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Sarasota Real Estate Market Report July 2026 | Inventory Falls as Home Sales and Prices Rise
Sarasota home sales continued to climb in July as inventory tightened, prices increased, and luxury real estate activity accelerated across Sarasota County.
The Sarasota real estate market remained active in July 2026, with year-over-year gains in closed sales for both single-family homes and condominiums. At the same time, available inventory continued to decline, giving buyers fewer choices than they had one year ago.
Single-family home sales increased 2.9% year over year, while condo and townhome sales jumped 33.1%. Prices also moved higher in both segments, with the median single-family home price rising to $493,500 and the median condo price increasing to $340,000.
Perhaps the most significant trend, however, is inventory. Sarasota County ended July with 23.4% fewer single-family homes for sale than one year ago, while condo inventory declined 10.9%.
For buyers searching for a waterfront estate, Sarasota golf community home, downtown condominium, or maintenance-free residence, the market is becoming increasingly competitive for desirable, well-priced properties.
Sarasota Luxury Real Estate Surges in July
Sarasota’s luxury market was one of July’s biggest stories.
During July:
- 121 single-family homes sold for $1 million or more, an increase of 39.1% from July 2025.
- 37 homes sold between $1 million and $1.25 million.
- 25 homes sold between $1.25 million and $1.5 million.
- 18 homes sold between $2 million and $3 million.
- 13 homes sold between $3 million and $5 million.
- 4 homes sold between $5 million and $10 million.
- 3 homes sold for $10 million or more.
Luxury condominiums also experienced an exceptional month. 41 condos and townhomes sold for $1 million or more, compared with just 12 during July 2025—a 241.7% year-over-year increase.
At the very top of the market, the highest-priced sale of July was a spectacular Gulf-front estate in Harbor Acres that sold for $17 million. Waterfront living dominated Sarasota’s ultra-luxury market: 100% of the Top 10 highest-priced sales were waterfront properties in coastal areas. This concentration underscores the continued premium buyers place on direct water access, Gulf and bay views, and Sarasota’s most desirable coastal locations.
That higher-end activity contributed to a substantial increase in overall market volume. Single-family dollar volume reached $568.6 million, up 14.8%, while condo and townhome dollar volume climbed to $194.1 million, an increase of 116.5%.
Sarasota continues to appeal to affluent buyers seeking waterfront living, beaches, boating, championship golf, cultural amenities, dining, and year-round recreation.
While Sarasota’s coastal communities remain an important part of the luxury market, its premier golf communities offer another compelling lifestyle option. Communities such as Lakewood Ranch Golf & Country Club, The Founders Club, Laurel Oak Country Club, The Oaks Club, and The Concession combine luxury real estate with private golf, club amenities, and active social lifestyles.
July 2026 Sarasota Single-Family Housing Market
Key Takeaway
The Sarasota single-family home market continued tightening in July.
Although closed sales posted a relatively modest 2.9% year-over-year increase, several other indicators point to strengthening market conditions. The median sale price increased 5%, pending sales rose 6.6%, and homes that ultimately sold went under contract faster than they did one year ago.
Most importantly, active inventory declined 23.4%, pushing months of supply down from 5.6 months in July 2025 to just 3.9 months.
That leaves Sarasota’s single-family market firmly tilted toward sellers, particularly for appropriately priced homes in desirable neighborhoods, waterfront locations, and sought-after golf communities.
July Sarasota Real Estate Market Trends– Condos and Townhomes
Key Takeaway
July’s condominium numbers represent a notable shift from earlier in the year.
Closed sales surged 33.1%, while pending sales increased 27.7%. At the same time, new listings declined 5.3%, helping reduce active inventory by nearly 11%.
Months of supply dropped from 7.5 months in July 2025 to 5.6 months in July 2026, bringing the condo market close to the level generally associated with a balanced housing market.
Prices also strengthened. The median condo sale price increased 13.3% to $340,000, while the average sale price jumped 62.7%, reflecting the unusually strong activity in Sarasota’s luxury condominium market.
One important distinction remains: condos are taking longer to sell. Median time to contract increased to 92 days, compared with 72 days last July. Buyers therefore still have negotiating opportunities, particularly with properties that have been on the market for an extended period.
Five Key Sarasota Real Estate Trends for July 2026
1. Sarasota Housing Inventory Continues to Fall
Inventory may be the most important Sarasota housing market trend to watch.
