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Q2 2026 · Townhouses & Condos

Sarasota County Market Report

Source: Florida REALTORS® / Stellar MLS

Median Sale Price

$340,000

+0.3% vs. Q2 2025

Closed Sales

1,180

+17.2% vs. Q2 2025

Median Time to Contract

73 Days

+10.6% vs. Q2 2025

Months of Inventory

6.3

Down from 8.3 last year

Cash Sales

64.0%

755 of 1,180 sales

List Price Received

91.4%

+1.5 pts vs. Q2 2025

The quarter in review

Sarasota County condos closed 1,180 sales this quarter, up 17.2% year-over-year — the strongest volume growth of any segment in the county — while the median price held essentially flat at $340,000 (+0.3%). New pending sales surged 25.1%, and sellers captured 91.4% of list price, up 1.5 points from a year ago.

The luxury condo tier had a standout quarter: sales between $1.25 million and $1.49 million doubled year-over-year (32 sales, up from 16), and sales between $2 million and $2.99 million rose 32.0% to 33 transactions. Active inventory fell 12.1% to 1,959 units, pushing months of supply down to 6.3 from 8.3. Days to contract lengthened slightly to 73, up 10.6%, even as volume accelerated.

If you’re buying

Condo prices are essentially flat while sales volume surged nearly 17% — genuine activity without the price pressure buyers are seeing in single-family homes. If you're shopping above $1.25 million, though, expect real competition; that tier's transaction count doubled.

If you’re selling

Volume and demand are both up sharply, and buyers are paying closer to asking than a year ago. The luxury tier is a particular bright spot this quarter — if your unit is above $1.25 million, lean into that demand in your pricing and marketing.

Market data is sourced from the MLS and local REALTOR® association reports and is deemed reliable but not guaranteed. Figures reflect the stated property type and area for the period indicated and are provided for general informational purposes only — they are not an appraisal, a guarantee of value, or investment advice. For an analysis specific to your property, request a custom report.

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