What Happened in Sarasota Real Estate: July 26–Aug 1?
Quick Answer
Sarasota County’s housing market held steady and active from July 26 through August 1, 2026, and Michael Renick has been tracking every shift in real time. The county logged 226 new listings this week, 215 pending contracts, and 245 closed sales. The median sold price reached $450,000, with homes fetching a median of $255 per square foot, while sellers achieved 91.7% of list price on average, signaling that accurately priced homes are still drawing strong offers. Closed listings averaged 83 days on the market, while new listings this week showed just 1 day on market, reflecting fresh supply entering the pipeline. Cash buyers made up 43.7% of closings, underscoring continued investor and relocation demand, and new construction accounted for 19.6% of new listing flow. Single-family homes are outperforming condominiums in speed to close, averaging 71.7 days versus 118.5 days, while the Under $500,000 band remains the busiest price segment countywide. Sarasota, Venice, and North Port led all submarkets in closed sales this week. If you have something about further information or if you need more information, contact Michael Renick.
Sarasota County Real Estate Market Update: July 26 – August 1, 2026
245 closed sales, a $450,000 median sold price, and 91.7% of list price achieved across Sarasota County this week
Market Activity
Pricing & Time on Market
New Listing Flow by Price Band
Activity by City
Segment Performance (Overall)
Price Bands
Countywide, the Under $500K band led with 134 closed sales at an average of 78.2 days on market and a median price of $349,500. The $500K–$999K band followed with 74 sales, the fastest pace of any band at 73.3 days on market, closing at a median of $712,500. The $1M–$1.99M band saw 24 sales averaging 113.0 days, while the $2M–$4.99M band posted 10 sales at 120.2 days. The $5M+ band was slowest, with just 3 closings averaging 226.5 days on market and a median price of $9,400,000.
Geography (Cities)
Sarasota led all submarkets with 107 closed sales at an average of 85.0 days on market and a median price of $600,000. Venice followed with 52 sales averaging 66.6 days, and North Port posted 33 sales at 84.7 days. Nokomis was the fastest-selling city countywide at 62.0 days on market across 22 closings, while Longboat Key was the slowest at 132.8 days across 7 sales. Englewood recorded 17 sales at 116.8 days, and North Venice logged 4 sales at 112.8 days. These seven cities combined for 242 of the county’s 245 closed sales, with an additional 3 closings across other submarkets.
Property Types
Single Family Residence dominated closed activity with 170 sales, averaging 71.7 days on market at a median price of $510,000. Condominiums recorded 48 sales, the slowest-moving type at 118.5 days on market, with a median price of $427,500. Townhouses posted 11 sales averaging 87.1 days at a median of $349,000, while Villas saw 16 sales averaging 82.75 days at a median of $323,650.
Segment Performance — Single-Family
Price Bands
Single-family homes recorded 170 total closed sales during the window. The Under $500K band led volume with 81 sales averaging 69.1 days on market at a median of $365,000. The $500K–$999K band was the fastest, with 65 sales averaging 62.9 days at a median of $719,000. The $1M–$1.99M band posted 17 sales at 101.5 days, the $2M–$4.99M band saw 6 sales at 97.75 days, and the single $5M+ sale had no reportable average days on market.
Geography (Cities)
Sarasota led single-family closings with 64 sales at a median price of $713,000 and 63.3 days on market. Venice followed with 33 sales at 47.2 days — the fastest pace among single-family submarkets — and a median price of $510,000. North Port posted 31 sales at 84.2 days, Nokomis recorded 18 sales at 64.1 days, and Englewood saw 15 sales at 123.2 days, the slowest of the larger submarkets. North Venice logged 4 sales at 112.75 days, while Longboat Key had limited activity with 2 sales and no reportable average days on market.
Segment Performance — Condo/Townhome/Villa
Price Bands
The condo, townhouse, and villa segment recorded 75 total closed sales. The Under $500K band led volume with 53 sales averaging 91.5 days on market at a median of $260,000. The $500K–$999K band saw 9 sales at 135.8 days, the $1M–$1.99M band posted 7 sales at 137.6 days, and the $2M–$4.99M band recorded 4 sales at 165.0 days. The 2 sales in the $5M+ band had no reportable average days on market.
Geography (Cities)
Sarasota led the segment with 43 closed sales averaging 115.3 days on market at a median price of $389,900. Venice followed with 19 sales at 96.7 days and a median of $255,000. Longboat Key recorded 5 sales at 126.6 days with a median price of $1,000,000, while Nokomis posted the fastest pace at 53.5 days across 4 sales. North Port and Englewood each saw limited activity with 2 sales apiece and no reportable average days on market.
