THE ZARGHAMI REPORT

SARASOTA’S MOST CURRENT AND RELEVANT REAL ESTATE MARKET INFORMATION

Venice & North Venice Market Report

JUNE 2026

Market data for properties with a Venice or North Venice address.
Updated July 6, 2026

Highlights

  • Venice & North Venice improved from last year as sales increased and inventory declined.
  • Pricing softened, with both the median and average sale price below June 2025 levels.
  • Supply tightened sharply, moving the market into a seller-leaning range despite softer pricing.
  • Homes sold faster than they did last June, showing better buyer response to well-positioned listings.
  • Sellers had a stronger supply environment, but buyers remained disciplined on price and value.

Market Conditions

Venice & North Venice moved into a more balanced to seller-leaning position in June 2026. The market improved because sales increased, inventory declined, and months of supply fell to one of the tighter levels in Sarasota County. This gave sellers a better foundation than they had one year earlier.

Closed sales rose to 262 in June 2026, up from 222 in June 2025. That increase shows stronger completed buyer activity across the Venice and North Venice market. Active inventory fell to 900 homes, down from 1,283 one year earlier. With more homes selling and fewer listings available, months of supply dropped from 5.2 months to 3.1 months.

That 3.1-month supply level was tighter than Sarasota County overall, which had 4.2 months of supply. On supply and sales activity, Venice & North Venice leaned more favorable for sellers than the broader county market. Still, softer pricing showed that buyers remained value-conscious and were not pushing prices higher across the board.

Pricing Trends

Pricing softened in Venice & North Venice in June. The median sale price fell to $390,000, down from $400,000 one year earlier. Because the median reflects the middle of the market, this points to mild pressure on typical closed-sale pricing.

The average sale price also declined, falling to $459,000 from $483,000 in June 2025. Since both the median and average price moved lower, the pricing trend appears broader than a simple shift caused by one or two sales. This does not mean every home lost value, but it does show that buyers were careful about what they were willing to pay.

Venice & North Venice includes a mix of established neighborhoods, newer communities, coastal-influenced properties, and active-adult housing. Monthly pricing can be affected by the mix of homes that sell, but the June data points to a market where lower supply improved conditions without creating broad upward pricing pressure.

Inventory Trends

Inventory declined significantly from last year, which changed the balance of the market. Active listings fell from 1,283 in June 2025 to 900 in June 2026. That gave buyers fewer choices and reduced the amount of direct competition sellers faced.

Months of supply dropped from 5.2 months to 3.1 months. This moved Venice & North Venice from a more balanced to buyer-leaning position into a more seller-supported range. A supply level near 3 months usually means well-priced homes have a better chance of attracting timely buyer interest.

Even with tighter supply, the market was not uniformly strong for sellers. Buyers still compared homes carefully based on price, condition, age, fees, insurance costs, community amenities, and proximity to the coast or newer development. Lower inventory helped sellers, but it did not erase buyer selectivity.

Market Pace

The market pace improved in June. Median days on market fell to 56 days, down from 66 days one year earlier. Homes were still taking longer to sell than they did during the fastest years of the market, but the improvement shows better buyer engagement.

The stronger pace was supported by higher sales and lower inventory. More homes sold, fewer homes were available, and the typical home moved faster than it did last June. Together, those trends point to healthier absorption.

Compared with Sarasota County overall, Venice & North Venice moved at a similar pace. The countywide median was 54 days, while Venice & North Venice was 56 days. That suggests steady, normal demand rather than an overheated market.

What This Means for Buyers

Venice & North Venice buyers had fewer choices than they did last year, so well-priced homes required more timely decisions. Softer pricing gave buyers reason to remain disciplined, especially when comparing condition, community fees, insurance exposure, and total monthly cost. The market offered less leverage than it did in 2025, but buyers still had room to evaluate value carefully.

What This Means for Sellers

Venice & North Venice sellers had a more supportive market in June 2026, with higher sales, lower inventory, and faster market times. Softer pricing meant sellers could not assume tighter supply would automatically produce higher offers. Accurate pricing, strong preparation, and a clear value position remained essential for attracting serious buyers.
Combined Market Data
Closed Sales Data
Closed Units
262
+18.0%
Median Price
$390,000
-2.5%
Average Price
$459,274
-4.9%
Median DOM
56
-15.2%
Pending Data
Pending Units
312
Median Price
$400,000
Average Price
$472,062
Median DOM
62
Inventory Data
Inventory Units
900
-29.9%
Median Price
$423,930
Average Price
$533,809
Median DOM
58
Months Supply
3.1
-39.1%
Luxury Threshold
Sarasota County
$1,348,000
+34.8%
Manatee County
$914,750
-8.5%
Single Family Homes
Closed Sales Data
Closed Units
181
+24.0%
Median Price
$460,000
+3.0%
Average Price
$521,916
-4.8%
Median DOM
53
-20.9%
Pending Data
Pending Units
205
Median Price
$499,000
Average Price
$551,685
Median DOM
48
Inventory Data
Inventory Units
506
-33.9%
Median Price
$515,000
Average Price
$664,319
Median DOM
50
Months Supply
2.8
-41.4%
Condos, Townhomes, Villas
Closed Sales Data
Closed Units
81
+6.6%
Median Price
$317,000
+9.4%
Average Price
$319,297
-10.9%
Median DOM
61
-1.6%
Pending Data
Pending Units
107
Median Price
$319,000
Average Price
$319,512
Median DOM
86
Inventory Data
Inventory Units
394
-23.8%
Median Price
$325,000
Average Price
$366,199
Median DOM
67
Months Supply
3.8
-36.4%
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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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