Sarasota County Condo Market: Q2 2026 — Sales Surge, Luxury Doubles

Sarasota County's condo and townhome market posted the strongest sales growth of any segment in the county this quarter — a 17.2% year-over-year jump in closed sales — while the median price barely moved. At the top of the market, the story was even more dramatic: sales between $1.25 million and $1.49 million doubled.

Sales surge, prices hold steady

Sarasota County condos closed 1,180 sales in the second quarter, up 17.2% year-over-year, while the median sale price held essentially flat at $340,000 (+0.3%). Total dollar volume rose 15.7% to $628.3 million. New pending sales jumped 25.1% to 1,057, and sellers captured 91.4% of list price, up 1.5 points from a year ago.

Active inventory fell 12.1% to 1,959 units, pushing months of supply down to 6.3 from 8.3. Days to contract lengthened modestly to 73, up 10.6% from a year ago, even as sales volume accelerated — a sign buyers are taking more time to decide even in a market with rising activity.

The luxury tier had a standout quarter

Sales between $1.25 million and $1.49 million doubled year-over-year, rising from 16 to 32 transactions. Sales between $2 million and $2.99 million rose 32.0% to 33 transactions. Entry-level volume is driving most of the quarter's growth, but the top of the market is accelerating in step — not lagging behind it.

What this means if you're buying a condo in Sarasota

Prices are essentially flat while sales volume is up sharply — real activity without the price pressure single-family buyers are facing.

• The median condo price barely moved this quarter — a genuine window if price stability matters to you
• Above $1.25 million, expect real competition — that tier's transaction count doubled year-over-year
• Months of supply at 6.3 still offers meaningfully more selection than the single-family market typically does
• Focus due diligence on HOA reserves and insurance costs regardless of price point — those factor heavily into every Sarasota condo deal

What this means if you're selling a condo in Sarasota

Demand is genuinely strong this quarter, and buyers are paying closer to asking than a year ago.

• List price received rose to 91.4%, up 1.5 points from last year — buyers are less resistant to asking prices than they were
• If your unit is priced above $1.25 million, current demand is exceptional — that tier's sales count doubled
• Sales volume up 17% means more competition for buyer attention, but also more buyers actively looking
• Lead with your building's financial health — reserve studies and insurance costs remain the deciding factor for many buyers

The data source

All numbers come from Florida REALTORS® and Stellar MLS, via the REALTOR® Association of Sarasota and Manatee. This report covers Sarasota County condos and townhomes specifically; a companion single-family report for Sarasota County will publish once that quarterly detail is compiled. If you want the data for a specific building, neighborhood, or price range in the meantime, reach out and I'll pull it directly.