What Happened in Sarasota Real Estate: Aug 23–29, 2026?

Sarasota County Real Estate Market Update: August 23 – 29, 2026

217 new listings, 217 pendings, and 202 closings at a $430,000 median, with sellers achieving 97.1% of list price

Price Bands

The 202 closings sorted into a clear shape by price. The Under $500K band carried the most volume with 118 closings at a $318,200 median and an average of 78 days on the market, followed by the $500K–$999K band with 56 closings at a $661,500 median and 77 days — the quickest band countywide. The $1M–$1.99M tier was the slowest of the meaningful bands, taking 98 days across 21 closings at a $1,250,000 median. Above that, activity thins out: 6 closings from $2M to $4.99M at a $2,337,925 median and 78 days, and a single closing above $5M with limited data reported.

Geography (Cities)

Sarasota was the busiest submarket with 82 closings at a $507,500 median and 78 days on the market, ahead of Venice with 51 closings at a $370,000 median and 84 days, and North Port with 36 closings at a $335,000 median and 76 days. Longboat Key was the fastest market in the county, with 6 closings averaging just 22 days at a $1,355,000 median, and Osprey also moved briskly at 51 days across 9 closings at an $800,000 median. Nokomis was the slowest, at 148 days across 11 closings with a $560,000 median, while Englewood posted 7 closings at 68 days and a $600,000 median. Those seven submarkets account for all 202 countywide closings.

Property Types

Single Family Residences dominated with 140 closings, a $510,000 median, and 74 days on the market. Condominiums followed at 32 closings, a $317,000 median, and the slowest pace at 98 days. Villas recorded 21 closings at a $315,000 median and 93 days, and Townhouses were the fastest type in the county at 65 days across 9 closings with a $259,159 median.

Price Bands

Single-family homes accounted for 140 of the county’s closings. Under $500K led with 68 closings at a $349,950 median and the fastest single-family pace of 66 days on the market. The $500K–$999K band added 49 closings at a $650,000 median and 78 days, while the $1M–$1.99M band took the longest at 100 days across 18 closings with a $1,287,500 median. The $2M–$4.99M band was efficient with 4 closings at 64 days and a $2,337,925 median, and one closing above $5M showed limited reported data.

Geography (Cities)

Sarasota led single-family activity with 47 closings at a $623,638 median and 70 days on the market, followed by North Port with 35 closings at a $340,000 median and 76 days, and Venice with 33 closings at a $499,000 median and 70 days. Osprey posted 8 closings at a $1,062,500 median in 55 days, and Longboat Key was fastest at 23 days across 3 closings with a $1,925,000 median. Nokomis was the clear outlier on time, at 149 days across 8 closings with an $800,500 median, while Englewood delivered 6 closings at a $619,628 median in 59 days.

Price Bands

The condo, townhome, and villa segment produced 62 closings. Fifty of those came in under $500K at a $285,000 median, though at a slower 96 days on the market. The $500K–$999K band was quicker at 75 days across 7 closings with a $700,000 median, and the $1M–$1.99M band recorded 3 closings at 82 days and a $1,125,000 median. Two closings landed between $2M and $4.99M with limited reported detail, and there were no closings above $5M.

Geography (Cities)

Sarasota carried the attached-housing market with 35 closings at a $295,000 median and 90 days on the market, followed by Venice with 18 closings at a $315,000 median and the segment’s slowest pace at 106 days. Longboat Key was dramatically faster, with 3 closings at a $880,000 median in 22 days, while Nokomis took 146 days across 3 closings at a $289,000 median. Osprey, North Port, and Englewood each recorded a single closing with limited data reported.

Property Types

Within the attached segment, Townhouses were the standout, closing 9 sales in an average of 65 days at a $259,159 median. Villas took 93 days across 21 closings at a $315,000 median, and Condominiums were the slowest at 98 days across 32 closings with a $317,000 median — a 33-day gap between townhomes and condos that sellers in larger condo communities should plan around.

Actionable Playbook

• Sellers: Townhouses are the fastest-moving property type in the county at an average of 65 days on the market across 9 closings, and the $500K–$999K band is the quickest price tier at 77 days on 56 closings. If your home fits either profile, price it accurately at launch and expect roughly two to three months from list to close — the countywide closed average is 80 days.
• Buyers: The $1M–$1.99M band is the slowest meaningful tier at 98 days on the market across 21 closings, and Nokomis is the slowest submarket at 148 days across 11 closings. Those are the two places where sellers have been waiting longest, which is where you have the most room to negotiate on price and terms.
• Investors: The Under $500K band is where the action is — it drew 119 of the week’s 217 new listings and produced 118 of the 202 closings at a $318,200 median. Depth of both supply and demand there means faster resale and a broader buyer pool on exit.
• Luxury: Properties at $1 million and above logged 28 closings at a $1,357,500 median and an average of 93 days on the market. Upper-tier sellers should budget a longer runway than the countywide 80-day average and price precisely from day one.

DOM Basis: CDOM

Period: August 23 – 29, 2026