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Real Estate Market Trends and Analytics in Sarasota (34240), FL

In June 2026, the median home sale price in Sarasota (34240), FL was $869,945, with homes selling in an average of 96 days — slower than the 82-day average last year, suggesting buyers have more negotiating room. A total of 634 homes sold in this period, up from 576 last year — a sign of an active market.
View all properties for sale in Sarasota (34240), FL

Sarasota (34240), FL Market Trend

Median List Price
The median list price of Sarasota (34240), FL, was $849,950 in June 2026, compared to $857,500 in June 2025.

Sarasota (34240), FL Market Trend for Houses

Median List Price
The median list price of houses in Sarasota (34240), FL, was $949,000 in June 2026, compared to $949,999 in June 2025.

Sarasota (34240), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Sarasota (34240), FL, was $382,450 in June 2026, compared to $484,994 in June 2025.

Sarasota (34240), FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Sarasota (34240), FL, was $850,000 in June 2026, compared to $740,000 in June 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 June 2026, compared to $550,000 in June 2025.

Sarasota (34240), FL Housing Market Analysis

There are currently 162 homes listed for sale in Sarasota (34240), FL, a decrease of 23.58% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $1,167,574 (up 3.56% year-over-year), and the average price per square foot is $348 compared to $331 in 2025. Properties spend an average of 101 days on the market before going under contract.
162
for sale
21
for rent
634
sold
Median Price
$850K
Median SQFT Price
$348
SF Range
1,080 - 9,018 SF
Beds
2 - 6
Avg. Dom
101 days
Year Built
1950 - 2027
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $532K
Median Monthly Mortgage $2K/mo
Median Rent $2K/mo
Homeownership Rate 87.8%
Cost Burden 23.0%

Foreclosure Risk Score

21/100 MODERATE
30-Year Mortgage Rate 6.51%
Local Unemployment 3.7%

Risk score based on economic indicators, lis pendens filings, and census data. Not financial advice.

Data powered by brokerone.io

Properties in Sarasota (34240), FL

New
For Sale
$839,000
House
3 bds · 2 ba · 2,284 sqft
EMERALD LNDG/WATERSIDE, SARASOTA
1578 RUNNING TIDE PLACE
New
For Sale
$525,000
House
2 bds · 2 ba · 1,527 sqft
WINDWARD/LAKEWOOD RANCH PH 2 R, SARASOTA
2321 BLUE MAHOE LANE
New
For Sale
$1,450,000
House
4 bds · 4 ba · 3,897 sqft
SHOREVIEW, SARASOTA
7892 MAINSAIL LANE
New
For Sale
$2,790,000
House
5 bds · 5 ba · 4,828 sqft
THOMASASSA, SARASOTA
2810 SARASOTA GOLF CLUB BOULEVARD
New
For Sale
$789,900
House
4 bds · 3 ba · 3,005 sqft
VILLAGES AT PINETREE MARSH PINE ENCLAVE, SARASOTA
7614 DOUBLE PINE DRIVE
New
For Sale
$1,175,000
House
4 bds · 3 ba · 3,249 sqft
EMERALD LANDING AT WATERSIDE, SARASOTA
1583 RUNNING TIDE PLACE
New
For Sale
$599,900
House
3 bds · 2 ba · 1,810 sqft
LAKEHOUSE COVE/WATERSIDE PH 5, SARASOTA
1099 WATERLINE COURT
New
For Sale
$524,900
House
3 bds · 2 ba · 1,614 sqft
SARASOTA GOLF CLUB COLONY 4, SARASOTA
1964 PAR PLACE

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