TERRACES OF FOREST LAKES in SARASOTA

TERRACES OF FOREST LAKES
Homes for Sale in SARASOTA, FL

Community in SARASOTA · Sarasota County · ZIP 34232
1 homesMedian sale $215K
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Built fromLive Stellar MLS data17 years of closingsFL DOR public recordsUpdated twice daily
Live · TERRACES OF FOREST LAKES Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$215K
Median sold · 12 mo
$171/sf
Sold $/sqft · 12 mo
peak $253 in 2023
81.7%
Sale vs ask
Tempo
112days
Median DOM · closed
3 days at the 2022 low
0 · 0
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
0%
Owner-occupied · TERRACES OF FOREST LAKES
0 of 1 parcels homesteaded (FL DOR 2025)
100%
Non-owner-occupied · TERRACES OF FOREST LAKES
incl. 0% trust or LLC-held · 0% out-of-state
67%
Cash buyers · TERRACES OF FOREST LAKES
2 of 3 sales, 12 mo ending June 2026
1
Homes in the community
1 residential parcels (FL DOR 2025)
Track record · 17 years of records
3
Failed listings · 2026
peaked at 3 in 2022
1,171sqft
Median sold home size
12-mo windows, closed sales
300.0%/yr
Turnover rate
about 3 of 1 homes trade a year

The 60-Second Overview

TERRACES OF FOREST LAKES market snapshot (as of August 2, 2026): the median sale price is about $215K ($171 per sq ft over the trailing 12 months of closed sales), and a median 112 days on market for closed sales.

Windows contain 0 to 6 sales each (3 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.

Every sale since 2009 · price vs size
$0$100K$200K$300K1k2k
31 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 6 a year; 3 in the current window.
Sellers who gave up · failed listings per year
0123201220162020202220242026
Canceled, expired, or withdrawn. 3 quit in 2022; 3 so far in 2026. The clearest stress gauge a community has.

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.

The Terraces of Forest Lakes Market Scorecard

Thin data

The Terraces of Forest Lakes 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 TERRACES OF FOREST LAKES, SARASOTA

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

Active inventory in distress
1.75%
1 of 57 listings · short sale 1

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
  • Wilkinson Elementary (Sarasota County Schools)FLDOE grade B · Public
  • Brookside Middle (Sarasota County Schools)FLDOE grade A · Public
  • Sarasota High (Sarasota County Schools)FLDOE grade A · 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 TERRACES OF FOREST LAKES address.

If we were buying in TERRACES OF FOREST LAKES 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 TERRACES OF FOREST LAKES.

A closer look at the TERRACES OF FOREST LAKES market

At a median of $171 per square foot, TERRACES OF FOREST LAKES 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 location and the amenities are priced into every listing in TERRACES OF FOREST LAKES. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

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 TERRACES OF FOREST LAKES sales matched to your home.

What is your TERRACES OF FOREST LAKES home worth?

Get a no-obligation home value based on real comparable sales in TERRACES OF FOREST LAKES, 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 TERRACES OF FOREST LAKES on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in TERRACES OF FOREST LAKES?
The median sale price in TERRACES OF FOREST LAKES was $215K over the 12 months ending August 2, 2026 (3 closed sales, Stellar MLS).
How long do homes in TERRACES OF FOREST LAKES take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 112 days on market (3 sales, Stellar MLS).
How many homes are in TERRACES OF FOREST LAKES?
The Florida DOR 2025 assessment roll shows 1 homes in TERRACES OF FOREST LAKES (public records).
What share of TERRACES OF FOREST LAKES is owner-occupied?
0% of TERRACES OF FOREST LAKES parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
Do cash buyers compete in TERRACES OF FOREST LAKES?
Cash buyers took 67% of TERRACES OF FOREST LAKES sales in the 12 months ending June 2026 (2 of 3 closings, Stellar MLS).
What schools serve TERRACES OF FOREST LAKES?
TERRACES OF FOREST LAKES is served by Sarasota County Public Schools, typically Wilkinson Elementary (Sarasota County Schools), Brookside Middle (Sarasota County Schools) and Sarasota High (Sarasota County Schools). Confirm the exact zoning by address with the district.
Who is the best real estate agent for TERRACES OF FOREST LAKES?
The best agent for TERRACES OF FOREST LAKES 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 TERRACES OF FOREST LAKES.
How do I find a top SARASOTA real estate agent who knows TERRACES OF FOREST LAKES?
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 TERRACES OF FOREST LAKES and the wider SARASOTA area.
Can Momentum Realty connect me with an agent for TERRACES OF FOREST LAKES?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your TERRACES OF FOREST LAKES purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near TERRACES OF FOREST LAKES with Momentum Realty’s local guides.

Frst Lakes Country Club EstatesSARASOTA, FL · 0.5 miForest LakesSARASOTA, FL · 0.6 miCedar Grove Of 1St Add ToSARASOTA, FL · 0.7 miRidgewood Estates Add 06 Resub 01SARASOTA, FL · 0.7 miEnclave At Forest LakesSARASOTA, FL · 0.7 miHomecroftSARASOTA, FL · 0.8 miVillage GreenSARASOTA, FL · 0.8 miSarasota SpringsSARASOTA, FL · 0.8 mi

Browse all Florida neighborhood guides →

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 (31 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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