In July 2026, the median home sale price in Sarasota (34240), FL was $875,000, with homes selling in an average of 96 days — slower than the 83-day average last year, suggesting buyers have more negotiating room. A total of 644 homes sold in this period, up from 590 last year — a sign of an active market.
The median list price of condos/co-ops in Sarasota (34240), FL, was $395,000 in July 2026, compared to $464,999 in July 2025.
Sarasota (34240), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Sarasota (34240), FL, was $987,500 in July 2026, compared to $740,000 in July 2025.
Sarasota (34240), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Sarasota (34240), FL, was $575,000 in July 2026, compared to $1,737,500 in July 2025.
Sarasota (34240), FL Housing Market Analysis
There are currently 153 homes listed for sale in Sarasota (34240), FL, a decrease of 18.18% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $1,212,804 (up 3.72% year-over-year), and the average price per square foot is $358 compared to $339 in 2025. Properties spend an average of 108 days on the market before going under contract.