Compared with July 2025:
- Single-family inventory declined 23.4%
- Condo and townhome inventory declined 10.9%
- Single-family supply dropped to 3.9 months
- Condo supply declined to 5.6 months
This is particularly significant because buyers had substantially more choices just one year ago.
If inventory continues declining while buyer activity remains healthy, competition for the area’s most desirable properties could increase.
2. Sarasota Condo Sales Accelerated Sharply
Condo and townhome sales increased 33.1% year over year, making July another strong month for this segment.
Pending sales were also up 27.7%, suggesting buyer interest remained healthy heading into the remainder of the summer.
At the same time, new listings fell 5.3%.
The combination of rising sales, stronger pending activity, fewer new listings, and declining inventory is worth watching closely as we move toward the fall market.
3. Home Prices Increased in Both Market Segments
Unlike June, when single-family and condominium prices were moving in opposite directions, July brought year-over-year price gains in both categories.
Single-family homes:
$493,500 (+5.0%)
Condos and townhomes:
$340,000 (+13.3%)
The average single-family sale price also increased 11.6% to $764,307, while the condo average climbed 62.7% to $610,513.
The large increase in average condo pricing should be viewed alongside July’s surge in million-dollar condo sales, which significantly influenced the mix of properties sold during the month.
4. Sarasota’s Luxury Market Remains a Major Source of Strength
Luxury real estate continues to play an outsized role in Sarasota’s housing market.
A total of 121 single-family homes sold for $1 million or more during July, up 39.1% from the previous year.
Even more striking was the condominium market, where 41 properties closed above $1 million, representing a 241.7% year-over-year increase.
Luxury buyers continue to place a premium on location and lifestyle—whether that means Gulf and bay views, boating access, proximity to downtown Sarasota, or membership in one of the area’s premier private golf communities.
5. Single-Family Homes Are Selling Faster
The median time to contract for a Sarasota single-family home declined from 63 days to 52 days, a 17.5% improvement from last July.
Median time to sale also dropped from 105 days to 93 days.
That trend, combined with declining inventory and rising prices, reinforces the importance of being prepared when the right property becomes available.
The condo market is different. Condominiums took a median 92 days to go under contract, meaning buyers may have more time and negotiating leverage in this segment despite the recent increase in sales.
Why Sarasota Real Estate Continues to Attract Buyers
Sarasota remains one of Florida’s most desirable lifestyle destinations because buyers don’t have to choose between beaches, boating, golf, culture, dining, and outdoor recreation—they can have access to all of them.
Buyers continue choosing the Sarasota area for:
- Award-winning beaches including Siesta Key, Lido Key, Longboat Key, and Casey Key
- Premier golf communities such as Lakewood Ranch Golf & Country Club, The Founders Club, The Oaks Club, Laurel Oak Country Club, and Concession
- Luxury waterfront homes with boating opportunities
- Downtown Sarasota’s restaurants, shopping, theaters, galleries, and performing arts
- Healthcare and medical facilities
- Florida’s favorable tax climate with no state income tax
- Year-round golf, tennis, pickleball, boating, fishing, and outdoor recreation
- Convenient access through Sarasota-Bradenton International Airport (SRQ)
For golf community buyers in particular, Sarasota and Lakewood Ranch offer a wide range of options—from private equity country clubs to communities where golf membership is optional.
Understanding the membership structure can be just as important as selecting the home itself. Initiation fees, waitlists, membership availability, golf access, amenities, and club culture can vary significantly from one community to another.
Sarasota Real Estate Market Outlook
July’s numbers point to a Sarasota housing market that is becoming tighter as the second half of 2026 progresses.
Several trends stand out:
- Sales remain above last year’s levels.
- Pending sales increased for both property types.
- Single-family and condo prices both increased year over year.
- Inventory declined substantially.
- Luxury sales remain strong.
- Single-family homes that sell are reaching contract faster.
- Condo inventory has moved considerably closer to balanced-market conditions.
The combination of rising demand and declining supply will be particularly important to monitor.
For single-family homes, 3.9 months of inventory indicates a market that currently favors sellers. The condo market, at 5.6 months, is much closer to balance and continues to provide buyers with more negotiating leverage depending on location, condition, pricing, and days on market.
Real estate, however, is highly local. Conditions can differ significantly between downtown Sarasota condos, barrier-island waterfront homes, suburban neighborhoods, and private golf communities.
What This Means for Buyers and Sellers
For Buyers
Sarasota buyers have opportunities, but the market is changing.
