SOUTH GATE RIDGE 03 in SARASOTA

SOUTH GATE RIDGE 03
Homes for Sale in SARASOTA, FL

Community in SARASOTA · Sarasota County · ZIP 34233
146 homesBuilt 1960–1977Median sale $330K
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Live Market Pulse
48/100
Market Heat
Near its long-run normal
2014 → 2026 · 80 at the 2022 peak
0 is SOUTH GATE RIDGE 03's coldest market since 2014, 100 its hottest. Today: 48. How it's scored
Built fromLive Stellar MLS data17 years of closingsFL DOR public recordsUpdated twice daily
Live · SOUTH GATE RIDGE 03 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$330K
Median sold · 12 mo
down 5.7% vs the prior 12 months
-5.7%
1-yr price change
n = 11 and 5 sales in the two windows
$266/sf
Sold $/sqft · 12 mo
peak $274 in 2024
99.2%
Sale vs ask
Tempo
31days
Median DOM · closed
7 days at the 2024 low
0 · 0
For sale · pending
live counts, refreshed twice daily
11
Sold · last 12 mo
10-yr average: about 5 a year
Ownership and context
60%
Owner-occupied · SOUTH GATE RIDGE 03
88 of 146 parcels homesteaded (FL DOR 2025)
40%
Non-owner-occupied · SOUTH GATE RIDGE 03
incl. 10% trust or LLC-held · 10% out-of-state
27%
Cash buyers · SOUTH GATE RIDGE 03
3 of 11 sales, 12 mo ending June 2026
146
Homes in the community
146 residential parcels (FL DOR 2025)
Track record · 17 years of records
Est. 1960
Community established
homes built 1960-1977, median 1969 (FL DOR 2025)
2
Failed listings · 2026
peaked at 4 in 2016
1,209sqft
Median sold home size
12-mo windows, closed sales
7.5%/yr
Turnover rate
about 11 of 146 homes trade a year
SOUTH GATE RIDGE 03 Housing Pulse · Momentum Research · as of August 2, 2026

SOUTH GATE RIDGE 03 right now

🟡 Off the recent peak. The trailing-12-month median ($330K) is down 5.7% from the prior 12 months ($350K). With about 5 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Low (11 and 5 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

SOUTH GATE RIDGE 03 market snapshot (as of August 2, 2026): the median sale price is about $330K ($266 per sq ft over the trailing 12 months of closed sales), and a median 31 days on market for closed sales. The trailing-12-month median is down 6% from the prior 12 months, computed from record-level Stellar MLS closed sales (11 closings in the current window).

SOUTH GATE RIDGE 03 is a community of 146 homes in SARASOTA, Sarasota County, built between 1960 and 1977 (median 1969), with a median living area of about 1,486 square feet. 60% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 11 sales each (11 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2009 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K$400K20122014201620182020202220242026
Down 5.7% year over year.
Every sale since 2009 · price vs size
$0$200K$400K1k2k2k2k
72 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$200$25020122014201620182020202220242026
Up from $117 in 2012 to a $274 peak in 2024; $266 now.
Median days on market · closed sales
025507520122014201620182020202220242026
7 days at the 2024 low; 31 now.
Sale price vs original ask · median
90%100%20122014201620182020202220242026
99.2% now.
Homes sold per 12-mo window
051020122014201620182020202220242026
0 to 11 a year; 11 in the current window.
Sellers who gave up · failed listings per year
024200820102014201620182020202220242026
Canceled, expired, or withdrawn. 4 quit in 2016; 2 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201420162018202220242026
80 at the 2022 peak, 29 in the troughs, 48 now. Same score as the hero card, full history.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Sarasota County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,437/mo
Sarasota County typical true cost to own
$177/mo
Sarasota County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

South Gate Ridge Unit 3 Market Scorecard

Thin data

South Gate Ridge Unit 3 is currently a thin data market. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
n/a
Median sold
n/a
Per sqft
n/a
Days on mkt
0/0/0
Active/Pend/Sold

Go deeper: true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in SOUTH GATE RIDGE 03, SARASOTA

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 63 listings

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

Schools

In short
  • Sarasota County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Sarasota County Schools (verify by address) · Public
  • Wilkinson Elementary (verify zoning)FLDOE grade B · Public
  • Brookside Middle and Riverview High (verify zoning) · Public

Grades are official Florida Department of Education school grades for 2025-26. Assignments are reported as of the 2025-26 year and can change; always confirm with Sarasota County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any SOUTH GATE RIDGE 03 address.

If we were buying in SOUTH GATE RIDGE 03 today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in SOUTH GATE RIDGE 03.

A closer look at the SOUTH GATE RIDGE 03 market

At a median of $266 per square foot, SOUTH GATE RIDGE 03 prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median down 6% year over year. Homes that do trade take a median 31 days on market, useful leverage on any listing that has lingered.

The housing stock is 146 homes built between 1960 and 1977, and 60% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in SOUTH GATE RIDGE 03. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.7B- · Buy Score
Recent Direction4.6/10
Owner Commitment6.0/10
Pricing Power9.5/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (6.7). Basis: Recent Direction -5.7% year-over-year; Owner Commitment 60% owner-occupied; Pricing Power 99.2% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

In short
  • Mandatory HOA - confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed SOUTH GATE RIDGE 03 sales matched to your home.

What is your SOUTH GATE RIDGE 03 home worth?

Get a no-obligation home value based on real comparable sales in SOUTH GATE RIDGE 03, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in SOUTH GATE RIDGE 03 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in SOUTH GATE RIDGE 03?
The median sale price in SOUTH GATE RIDGE 03 was $330K over the 12 months ending August 2, 2026 (11 closed sales, Stellar MLS).
How long do homes in SOUTH GATE RIDGE 03 take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 31 days on market (11 sales, Stellar MLS).
How many homes are in SOUTH GATE RIDGE 03?
The Florida DOR 2025 assessment roll shows 146 homes in SOUTH GATE RIDGE 03 (public records).
What share of SOUTH GATE RIDGE 03 is owner-occupied?
60% of SOUTH GATE RIDGE 03 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in SOUTH GATE RIDGE 03 built?
Homes in SOUTH GATE RIDGE 03 were built between 1960 and 1977, with a median year built of 1969 (FL DOR 2025 roll).
Do cash buyers compete in SOUTH GATE RIDGE 03?
Cash buyers took 27% of SOUTH GATE RIDGE 03 sales in the 12 months ending June 2026 (3 of 11 closings, Stellar MLS).
What schools serve SOUTH GATE RIDGE 03?
SOUTH GATE RIDGE 03 is served by Sarasota County Public Schools, typically Sarasota County Schools (verify by address), Wilkinson Elementary (verify zoning) and Brookside Middle and Riverview High (verify zoning). Confirm the exact zoning by address with the district.
Who is the best real estate agent for SOUTH GATE RIDGE 03?
The best agent for SOUTH GATE RIDGE 03 is one who actively works SARASOTA and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for SOUTH GATE RIDGE 03.
How do I find a top SARASOTA real estate agent who knows SOUTH GATE RIDGE 03?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows SOUTH GATE RIDGE 03 and the wider SARASOTA area.
Can Momentum Realty connect me with an agent for SOUTH GATE RIDGE 03?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your SOUTH GATE RIDGE 03 purchase or sale - no call center and no pressure.

Nearby Communities

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Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: June 30, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesStellar MLS records, as of 2026-08-01
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2009 (72 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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