What Happened in Sarasota Real Estate: May 10–16, 2026?

Sarasota County Market Snapshot: May 10–16, 2026

242 Closed Sales · $431,750 Median Price · 95.7% List Price Achievement · 56.6% Cash Buyers

Price Bands

The $250K–$500K band was once again the volume engine of the Sarasota County market, recording 113 of the week’s 242 total closings at a median price of $355,000 and a median cumulative days on market of 44 days — confirming this range as the most liquid tier in the county. The $500K–$750K band contributed 48 closings at a median price of $597,500 and a median of 45.5 days. Notably, the $750K–$1M segment was the fastest-moving price band this week, with 16 closings at a median price of $850,000 closing in a median of just 38.5 days — faster than both lower bands. The $1M+ tier recorded 32 closings at a median price of $1,525,000, though these luxury homes required a median of 64 days to close, the longest of any price band. At the entry level, 33 homes closed under $250K at a median price of $200,000 but carried the second-longest median at 52 days, suggesting financing complexity and condition challenges continue to create friction for buyers and sellers at the lower end.

Geography (Cities)

Sarasota city was the dominant geographic force this week with 102 closings at a median price of $509,999 and a median cumulative days on market of 45.5 days. Venice was a strong second with 58 closings at a median price of $399,500 and a median of 44.5 days — tying North Port as one of the faster-moving markets. North Port contributed 38 closings at a median price of $317,500 and a median of 44.5 days, reflecting steady demand for more affordable detached housing. Nokomis posted 17 closings at a median price of $568,000, though homes there required a median of 59 days. Englewood recorded 12 closings at a median price of $487,500, but at a median of 84.5 days those properties sat considerably longer than the county average. Longboat Key was the slowest market by far, with 7 closings at a median price of $960,000 and a median cumulative days on market of 157 days, reflecting the patience required at the luxury island price point. Osprey was the fastest-closing city among reported submarkets, with 6 closings at a median price of $611,250 and a brisk median of 24 days. An additional 2 closings occurred in other Sarasota County submarkets not individually ranked this week.

Property Types

Single-family residences dominated the week with 169 closings at a median price of $475,000 and a median cumulative days on market of 44 days, making them both the highest-volume and a relatively efficient segment. Condominiums came in second with 47 closings, but at a median of 78 days and a median price of $350,000, they remain the slowest-moving property category — consistent with the broader Florida condo headwinds stemming from elevated HOA fees, insurance costs, and reserve funding requirements. Villas were the standout performers in terms of speed, with 19 closings at a median price of $320,000 closing in a median of just 28 days — the fastest of any property type this week. Townhouses recorded 7 closings at a median price of $370,000 and a median of 35 days, offering a solid middle-ground option for buyers seeking attached housing with reasonable velocity.

Price Bands

Single-family homes accounted for 169 total closings this week. The $250K–$500K band led with 80 sales at a median price of $357,500 and a median cumulative days on market of 42 days — the most active and among the faster-moving single-family tiers. The $500K–$750K range contributed 43 closings at a median price of $624,786 and a median of 45 days. A notable standout was the $750K–$1M band, which posted 10 closings at a median price of $851,250 and a median of just 25.5 days — the fastest of any single-family price band this week, suggesting strong buyer competition in that mid-luxury tier. The $1M+ tier saw 23 closings at a median price of $1,875,000 with a median of 62 days. At the affordable end, 13 single-family homes closed under $250K at a median price of $220,000 and a median of 24 days — a quick pace likely reflecting limited supply of affordable detached product in the county.

Geography (Cities)

Sarasota led single-family closings with 57 sales at a median price of $600,000 and a median cumulative days on market of 36 days — the fastest pace among all cities for this property type. North Port was second in volume with 35 closings at a median price of $320,000 and a median of 40 days, reflecting strong demand for affordable detached homes. Venice contributed 43 single-family closings at a median price of $432,000 and a median of 44 days. Nokomis posted 15 closings at a median price of $624,786 and a median of 47 days. Englewood recorded 12 single-family closings at a median price of $487,500 and a median of 84.5 days — a longer wait that signals more selective buyer activity in that corridor. Osprey saw 4 single-family closings at a median price of $1,165,000 and a median of 24 days. Longboat Key recorded 1 single-family closing at $1,900,000 with a median of 181 days.

Price Bands

The condo, townhome, and villa segment recorded 73 total closings this week. The $250K–$500K band dominated with 33 sales at a median price of $342,429 and a median cumulative days on market of 45 days. The Under $250K band was the second most active with 20 closings at a median price of $190,000, though these units required a median of 80 days to close — the second-slowest pace in the CTV segment. The $1M+ tier contributed 9 closings at a median price of $1,340,900 and a notably long median of 129 days, reflecting the extended timelines typical of luxury attached housing. The $750K–$1M band recorded 6 closings at a median price of $845,000 and a median of 79.5 days, while the $500K–$750K range saw just 5 closings at a median price of $560,000 and a median of 46 days.

