Housing Market Report for Phillippi Shores Elementary School, Sarasota, FL

This housing market report uses absorption rates to track supply and demand for Phillippi Shores Elementary School, Sarasota, FL. With 6.3 months of inventory across all segments, conditions currently favor buyers — more homes are available than active buyers, creating more room to negotiate on price and terms. Use the tables below to explore specific price ranges and property types in detail. [Last updated: October 16, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Houses

Hottest Segment 🔥
$600k – $650k

Absorption rate of 1, with 1 months of inventory.

Coolest Segment ❄️
$1.2m – $1.3m

With 36 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$550k – $600k

8 active listings with 7 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 5.6 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
175k-200k 1 1 0.2 6 Balanced
200k-225k 3 1 0.1 18 Buyer's
225k-250k 3 3 0.2 6 Balanced
250k-275k 2 0
275k-300k 4 4 1 0.2 6 Balanced
300k-325k 2 0.3 0 Seller's
325k-350k 1 5 1 0.8 1.2 Seller's
350k-375k 1 0.2 0 Seller's
375k-400k 3 2 1 0.1 9 Buyer's
400k-425k 1 2 1 0.3 3 Balanced
425k-450k 1 5 0.8 1.2 Seller's
450k-475k 1 2 0.3 3 Balanced
475k-500k 1 3 1 0.5 2 Seller's
500k-550k 3 6 2 0.3 3 Balanced
550k-600k 8 7 0.1 6.9 Buyer's
600k-650k 1 6 1 1 1 Seller's
650k-700k 2 0.3 0 Seller's
700k-750k 3 2 0.1 9 Buyer's
750k-800k 3 1 0.5 0 Seller's
800k-850k 2 2 1 0.2 6 Balanced
850k-900k 2 4 0.3 3 Balanced
900k-950k 2 6 1 0.5 2 Seller's
950k-1m 3 2 0.1 9 Buyer's
1m-1.1m 7 1.2 0 Seller's
1.1m-1.2m 2 5 2 0.4 2.4 Seller's
1.2m-1.3m 6 1 0 36
1.3m-1.4m 4 6 1 0.3 4 Balanced
1.4m-1.5m 4 4 0.2 6 Balanced
1.5m-1.6m 2 4 1 0.3 3 Balanced
1.6m-1.7m 2 2 0.2 6 Balanced
1.7m-1.8m 6 6 1 0.2 6 Balanced
1.8m-1.9m 2 3 1 0.3 4 Balanced
1.9m-2m 1 3 0.5 2 Seller's
2m-2.25m 4 3 0.1 8 Buyer's
2.25m-2.5m 4 1 0 24
2.5m-2.75m 3 2 0.1 9 Buyer's
2.75m-3m 3 4 0.2 4.5 Balanced
3m-3.5m 3 7 2 0.4 2.6 Seller's
3.5m-4m 8 4 1 0.1 12 Buyer's
4m-4.5m 4 7 1 0.3 3.4 Balanced
4.5m-5m 4 0
5m-6m 6 0
6m-7m 3 0
7m-8m 2 1 1 0.1 12 Buyer's
8m-9m 3 0
10m-11m 1 0
11m-12m 2 0
12m-13m 2 0
15m-16m 1 0
17m-18m 1 0
21m-22m 1 1 1 0.2 6 Balanced
25m-26m 2 0
26m-27m 1 0

Townhouses

Hottest Segment 🔥
$500k – $550k

Absorption rate of 0.

Coolest Segment ❄️
$750k – $800k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$750k – $800k

0 active listings with 2 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 5 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
500k-550k 1 0
600k-650k 1 0
650k-700k 2 0
750k-800k 2 0.3 0 Seller's
850k-900k 1 0
1.3m-1.4m 1 1 0.2 0 Seller's
1.6m-1.7m 1 0.2 0 Seller's
1.7m-1.8m 1 0.2 0 Seller's
2m-2.25m 1 0.2 0 Seller's

Condos

Hottest Segment 🔥
$475k – $500k

Absorption rate of 0.8, with 1.2 months of inventory.

