Siesta Key Housing Market Report February 2025•Sarasota County, Florida

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Housing Prices in Siesta Key, FL

How much do homes in Siesta Key, FL cost?

Housing Market Conditions

Is Siesta Key, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Siesta Key is a Buyer's Market

Difference Since February 2024

Since last year, Siesta Key has remained a Buyer's Market.

Insight

Siesta Key is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$1,064,166$674/SqFt
+$142,916
+15.5%

Based on all homes sold in the last 12 months

Insight

Homes in Siesta Key have sold for 15.5% more than they did a year ago.

Summary: The median home sold price in Siesta Key was $1,064,166 in February 2025, up 15.5% from last year, and the median price per square foot was $674.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Siesta Key
+15.5%
Bay Island
-18.5%
Siesta Key Village
-28.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$525K$530K
+1.0%
2$777.5K$800K
+2.9%
3$1.6M$1.4M
-12.5%
4$2.6M$1.9M
-26.0%
5$4.7M$4.4M
-7.9%

Summary: Siesta Key housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +1.0%. The home price for 2 bedroom homes increased by +2.9%. The home price for 3 bedroom homes decreased by -12.5%. The home price for 4 bedroom homes decreased by -26.0%. The home price for 5 bedroom homes decreased by -7.9%.

How does Siesta Key, FL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Siesta Key, FL

Housing supply in Siesta Key, FL

How many homes are available in Siesta Key, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
441Last MonthFeb 2025
3962 months agoJan 2025
+11.4 %
Change MoMJan – Feb

Summary: The Siesta Key real estate market had 441 homes for sale in Feb 2025, a 11.4 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
30Last MonthFeb 2025
352 months agoJan 2025
-14.3 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
14042
+5.0%
2156179
+14.7%
399107
+8.1%
47585
+13.3%
52628
+7.7%

Summary: Siesta Key housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +5.0%. The inventory for 2 bedroom homes increased by +14.7%. The inventory for 3 bedroom homes increased by +8.1%. The inventory for 4 bedroom homes increased by +13.3%. The inventory for 5 bedroom homes increased by +7.7%.

Asking Price vs. Sold Price

How much do homes in Siesta Key, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price3 Homes

Under Asking Price27 Homes

Insight

If you're buying a home in Siesta Key, you may be able to get a good deal. 90% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Siesta Key in February 2025, down by 14.3% month-over-month. Of the 30 sold homes, 90% were sold under asking, 10% were sold at asking, and and 0% were sold over asking.

Days on Market for Siesta Key, FL

How long does it take to sell a home in Siesta Key, FL?

Breakdown of Home Sale Times

Under 30 Days14 Homes

30 – 90 Days11 Homes

Over 90 Days5 Homes

Insight

Many homes in Siesta Key are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 30 homes were sold in Siesta Key; 47% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
67 DaysThis YearFeb 2025
70 Days1 year agoFeb 2024
-4.2 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Siesta Key had an average listing age of 67 days in Feb 2025, down by 4.2% compared to the previous year.

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Newest Listings in Siesta Key, FL

What homes are available in Siesta Key, FL?

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MLS Disclaimers and Copyright

Based on information from Stellar MLS, Miami MLS, and Central Panhandle Association of REALTORS® MLS for the period 03/01/2023 - 03/01/2025

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:19:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.