With inventory declining and pending sales increasing, buyers should:
- Be financially prepared before beginning their property search.
- Understand market conditions for the specific neighborhood or community they are considering.
- Pay attention to new listings as they hit the market.
- Evaluate days on market and pricing history before making an offer.
- Understand golf membership availability before purchasing in a private golf community.
- Be prepared to move decisively when an exceptional property becomes available.
Condo buyers may still find additional negotiating leverage, especially with properties that have accumulated significant days on market.
For Sellers
July’s numbers are encouraging for Sarasota homeowners considering selling.
Single-family inventory is down more than 23% from last year, prices are higher, and homes that sell are reaching contract faster.
However, today’s buyers remain selective. Pricing a property correctly from the beginning, preparing it properly for market, and presenting it professionally remain critical.
Sellers should also remember that Sarasota is not one homogeneous market. Pricing and buyer demand can differ considerably based on neighborhood, waterfront access, property condition, club membership, view, and proximity to the area’s lifestyle amenities.
Frequently Asked Questions About the Sarasota Housing Market
Is the Sarasota real estate market growing in 2026?
July data showed continued year-over-year growth in sales. Single-family closed sales increased 2.9%, while condo and townhome sales increased 33.1% compared with July 2025. Pending sales also increased in both property categories.
Are Sarasota home prices going up?
In July, yes. The median single-family home price increased 5.0% year over year to $493,500, while the median condo and townhome price increased 13.3% to $340,000.
Is Sarasota currently a buyer’s or seller’s market?
It depends on the property type. Single-family homes had 3.9 months of supply in July, which favors sellers. Condos and townhomes had 5.6 months of supply, placing that segment much closer to a balanced market.
Is Sarasota housing inventory increasing or decreasing?
Inventory is decreasing. Sarasota County had 2,736 single-family homes for sale at the end of July, down 23.4% year over year. Condo and townhome inventory fell 10.9% to 1,782 units.
How is Sarasota’s luxury real estate market performing?
Luxury activity was particularly strong in July. 121 single-family homes sold for $1 million or more, a 39.1% year-over-year increase. Another 41 condos and townhomes sold for at least $1 million, up 241.7%.
Are Sarasota golf communities still in demand?
Golf communities remain an important part of Sarasota’s lifestyle real estate market. Buyers are attracted by championship golf, resort-style amenities, dining, fitness, tennis, pickleball, social activities, and the opportunity to live within an active private-club environment.
The best community depends on more than the home itself. Buyers should also evaluate membership costs, golf availability, waitlists, course access, club culture, amenities, and location before making a decision.
Is now a good time to buy a home in Sarasota?
That depends on the property type and the buyer’s goals. Declining inventory means buyers have fewer choices in many segments, but opportunities remain. Condo buyers may have more negotiating leverage, while buyers targeting highly desirable single-family homes, luxury properties, or golf communities should be prepared to act when the right opportunity becomes available.
Thinking About Buying or Selling in Sarasota?
Whether you’re searching for:
- A luxury waterfront estate
- A home in a private Sarasota golf community
- A Lakewood Ranch golf course home
- A downtown Sarasota condominium
- A maintenance-free villa
- Or you’re preparing to sell your Sarasota property
understanding the market at the neighborhood and community level can make a significant difference.
At NaplesGolfGuy.com, we specialize in Southwest Florida golf and lifestyle real estate, helping buyers evaluate not only the property, but also the golf membership, club amenities, location, and lifestyle that come with it.
For sellers, our experience in golf and lifestyle communities helps position properties for the buyers most likely to appreciate what makes the home and community unique.
Ready to explore Sarasota real estate or find the golf community that best fits your lifestyle? Contact the Naples Golf Guy Team to get started.
Ready to explore Sarasota real estate?
📲 Call or Text: 239-370-0892
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Sarasota Real Estate Market July 2026 – Single Family Homes
About Naples Golf Guy
For expert guidance in Southwest Florida real estate, contact Naples Golf Guy, Matt Klinowski P.A. Whether you’re looking to buy a single-family home or condo in Naples, Bonita Springs, Estero, Ft. Myers or Sarasota I can help. With over 20 years of experience, I offer valuable market information and insights into individual communities to help you find the perfect home and lifestyle in the best golf community to fit your needs. Reach out to me today to get started!
Contact Matt: Matt@NaplesGolfGuy.com or at 239-370-0892
