Is Sarasota, FL 34235 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Sarasota is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score22/ 100

More competitive than 16% of U.S. ZIP codes, and #345 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 supply5.1Under 4 months = seller’s market
Sold above original list7.3%Share of sales, last 3 months
Median sale-to-list95.4%Sold price ÷ list price
Median days on market37Listing to accepted offer
Median price per sq ft$218▼ −2.9% vs. last year

The Sarasota housing market right now

In the three months ending August 31, 2026, 7% of homes in Sarasota, FL 34235 sold above their list price, the typical home went under contract in 37 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 84 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 4%, homes sold about as fast and the median sale price fell 7% to $326,859. Overall, Sarasota is more competitive than a year ago, so tougher for buyers.

Within Sarasota County, homes here sell faster than in 96% of the county’s ZIP codes, and sell more often over asking than in 65%. On our competition score, Sarasota ranks #345 of 796 FL ZIP codes with enough sales (score 22 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), while Sarasota 34232 (11% sold over asking) and Sarasota 34233 (11% sold over asking) are even more competitive.

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 balanced market: there were 5.1 months of supply in Sarasota, FL 34235 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 37 days in the latest three months.

Do homes in Sarasota sell over asking?

7% of homes sold above their original list price, and the typical sale closed at 95.4% 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 $326,859 in the three months ending August 31, 2026, about $218 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