Q1 2026 · Single-Family Homes
Southwest Florida Metro Market Report
Source: Florida REALTORS® / Stellar MLS — North Port-Sarasota-Bradenton MSA
Median Sale Price
$485,230
-1.6% vs. Q1 2025
Closed Sales
3,846
+7.1% vs. Q1 2025
Median Time to Contract
57 Days
+11 days vs. Q1 2025
Months of Inventory
4.8
Down from 6.1 last year
New Listings
6,154
-13.2% vs. Q1 2025
List Price Received
94.0%
-0.8 pts vs. Q1 2025
The quarter in review
Across the broader Southwest Florida metro — Sarasota, Manatee, and North Port — single-family sales climbed 7.1% to 3,846 closings in Q1, pushing total dollar volume up 6.8% to $2.7 billion. The median landed at $485,230, down a modest 1.6% from last year. That minor correction is healthy: prices had been stretched, and the pullback is bringing more buyers off the sidelines.
The bigger shift is in supply. Active inventory dropped 17.3% year-over-year to 6,342 homes, and months of supply tightened from 6.1 to 4.8. Meanwhile, new listings fell 13.2% — fewer sellers are entering the market, which means the homes that are available are moving. Pending sales jumped 12.1%, confirming that demand is outpacing new supply. Homes are taking 57 days to go under contract (up from 46 last year), but expect that number to compress as inventory continues to shrink.
If you’re buying
The metro-wide picture mirrors what's happening at the county level: inventory is tightening and seller leverage is returning. With 4.8 months of supply, we're in balanced territory and trending toward a seller's market. If you're shopping across multiple areas — comparing Lakewood Ranch to Parrish to Wellen Park — now is the time to narrow your focus and be ready to move. The best-priced homes are not sitting long.
If you’re selling
Across the metro, sellers are landing 94% of their original list price and the supply/demand balance is shifting in your favor. The key is pricing strategy: homes priced at market are attracting strong activity, while overpriced listings are still aging. Work with an agent who knows your specific submarket — the dynamics in Lakewood Ranch are different from Venice or Bradenton, and pricing to your micro-market is what gets you under contract in 30 days instead of 90.
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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