Grand Palm vs The Lakes of Jacaranda
Two Sarasota communities, compared on the numbers that decide it — price, pace, and supply — from live MLS data as of 2026-10-09.
| Metric | Grand Palm | The Lakes of Jacaranda |
|---|---|---|
| Median sale price | $482K | $582K |
| Price per sq ft | $257 | $257 |
| Avg days on market | 60 days | 173 days |
| Months of supply | 1.4 mo | 1.3 mo |
| Market | Seller's Market | Balanced Market (limited data) |
| 1-year price change | False | False |
| Recent closings | 103 | 38 |
The verdict
The Lakes of Jacaranda carries the higher median price — about 21% above Grand Palm. Homes in Grand Palm sell faster (60 days on market vs 173). The Lakes of Jacaranda is the tighter market on inventory (1.3 months of supply).
Where each one is
| Grand Palm | The Lakes of Jacaranda | |
|---|---|---|
| County | Sarasota County, FL | Sarasota County, FL |
| City / area | Venice | Venice |
| ZIP | 34293 | 34293 |
| FEMA flood zones (sampled parcels) | 31% of 13 homes outside a flood zone (Zone X) | not enough parcels sampled |
Distances are straight-line; driving distance is usually 15 to 30 percent more. Flood-zone shares come from FEMA flood maps matched to sampled parcels; always check the exact address before you close.
What is for sale today
| Grand Palm | The Lakes of Jacaranda | |
|---|---|---|
| Homes for sale now | 12 | 4 |
| Under contract | 6 | 1 |
| Asking prices today | $310K to $1.17M | $469K to $600K |
| Listed in the last 7 days | 1 | 0 |
| Property types listed | Single Family Residence, Villa | Single Family Residence |
Live MLS counts, refreshed with every listing pull. Browse them: Grand Palm homes for sale · The Lakes of Jacaranda homes for sale.
The homes themselves
| Grand Palm | The Lakes of Jacaranda | |
|---|---|---|
| Homes (parcels) | 1,365 | 579 |
| Built | 2012–2024 (median 2017) | 1994–2018 (median 2000) |
| Typical living area | 2,122 sq ft | 2,460 sq ft |
| Homesteaded (owner-occupied) share | 67% | 83% |
Housing-stock figures from the Florida Department of Revenue 2025 assessment roll (public records).
How each one trades
| Grand Palm | The Lakes of Jacaranda | |
|---|---|---|
| Sale-to-original-list | 90.6% | 94.4% |
| New-construction share of sales | 100% | 0% |
| Typical sold home | 2,868 sq ft | 2,086 sq ft |
Last 12 months of recorded closings; sale-to-original-list is the share of the first asking price sellers actually got.
Schools the listings are zoned for
| Grand Palm | The Lakes of Jacaranda | |
|---|---|---|
| Elementary | Taylor Ranch Elementary | Taylor Ranch Elementary |
| Middle | Venice Area Middle | Venice Area Middle |
| High school | Venice Senior High | Venice Senior High |
The school most often recorded on each community's MLS listings. Always confirm a specific address with the district.
Which one fits
On budget alone, Grand Palm is the lower entry point (median $482K vs $582K). Buyers who want newer construction (fewer near-term roof, HVAC and re-plumb items, and easier insurance quotes in Florida) will find it in Grand Palm; The Lakes of Jacaranda trades that for a more established street and, typically, larger lots. Sellers get a faster sale in Grand Palm (60 days on market on average); buyers get more negotiating room where homes sit longer.
Neither number set decides it: drive both on a weekday evening, check the HOA documents and the flood zone for the exact street, and price the insurance before you write an offer. A Momentum agent who works both communities can pull the comparable sales for any two specific homes.
Questions people ask
Is The Lakes of Jacaranda more expensive than Grand Palm?
Yes, on recent sales: the median sale price in The Lakes of Jacaranda is $582,000 versus $482,000 in Grand Palm, about 21% higher.
Which has newer homes, Grand Palm or The Lakes of Jacaranda?
Grand Palm: its homes were built 2012–2024 with a median year of 2017, versus a median of 2000 in The Lakes of Jacaranda (Florida DOR assessment roll).
Which has bigger homes?
The Lakes of Jacaranda. The typical home there is 2,460 sq ft of living area, versus 2,122 sq ft in Grand Palm.
Where do sellers get closer to asking price?
The Lakes of Jacaranda — sellers there received 94.4% of the original list price over the last 12 months versus 90.6% in Grand Palm.
What high schools serve Grand Palm and The Lakes of Jacaranda?
Listings in Grand Palm most often report Venice Senior High; listings in The Lakes of Jacaranda report Venice Senior High. Zoning is set by the district and can change - verify by address.
Go deeper on each: Grand Palm homes, photos & schools · The Lakes of Jacaranda homes, photos & schools
Figures are aggregates from realMLS / DBAAR, updated regularly. Thinking about either? Talk to Momentum Realty.