| Location | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 34242 | $377,000 | -20.6% | $497,500 | $475,000 | $787,500 | Sarasota | $160,450 | -19.8% | $180,000 | $200,000 | $215,000 |
Sarasota, 34242 Market Trends
Today, November 16, 2009
Sarasota, 34242 Summary
The median sales price for homes in ZIP code 34242 for Aug 09 to Oct 09 was $377,000. This represents a decline of 24.2%, or $120,500, compared to the prior quarter and a decrease of 20.6% compared to the prior year. Sales prices have depreciated 52.1% over the last 5 years in 34242, Sarasota.
The median sales price of $377,000 for 34242 is 134.96% higher than the median sales price for Sarasota FL. Average listing price for homes on Trulia in ZIP code 34242 was $1,009,071 for the week ending Nov 10, which represents a decline of 0.6%, or $6,049 compared to the prior week and a decline of 1.4%, or $14,539, compared to the week ending Oct 20. Average price per square foot for homes in 34242 was $313 in the most recent quarter, which is 130.15% higher than the average price per square foot for homes in Sarasota.
| Location | Week ending Nov 10 | w-o-w | Week ending Nov 3 | Week ending Oct 27 | Week ending Oct 20 |
|---|---|---|---|---|---|
| 34242 | $1,009,071 | -0.6% | $1,015,120 | $1,010,113 | $1,023,610 | Sarasota | $586,729 | -0.4% | $589,160 | $584,058 | $586,946 |
| Location | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 34242 | $313 | -15.4% | $370 | $370 | $394 | Sarasota | $136 | -18.6% | $450 | $167 | $160 |
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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