Q1 2026 · Single-Family Homes
Sarasota County Market Report
Source: Florida REALTORS® / Stellar MLS
Median Sale Price
$485,000
-2.0% vs. Q1 2025
Closed Sales
2,038
+5.8% vs. Q1 2025
Median Time to Contract
54 Days
+9 days vs. Q1 2025
Months of Inventory
4.8
Down from 6.9 last year
New Listings
3,169
-20.0% vs. Q1 2025
List Price Received
93.8%
-0.5 pts vs. Q1 2025
The quarter in review
The Sarasota single-family market is tightening. Active inventory dropped 24% year-over-year to 3,351 homes, and months of supply fell from 6.9 to 4.8 — firmly in balanced-to-seller territory. Closed sales climbed 5.8% even as new listings fell 20%, meaning absorption is outpacing supply.
Prices gave back a modest 2% from last year's Q1, landing at a $485,000 median. That's not a correction — it's a healthy reset after two years of elevated inventory. Total dollar volume still rose 4.3% to $1.5 billion. Homes are taking a bit longer to go under contract (54 days vs. 45 last year), but that gap should narrow as inventory continues to tighten. Sellers are landing 93.8% of their original list price — still solid, but a clear signal that overpricing costs time.
If you’re buying
Inventory is shrinking faster than most people realize — down 24% from a year ago. If you've been waiting for more options, the window is closing. Homes priced right are moving, and the negotiating leverage that existed six months ago is fading. Don't rush, but don't assume you have unlimited time either.
If you’re selling
The market is tilting back in your favor. Months of supply at 4.8 means a balanced market, and it's trending tighter. But buyers are still rate-sensitive and price-aware — list at or just under market value and you'll attract competitive interest. Overprice by 5–10% and you'll sit for two months watching your days-on-market climb.
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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