Geography (Cities)

Sarasota dominated the CTV segment with 45 closings at a median price of $370,000 and a median cumulative days on market of 46 days. Venice was second with 15 closings at a median price of $275,000 and a median of 63 days. Longboat Key posted 6 closings at a median price of $905,000 and a median of 153.5 days, underscoring the patience required for luxury condo transactions on the key. North Port contributed limited CTV activity with just 3 closings at a median price of $268,500 and a median of 70 days. Osprey recorded 2 closings at a median price of $212,000 and a brisk median of just 29 days. Nokomis saw the most extended timelines in the CTV segment, with 2 closings at a median price of $252,000 and a striking median of 265.5 cumulative days on market — a clear signal that attached inventory in that area sat for an extended period before finding buyers.

Property Types

Within the CTV segment, condominiums were the volume leader with 47 closings at a median price of $350,000, but they carried the heaviest time burden at a median cumulative days on market of 78 days — a reflection of the continuing challenges facing the Florida condo market, including elevated HOA fees, rising insurance costs, and reserve funding requirements. Villas delivered the best velocity in the CTV segment with 19 closings at a median price of $320,000 closing in a median of just 28 days, making them a compelling option for buyers who want attached living without the long wait. Townhouses contributed 7 closings at a median price of $370,000 and a median of 35 days — the middle of the speed spectrum within this segment. Buyers and investors seeking the best combination of price and pace in the attached housing space should look closely at villa availability across the county.

Actionable Playbook

• Sellers: Price competitively in the $750K–$1M range if your home qualifies — this was the fastest price band county-wide this week, with 16 closings at a median price of $850,000 and a median cumulative days on market of just 38.5 days. If you’re listing a villa, expect fast action: villas were the quickest-moving property type at a median of 28 days and a median price of $320,000. The $250K–$500K band remains the volume leader with 113 closings, so sellers in that tier can list with confidence in buyer depth. Across all property types, sellers are achieving 95.7% of list price, rewarding accurate, well-positioned pricing.
• Buyers: The $1M+ price band is your best opportunity for negotiation leverage — homes in this range carried a median of 64 cumulative days on market with a median price of $1,525,000, meaning sellers have been waiting and may be more flexible. Longboat Key, with a median cumulative days on market of 157 days across 7 closings and a median price of $960,000, is the slowest city in the county and represents meaningful room to negotiate terms. Condominiums county-wide are taking a median of 78 days to close, giving buyers in that category significant time and leverage before committing.
• Investors: The $250K–$500K segment is where the market is most active, with 113 closings at a median price of $355,000 and 127 active listings still available — the deepest inventory pool in the county. This band offers the strongest combination of liquidity, buyer depth, and resale velocity for investment-grade acquisitions. Single-family homes in North Port (35 closings at a median of $320,000 and 40 days) offer an accessible entry point in a market with consistent demand.
• Luxury Market Watch: The $1M+ segment closed with a median cumulative days on market of 64 days across 32 sales this week — a longer runway than mid-market bands, but robust volume for the high end. Longboat Key’s 7 closings at a median price of $960,000 and a median of 157 days illustrate that luxury island buyers are patient and selective. Sellers in the premium tier should price with precision and prepare for a longer campaign; buyers who move decisively on well-priced luxury product may find fewer competitors than they expect.

How fast are homes selling in Sarasota County right now?

Homes that closed during the week of May 10–16, 2026 spent an average of 89.5 Days on the Market, though the 265 properties currently under contract had been active for only 17.4 days on average, signaling that well-priced new listings are still attracting buyers quickly. Villas were the fastest-moving property type, selling in a median of 28 days, while condominiums took the longest at a median of 78 days.

What is the median home sale price in Sarasota County this week?

The median sold price in Sarasota County for the week of May 10–16, 2026 was $431,750, with a median price per square foot of $246. The most active price range was $250,000–$500,000, which accounted for 113 of the 242 closed sales and carried a median sold price of $355,000.

Is now a good time to sell a home in Sarasota County?

Sellers in Sarasota County are currently closing at 95.7% of their list price, and 265 homes went under contract during the week of May 10–16, 2026 — nearly matching the 272 new listings that came to market. With 56.6% of sales paying cash, demand remains solid, though pricing accurately from the start is critical given that 100 sellers withdrew their listings and 41 expired during the same period.

Which Sarasota County cities have the most homes for sale?

As of the week of May 10–16, 2026, the city of Sarasota leads with 126 active listings, followed by North Port with 50 and Venice with 48. Sarasota also recorded the highest sales volume, with 102 homes closed during the week, compared to 58 in Venice and 38 in North Port.

Are Sarasota County buyers paying cash or using financing?

Cash buyers are dominating the Sarasota County market, accounting for 56.6% of all closed sales during the week of May 10–16, 2026. New construction represented 12.0% of those closings, suggesting that builders and their buyers are also a meaningful presence in the current market.

DOM Basis: CDOM

Period: May 10 – 16, 2026