09/26/2026
Sarasota County Market Update | August 2026 🌴
August showed stronger buyer activity across Sarasota County, while inventory continued to tighten.
Single-family closed sales reached 646, up 0.8% year-over-year, while condo sales increased 13.8% to 281. At the same time, months of supply dropped to 3.7 months for single-family homes and 5.2 months for condos.
Homes also moved faster, especially in the single-family market, where the median time to contract dropped to 47 days, down 31.9% from last year.
Prices remained relatively stable, with a median price of $470K for single-family homes and $310K for condos.
Cash buyers also remained a strong part of the market, representing 37.3% of single-family sales and 59.8% of condo sales.
In the luxury segment, sales between $1.5M and $1.99M increased 46.2% year-over-year.
The biggest takeaway: buyers are active, inventory is tighter, and well-positioned homes are moving faster.
Thinking about buying or selling in Sarasota? Send me a message and I’ll be happy to break down what’s happening in your specific area.