Sarasota County Update: May 3 – 9, 2026

Sarasota County Market Snapshot: May 3–9, 2026

214 Closed Sales · $425,500 Median Price · 95.6% List Price Achievement · 51.9% Cash Buyers

Price Bands

The $250K–$500K band was the clear volume leader this week, accounting for 114 of the 214 total closings at a median price of $377,000 and a median DOM of 51 days — confirming this range as the heartbeat of the Sarasota County market. The $1M+ segment delivered a notable performance with 34 closings at a median price of $1,462,500 and a median DOM of just 46 days, actually outpacing the $500K–$750K band, which recorded 24 sales at a median price of $595,750 but took a median of 73.5 days to close. The $750K–$1M band saw 18 closings at a median price of $812,250 and moved in a median of 47 days. At the entry level, the Under $250K segment recorded 24 closings at a median price of $212,500, but these homes took the longest to close at a median of 90.5 days — suggesting that affordability constraints, condition issues, or financing complexity are creating friction at the bottom of the market.

Geography (Cities)

Sarasota city was the dominant force geographically, recording 102 closings at a median price of $500,000 and a median DOM of 45 days. Venice followed with 47 closings at a median price of $380,000 and a median DOM of 57 days, while North Port contributed 34 closings at a median price of $327,500 and a median DOM of 56.5 days. Englewood stood out as the fastest-closing market this week, with 12 sales at a median price of $400,000 and a median DOM of just 42.5 days — the tightest pace among all cities with meaningful volume. Nokomis recorded 11 closings at a median price of $500,000, though homes there took a median of 76 days to close. Longboat Key posted 6 closings at a median price of $1,624,500 with a median DOM of 81.5 days, reflecting the premium and patience required at that price point. North Venice recorded limited activity with only 2 closings at a median price of $452,500 and a median DOM of 91.5 days.

Property Types

Single-family residences dominated the week’s closings with 140 sales at a median price of $460,000 and a median DOM of 49.5 days, making them both the highest-volume and a relatively efficient segment. Condominiums were the second most active property type with 50 closings, but at a median DOM of 76 days and a median price of $402,500, they are clearly the slowest-moving category — a trend consistent with broader condo market headwinds across Florida. Villas contributed 19 closings at a median price of $322,000 and a median DOM of 56 days, sitting in the middle of the speed spectrum. Townhouses were the standout story in terms of velocity: just 5 closings, but at a blazing median DOM of only 11 days and a median price of $274,900 — suggesting that well-priced townhomes are generating immediate buyer interest when they hit the market.

Price Bands

Single-family homes accounted for 140 total closings this week. The $250K–$500K band led with 74 sales at a median price of $380,000 and a median DOM of 49.5 days. The $1M+ tier was the second most active with 24 closings at a median price of $1,449,000 — and these luxury homes moved in a median of just 35 days, the fastest of any single-family price band this week. The $500K–$750K range saw 19 closings at a median price of $580,000 and a median DOM of 66 days, while the $750K–$1M band recorded 16 closings at a median price of $807,500 and a median DOM of 60 days. At the entry level, only 7 single-family homes closed under $250K, at a median price of $225,000 and a median DOM of 30 days — a relatively quick pace for this band, likely reflecting limited supply of affordable detached homes.

Geography (Cities)

Sarasota led single-family closings with 65 sales at a median price of $780,000 and a median DOM of 38 days — the fastest pace among all cities for this property type. North Port was second in volume with 32 closings at a median price of $331,000 and a median DOM of 55.5 days, reflecting strong demand for more affordable detached homes. Venice contributed 25 single-family closings at a median price of $417,000 and a median DOM of 55 days. Nokomis posted 9 closings at a median price of $539,990 and a notably fast median DOM of just 13 days, suggesting very competitive conditions for single-family product in that corridor. Englewood recorded 7 single-family closings at a median price of $630,000 and a median DOM of 49 days. North Venice saw limited activity with only 2 closings at a median price of $452,500 and a median DOM of 91.5 days.

Price Bands

The condo, townhome, and villa segment recorded 74 total closings this week. The $250K–$500K band dominated with 40 sales at a median price of $352,500 and a median DOM of 54.5 days. The Under $250K band was the second most active with 17 closings at a median price of $210,000, though these units took a median of 93 days to close — the slowest pace in the CTV segment by a wide margin. The $1M+ tier contributed 10 closings at a median price of $1,537,000 and a median DOM of 67.5 days. The $500K–$750K range saw only 5 closings at a median price of $615,000 and a median DOM of 82 days, while the $750K–$1M band recorded limited activity with just 2 closings at a median price of $880,000 and a median DOM of 36.5 days.

Geography (Cities)

Sarasota led the CTV segment with 37 closings at a median price of $405,000 and a median DOM of 53 days. Venice was second with 22 closings at a median price of $324,500 and a median DOM of 63.5 days. Longboat Key posted 6 closings at a median price of $1,624,500 and a median DOM of 81.5 days, reflecting the premium luxury condo market on the key. Englewood recorded 5 CTV closings at a median price of $280,000 and a notably fast median DOM of just 13 days — the quickest pace in this segment across all cities. North Port contributed limited CTV activity with only 2 closings at a median price of $228,500 and a median DOM of 79 days. Nokomis also saw limited CTV volume with 2 closings at a median price of $298,700, though the median DOM of 198.5 days signals these were properties that sat on the market for an extended period before finding buyers.

Property Types

Within the CTV segment, condominiums were the volume leader with 50 closings at a median price of $402,500, but they carried the heaviest time burden at a median DOM of 76 days — a reflection of the ongoing challenges facing the Florida condo market, including elevated HOA fees, insurance costs, and reserve funding requirements. Villas offered a more balanced profile with 19 closings at a median price of $322,000 and a median DOM of 56 days. Townhouses were the standout performers in terms of speed: just 5 closings, but at a median DOM of only 11 days and a median price of $274,900, they are clearly capturing strong buyer interest at an accessible price point. Buyers and investors looking for quick-turn opportunities in the attached housing space should take note of townhouse availability.

Actionable Playbook

• Sellers: Price competitively in the $250K–$500K band, where 114 buyers closed this week at a median price of $377,000 and a median DOM of 51 days. If you’re listing a townhouse, expect fast action — this property type closed in a median of just 11 days. Sellers in the $1M+ range should also feel encouraged: luxury homes are moving in a median of 46 days, faster than the $500K–$750K band, and buyers are achieving 95.6% of list price across the board.
• Buyers: The Under $250K price band is your best opportunity for negotiation leverage — homes in this range sat a median of 90.5 days before closing, and 38 active listings remain available. North Venice, while a small sample, recorded the slowest median DOM at 91.5 days, suggesting sellers there may be more open to conversation. Condominiums county-wide are also taking a median of 76 days to close, giving buyers in that category meaningful time and leverage to negotiate terms.
• Investors: The $250K–$500K segment is where the market is most active, with 114 closings this week at a median price of $377,000 and 156 active listings still available — the deepest inventory pool in the county. This band offers the best combination of liquidity, buyer depth, and resale velocity for investment-grade acquisitions.
• Luxury Market Watch: The $1M+ segment closed with a median DOM of just 46 days this week across 34 sales — a faster pace than the $500K–$750K band. For buyers and sellers in the luxury tier, this is a market that rewards decisiveness: well-priced luxury homes are not sitting, and Longboat Key’s 6 closings at a median price of $1,624,500 underscore continued demand at the very top of the Sarasota County market.

DOM Basis: CDOM

Period: May 3–9, 2026