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SARASOTA, FL 34240

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 (34240) currently shows 260 active listings, with 86 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 62 days on market compared to 55 days last year.

The median listing price has risen 6.2% year-over-year, from $924,900 to $982,000.

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: 14,400  ·  Density: 83.6/mi²  ·  Median household income: $120,581

Typical home value: $530,652  ·  Homeownership: 87.8%

Market Overview

Active Listings
260
⇩ 7.1% vs 280 last year
Pending
86
33% pending ratio
Median Price
$982,000
⇧ 6.2% vs $924,900 last year
Average Price
$1,340,680
⇧ 5.2% vs $1,274,003 last year
Days on Market
62
⇧ 12.7% vs 55 days last year

Price Per Square Foot

Median $/sqft
$389
⇩ 0.8% vs $392/sqft last year
Median Home Size
2,656 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 260 this year vs 280 last year
  • Days on market: 62 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $982,000 (+6.2% YoY)
  • Average: $1,340,680 (+5.2% 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 16.6 miles — 3,940 listings ($5,300,106,899 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
34240Sarasota, FL 342400.0 mi273$345,462,663$915,750$1,265,431
34241Sarasota, FL 342416.5 mi229$188,445,932$560,000$822,908
34211Bradenton, FL 342117.6 mi623$419,081,509$556,208$672,683
34201Bradenton, FL 342018.3 mi86$74,393,440$728,000$865,040
34237Sarasota, FL 3423710.0 mi128$65,294,336$346,411$510,112
34239Sarasota, FL 3423910.7 mi235$494,486,295$1,022,500$2,104,197
34251Myakka City, FL 3425111.3 mi46$69,699,752$1,185,000$1,515,212
34243Sarasota, FL 3424311.6 mi320$158,034,880$403,125$493,859
34236Sarasota, FL 3423612.7 mi646$1,749,701,982$1,598,000$2,708,517
34242Sarasota, FL 3424212.8 mi498$1,133,686,542$1,162,500$2,276,479
34275Nokomis, FL 3427513.8 mi418$416,712,560$562,250$996,920
34207Bradenton, FL 3420715.5 mi184$52,897,976$156,500$287,489
34292Venice, FL 3429216.6 mi254$132,209,032$373,950$520,508

Frequently Asked Questions

How many homes are for sale in SARASOTA, FL 34240?

As of March 2026, there are 260 active listings in SARASOTA, FL (zip code 34240), compared to 280 the prior year.

What is the median home price in SARASOTA, FL 34240?

The median listing price in SARASOTA, FL 34240 is $982,000 as of March 2026, a 6.2% increase from $924,900 the prior year.

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

Homes in SARASOTA, FL 34240 spend an average of 62 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in SARASOTA, FL 34240?

Based on current inventory and days-on-market data as of March 2026, SARASOTA, FL 34240 is currently a Balanced Market. Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 62 days on market compared to 55 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 34240 save an estimated $19,640 compared to a typical 5% commission on the median listing price of $982,000. 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.