Neighborhood · Sarasota, Florida
Residences At University Groves
Newer homes with easy reach to Sarasota's coast
2
Homes for sale
$789,500
Median list price
$326
Avg price / sqft
9
Median days on market
Residences At University Groves sits in the fast-growing University corridor of Sarasota County, where newer construction, planned streetscapes, and a pool-friendly Florida lifestyle define the day-to-day. It's a practical spot for buyers who want a quieter residential feel while staying within reach of Sarasota's cultural and coastal draws, from the beaches of Lido Key to the galleries of the Rosemary District.
The market here is tight and moves quickly. With just one active listing at $849,999 and a median of only 1 day on market, buyers should come prepared — and pay attention to where prices have actually landed, since the five homes sold over the past year closed at a median of $640,000. That gap between list and sold prices is worth knowing before you write an offer.
Residences At University Groves is a community in Sarasota, Florida.
Quick facts
$729,000 – $850K price range
2,422 sqft median home
$165/mo median HOA
5 sold in 12 months
Drive times
On the market now
Homes for sale in Residences At University Groves
$729,000
8059 36TH STREET CIRCLE E, SARASOTA
4 bd · 3 ba · 2,425 sqft
$849,999
8051 36TH STREET CIRCLE E, SARASOTA
4 bd · 3 ba · 2,418 sqft
Every active listing inside the Residences At University Groves boundary
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Browse Residences At University Groves
By feature — on the live map
Where the market lives
The numbers that matter
The Residences At University Groves market
5
Sold, last 12 months
$640,000
Median sold price
94%
Sale-to-list ratio
What sellers actually get vs asking
146 days
Median time to sell
Residences At University Groves vs Sarasota
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▲ 11.3% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Residences At University Groves boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Residences At University Groves is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Residences At University Groves home
≈ $5,117/mo
$789,500 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$165/mo
Median HOA
From current listings inside the boundary
Population
954
Median age
52
Median income
$78,967
Median home value
$376,300
Beyond the listings
Living in Residences At University Groves
Hobbies & Interests
Top 2% in the U.S.Green Thumb
From tiny sprouts and window plants, to flower arrangements and designing a landscape, this population has an affinity for all things green.
Attitudes
Top 4% in the U.S.Deal Seekers
These people are hunting discounts, contests, and promotions. The population loves a good sale, and they can't wait to share their bargain finds and winnings with friends and family.
Hobbies & Interests
Top 6% in the U.S.Engine Enthusiast
This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.
Food & Drink
Top 7% in the U.S.Fueling for Fitness
A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.
Hobbies & Interests
Top 7% in the U.S.Handcrafted
The only thing more beautiful than handmade decor? The hands that made it. This population appreciates the time and care put into one-of-a-kind pieces.
Appearance oriented
Top 9% in the U.S.Body Art
Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.
Straight answers
Residences At University Groves FAQs
Is Residences At University Groves a good place to live?+
It suits buyers who want newer homes and a residential pace with quick access to Sarasota's coast and culture. You're close to draws like Indian Beach / Sapphire Shores and downtown, while keeping a quieter neighborhood setting. Assigned schools include Kinnan Elementary, Braden River Middle, and Southeast High.
Is it expensive to buy here?+
It sits in the upper-mid range for the area, with the single active listing priced at $849,999 and an average of $352 per square foot. That said, actual sold prices tell a fuller story — homes have closed at a median of $640,000 over the past year, so there's room to negotiate below list.
What do homes cost in Residences At University Groves?+
The current median list price is $849,999, while the median sold price over the last 12 months was $640,000 across five sales. For a median home of about 2,418 square feet, that works out to roughly $352 per square foot on the active side.
How is the market right now?+
It's tight and quick — just one home is active and the median days on market is 1. Sellers are getting about 94% of asking on average, so serious buyers should be ready to move fast while still expecting a modest gap between list and final price.
What about HOA fees and property taxes?+
The median HOA runs $165 per month, which is reasonable for a newer community. Property taxes come in at a median of $8,403 per year, so factor both into your monthly carrying costs when comparing against other Sarasota homes for sale.
Keep exploring
More Sarasota neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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