Is Sarasota, FL 34243 a buyer’s or seller’s market?

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

Sarasota is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score18/ 100

More competitive than 11% of U.S. ZIP codes, and #442 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 supply4.2Under 4 months = seller’s market
Sold above original list7.5%Share of sales, last 3 months
Median sale-to-list96.7%Sold price ÷ list price
Median days on market73Listing to accepted offer
Median price per sq ft$238▲ +2.9% vs. last year

The Sarasota housing market right now

In the three months ending August 31, 2026, 8% of homes in Sarasota, FL 34243 sold above their list price, the typical home went under contract in 73 days and there were 4.2 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 164 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 5%, homes sold more slowly (60 days then) and the median sale price fell 2% to $395,829. Overall, Sarasota is about as competitive as it was a year ago.

Within Manatee County, homes here sell more slowly than in 61% of the county’s ZIP codes, and sell more often over asking than in 56%. On our competition score, Sarasota ranks #442 of 796 FL ZIP codes with enough sales (score 18 out of 100).

Nearby, buyers who want less competition could look at Myakka City 34251 (0% sold over asking) or Ellenton 34222 (0% sold over asking), while Terra Ceia 34250 (100% sold over asking) and Bradenton 34207 (16% sold over asking) are even more competitive.

Nearby markets

Anna Maria 34216Buyer’s market $964 /sq ftBradenton 34201Balanced $271 /sq ftBradenton 34202Seller’s market $303 /sq ftBradenton 34203Seller’s market $215 /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 4.2 months of supply in Sarasota, FL 34243 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 73 days in the latest three months.

Do homes in Sarasota sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 96.7% of the list price.

What are property taxes in Sarasota?

About 0.78% of a home’s value a year in Manatee County, or roughly $3,120 on a $400,000 home.

What is the median home price in Sarasota?

The median sale price was $395,829 in the three months ending August 31, 2026, about $238 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