Bay Island is a waterfront neighborhood located in Sarasota, Florida. It is situated on a small peninsula surrounded by Sarasota Bay and is known for its beautiful views, tranquil atmosphere, and upscale homes.
The neighborhood is located just south of the Ringling Causeway, which provides easy access to downtown Sarasota and the beaches on Siesta Key.
Bay Island is also close to many of Sarasota's popular cultural attractions, including the Ringling Museum of Art and the Van Wezel Performing Arts Hall. It's a highly sought after location for those looking to enjoy the Florida coastal lifestyle.
Bay Island currently has 21 single family homes for sale with an average list price of $4,020,333.33 and 7 lots for sale with an average list price of $5,242,857.14. The average annual property tax for Bay Island is $18,574.25.
What's Hot & What Not
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Bay Island, i.e. what's hot and what's not.
See What's Hot & What's Not in Bay Island
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Bay Island, i.e. what's hot and what's not.
Market Trends
Bay Island home sales for the month of March decreased in volume by 40% when compared to last year, while the median sale price decreased by 63.3% from $4,500,000 to $1,650,000. House sales decreased by 40%, while the median sale price decreased by 63.3% from $4,500,000 to $1,650,000.
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17
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21
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| 2023 | 2024 | ||
| # of sales per year | |||
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$2,300,000
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$2,500,000
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| 2023 | 2024 | ||
| median sale price per year | |||
Median Sale Price for Bay Island
Number of Sales for Bay Island
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