Q2 2026 · Townhouses & Condos
Southwest Florida Metro Market Report
Source: Florida REALTORS® / Stellar MLS, North Port-Sarasota-Bradenton MSA
Median Sale Price
$324,000
+1.3% vs. Q2 2025
Nearly unchanged vs. Q1 2026
Closed Sales
2,034
+14.4% vs. Q2 2025
+16.2% vs. Q1 2026
Median Time to Contract
69 Days
+4.5% vs. Q2 2025
+1 day vs. Q1 2026
Months of Inventory
6.1
Down from 7.9 last year
Down from 7.7 in Q1
Cash Sales
59.6%
1,212 of 2,034 sales
-4.4 pts vs. Q1 2026
List Price Received
92.2%
+1.1 pts vs. Q2 2025
The second line, where shown, compares to the immediately prior published period and is not seasonally adjusted, Southwest Florida real estate moves with the calendar, so a single-period swing can reflect the time of year as much as the underlying market.
The quarter in review
The metro-wide condo and townhome market closed the quarter with 2,034 sales, up 14.4% year-over-year, at a $324,000 median (+1.3%). Total dollar volume rose 14.2% to $920.4 million, and sellers captured 92.2% of list price, up 1.1 points from a year ago. New pending sales climbed 18.8%, outpacing new listings, which fell 4.0%.
Inventory continued to tighten, though more gradually than the single-family market. Active listings fell 14.7% year-over-year to 3,286 units, pushing months of supply down to 6.1 from 7.9. Days to contract lengthened modestly to 69, up 4.5%, reflecting Sarasota's accelerating volume blended with Manatee's steadier pace this quarter.
If you’re buying
Metro-wide, condo sales are up sharply while prices have moved only modestly, real activity without the pricing pressure single-family buyers are facing. Months of supply at 6.1 still offers meaningfully more selection than the single-family market's 4.1.
If you’re selling
The metro data shows genuine demand, sales up over 14% and inventory down nearly 15%, with prices holding steady rather than surging. An accurate, evidence-based price backed by strong building financials is what separates a fast condo sale from a stale one this quarter.
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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