THE ZARGHAMI REPORT

SARASOTA’S MOST CURRENT AND RELEVANT REAL ESTATE MARKET INFORMATION

Central Sarasota Market Report

JUNE 2026

Market data for properties in northern Sarasota County between Tamiami Trail and I-75.
Updated July 6, 2026

Highlights

  • Central Sarasota 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 moved back toward balance, giving buyers fewer choices than they had last year.
  • Homes took slightly longer to sell, showing that buyers remained selective despite stronger sales activity.
  • Sellers faced less competition, but pricing had to reflect current buyer expectations.

Market Conditions

Central Sarasota moved into a more balanced position in June 2026. Sales activity improved and inventory declined, which helped reduce the buyer leverage that was present last year. The market was not especially tight, but it was healthier than it was in June 2025.

Closed sales increased to 279, up from 242 one year earlier. That gain shows stronger buyer activity in one of Sarasota County’s larger inland submarkets. Active inventory fell to 1,064 homes, down from 1,324 in June 2025. As a result, months of supply declined from 5.4 months to 4.1 months.

A 4.1-month supply level points to balanced conditions with some seller support, especially when sales are rising. Central Sarasota was slightly tighter than Sarasota County overall, which had 4.2 months of supply. Even so, buyers still had enough choice to compare homes carefully, especially when pricing or condition did not match the market.

Pricing Trends

Pricing was softer in Central Sarasota compared with last year. The median sale price fell to $389,000, down from $400,000 in June 2025. Because the median reflects the middle of the market, this suggests some pressure on typical sale prices.

The average sale price also declined, falling to $452,000 from $481,000 one year earlier. Since both the median and average price moved lower, the pricing trend appears broader than a simple sales-mix issue. That does not mean every home lost value, but it does show that buyers were more price-sensitive in this part of the market.

Central Sarasota remains a more attainable area than many coastal and luxury Sarasota markets. That value position can support demand, but it also means buyers often compare homes closely on condition, updates, insurance costs, fees, and monthly affordability.

Inventory Trends

Inventory declined meaningfully from last year, improving the balance of the market. Active listings dropped from 1,324 in June 2025 to 1,064 in June 2026. That reduction gave sellers less direct competition and helped absorb some of the supply that had built up.

Months of supply fell from 5.4 months to 4.1 months. This shift moved Central Sarasota from a more buyer-leaning position closer to balance. It also placed the area in line with Sarasota County overall.

Even with lower inventory, supply was not scarce. Buyers still had enough options to be selective, especially across similar neighborhoods or price bands. For sellers, the lower inventory was helpful, but it did not remove the need to price accurately.

Market Pace

The pace of the Central Sarasota market was mixed. Sales improved, but median days on market increased to 50 days, up from 45 days last June. This shows that buyers were active, but they were taking slightly more time before making decisions.

That combination matters. More homes sold, but they did not necessarily sell faster. Buyers appeared willing to move forward when value was clear, but they were not rushing across the entire market.

Compared with Sarasota County’s 54-day median, Central Sarasota still moved slightly faster than the county overall. This suggests steady demand, but not urgency. Well-priced homes could compete effectively, while overpriced homes risked longer market times.

What This Means for Buyers

Central Sarasota buyers had fewer choices than they did last year, but pricing trends gave them reason to stay disciplined. The market was more balanced, not overheated, so buyers could compare options and negotiate when a home was overpriced or needed work. Strong listings still deserved timely attention, especially in desirable neighborhoods and price ranges.

What This Means for Sellers

Central Sarasota sellers benefited from lower inventory and stronger sales activity, but softer pricing made strategy important. Buyers were still cautious, and homes needed to show clear value. Sellers should focus on accurate pricing, strong preparation, and realistic expectations about condition, updates, and competition.
Combined Market Data
Closed Sales Data
Closed Units
279
+15.3%
Median Price
$389,140
-2.7%
Average Price
$451,955
-6.0%
Median DOM
50
+11.1%
Pending Data
Pending Units
383
Median Price
$450,000
Average Price
$525,323
Median DOM
36
Inventory Data
Inventory Units
1,064
-19.6%
Median Price
$368,500
Average Price
$508,849
Median DOM
56
Months Supply
4.1
-22.8%
Luxury Threshold
Sarasota County
$1,348,000
+34.8%
Manatee County
$914,750
-8.5%
Single Family Homes
Closed Sales Data
Closed Units
171
+5.6%
Median Price
$480,000
+1.6%
Average Price
$556,339
-2.0%
Median DOM
41
+28.1%
Pending Data
Pending Units
185
Median Price
$475,000
Average Price
$561,421
Median DOM
34
Inventory Data
Inventory Units
530
-24.1%
Median Price
$575,000
Average Price
$733,802
Median DOM
49
Months Supply
3.4
-23.6%
Condos, Townhomes, Villas
Closed Sales Data
Closed Units
108
+35.0%
Median Price
$282,450
-6.6%
Average Price
$286,682
-5.9%
Median DOM
80
+14.3%
Pending Data
Pending Units
198
Median Price
$425,000
Average Price
$491,595
Median DOM
38
Inventory Data
Inventory Units
534
-14.7%
Median Price
$269,000
Average Price
$285,582
Median DOM
63
Months Supply
5.3
-24.2%
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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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