Sarasota County Market Update: Feb 22-28

Sarasota County Market Snapshot: February 22-28, 2026
Strong Activity with 95.4% List Price Achievement
Market Activity
Pricing & Time on Market
Active Inventory by Price
Activity by City
Segment Performance (Overall)
Price Bands
The $250K-$500K segment dominated sales activity with 158 transactions at a median of 73 days on market and $340,000 median price. The fastest-moving segment was $500K-$750K properties, selling in just 23 days with 47 sales at a $562,000 median. Entry-level homes under $250K showed slower movement at 90 days for 38 sales, while the $750K-$1M range experienced the longest timeline at 129 days for 15 transactions. Luxury properties over $1M moved more efficiently at 74 days, with 43 sales at a $1.5M median price.
Wow! I have to admit, I really struggled with the decision to go with a National Real Estate Company or one that was local. When I elected to work with Team Renick, I made the right decision. Mike and Eric know what is going on. Not only did I find them helpful with every step of the process so far, they both made themselves available even during off hours. A local company that understands the market is the best way to go. Mike has a unique approach to business….he actually listens to the customer and then delivers. I like that he doesn’t promise just anything. Every commitment he made to me was realistic and he kept it.
– sambrofon, Zillow Review
The $250K-$500K segment dominated sales activity with 158 transactions at a median of 73 days on market and $340,000 median price. The fastest-moving segment was $500K-$750K properties, selling in just 23 days with 47 sales at a $562,000 median. Entry-level homes under $250K showed slower movement at 90 days for 38 sales, while the $750K-$1M range experienced the longest timeline at 129 days for 15 transactions. Luxury properties over $1M moved more efficiently at 74 days, with 43 sales at a $1.5M median price.
Geography (Cities)
Sarasota led the market with 122 sales at 74 days on market and a $485,000 median price, followed by Venice with 78 sales moving quickly at 41 days and $370,500 median. North Port recorded 46 sales at 87 days with a $312,500 median, while Englewood saw 27 transactions at 91 days and $315,000 median. Longboat Key’s luxury market showed 8 sales at 115 days with a $1.05M median price. Nokomis had 15 sales at 59 days and $523,000 median, while Osprey recorded 4 sales at 44.5 days and $441,250 median.
Property Types
Single-family residences dominated with 202 sales at 61 days on market and a $457,500 median price. Condominiums followed with 49 sales taking 87 days at a $298,000 median, while villas recorded 38 sales at 85 days and $325,000 median. Townhouses showed the longest timeline at 114 days for 10 sales with a $336,500 median. Condo-hotels moved fastest at just 32.5 days for 2 sales, achieving a $652,000 median price.
Segment Performance — Single-Family
Price Bands
Single-family homes totaled 202 sales across all price segments. The $250K-$500K range led with 102 sales at 62.5 days and $340,000 median, followed by the $500K-$750K segment with 43 sales moving quickly at 25 days and $560,000 median. Luxury homes over $1M recorded 33 sales at 65 days with a $1.525M median price. Entry-level homes under $250K had 11 sales at 116 days and $190,000 median, while the $750K-$1M range showed 13 sales at 129 days and $925,000 median.
Geography (Cities)
Sarasota led single-family sales with 74 transactions at 68.5 days and $600,500 median price. Venice followed with 51 sales moving rapidly at 23 days and $450,000 median, while North Port recorded 41 sales at 83 days and $319,000 median. Englewood had 17 sales at 84 days with a $439,000 median, and Nokomis saw 12 sales at 56 days and $537,500 median. Longboat Key’s luxury single-family market recorded 3 sales at 89 days with an impressive $3.3M median price.
Segment Performance — Condo/Townhome/Villa
Price Bands
Condo, townhome, and villa sales totaled 99 transactions. The $250K-$500K segment dominated with 56 sales at 88.5 days and $333,500 median price, followed by entry-level properties under $250K with 27 sales at 82 days and $200,000 median. Luxury CTV properties over $1M recorded 10 sales at 81 days with a $1.4M median. The $500K-$750K range had 4 sales moving quickly at 9 days and $624,995 median, while the $750K-$1M segment showed 2 sales at 127.5 days and $875,000 median.
Geography (Cities)
Sarasota led CTV sales with 48 transactions at 81.5 days and $346,250 median price. Venice followed with 27 sales at 56 days and $305,000 median, while Englewood recorded 10 sales at 106 days and $288,500 median. Longboat Key’s luxury CTV market had 5 sales at 141 days with an $825,000 median. North Port showed 5 sales at 110 days and $269,900 median, while Nokomis had 3 sales at 237 days and $360,000 median.
Property Types
Condominiums led CTV sales with 49 transactions at 87 days on market and a $298,000 median price. Villas followed closely with 38 sales at 85 days and $325,000 median, while townhouses recorded 10 sales taking longer at 114 days with a $336,500 median. Condo-hotels showed the fastest movement at just 32.5 days for 2 sales, achieving a premium $652,000 median price.
Actionable Playbook
- Sellers: Price properties in the $500K-$750K range for fastest movement at just 23 days on market. Condo-hotels are moving exceptionally quickly at 32.5 days, making this an optimal time to list premium hospitality properties.
- Buyers: Focus negotiation efforts on the $750K-$1M segment where properties are taking 129 days to sell, and consider North Venice where the single property took 131 days. These extended timelines suggest motivated sellers.
- Investors: Target the $250K-$500K segment where the highest volume of activity occurs with 158 sales, providing the most liquidity and opportunity for portfolio building.
- Luxury market buyers should expect a 74-day timeline for properties over $1M, which represents reasonable velocity for this premium segment in Sarasota County.
Mike and Eric are conscientious, focused, and knowledgeable. In the short time I’ve been engaged with Team Renick, I have experience a level of service that I’ve never seen before. Not only are they knowledgeable about their market, they have the unique ability to leverage that for the benefit of their clients. I struggled at first with regards to using a large national brokerage or a smaller one that is focused on the Island properties that are of interest to me. Mike explained it well. I’m really hiring the individual. He was absolutely right. Mike would excel as a Broker no matter what company he elected to work for. I highly recommend this team.
– Tom Allenson, Google Review
DOM Basis: CDOM
Period: February 22-28, 2026