Sarasota & Manatee County Real Estate Market – August 2026

Here’s a look at the Sarasota & Manatee Counties’ real estate market for August 2026. According to statistics from the REALTOR® Association of Sarasota and Manatee, both counties continued to experience solid sales activity and declining inventory levels, while price trends and market pace varied between housing segments.

August 2026 brought continued strength to Sarasota County’s single-family home market. The median sale price dropped to $470,000, a 1.1% decrease from $475,000 a year ago. Meanwhile, the average sale price dipped to $670,413—down 1.9% year-over-year—reflecting a slight change in higher-end sales activity throughout the county.

Sales activity remained stable overall, with 646 closed sales recorded in August, below last year’s 641 transactions. At the same time, inventory continued to contract significantly, with active listings falling to 2,619 homes—a 20.8% decline compared to August 2025.

August 2026 showed continued momentum in Manatee County’s single-family housing market. The median sale price increased to $495,000, rising 5.9% from $467,640 last year. The average sale price also posted a drop, lowering to $663.878—a decrease of 0.3% year-over-year—indicating continued demand in upper-tier segments of the market.

Buyer activity declined slightly during the month, with 687 closed sales completed in August, representing a 5.7% increase over the 650 sales recorded a year earlier. Inventory levels, however, continued to move lower, as active listings declined to 2,616 homes, down 7% year-over-year.

The condo and townhouse market produced mixed pricing trends across Sarasota and Manatee counties in August 2026. In Sarasota County, the median sale price rose slightly to $310,000 up 3.3% from last year, while the average sale price rose 4.7% to $441,558. These figures suggest some drastic changes in pricing within the condo segment.

Manatee County’s condo and townhouse market showed similar pricing movement. The median sale price rose to $307,000, an increase of 5.4% year-over-year, while the average sale price came in at $372,591, up by 5% compared to last year.

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Sales activity strengthened notably in both counties. Sarasota County recorded 281 closed condo and townhouse sales, up 13.8% from last year, while Manatee County posted 241 sales, reflecting a 20.5% increase year-over-year.

For buyers, August 2026 continues to present a competitive environment across both Sarasota and Manatee counties, particularly as inventory levels remain below balanced-market conditions.

In Sarasota County, new single-family listings rose 3.5% year-over-year to 762 homes, adding fresh inventory entering the market. Manatee County experienced a decrease in new listings, with 735 homes coming to market—down 3.7% compared to last year. The number of available homes may create fresh competition in desirable neighborhoods and price ranges.

Cash purchases remain another important factor shaping buyer competition. Sarasota County recorded 646 cash sales in the single-family market during August, while Manatee County posted 687 cash transactions. In the condo and townhouse segment, Sarasota County saw 281 cash sales and Manatee County reported 241 cash purchases, highlighting the continued presence of well-funded buyers across the region.

Overall, buyers are entering a market where inventory remains limited and competition continues in many segments. Preparation, flexibility, and strong financing—or cash purchasing power—remain important advantages when navigating today’s market conditions.

For sellers, August 2026 continues to reflect a market that remains favorable overall, though conditions are becoming more balanced compared to the rapid pace seen in previous years.

In the single-family market, Sarasota County sellers received a median of 94.7% of original list price, while Manatee County sellers received 95.6%. Condo and townhouse sellers saw slightly lower figures, with Sarasota County at 91.6% and Manatee County at 93.4%, suggesting buyers are negotiating more carefully in attached-home segments.

Homes are also continuing to spend more time on the market. Sarasota County single-family homes took a median of 47 days to reach contract and 91 days to close, while Manatee County homes averaged 45 days to contract and 95 days to sale.

These trends indicate that while sellers still benefit from reduced inventory and healthy buyer activity, pricing strategy and property presentation are becoming increasingly important. Buyers are taking more time to evaluate options and negotiate terms, making realistic pricing and market readiness key components for a successful sale.

See Additional Reports on the Sarasota County & Manatee County Real Estate Market

Here are the most recent home listings just added to the database in the average sale price range for Sarasota County. All homes are priced at $670,413 or less.

Here are the most recent home listings just added to the database in the average sale price range for Manatee County. All homes are priced at $663,878 or less.