Coolest Segment ❄️
$375k – $400k

With 24 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$950k – $1m

3 active listings with 9 sold in the last 6 months.

Market Overview
All Segments

With 7.1 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
0-25k 1 1 0.2 0 Seller's
25k-50k 2 1 1 0.1 12 Buyer's
50k-75k 3 1 0.1 18 Buyer's
75k-100k 1 0
100k-125k 3 1 0.1 18 Buyer's
125k-150k 1 1 0.2 6 Balanced
150k-175k 1 1 0.2 6 Balanced
175k-200k 1 0
200k-225k 1 0
225k-250k 4 0
275k-300k 1 1 0.2 6 Balanced
300k-325k 1 3 0.5 2 Seller's
325k-350k 1 1 1 0.2 6 Balanced
350k-375k 1 3 0.5 2 Seller's
375k-400k 4 1 0 24
400k-425k 1 2 0.3 3 Balanced
425k-450k 5 7 1 0.2 4.3 Balanced
450k-475k 2 2 0.2 6 Balanced
475k-500k 1 5 0.8 1.2 Seller's
500k-550k 8 8 0.2 6 Balanced
550k-600k 8 5 0.1 9.6 Buyer's
600k-650k 15 7 1 0.1 12.9 Buyer's
650k-700k 10 5 2 0.1 12 Buyer's
700k-750k 6 3 0.1 12 Buyer's
750k-800k 2 5 3 0.4 2.4 Seller's
800k-850k 4 3 0.1 8 Buyer's
850k-900k 4 2 0.1 12 Buyer's
900k-950k 1 2 0.3 3 Balanced
950k-1m 3 9 1 0.5 2 Seller's
1m-1.1m 6 3 0.1 12 Buyer's
1.1m-1.2m 3 7 2 0.4 2.6 Seller's
1.2m-1.3m 2 6 4 0.5 2 Seller's
1.3m-1.4m 3 2 0.1 9 Buyer's
1.4m-1.5m 2 0
1.5m-1.6m 3 3 0.2 6 Balanced
1.6m-1.7m 1 2 1 0.3 3 Balanced
1.7m-1.8m 1 0.2 0 Seller's
1.9m-2m 1 0
2m-2.25m 4 2 0.1 12 Buyer's
2.25m-2.5m 1 0
2.5m-2.75m 2 2 0.2 6 Balanced
3.5m-4m 1 0
4m-4.5m 2 0
4.5m-5m 2 0

Land

Hottest Segment 🔥
$1.7m – $1.8m

Absorption rate of 0.5, with 2 months of inventory.

Coolest Segment ❄️
$1.1m – $1.2m

With 6 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$1.7m – $1.8m

1 active listings with 3 sold in the last 6 months.

Market Overview
All Segments

With 8.4 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
200k-225k 1 1 0.2 0 Seller's
350k-375k 1 0.2 0 Seller's
400k-425k 3 0
425k-450k 1 0.2 0 Seller's
475k-500k 1 0
550k-600k 1 0.2 0 Seller's
650k-700k 1 0
700k-750k 1 0
750k-800k 1 2 0.3 3 Balanced
900k-950k 1 0
1m-1.1m 1 0
1.1m-1.2m 1 1 0.2 6 Balanced
1.3m-1.4m 1 1 0.2 6 Balanced
1.4m-1.5m 1 0
1.5m-1.6m 1 0
1.6m-1.7m 1 2 2 0.3 3 Balanced
1.7m-1.8m 1 3 0.5 2 Seller's
1.8m-1.9m 1 0
2.5m-2.75m 2 0
2.75m-3m 2 0
3m-3.5m 1 0
5m-6m 1 1 0.2 0 Seller's
7m-8m 1 0.2 0 Seller's

Neighboring Cities

Neighboring Cities

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