May 2026 Sarasota County Real Estate Market Report: Buyers Gaining Power?

What if single-family inventory in Sarasota just dropped 26.8% year-over-year… yet luxury sales surged 28% and buyers are starting to gain more negotiating power?

In this May 2026 Sarasota County real estate market report, I break down the brand-new April 2026 numbers from the REALTOR® Association of Sarasota and Manatee and show you exactly what they mean for buyers and sellers right now.

Single-Family Homes in Sarasota County – April 2026

• Active Inventory: 3,258 homes — down 26.8% from April 2025
• Months of Supply: 4.7 months
• Closed Sales: 824 — holding steady
• Median Days to Contract: 46 days
• Median Sale Price: $490,000 — up 4.3% year-over-year

Condos & Townhomes in Sarasota County – April 2026

• Closed Sales: 445 — up 18.7% from April 2025
• Active Inventory: ~2,300 units
• Months of Supply: 7.7 months
• Median Days to Contract: 67 days
• Median Sale Price: $337,500 — essentially flat year-over-year

Luxury Homes Over $1 Million – April 2026

• Closed Sales: 180 — up 28% from April 2025
• Active Inventory: 1,250 properties — down 4.9% year-over-year
• Months of Supply: 10.1 months
• Median Time to Contract: 64 days
• Percent of Original List Price: 90.6%
• Median Sale Price: $1,862,500 — up 16.4% year-over-year

Buyer & Seller Strategies Right Now

For Buyers: More opportunities exist, especially in the condo segment where you have stronger negotiating leverage.

For Sellers: Realistic pricing and excellent presentation are more important than ever.

Download the Full Report + Next Steps

📄 DOWNLOAD THE FULL MAY 2026 MARKET REPORT

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