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s a homeowner looking to relocate or purchase a new property, timing is crucial. You must balance your personal needs with finding the right home and securing financing that makes sense. When selling, presenting your home in its best light and considering market saturation can make all the difference. We spoke with Jake Reich, a real estate agent with RE/MAX Alliance Group, to gain insight into the Sarasota County market.

    The North Port market is cooling down, with a median home price of $370,000 and homes taking 88 days to sell, up from 47 days last year. This slower pace indicates more inventory for buyers and less urgency. In contrast, Venice remains steady, with homes selling in 70-75 days, reflecting its balanced demand from retirees and families seeking coastal charm. Sarasota is the most competitive market, with a median listing price of $604,800 and homes typically selling in 65 days, driven by strong demand and higher competition.

    Looking ahead to 2025, Jake predicts North Port will remain attractive for first-time buyers and retirees due to its affordability. With increasing inventory and longer market times, prices could stabilize further. Venice may see slightly higher growth, driven by its coastal appeal and new developments like Wellen Park. Sarasota is expected to maintain a balanced market, with sustained demand for luxury homes and waterfront properties.

    Currently, affordable single-family homes, new construction, and properties in desirable locations are selling well. To make their property stand out, sellers should focus on curb appeal, neutral décor, and necessary repairs. Highlighting unique features and using high-quality photos and virtual tours can also attract buyers. Hiring a staging company can be worthwhile, especially for vacant or higher-priced properties.

    Compared to other comparable areas of the country, North Port offers affordability and growing inventory, making it an attractive option for budget-conscious buyers. With a median price below the U.S. average, North Port benefits from strong migration to Florida, appealing to those seeking value and growth potential in a desirable region.

    If you have any real estate questions or need assistance with your needs, please contact Jake Reich at RE/MAX Alliance Group.