As new listings in the luxury tier ease and demand remains strong, sales activity again exceeded prior year. Motivated affluent buyers are prepared to act faster on distinctive and exceptional properties in prime locations and are leveraging their financial flexibility for quicker closings.
Year-to-date, pending sales have grown 36% over last year in the higher priced segment. With those closings coming over the next 30-60 days, we will continue to see sales besting prior year.
Sellers will be happy to know that the stabilizing inventory is helping prices to inch up. And while available inventory is softening in all price points, days on market has remained steady over the past two years, and original list price-to-sale price ratios have stayed consistent for the last four years.
With the traditional peak season in Sarasota behind us, fewer new listings is not uncommon as would-be sellers are now working to prepare their properties for the busier fall and winter months. New listings in virtually every price point fell by double-digits in April. However, it is important to know that the number of visitors to Sarasota in July is typically very close to those in the month of February. For motivated sellers with quality properties, now is a good time to speak with your realtor about optimal listing timing.
There continues to be great demand from high-net-worth retirees, affluent professionals, and lifestyle buyers. Sarasota’s exceptional cultural and culinary offerings, waterfront resort-style living, and year-round active community and events will continue to drive market growth.
In the current dynamic real estate market, engaging a seasoned agent or broker with both local and global connections, as well as strong advocacy skills, offers significant advantages. Having served clients in The Sarasota Real Estate Market for over 40 years and carefully analyzing our business conditions, I have developed essential insight to assist both buyers and sellers in achieving their objectives.
Please reach out if you are considering selling your property or buying another – it would be my pleasure to meet with you to discuss your plans. With an understanding of the realities, the ability to evaluate and guide client expectations, and expert management in negotiating the purchase or sale of a home or condo, I ensure that your objectives are realized.
Below is a snapshot using data compiled from the Florida Association of Realtors showing April 2026 existing property market activity over $1,000,000 compared to prior year:
And now for my statistical report on the April Sarasota Real Estate Market activity:
Sales
- Total market dollar volume this in April was $907.3 million which increased by $164.8 million from a year ago.
- The number of properties sold in April was 1,269, 77 more than a year ago. The monthly average for properties sold this year is 1,087. The monthly average in 2025 was 957, 2024 it was 912 and in 2023 was 953.
- Florida’s single-family sales increased 2.4% from last year, and condo sales were 6.9% above last year.
- U.S. sales of single-family homes were nearly equal to prior year and condos were up 2.7%.
- Of the closed sales in April, 180 were over $1,000,000 – with single family luxury property sales increasing more than 40% from April 2025. In 2025 the monthly average was 116, 2024 the monthly average was 124, and during 2023 the average was 126 sales.
- Florida homes sold for more than $1 million were 15.2% higher than April 2025 and condos closed at over $1 million rose 33.5%.
- In April 1,282 listings went to a pending contract, an increase of 233 transactions from a year ago. Year to date there has been an average of 1,297 pending sales per month. There was an average of 771 monthly pending transactions in 2025, 860 in 2024, and 1,159 per month in 2023.
- Florida’s single-family pending sales increased 8% and condominiums rose 14.7% compared to last year.
- U.S. pending sales in April were just 3.2% ahead of a year ago.
Prices
- Single-family homes were sold at a median price of $490,000, a 4.4% increase over prior year. The average monthly median price for 2025 was $473,000, in 2024 $505,500, and in 2023 $510,000.
- In April, Florida median price for single-family homes was $420,000, a 1.8% increase over last year.
- The national median price for existing homes grew only 1% to $422,300.
- The Sarasota condominium median sale price was $337,500. The average monthly median price for condominiums sold in 2025 was $331,000, in 2024 $382,000, and 2023 $388,000.
- The median price for a Florida condominium in April was $315,000, equal to one year prior.
- U.S. median condominium price grew 1.1% to $374,100
- Sarasota houses sold on average for $815,000 for the month. The annual monthly average was $685,000 last year, $715,000 in 2024, and $695,000 in 2023.
- Condominiums sold for an average price of $530,000 last month. The annual monthly average was $510,000 in 2025, $729,000 in 2024 and $622,500 in 2023.
Inventory
- Currently there are 5,558 properties for sale in Sarasota. At the beginning of this year there were 5,442 listings for sale, 4,426 in 2024 and 2,431 in 2023.
- The Sarasota market had 1,489 new listings in the past month. The market averaged 1,131 new listings monthly last year, 1,391 in 2024, and 1,318 in 2023..
- Current inventory results in 4.7 months of single-family homes for sale in Sarasota and 7.7 months’ supply of condominiums.
- Florida currently has 4.7 months of single-family inventory and 8.9 month’s supply of condominiums.
- U.S. inventory of existing single-family homes has grown 5.6%, and condo inventory was 25.7% less than a year ago.
