THE ZARGHAMI REPORT

SARASOTA’S MOST CURRENT AND RELEVANT REAL ESTATE MARKET INFORMATION

Parrish Market Report

JULY 2026

Market data for properties with a Parrish address.
Updated August 5, 2026

Highlights

  • Parrish remained active as sales increased, but rising inventory gave buyers more choices than one year ago.
  • Median and average prices both declined, showing continued price pressure despite steady demand.
  • Months of supply remained low enough to prevent a clearly buyer-favored market.
  • Homes took slightly longer to sell, suggesting buyers were becoming more selective.
  • Conditions were balanced to slightly seller-leaning, but competition from new construction limited seller leverage.

Market Conditions

Parrish remained one of North Manatee County’s most active growth markets in July 2026. Sales increased modestly, but inventory also expanded and prices moved lower.

Closed sales rose from 191 in July 2025 to 196 in July 2026, an increase of 3%. Active inventory increased from 681 homes to 793, a gain of 16%. Months of supply declined slightly from 3.3 months to 3.0 months.

These figures point to balanced to slightly seller-leaning conditions. Demand remained strong enough to absorb a growing number of listings, but buyers also benefited from a wider selection of homes.

Parrish was slightly tighter than Manatee County overall, which had 3.6 months of supply. However, the increase in active inventory and lower pricing show that sellers did not hold broad negotiating power.

Pricing Trends

Both major price measures declined, indicating broader price pressure across the market.

The median sale price fell 6%, from $417,000 in July 2025 to $390,000 in July 2026. The average sale price declined 7%, from $471,000 to $438,000.

Because the median and average moved in the same direction, the change appears broader than a simple shift in the mix of homes sold. Buyers were active, but they were purchasing at lower price points than they did one year earlier.

New construction likely played an important role. Parrish has a large number of developing communities, and builders can offer rate buydowns, closing-cost assistance, upgrades, and inventory-home discounts. These incentives can place pressure on resale pricing even when demand remains healthy.

Inventory Trends

Active inventory increased by 112 homes from July 2025. That gave buyers more options and increased competition among sellers.

Even with the rise in listings, months of supply declined from 3.3 to 3.0 months. This suggests that demand remained strong enough to keep inventory from becoming excessive.

The difference between rising active inventory and stable months of supply reflects Parrish’s continued growth. More homes are entering the market, but buyers are still absorbing them at a relatively steady pace.

Sellers should pay close attention to both resale competition and builder inventory. A nearby new home with financing incentives may influence buyer decisions even when its listed price is higher.

Market Pace

Homes took slightly longer to sell in July 2026. Median days on market increased from 43 days to 48 days.

The five-day increase was modest, but it shows that buyers were taking more time despite steady sales. Parrish’s pace was nearly identical to Manatee County’s 49-day median.

The market remained active, but buyers were not acting with broad urgency. They had more communities, builders, floor plans, and resale homes to compare.

Well-priced listings could still sell within several weeks, while homes that did not account for builder incentives or competing inventory were more likely to remain on the market.

What This Means for Buyers

Buyers have more choices and should compare resale homes carefully with new construction. Builder incentives, financing offers, community fees, lot premiums, and upgrade costs can materially change the true value of a purchase. Strong listings may still move within several weeks, but buyers generally have room to evaluate their options.

What This Means for Sellers

Sellers face steady demand, but rising inventory and lower prices create a more competitive environment. Pricing should account for nearby resale listings and builder incentives, not just recent closed sales. Strong preparation and a clear value advantage are important for attracting buyers.
Combined Market Data
Closed Sales Data
Closed Units
196
+2.6%
Median Price
$389,950
-6.5%
Average Price
$437,651
-7.0%
Median DOM
48
+11.6%
Pending Data
Pending Units
355
Median Price
$389,879
Average Price
$448,460
Median DOM
43
Inventory Data
Inventory Units
793
+16.4%
Median Price
$420,000
Average Price
$490,298
Median DOM
47
Months Supply
3.0
-8.9%
Luxury Threshold
Sarasota County
$1,300,000
+35.4%
Manatee County
$925,000
-3.6%
Single Family Homes
Closed Sales Data
Closed Units
177
+5.4%
Median Price
$395,000
-8.5%
Average Price
$449,620
-9.1%
Median DOM
57
+18.8%
Pending Data
Pending Units
321
Median Price
$408,830
Average Price
$465,298
Median DOM
47
Inventory Data
Inventory Units
743
+21.4%
Median Price
$428,470
Average Price
$501,668
Median DOM
47
Months Supply
3.2
-8.5%
Condos, Townhomes, Villas
Closed Sales Data
Closed Units
19
-17.4%
Median Price
$346,196
+21.5%
Average Price
$326,145
+9.8%
Median DOM
7
-63.2%
Pending Data
Pending Units
34
Median Price
$281,500
Average Price
$289,494
Median DOM
31
Inventory Data
Inventory Units
50
-27.5%
Median Price
$330,477
Average Price
$321,342
Median DOM
45
Months Supply
1.8
-25.8%
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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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