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Cascades of Sarasota Savannah Sonoma University Groves University Park

SARASOTA, FL 34243

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

Neighborhoods in ZIP 34243

Cascades of Sarasota · Savannah · Sonoma · University Groves · University Park

Market Analysis

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

The SARASOTA, FL real estate market (34243) currently shows 317 active listings, with 72 pending sales. Homes are averaging 67 days on the market before going under contract.

Inventory has tightened compared to last year, with 70 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 67 days on market compared to 64 days last year.

The median listing price has fallen 6.9% year-over-year, from $433,000 to $402,955.

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: 31,656  ·  Density: 680.1/mi²  ·  Median household income: $77,236

Typical home value: $365,829  ·  Homeownership: 77.9%

Market Overview

Active Listings
317
⇩ 18.1% vs 387 last year
Pending
72
23% pending ratio
Median Price
$402,955
⇩ 6.9% vs $433,000 last year
Average Price
$492,186
⇩ 2.7% vs $506,048 last year
Days on Market
67
⇧ 4.7% vs 64 days last year

Price Per Square Foot

Median $/sqft
$252
⇩ 4.9% vs $265/sqft last year
Median Home Size
1,730 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 317 this year vs 387 last year
  • Days on market: 67 now vs 64 last year

Median & Average Pricing

Year over Year
  • Median: $402,955 (-6.9% YoY)
  • Average: $492,186 (-2.7% 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 12.1 miles — 3,679 listings ($2,550,952,570 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
34243Sarasota, FL 342430.0 mi320$158,034,880$403,125$493,859
34203Bradenton, FL 342033.1 mi286$116,261,288$398,250$406,508
34235Sarasota, FL 342354.0 mi190$70,994,070$299,975$373,653
34237Sarasota, FL 342374.6 mi128$65,294,336$346,411$510,112
34208Bradenton, FL 342085.9 mi224$143,655,232$452,500$641,318
34239Sarasota, FL 342396.3 mi235$494,486,295$1,022,500$2,104,197
34205Bradenton, FL 342056.6 mi259$87,592,246$281,225$338,194
34202Bradenton, FL 342028.3 mi387$417,533,526$766,000$1,078,898
34222Ellenton, FL 342229.2 mi56$31,051,384$469,000$554,489
34209Bradenton, FL 342099.5 mi465$251,855,160$377,250$541,624
34211Bradenton, FL 342119.8 mi623$419,081,509$556,208$672,683
34215Cortez, FL 3421510.8 mi31$37,809,894$1,162,500$1,219,674
34221Palmetto, FL 3422112.1 mi475$257,302,750$405,500$541,690

Frequently Asked Questions

How many homes are for sale in SARASOTA, FL 34243?

As of March 2026, there are 317 active listings in SARASOTA, FL (zip code 34243), compared to 387 the prior year.

What is the median home price in SARASOTA, FL 34243?

The median listing price in SARASOTA, FL 34243 is $402,955 as of March 2026, a 6.9% decrease from $433,000 the prior year.

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

Homes in SARASOTA, FL 34243 spend an average of 67 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 34243?

Based on current inventory and days-on-market data as of March 2026, SARASOTA, FL 34243 is currently a Balanced Market. Inventory has tightened compared to last year, with 70 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 67 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 34243 save an estimated $8,059 compared to a typical 5% commission on the median listing price of $402,955. 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.