September 2026 · Townhouses & Condos
Southwest Florida Metro Market Report
Source: Florida REALTORS® / Stellar MLS, North Port-Sarasota-Bradenton MSA (released October 16, 2026)
Median Sale Price
$320,000
+4.9% vs. September 2025
+3.5% vs. August 2026
Closed Sales
533
+19.5% vs. September 2025
+2.1% vs. August 2026
Median Time to Contract
77 Days
-20.6% vs. September 2025
-2 days vs. August 2026
Months of Inventory
4.9
Down from 6.5 last year
Down from 5.1 in August
Cash Sales
56.8%
303 of 533 closings
+1.2 pts vs. August 2026
List Price Received
92.3%
+3.7 pts vs. September 2025
-0.4 pts vs. August 2026
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 month in review
Metro condo and townhouse volume surged in September. Closed sales rose 19.5% to 533 and the median rose 4.9% to $320,000, up 3.5% from August. Supply tightened sharply: active listings fell 12.9% to 2,792 and months of supply dropped from 6.5 to 4.9, bringing the segment near balance for the first time since the correction began.
The dollar-volume figure, up 151.0% to $408.4 million, and the average sale price, up 110.0% to $766,316, are concentrated rather than broad. With a median of $320,000, an average above $766,000 means a small number of very large closings, most of them in Sarasota County, carried those two figures. The median, time to contract of 77 days against 97 a year ago, and 92.3% of original list price received, up 3.7 points, are the numbers that describe the typical transaction.
If you’re buying
Condos across the metro have moved from a buyer's market to something close to balanced in a year, with supply down from 6.5 months to 4.9. That is still the most negotiable segment in the region, and cash buyers at 56.8% of closings set the pace. Diligence on the building's finances matters more than the headline price.
If you’re selling
Sales are up nearly 20%, supply is down nearly 13%, and you are keeping 92.3% of your asking price. The overhang that defined 2025 is being absorbed. Price against recent closings in your own building rather than the metro average, which September's luxury sales have pulled well above any ordinary unit.
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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