Is Sarasota, FL 34234 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Sarasota is a buyer’s market. With about 6.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score13/ 100

More competitive than 7% of U.S. ZIP codes, and #571 of 796 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply6.5Under 4 months = seller’s market
Sold above original list10.2%Share of sales, last 3 months
Median sale-to-list94.4%Sold price ÷ list price
Median days on market66Listing to accepted offer
Median price per sq ft$246▼ −1.7% vs. last year

The Sarasota housing market right now

In the three months ending August 31, 2026, 10% of homes in Sarasota, FL 34234 sold above their list price, the typical home went under contract in 66 days and there were 6.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 61 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold faster (69 days then) and the median sale price rose 6% to $334,855. Overall, Sarasota is less competitive than a year ago, which gives buyers more room.

Within Sarasota County, homes here sell faster than in 52% of the county’s ZIP codes, and sell more often over asking than in 87%. On our competition score, Sarasota ranks #571 of 796 FL ZIP codes with enough sales (score 13 out of 100).

Nearby, buyers who want less competition could look at Englewood 34223 (2% sold over asking) or Sarasota 34240 (2% sold over asking).

Nearby markets

Englewood 34223Seller’s market $291 /sq ftLongboat Key 34228Balanced $575 /sq ftNokomis 34275Seller’s market $250 /sq ftNorth Port 34286Balanced $198 /sq ft Browse all markets →

Where Sarasota is

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Questions about Sarasota real estate

Is Sarasota a buyer’s or seller’s market?

A buyer’s market: there were 6.5 months of supply in Sarasota, FL 34234 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Sarasota?

The typical home went under contract in 66 days in the latest three months.

Do homes in Sarasota sell over asking?

10% of homes sold above their original list price, and the typical sale closed at 94.4% of the list price.

What are property taxes in Sarasota?

About 0.75% of a home’s value a year in Sarasota County, or roughly $3,000 on a $400,000 home.

What is the median home price in Sarasota?

The median sale price was $334,855 in the three months ending August 31, 2026, about $246 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology