Momentum Housing Data · Home Values · Sarasota County
Buying here? See South Gate Ridge 03 homes for sale and the South Gate Ridge 03 community guide (Sarasota).
SOUTH GATE RIDGE 03 (SARASOTA, FL): 11 recorded closings in the 12 months ending 2026-08-02, a 10-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, median closings ran near original asking (99.2%); the median sale took 31 days (window ending 2026-08-02).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $330,000 | $266 | 31 | 99.2% | 11 |
| 2025 | $349,900 | $273 | 14 | 93.5% | 5 |
| 2024 | $399,000 | $274 | 7 | 95.7% | 5 |
| 2023 | $388,612 | $244 | 46 | 84.3% | 4 |
| 2022 | $366,450 | $250 | 14 | 100.9% | 10 |
| 2018 | $200,000 | $158 | 14 | 98.5% | 3 |
| 2017 | $214,250 | $141 | 75 | 94.6% | 8 |
| 2016 | $212,500 | $150 | 8 | 97.5% | 8 |
| 2015 | $176,000 | $116 | 20 | 93.3% | 8 |
| 2014 | $185,000 | $117 | 14 | 95.1% | 3 |
Over the recorded series, SOUTH GATE RIDGE 03’s median sold price moved from $185,000 (2014) to $330,000 (12 months ending 2026-08-02) — +78% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2014 at $185,000. Against the 2024 peak of $399,000, the current median stands at -17%. Annual sales volume here has ranged from 0 to 11 closings a year (10-yr average 4.8). With roughly 4.8 closings a year, SOUTH GATE RIDGE 03’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.
What actually trades here: 99% single-family residence, 1% ?, with a median of 1,209 sq ft and a median price per square foot of $266 in the current window.
Of the 18 recorded SOUTH GATE RIDGE 03 closings since 2024, half landed between $327,875 and $385,250 (the middle two quartiles); the lowest recorded sale was $275,000 and the highest $552,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $300,000 | 3 (17%) | |
| $300,000 – $333,333 | 5 (28%) | |
| $333,333 – $366,667 | 5 (28%) | |
| $366,667 – $400,000 | 3 (17%) | |
| None and up | 2 (11%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($302 vs $270) — the usual pattern, since lot, kitchen and baths do not scale with floor area.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 1,000–1,158 sq ft | $302 | $337,000 | $289,000 – $361,500 | 6 |
| Mid-size homes 1,192–1,344 sq ft | $259 | $328,750 | $275,000 – $339,480 | 6 |
| Larger homes 1,391–2,152 sq ft | $270 | $398,250 | $365,000 – $552,000 | 6 |
At SOUTH GATE RIDGE 03’s $330,000 median and Sarasota County’s adopted 13.48 mills (FY2025-26), a home assessed at that price carries roughly $4,450 a year in property tax before exemptions, or about $3,920 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Sarasota County tax page.
Since 2008, 30 SOUTH GATE RIDGE 03 listings were withdrawn, canceled, or expired without selling (2 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 34% of SOUTH GATE RIDGE 03 listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 20%. Momentum’s market-heat index for SOUTH GATE RIDGE 03 reads 48/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
Cash bought 27% of recorded SOUTH GATE RIDGE 03 sales in the window ending 2026-06 (3 of 11) — a fact worth knowing before assuming every buyer needs an appraisal to close. The table above is the closed-sale record to price a SOUTH GATE RIDGE 03 home against; asking prices are an opening position, recorded closings are the value.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping SOUTH GATE RIDGE 03 are also weighing (same ZIP), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| BRENTWOOD ESTATES | $326,000 | $286 | 9 | 26 |
| Sarasota Springs | $334,750 | $243 | 12 | 4 |
| SEVILLE AT CENTER GATE | $310,000 | $213 | 75 | 3 |
| CEDAR GROVE OF 1ST ADD TO | $304,899 | $203 | 16 | 3 |
| School | Level | FLDOE grade |
|---|---|---|
| Sarasota County Schools (verify by address) | Public | — |
| Wilkinson Elementary (verify zoning) | Public | B (2025-26) |
| Brookside Middle and Riverview High (verify zoning) | Public | — |
Assignments and grades as recorded/published; both change — verify current zoning with the district before relying on it. Grades are the state’s official FLDOE ratings, reported as published.
More SOUTH GATE RIDGE 03: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Based on Stellar MLS data distributed by MLS GRID for the period 2009 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.