THE ZARGHAMI REPORT

SARASOTA’S MOST CURRENT AND RELEVANT REAL ESTATE MARKET INFORMATION

South Sarasota County Market Report

JULY 2026

Market data for properties in south Sarasota County.
Updated August 5, 2026

Highlights

  • South Sarasota County remained active as sales held steady and inventory declined sharply from one year ago.
  • Median pricing increased modestly, while the average price edged lower, pointing to a shift in the mix of homes sold.
  • Buyers had fewer homes to choose from, reducing some of the leverage available during summer 2025.
  • Homes sold faster, showing that demand was absorbing inventory more efficiently.
  • Conditions moved from balanced toward slightly seller-leaning, although buyers remained selective.

Market Conditions

South Sarasota County strengthened in July 2026 as inventory fell and homes sold faster, while sales volume remained nearly unchanged.

Closed sales increased slightly from 556 in July 2025 to 558 in July 2026. Active inventory dropped from 2,702 homes to 1,980, a decline of 27%. Months of supply fell from 4.7 months to 3.2 months.

That reduction in supply changed the balance of the market. Buyers still had choices, but they faced substantially less inventory than they did one year earlier. Sellers, in turn, competed against fewer comparable listings.

With 3.2 months of supply, South Sarasota County was tighter than Sarasota County overall, which had 3.8 months. Conditions were balanced to slightly seller-leaning, particularly for homes that were priced correctly and presented well.

Pricing Trends

Pricing results were mixed, suggesting that the types of homes sold had an important effect on the monthly figures.

The median sale price increased 1%, from $375,000 in July 2025 to $380,000 in July 2026. The average sale price declined slightly, from $462,000 to $456,000.

The stable median indicates that the middle of the market held its value. The lower average may reflect fewer high-priced closings or a greater share of sales in lower-priced communities.

Because the median and average moved in different directions, the data does not support a conclusion of broad appreciation or decline. Conditions varied across Venice, North Port, Englewood, Nokomis, and surrounding communities, where housing type, age, location, and condition can produce large pricing differences.

Inventory Trends

The sharp decline in inventory was the most important change in South Sarasota County. Active listings fell by 722 homes from July 2025.

Months of supply dropped to 3.2 months, placing the area near the seller-leaning side of the balanced range. This was also well below the 4.7 months recorded one year earlier.

The reduction in supply meant buyers had fewer alternatives, especially in popular price ranges. However, the market was not experiencing the severe shortage seen during 2021 and 2022.

Inventory conditions also differed by city. Venice and North Venice had 2.7 months of supply, Nokomis had 2.8 months, and Englewood had 2.9 months. North Port remained less tight at 4.4 months.

Market Pace

Homes sold more quickly in July 2026. Median days on market declined from 69 days to 56 days.

The faster pace, combined with lower inventory, shows that available listings were being absorbed more efficiently. Buyers remained selective, but they were moving sooner when a home was priced in line with current conditions.

Sales volume was nearly flat, so the improvement came primarily from reduced supply rather than a surge in demand. Even so, shorter market times gave sellers a better environment than they faced one year earlier.

Homes that needed significant updates or entered the market above comparable sales could still take longer to sell. Condition and pricing remained major factors in determining market time.

What This Means for Buyers

Buyers still have options, but the decline in inventory means the strongest listings may attract faster attention. Negotiating opportunities remain, particularly for homes with longer market times or deferred maintenance, but buyers should not assume every seller faces the same pressure. Local comparisons are essential because conditions vary significantly between Venice, North Port, Englewood, and Nokomis.

What This Means for Sellers

Sellers face less competition and a faster market than they did in July 2025. Stable median pricing also provides a firmer foundation for correctly positioned homes. However, buyers remain price-sensitive, so careful preparation and realistic pricing are still necessary to avoid extended market time.
Combined Market Data
Closed Sales Data
Closed Units
558
+0.4%
Median Price
$380,000
+1.3%
Average Price
$455,942
-1.3%
Median DOM
56
-18.8%
Pending Data
Pending Units
730
Median Price
$389,450
Average Price
$492,883
Median DOM
57
Inventory Data
Inventory Units
1,980
-26.7%
Median Price
$389,650
Average Price
$566,682
Median DOM
61
Months Supply
3.2
-31.9%
Luxury Threshold
Sarasota County
$1,300,000
+35.4%
Manatee County
$925,000
-3.6%
Single Family Homes
Closed Sales Data
Closed Units
432
-2.7%
Median Price
$421,500
+4.7%
Average Price
$500,808
-0.7%
Median DOM
48
-28.4%
Pending Data
Pending Units
579
Median Price
$419,000
Average Price
$535,713
Median DOM
49
Inventory Data
Inventory Units
1,474
-27.5%
Median Price
$424,950
Average Price
$641,949
Median DOM
57
Months Supply
3.1
-31.1%
Condos, Townhomes, Villas
Closed Sales Data
Closed Units
126
+12.5%
Median Price
$287,500
-4.2%
Average Price
$302,118
+3.3%
Median DOM
76
+5.6%
Pending Data
Pending Units
151
Median Price
$310,000
Average Price
$328,657
Median DOM
80
Inventory Data
Inventory Units
506
-24.3%
Median Price
$310,000
Average Price
$347,424
Median DOM
70
Months Supply
3.3
-34.5%
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THE ZARGHAMI REPORT

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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