Sarasota County Market Snapshot: October 12 – 18. 2025: Rapid Inventory Turnover with 81-Day Median Close Times

Analysis of 373 active, 199 pending, and 158 closed listings showing exceptional velocity with 91% fresh inventory under 7 days.

Market Snapshot: Lightning-fast turnover with 338 new listings representing 91% of active inventory and 81-day median close times.

All records analyzed

Price Bands

Entry-level properties under $250K moved fastest at 65 days median close time across 21 sales. Mid-market properties ($250-500K) represented the largest segment with 85 closings at 80 days median. Upper-mid properties ($500-750K) took 88 days across 26 sales. Luxury entry properties ($750K-$1M) showed slower velocity at 134.5 days for 8 closings, while luxury properties ($1-1.5M) closed faster at 76.5 days across 6 sales. Ultra-luxury ($1.5-2M) took 172.5 days for 4 closings, and super-luxury properties over $2M closed in 94.5 days across 8 sales.

Geography (Cities/Zips)

Sarasota city dominated with 76 closings at $440,000 median price and 83 days close time. Venice followed with 38 closings at $442,000 median in 73 days. North Port contributed 24 closings at $309,000 median in 68 days. Englewood had 7 closings at $385,000 median taking 113 days. Longboat Key showed 5 luxury closings at $1,075,000 median in 93 days. Geographic performance differences were modest and within normal market range.

Property Types

Single-family residences dominated with 117 closings at $440,000 median price and 81 days close time. Condominiums contributed 29 closings at $310,000 median taking 93 days. Villas added 9 closings at $310,000 median in 82 days. Townhouses had 3 closings at $320,000 median closing in 51 days. Single-family homes showed slightly faster velocity compared to condos and villas.

Price Bands

Single-family entry-level properties under $250K closed fastest at 51 days across 9 sales. Mid-market homes ($250-500K) represented the largest segment with 62 closings at 79 days median. Upper-mid homes ($500-750K) took 88 days across 24 sales. Luxury entry homes ($750K-$1M) closed in 95 days for 7 sales. Luxury homes ($1-1.5M) showed faster velocity at 76.5 days across 4 sales. Ultra-luxury homes ($1.5-2M) took 140 days for 3 closings, while super-luxury homes over $2M closed in 94.5 days across 8 sales.

Geography (Cities/Zips)

Sarasota city led single-family activity with 53 closings at $545,000 median in 81 days. Venice contributed 25 closings at $487,500 median in 66 days. North Port added 24 closings at $309,000 median in 68 days. Englewood had 6 closings at $404,000 median taking 119.5 days. Geographic performance showed Venice moving slightly faster than other areas.

Property Types

All 117 single-family closings were single-family residences at $440,000 median price with 81 days close time, representing the complete single-family segment performance.

Price Bands

Entry-level condos/townhomes/villas under $250K closed in 78 days across 12 sales. Mid-market properties ($250-500K) represented the largest segment with 23 closings at 82 days median. Upper-mid properties ($500-750K) had 2 closings at 90.5 days. Luxury entry properties ($750K-$1M) showed 1 closing at 174 days. Luxury properties ($1-1.5M) had 2 closings at 94.5 days, while ultra-luxury properties ($1.5-2M) had 1 closing at 205 days.

Geography (Cities/Zips)

Sarasota city led with 23 condo/townhome/villa closings at $290,000 median in 86 days. Venice contributed 13 closings at $320,000 median in 80 days. Longboat Key had 4 luxury closings at $692,500 median taking 106 days. Englewood showed 1 closing at $385,000 in 10 days.

Property Types

Condominiums dominated with 29 closings at $310,000 median taking 93 days. Villas contributed 9 closings at $310,000 median in 82 days. Townhouses had 3 closings at $320,000 median closing in 51 days, showing the fastest velocity in this category.

Actionable Playbook

• Sellers: Capitalize on exceptional velocity with 91% of inventory under 7 days old and 81-day median close times.
• Buyers: Act quickly on fresh inventory as properties are being absorbed rapidly with only 19 stale listings available.
• Investors: Focus on entry-level properties under $250K showing fastest velocity at 65 days median close time.
• Consider single-family homes for slightly faster velocity compared to condos, with 81-day versus 93-day close times.

DOM Basis: CDOM

Notes: Pending-date coverage low (0%); strict in-window pending subset not used.

Period: October 12-18, 2025