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SARASOTA, FL 34231

Real Estate Market Report  ·  Sarasota County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The SARASOTA, FL real estate market (34231) currently shows 491 active listings, with 175 pending sales. Homes are averaging 75 days on the market before going under contract.

Inventory has tightened compared to last year, with 69 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 75 days on market compared to 64 days last year.

The median listing price has fallen 4.8% year-over-year, from $498,950 to $475,000.

Whether you are buying or selling in SARASOTA, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 32,413  ·  Density: 1,324.6/mi²  ·  Median household income: $67,543

Typical home value: $337,390  ·  Homeownership: 65.6%

Market Overview

Active Listings
491
⇩ 12.3% vs 560 last year
Pending
175
36% pending ratio
Median Price
$475,000
⇩ 4.8% vs $498,950 last year
Average Price
$1,002,538
⇧ 17.5% vs $853,496 last year
Days on Market
75
⇧ 17.2% vs 64 days last year

Price Per Square Foot

Median $/sqft
$312
⇩ 4% vs $325/sqft last year
Median Home Size
1,520 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 491 this year vs 560 last year
  • Days on market: 75 now vs 64 last year

Median & Average Pricing

Year over Year
  • Median: $475,000 (-4.8% YoY)
  • Average: $1,002,538 (+17.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.6 miles — 3,735 listings ($3,054,109,734 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
34231Sarasota, FL 342310.0 mi427$440,240,843$491,250$1,031,009
34233Sarasota, FL 342332.9 mi151$61,637,143$314,750$408,193
34238Sarasota, FL 342383.8 mi386$220,908,958$499,000$572,303
34232Sarasota, FL 342324.9 mi227$90,250,433$330,725$397,579
34229Osprey, FL 342295.6 mi160$209,101,760$837,250$1,306,886
34234Sarasota, FL 342347.5 mi172$283,342,480$450,000$1,647,340
34243Sarasota, FL 342439.4 mi320$158,034,880$403,125$493,859
34275Nokomis, FL 342759.9 mi418$416,712,560$562,250$996,920
34240Sarasota, FL 3424011.4 mi273$345,462,663$915,750$1,265,431
34202Bradenton, FL 3420212.3 mi387$417,533,526$766,000$1,078,898
34285Venice, FL 3428513.1 mi331$179,637,010$370,500$542,710
34208Bradenton, FL 3420815.2 mi224$143,655,232$452,500$641,318
34205Bradenton, FL 3420515.6 mi259$87,592,246$281,225$338,194

Frequently Asked Questions

How many homes are for sale in SARASOTA, FL 34231?

As of March 2026, there are 491 active listings in SARASOTA, FL (zip code 34231), compared to 560 the prior year.

What is the median home price in SARASOTA, FL 34231?

The median listing price in SARASOTA, FL 34231 is $475,000 as of March 2026, a 4.8% decrease from $498,950 the prior year.

How long do homes stay on the market in SARASOTA, FL?

Homes in SARASOTA, FL 34231 spend an average of 75 days on the market before going under contract, compared to 64 days the prior year.

Is it a seller's or buyer's market in SARASOTA, FL 34231?

Based on current inventory and days-on-market data as of March 2026, SARASOTA, FL 34231 is currently a Balanced Market. Inventory has tightened compared to last year, with 69 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 75 days on market compared to 64 days last year.

How much can I save on real estate commission in SARASOTA, FL?

With SELL123.com's maximum 3% commission, sellers in SARASOTA, FL 34231 save an estimated $9,500 compared to a typical 5% commission on the median listing price of $475,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.