/a n/a 341
Average Price $535,161 n/a n/a n/a $453,982
Avg Price Change n/a n/a n/a n/a -0.85%
Median Price $426,986 n/a n/a n/a $388,665
Med Price Change n/a n/a n/a n/a +1.06%
Avg Bedrooms 2.9 beds n/a n/a n/a 2.6 beds
Avg Bathrooms 2.28 baths n/a n/a n/a 1.97 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Manatee High 1 $1,600,000 43 days
Palmetto High 263 $491,239 69 days
Parrish Community High 5 $410,400 26 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 473 $519,771 75 days
Distressed Homes 7 $321,242 76 days
Multi-Million Dollar Homes 34 $1,846,765 121 days
Newly Built Homes 236 $487,232 68 days
Homes with a Pool 38 $853,881 46 days
Reduced Price Homes 19 $452,338 40 days
Preferred Shore Real Estate Group - MCW Properties
Michelle Ward
50 S. Lemon Ave Ste 302
Sarasota, FL 34236
941-920-2460

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