Latest Sarasota FL Housing Market Statistics

Is The Sarasota Real Estate Market Hot or Cold?

The Sarasota FL. housing market statistics are changing every day. We compile and display the Sarasota housing market data IN REAL TIME! There are a lot of factors to consider when determining a listing price, or deciding on a purchase price you would like to offer as a buyer. Our goal is to help our clients make the best decisions which leads to meeting their goals, whether it is to pay as little as possible, or to get the highest price as a seller. Do not hesitate to contact us to discuss the current market for your area of interest!

Most Recent Sarasota Statistics – Single Family Homes

January 2026 Report – Single Family Homes

SINGLE FAMILY HOMES

Sarasota County:

Sales activity. In Sarasota County, January 2026 recorded 523 closed sales, up 0.6 percent compared to last year. The median sale price declined 7.5 percent to 490,000, showing sellers are pricing more competitively as demand softens. Cash buyers accounted for 45.5 percent of all transactions, reflecting continued activity from well-funded purchasers. Sellers received a median of 93.7 percent of their original list price.

Median sales price. Prices moved in different directions. Median sale prices in Sarasota declined for both single family homes and condos. In Manatee County, single family median prices increased 13.3 percent year over year, while condo prices stayed nearly flat.

Inventory. Active listings fell 2.2 percent to 2,843, resulting in a 4.6 month supply. Homes are taking longer to sell, with a median of 58 days to go under contract and 105 days to close. Buyers appear more cautious and patient. Limited inventory continues to support pricing, even as market times extend.

Manatee County:
In Manatee County, 444 homes closed in January, down 10.8 percent from last year. The median sale price increased 0.1 percent to 480,495, showing prices are holding steady despite fewer sales. Limited supply and buyer competition continue to support values. Cash buyers made up 32.4 percent of purchases, and sellers received a median of 94.2 percent of list price.

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Most Recent Sarasota Statistics – Condominiums

January 2026 Report – Condominiums

TOWNHOMES & CONDOS

Sarasota County:
Sarasota County condo and townhome update for January 2026:

• 264 closed sales, up 9.1 percent from last year
• Median price fell 9.5 percent to $314,175
• Sellers received 92.2 percent of original list price
• 68.9 percent of sales were cash
• 2,449 units on the market
• 8.9 month supply, well above a 5 to 6 month balanced market
• 66 days to contract
• 110 days to close

What this means for you

If you are buying, you have leverage. Inventory is high. Prices have softened. Sellers are negotiating, and most are accepting about 8 percent below asking on average.

If you are selling, pricing is critical. You compete with nearly 2,500 active units. Homes that are priced right move faster. Overpriced units sit and chase the market down.

Cash buyers still dominate this segment. Investors and second home buyers continue to shape pricing and demand.

If you want to review your specific condo or building, I can pull the numbers and show you exactly where you stand.

Condo inventory increased to 2,203 active listings, resulting in an 8.1 month supply. Homes spent a median of 61 days to secure a contract and 103 days to close, showing a modest improvement in pace compared with last year.

Manatee County:
Manatee County condo and townhome update for January

• 169 closed sales, down 1.7 percent year over year
• Median price down 9.2 percent to $305,000
• Sellers received 91.2 percent of original list price
• 61.5 percent of sales were cash
• 1,631 active units
• 7.2 month supply, still a buyer leaning market
• 65 days to contract
• 110 days to close

What this means for you

If you are buying, you still have options and negotiating room. A 7.2 month supply gives you leverage, especially on units that have been sitting 60 days or more.

If you are selling, price matters. Buyers are negotiating about 9 percent off list on average. Overpricing will extend your time on market and force reductions.

Cash remains a major force. Investors and second home buyers continue to influence pricing, especially in lower and mid range communities.

If you want to know how your specific condo compares, I can run the numbers for your building and show you where it stands today.

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Our Take

January 2026 numbers show the market moving toward balance. Prices are steady or slightly lower in most segments. Homes are taking longer to sell. Inventory has increased, giving buyers more options and time to decide.

Pending sales rose in both counties, which may lead to more closings in the months ahead. Buyers who paused may now see better choices and less competition. Sellers who price correctly can still secure solid offers.

The market is no longer extreme. Conditions are more even. That creates opportunity on both sides.

When you’re ready, we’re ready!