What Happened in Sarasota Real Estate: Aug 16–22?
Quick Answer
Sarasota County’s August 16 through August 22, 2026 market produced 250 new listings this week, 236 pending listings, and 201 closed sales, providing a clear read on current transaction activity. The median sold price was $400,000, and sellers achieved 91.7% of list price on average. Closed sales averaged 88 Days on the Market, while cash purchases represented 43.3% of closings and new construction accounted for 18.4%. Under $500,000 was the highest-volume segment, with 158 newly listed properties and 127 closings. For sellers, single-family homes were the fastest property type, averaging 70.6 Days on the Market across 133 closings. For buyers, the $2M – $4.99M band and Longboat Key showed longer selling timelines, which can create time for careful due diligence and negotiation. Sarasota and Venice generated the most reported closings, with 84 and 52 respectively. If you have something about further information or if you need more information, contact Michael Renick.
Sarasota County Real Estate: August 16 through August 22, 2026
A weekly look at new listings, contracts, closings, pricing, and selling pace.
Market Activity
Sarasota County produced 250 new listings this week, 236 pending listings, and 201 closed sales. There were also 24 expired listings and 83 withdrawals or cancellations, reinforcing the importance of pricing and presentation from day one.
Pricing & Time on Market
The countywide median sold price was $400,000, with a median of $236 per square foot. Sellers achieved 91.7% of list price on average. Closed sales averaged 88 Days on the Market; cash sales accounted for 43.3% of closings, and new construction represented 18.4%.
New Listing Flow by Price Band
New listing flow was concentrated below $500,000, with 158 of the week’s 250 newly listed properties. The $500K – $999K range added 55 new listings, The $1M – $1.99M range added 24 new listings, while the $2M – $4.99M range added seven and the $5M+ range added six.
Activity by City
Sarasota led the reported cities with 122 new listings, 109 pending listings, and 84 closed sales. Venice followed with 52 closings. The reported cities accounted for nearly all countywide closings, with an additional 1 closing in other submarkets.
Segment Performance (Overall)
Price Bands
The Under $500K band recorded the most closed sales, 127, and averaged 80.5 Days on the Market. The $1M – $1.99M band was the fastest notable price range at 75.1 Days on the Market across 14 closings. The $2M – $4.99M band had four closings and averaged 161.8 Days on the Market. The $5M+ segment had limited activity, with one closing and no reported average Days on the Market.
Geography (Cities)
Osprey was the fastest reported city at 46.4 Days on the Market across five closings. Nokomis averaged 54.5 Days on the Market across 17 closings. At the other end, Longboat Key averaged 227.9 Days on the Market across seven closings, while Englewood averaged 149.6 Days across seven closings.
Property Types
Single Family Residence led with 133 closings, averaging 70.6 Days on the Market and a $455,000 median price. Condominium had 37 closings, 139.9 Days on the Market, and a $270,000 median price. Townhouse posted eight closings, 98 Days on the Market, and a $296,649.50 median price; Villa posted 23 closings, 93.8 Days on the Market, and a $307,000 median price.
Segment Performance — Single-Family
Price Bands
Single-family homes recorded 133 closings. The Under $500K range produced 72 closings and averaged 61.5 Days on the Market; the $500K – $999K range had 45 closings and averaged 79.3 days. The $1M – $1.99M range had 11 closings and averaged 41 Days on the Market, while the $2M – $4.99M range had four closings and averaged 161.8 days. The $5M+ range had limited activity.
Geography (Cities)
Sarasota recorded 52 single-family closings with a $582,500 median price and 75.2 Days on the Market. Venice had 33 closings, a $410,000 median price, and 59.4 Days on the Market. North Port posted 27 closings at a $330,000 median price and 72.7 Days on the Market; Nokomis had 13 closings at a $575,000 median price and 50.9 Days on the Market.
Segment Performance — Condo/Townhome/Villa
Price Bands
Condominium, townhouse, and villa properties recorded 68 closings. The Under $500K range had 55 closings and averaged 104.9 Days on the Market. The $500K – $999K range had 10 closings and averaged 184.9 days, while the $1M – $1.99M range had three closings and averaged 194.5 days. The two higher bands had limited activity.
Geography (Cities)
Sarasota recorded 32 condo, townhouse, and villa closings, averaging 107 Days on the Market. Venice posted 19 closings and averaged 123.9 Days. Osprey had four closings at 51.8 Days, while Longboat Key had five closings at 269.8 Days on the Market.
Property Types
Condominium was the largest segment with 37 closings, a $270,000 median price, and 139.9 Days on the Market. Villa recorded 23 closings, a $307,000 median price, and 93.8 days. Townhouse had eight closings, a $296,649.50 median price, and 98 Days on the Market.
Actionable Playbook
- Sellers: Single Family Residence was the fastest property type, averaging 70.6 Days on the Market across 133 closings. The $1M – $1.99M band was the fastest price segment at 75.1 days, making precise positioning especially important.
- Buyers: The $2M – $4.99M band averaged 161.8 Days on the Market, and Longboat Key averaged 227.9 days, giving buyers more time to evaluate and negotiate.
- Investors: Under $500K was the highest-volume price band, with 127 closings and 158 new listings this week.
- Luxury: Properties at $1 million and above averaged 105.3 Days on the Market across 19 closings, with a $1,394,274 luxury median sold price.
Days on the Market Basis: CDOM
Period: August 16 through August 22, 2026
Frequently Asked Questions
What was the median sold price in Sarasota County for August 16 through August 22, 2026?
The countywide median sold price was $400,000. Single Family Residence sales had a $455,000 median price, while Condominium sales had a $270,000 median price.
How competitive was Sarasota County for sellers this week?
Sellers achieved 91.7% of list price on average. The week recorded 236 pending listings and 201 closed sales, while 250 properties were newly listed.
Which Sarasota County price range had the most activity?
Under $500K was the highest-volume price band. It had 158 new listings this week and 127 closed sales, with closed sales averaging 80.5 Days on the Market.
Where did homes sell fastest in Sarasota County this week?
Osprey was the fastest reported city, averaging 46.4 Days on the Market across five closings. Single Family Residence was the fastest property type, averaging 70.6 Days across 133 closings.
Where may Sarasota County buyers have more negotiating time?
The $2M – $4.99M band averaged 161.8 Days on the Market across four closings. Longboat Key averaged 227.9 Days on the Market across seven closings, creating more time for buyers to assess value and terms.
“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.
