Are Sarasota Home Values Still Rising in 2026?
Sarasota’s 2026 single-family median sits near $480,000, down 6-8% from peak; inventory is up 40%+ and days on market run past 60.
Sarasota’s 2026 single-family median sits near $480,000, down 6-8% from peak; inventory is up 40%+ and days on market run past 60.
Sarasota’s barrier islands look attractive in 2026: Longboat Key median $1.15M, Siesta Gulf-front $3M-$15M+, inventory up 31% year-over-year.
Longboat Key buyers gain leverage in 2026 from higher inventory and longer days on market; flood zone, insurance, and HOA rules drive every deal.
Longboat Key waterfront homes trade $2.5M to $10M+ in 2026 over 60-120 days; nail dock, seawall, and lift permits before you list.
Sarasota offers $400K-plus diversity and 53-60 day market times; Longboat Key starts at $1M waterfront with 90+ days on market in 2026.
Longboat Key’s 2026 median runs $1.1M vs. Sarasota’s $475K, and VE Gulf-front homes there can carry $25,000-$40,000 in annual coverage.
Barrier island condo sellers face $25,000-$400,000 Surfside assessments in 2026, pushing Longboat Key and Siesta Key supply past 8 months.
Longboat Key’s March 2026 median jumped to $1.15M with inventory up 31% to 406 listings; homes sit 141 days and close near 91% of list.
Sarasota’s 2026 single-family median is near $475,000 with 5 months of supply; Longboat Key sits at $1.15M with 77-99 days on market.
Sarasota tides swing 1.5-2.5 feet daily; canal-home insurance runs $7,000-$14,000 a year and seawall replacement costs $60,000-$120,000.
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Team Renick · Mangrove Realty Associates
Serving all of Sarasota and Manatee Counties