Sarasota Market Update Feb 1

Sarasota County Market Snapshot: January 25-31, 2026

Strong buyer activity with $418,000 median price and 95.4% list price achievement

Price Bands

The luxury market ($1M+) demonstrated exceptional velocity with 27 sales closing in just 28 days on market at a median price of $1,525,000. The $250K-$500K segment dominated transaction volume with 90 sales but required more patience at 61.5 days on market with a $352,500 median. Mid-tier properties ($500K-$750K) found buyers in 59.5 days at $624,000 median, while the $750K-$1M range moved efficiently at 29.5 days for $847,500 median. Entry-level properties under $250K sold quickly in 34 days at $182,500 median, representing 34 transactions.

Geography (Cities)

Longboat Key emerged as the market’s speed leader with 4 sales closing in just 6.5 days at a premium $1,472,500 median price. Sarasota city proper showed strong momentum with 96 sales averaging 34 days on market at $510,000 median. Venice recorded solid activity with 60 sales taking 59 days at $373,500 median, while North Port’s 27 sales required 65 days at $330,000 median. Osprey’s limited activity of 4 sales took 61 days at $700,000 median, and North Venice experienced the longest timeline with 2 sales averaging 107 days at $395,000 median.

Property Types

Single-family residences dominated the market with 129 sales closing in 41 days at a $495,000 median price. Condominiums provided more affordable options with 51 sales at $329,900 median but required 60 days on market. Villas showed strong performance with 19 sales moving quickly in 34 days at $325,000 median. Townhouses faced longer marketing periods with 5 sales taking 187 days at $331,300 median, while the single condo-hotel sale closed in 19 days at $695,000.

Price Bands

Single-family homes totaled 129 sales across all price segments. The luxury tier ($1M+) led in speed with 20 sales closing in 38.5 days at $1,512,500 median. The $250K-$500K segment generated the highest volume with 55 sales but required 65 days at $360,000 median. Mid-range properties ($500K-$750K) recorded 31 sales in 42 days at $585,000 median, while the $750K-$1M bracket saw 12 sales close in 22.5 days at $847,500 median. Entry-level homes under $250K moved exceptionally fast with 11 sales in just 7 days at $187,000 median.

Geography (Cities)

Sarasota led single-family activity with 57 sales closing in 30 days at a premium $685,000 median price. Venice followed with 32 sales taking 50 days at $472,500 median, while North Port recorded 24 sales in 54.5 days at $341,000 median. Englewood’s 8 sales required 81 days at $476,312 median, and Nokomis saw 4 sales close in 49.5 days at $667,812 median. Osprey’s 2 luxury sales moved in 24.5 days at $1,367,500 median, while Longboat Key’s single sale closed in 15 days at $1,350,000.

Price Bands

Condo/townhome/villa sales totaled 76 transactions across all price ranges. The luxury segment ($1M+) moved fastest with 7 sales closing in 23 days at $1,595,000 median. Entry-level properties under $250K represented the largest volume with 23 sales but required 81 days at $180,000 median. The $250K-$500K range recorded 35 sales in 55 days at $345,000 median, while mid-tier properties ($500K-$750K) saw 7 sales take 87 days at $635,000 median. The $750K-$1M bracket had 4 sales closing in 58.5 days at $820,000 median.

Geography (Cities)

Sarasota dominated CTV activity with 39 sales closing in 37 days at $329,900 median price. Venice recorded 28 sales requiring 81 days at $320,000 median, while Longboat Key’s 3 luxury sales moved exceptionally fast in just 3 days at $1,595,000 median. North Port had limited CTV activity with 3 sales taking 88 days at $270,000 median, and Osprey’s 2 sales required 343.5 days at $447,500 median. North Venice recorded a single sale closing in 60 days at $375,000.

Property Types

Condominiums led CTV sales with 51 transactions closing in 60 days at $329,900 median price. Villas showed strong performance with 19 sales moving efficiently in 34 days at $325,000 median. Townhouses faced the longest marketing periods with 5 sales requiring 187 days at $331,300 median, while the single condo-hotel transaction closed quickly in 19 days at $695,000.

Actionable Playbook

• Sellers: Condo-hotel properties are moving fastest at 19 days on market with strong $695,000 pricing. Luxury properties ($1M+) also show excellent velocity at 28 days, making this an optimal time for premium listings.
• Buyers: The $250K-$500K segment offers negotiation opportunities with 61.5 days on market, while North Venice presents extended timelines at 107 days for potential deals.
• Investors: Focus on the $250K-$500K segment where the action is concentrated with 90 sales representing the highest volume segment in the market.
• Luxury market buyers can expect swift transactions with properties over $1M closing in just 28 days on average, indicating strong high-end demand.

DOM Basis: CDOM

Period: January 25-31, 2026