Is Florida Housing Headed for a Correction in 2026?
Florida is in a 2026 slowdown, not a crash; Sarasota’s median sits near $525,000 with 4-5 months of supply and 60+ days on market.
Florida is in a 2026 slowdown, not a crash; Sarasota’s median sits near $525,000 with 4-5 months of supply and 60+ days on market.
Florida coastal closings in 2026 add $8,000-$14,000 in doc stamps and intangible tax; line up 4-point, wind mit, seawall, and FEMA zone first.
Longboat Key waterfront’s 2026 median runs $2.1M vs. Sarasota’s $950K, with VE flood premiums of $8,000-$14,000 and HOAs of $600-$2,500/month.
List your Sarasota or Longboat Key home December through April when snowbirds arrive; 2026 days on market runs 45-75 with 2-4% appreciation.
Palmer Ranch covers 10,000 acres and ~20 sub-communities in south Sarasota; homes run $350K condos to $2M+ with sweet-spot value at $500K-$900K.
Palmer Ranch buyers skip Florida state income tax, claim a $50,722 homestead in 2026, and lock the 2.9% Save Our Homes assessment cap.
Palmer Ranch 2026 values run $380K attached villas to $900K+ single-family in Prestancia and TPC, with 30-60 days on market across communities.
Palmer Ranch’s 2026 median runs $529,000 vs. Tampa’s $383,000; you trade $140K of price for A-rated schools and a 15-minute Gulf drive.
Palmer Ranch in Sarasota has a median sale price of roughly $460,000 as of early 2026, down about 12% year-over-year, giving buyers real negotiating room.
Late spring through summer is the buy window in Palmer Ranch; 2026 medians run $540,000 with 6-7 months of supply and 60-90 days on market.
Let’s talk about your goals and your timeline — no pressure, no scripts, just a clear next step.
Real estate done right on Florida’s West Coast — buyers, sellers, and everything in between.
Team Renick · Mangrove Realty Associates
Serving all of Sarasota and Manatee Counties