Property Types
Within the segment, Condominiums accounted for 48 sales, the slowest of the three at 118.5 days on market and a median price of $427,500. Villas posted 16 sales averaging 82.75 days at a median of $323,650, while Townhouses recorded 11 sales averaging 87.1 days at a median of $349,000, making Villas the fastest-moving of the three property types.
Actionable Playbook
- Sellers: Single Family Residence is the fastest-moving property type at 71.7 days on market across 170 closings, and the $500K–$999K band is the quickest price tier at 73.3 days across 74 sales — sellers in these categories who price accurately can expect a faster path to closing.
- Buyers: The $5M+ band is the slowest-moving price tier at 226.5 days on market, and Longboat Key is the slowest city at 132.8 days on market, both suggesting more room to negotiate for buyers willing to be patient in these segments.
- Investors: The Under $500K band is the highest-volume price segment countywide, marking it as the most active corner of the market for transaction flow.
- Luxury properties (defined at $1M+) averaged 122.0 days on market across 37 closings, with a luxury median sold price of $1,625,000 — upper-tier sellers should plan for a longer marketing runway than the countywide average.
DOM Basis: CDOM
Period: July 26 through August 1, 2026
Frequently Asked Questions
How long are homes taking to sell in Sarasota County right now?
For the week of July 26 through August 1, 2026, closed sales in Sarasota County averaged 83 days on market. Speed varies by property type: single family residences sold fastest at about 72 days, while condos averaged roughly 118 days. By price band, homes between $500K and $999K moved quickest at about 73 days, while the $5M+ luxury tier took over 226 days. Sellers pricing realistically in the sub-$1M range are still seeing the fastest turnaround, according to Michael Renick’s weekly market data.
Is now a good time to sell a condo in Sarasota?
Condos are the slowest-moving property type this week, averaging 118 days on market compared to 72 days for single family homes, based on the July 26 to August 1, 2026 report. Still, 48 condos closed during the week at a median price of $427,500, so buyers are active. With 91.7% of list price being achieved on average across the market and 43.7% of sales paid in cash, well-priced condos are still selling. Sellers should expect a longer timeline than the overall market average, per Michael Renick’s analysis.
What is the median home price in Sarasota right now?
Across Sarasota County, the median sold price for the week of July 26 through August 1, 2026 was $450,000, with a median price per square foot of $255. Single family residences had a higher median sold price of $510,000, while condos, townhomes, and villas combined sold at a median of $368,990. By city, Sarasota led at a $600,000 median closed price, followed by Longboat Key at $1,080,000, while North Port was more affordable at $340,000, according to Michael Renick’s weekly data.
Which Sarasota-area city is seeing the most real estate activity right now?
The city of Sarasota led all areas with 326 total transactions this week (July 26 to August 1, 2026), including 117 new listings, 102 pending sales, and 107 closed sales. Venice followed with 146 total transactions, and North Port came in third with 98. Smaller markets like Nokomis, Englewood, Longboat Key, and North Venice saw far less volume, ranging from 10 to 52 total transactions. Michael Renick notes that Sarasota and Venice remain the county’s most active submarkets by a wide margin.
Are Sarasota home sellers getting close to their asking price?
Yes. Sellers in Sarasota County achieved an average of 91.7% of their list price on closed sales for the week of July 26 through August 1, 2026, based on 245 total closings. Cash buyers made up 43.7% of sales, and new construction accounted for 19.6% of activity. With 226 new listings hitting the market that same week and homes taking an average of 83 days to close, Michael Renick advises sellers that competitive, well-researched pricing remains key to capturing near-asking offers.
“Mike and Eric are the best realtors in Sarasota! They were true partners throughout the entire buying process. Finding a condo in such a difficult market was easy thanks to Team Renick. They took the time to understand our needs and responded to any questions we had immediately! I highly recommend using Team Renick for all of your buying and selling needs!”
“Mike and Eric have created an incredible, stress-free real estate experience. Not only are they timely and responsive to questions, but they inform and counsel effectively as you navigate the options you are considering. It was the best home buying experience I’ve had! If you need a great team, these two must be your choice.”
Michael Renick · Licensed Florida Real Estate Broker
License #BK3241900 · Verify on Florida DBPR
Mangrove Realty Associates Inc / Team Renick · Serving Sarasota & Manatee Counties since 2011
About the Author
I’m Michael Renick — a Florida West Coast broker with over 15 years guiding families through some of the biggest decisions of their lives. I’ve built my practice on hard work, honesty, and total transparency. No shortcuts, no spin — just straight answers, deep market knowledge, and the dedication my clients deserve from start to close.
