THE ZARGHAMI REPORT

SARASOTA’S MOST CURRENT AND RELEVANT REAL ESTATE MARKET INFORMATION

Nokomis Market Report

JUNE 2026

Market data for properties with a Nokomis address.
Updated July 6, 2026

Highlights

  • Nokomis improved in June 2026 as sales increased and inventory declined from last year.
  • Pricing strengthened, with both the median and average sale price moving higher.
  • Supply moved back into a balanced to seller-leaning range after being more elevated in June 2025.
  • Homes sold slightly faster than last year, showing steady buyer engagement.
  • Sellers had a stronger market, but buyers still compared value carefully across resale and newer-home options.

Market Conditions

Nokomis moved into a healthier market position in June 2026. Sales rose, inventory declined, and months of supply fell to a more balanced level. That combination gave sellers a stronger foundation than they had one year earlier.

Closed sales increased to 90 in June 2026, up from 69 in June 2025. That gain shows stronger buyer activity in the Nokomis market. Active inventory fell to 258 homes, down from 381 one year earlier. With more homes selling and fewer homes available, months of supply declined from 5.3 months to 3.3 months.

That 3.3-month supply level placed Nokomis in a balanced to seller-leaning position. It was tighter than Sarasota County overall, which had 4.2 months of supply. Buyers still had options, but the market was no longer as inventory-heavy as it was last year.

Pricing Trends

Pricing strengthened in Nokomis in June. The median sale price rose to $538,000, up from $497,000 one year earlier. Since the median reflects the middle of the market, this points to stronger typical closed-sale pricing.

The average sale price also increased, rising to $701,000 from $626,000 in June 2025. Because the average can be influenced by higher-priced sales, this suggests that upper-end closings also helped lift the overall pricing picture.

The increase in both median and average prices gives the pricing trend more support. Nokomis includes established neighborhoods, coastal-influenced properties, and newer communities, so monthly results can be affected by the mix of homes that close. Even with that caveat, the June data shows stronger pricing than last year.

Inventory Trends

Inventory declined meaningfully from June 2025. Active listings fell from 381 to 258, reducing the number of choices available to buyers and the level of direct competition among sellers.

Months of supply dropped from 5.3 months to 3.3 months. That shift moved Nokomis away from a more buyer-leaning position and into a more seller-supported market. Lower supply mattered because buyers had fewer alternatives when a well-priced home matched their needs.

Even so, Nokomis was not an extreme shortage market. Buyers still had some choice, especially across different property types, price points, and new-construction or newer-home options. Sellers had stronger leverage than last year, but pricing still needed to match current buyer expectations.

Market Pace

The Nokomis market moved slightly faster in June 2026. Median days on market fell to 51 days, down from 63 days one year earlier. That improvement shows buyers were more responsive than they were last June.

The stronger pace, higher sales, and lower inventory all point to better absorption. Homes were not selling at the speed of the pandemic-era market, but they were moving more efficiently than they did in 2025.

Compared with Sarasota County overall, Nokomis had a similar pace. The countywide median was 54 days, while Nokomis was 51 days. That suggests normal, steady demand rather than an overheated market.

What This Means for Buyers

Nokomis buyers had fewer choices than they did last year, and stronger listings required more timely decisions. The market still allowed buyers to compare options, especially across resale homes, newer communities, and location differences. Buyers needed to stay disciplined on pricing, but they had less leverage than they did when inventory was higher.

What This Means for Sellers

Nokomis sellers had a more supportive market in June 2026. Higher sales, lower inventory, stronger pricing, and faster market times all helped properly positioned homes. Sellers still needed realistic pricing and strong presentation, but the market was more favorable than it was one year earlier.
Combined Market Data
Closed Sales Data
Closed Units
90
+30.4%
Median Price
$538,128
+8.3%
Average Price
$701,214
+12.0%
Median DOM
51
-19.0%
Pending Data
Pending Units
112
Median Price
$509,435
Average Price
$603,475
Median DOM
46
Inventory Data
Inventory Units
258
-32.3%
Median Price
$569,450
Average Price
$1,209,605
Median DOM
62
Months Supply
3.3
-38.7%
Luxury Threshold
Sarasota County
$1,348,000
+34.8%
Manatee County
$914,750
-8.5%
Single Family Homes
Closed Sales Data
Closed Units
72
+22.0%
Median Price
$580,000
+7.8%
Average Price
$792,853
+17.4%
Median DOM
43
-34.8%
Pending Data
Pending Units
93
Median Price
$560,900
Average Price
$661,226
Median DOM
43
Inventory Data
Inventory Units
207
-33.4%
Median Price
$619,000
Average Price
$1,419,038
Median DOM
60
Months Supply
3.2
-39.8%
Condos, Townhomes, Villas
Closed Sales Data
Closed Units
18
+80.0%
Median Price
$327,050
-0.6%
Average Price
$334,654
-0.7%
Median DOM
62
+67.6%
Pending Data
Pending Units
19
Median Price
$324,584
Average Price
$320,799
Median DOM
54
Inventory Data
Inventory Units
51
-27.1%
Median Price
$312,179
Average Price
$359,555
Median DOM
68
Months Supply
3.6
-33.9%
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Source

Figures in this report are based on data from the My Florida Regional Multiple Listing Service (MLS).

Terms of Use

The information contained in this real estate market report is based on data available at the time of its creation and is provided for general informational purposes only. Certain data may be excluded from these calculations if it is determined to be the result of bulk reporting practices that do not represent the current market conditions. While we strive to ensure the accuracy and reliability of the data, we recommend that individuals independently verify any information before making financial or real estate-related decisions. We are not responsible or liable for any inaccuracies, errors, or omissions in the data provided, or for any actions taken in reliance upon this information.

Zarghami Group | KW Coastal Living III
401 N Cattlemen Road Suite 308
Sarasota, FL 34232
941-241-3622
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