Is Sarasota, FL 34241 a buyer’s or seller’s market?

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

Sarasota is a seller’s market. With about 3.6 months of supply and 7% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score20/ 100

More competitive than 14% of U.S. ZIP codes, and #399 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 supply3.6Under 4 months = seller’s market
Sold above original list7.2%Share of sales, last 3 months
Median sale-to-list96.4%Sold price ÷ list price
Median days on market70Listing to accepted offer
Median price per sq ft$267▲ +1.3% vs. last year

The Sarasota housing market right now

In the three months ending August 31, 2026, 7% of homes in Sarasota, FL 34241 sold above their list price, the typical home went under contract in 70 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 200 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 10%, homes sold more slowly (68 days then) and the median sale price fell 5% to $619,482. Overall, Sarasota is less competitive than a year ago, which gives buyers more room.

Within Sarasota County, homes here sell more slowly than in 65% of the county’s ZIP codes, and sell more often over asking than in 61%. On our competition score, Sarasota ranks #399 of 796 FL ZIP codes with enough sales (score 20 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 seller’s market: there were 3.6 months of supply in Sarasota, FL 34241 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 70 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 96.4% 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 $619,482 in the three months ending August 31, 2026, about $267 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