Sarasota Bradenton Housing Market Report: June & Q2 2026 Home Prices, Sales & Inventory

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Covering the North Port-Sarasota-Bradenton MSA — including Sarasota, Bradenton, Venice, Siesta Key, Longboat Key, Englewood, Palmer Ranch, Lakewood Ranch, and West of Trail — Single-Family Homes and Townhouses/Condos

If you've been wondering whether our local market is heating back up or just catching its breath, the June and Q2 2026 numbers from Florida Realtors give a pretty clear answer: sales are surging, prices are firming up, and inventory is finally starting to shrink. Here's what buyers and sellers in Sarasota, Bradenton, Venice, and everywhere in between need to know.

One important note on the data: these are closed sales — properties that actually sold, at prices buyers and appraisers agreed were fair. They reflect homes priced at true market value, not the aspirational, overreaching list prices you sometimes see sit stale on the market for months. In fact, the data backs this up directly: single-family sellers received a median of 95.0% of their original list price in June, and condo sellers received 92.0% — both figures trending up year-over-year. That tells you sellers who price realistically are transacting, and transacting close to ask. If your home has been sitting, aspirational pricing — not "a slow market" — is very likely the reason why.

Sarasota Bradenton Home Sales: Q2 2026 Closed Sales Surge

Single-family homes across Sarasota, Bradenton, and Venice had their strongest Quarter in years:

4,850 single-family homes closed in Q2 2026, up 8.6% from Q2 2025
Q2 2026 single-family home sales in the North Port-Sarasota-Bradenton MSA: closed sales up 8.6% year-over-year, median price up 4.3% to $480,000, and inventory down 22% — a market tightening in sellers' favor.
2,034 condos/townhouses closed in Q2 2026, up 14.4% year-over-year
Q2 2026 condo and townhouse sales in the North Port-Sarasota-Bradenton MSA: closed sales up 14.4% year-over-year, median price holding steady at $324,000, while inventory eased 14.7% — a market still favoring buyers, but tightening.

This isn't a one-month blip — Q2 marks four straight months (March through June) of double-digit year-over-year gains in single-family closings. Buyers who sat on the sidelines through 2024 and 2025 are clearly coming back to the table.

Sarasota Home Prices June 2026: Single-Family Firming, Condos Flat

Single-family median sale price: $490,000 in June, up 9.3% year-over-year — the strongest annual price growth we've seen in this segment in some time
Condo/townhouse median sale price: $328,000 in June, essentially flat (-0.1%) year-over-year, though dollar volume in the segment jumped 21.8% on higher sales volume.

The takeaway: single-family sellers in Sarasota, Bradenton, and Lakewood Ranch are regaining some pricing power, while the Siesta Key and Longboat Key condo market is still working through its inventory overhang and staying price-stable rather than appreciating.

Sarasota Bradenton Housing Inventory Trends: Supply Is Finally Shrinking

This is the real story underneath the sales numbers. After two years of inventory piling up across Sarasota, Bradenton, and Venice, supply is now contracting in both segments:

Single-family inventory: 5,576 active listings, down 22.0% from June 2025
Condo/townhouse inventory: 3,286 active listings, down 14.7% from June 2025
Single-family months of supply: 4.1 months, down from 5.7 a year ago — moving back toward a seller's market (5.5 months is considered balanced)
Condo months of supply: 6.1 months, down from 7.9 — still a buyer's market, but tightening

Days on Market in Sarasota Bradenton: Homes Are Selling Faster

Median time to contract for single-family homes: 46 days, down 22.0% from 59 days a year ago
Median time to contract for condos: 75 days, actually up 7.1% from last June — the condo segment is still slower to move

Cash Buyers in the Sarasota Bradenton Market: Still Active, Less Dominant in Condos

Single-family cash sales made up 31.7% of closings in June, down slightly from 32.3% last year
Condo cash sales dropped more noticeably to 55.4% of closings, down from 57.9% — still more than half, but easing

Sarasota Luxury Real Estate Market: Million-Dollar Sales Are Booming

If you're active in luxury real estate across Longboat Key, Siesta Key, and West of Trail, June was a standout month:

Single-family homes over $1M: 220 closings, up 38.4% year-over-year
The $2M–$3M single-family band nearly tripled: 51 sales, up 218.8%
Condos over $1M: 48 closings, up 37.1%

For Q2 as a whole, single-family sales over $1M totaled 658 transactions, up 25.8% year-over-year — with the $5M–$10M+ tier up 83–500%, albeit off small numbers.

Sarasota Bradenton New Listings & Pending Home Sales: Steady Demand, Cautious Sellers

New pending sales (a leading indicator of future closings) are up solidly:

Single-family new pending sales: 1,402 in June, up 12.9%
Condo new pending sales: 549 in June, up 22.0%

Meanwhile, new listings are roughly flat to slightly down (single-family -0.8%, condos +9.8%), which is exactly why inventory keeps shrinking — demand is outpacing the rate at which new homes are hitting the market.

What This Means

For buyers: Single-family competition is intensifying — faster contract times and rising prices mean less room to negotiate than a year ago, particularly in the sub-$1M range where inventory is contracting fastest. Condos still offer more leverage, longer timelines, and flat pricing.

For sellers: If you're in single-family, especially in the $400K–$1M+ range, conditions are turning in your favor for the first time in a couple of years. Condo sellers should still expect a longer runway to contract and should price realistically — the market hasn't turned the corner on appreciation there yet.

For investors: The luxury and ultra-luxury single-family segments are showing the fastest growth in both volume and price, worth watching closely for the back half of 2026.

Frequently Asked Questions: Sarasota Bradenton Housing Market

Is Sarasota-Bradenton a buyer's or seller's market in 2026? Single-family homes are approaching a seller's market (4.1 months of supply, versus the 5.5-month balance point), while condos and townhouses remain a buyer's market at 6.1 months of supply.

Are home prices rising in Sarasota and Bradenton? Yes, for single-family homes — the median sale price hit $490,000 in June 2026, up 9.3% year-over-year. Condo/townhouse prices are essentially flat at $328,000.

How long does it take to sell a home in Sarasota-Bradenton right now? Single-family homes are going under contract in a median of 46 days, down sharply from 59 days a year ago. Condos are taking longer, at 75 days to contract.

Is now a good time to sell a home in the Sarasota-Bradenton area? For single-family sellers pricing at true market value, yes — sellers are receiving a median of 95% of original list price and homes are moving faster than last year. Condo sellers should expect a longer timeline.

Data source: Florida Realtors®, compiled from MLS feeds for the North Port-Sarasota-Bradenton MSA. June 2026 and Q2 2026 reports released July 17, 2026.