In August 2026, the median home sale price in Sarasota (34240), FL was $895,900, with homes selling in an average of 94 days — slower than the 84-day average last year, suggesting buyers have more negotiating room. A total of 635 homes sold in this period, up from 595 last year — a sign of an active market.
The median list price of condos/co-ops in Sarasota (34240), FL, was $387,450 in August 2026, compared to $484,994 in August 2025.
Sarasota (34240), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Sarasota (34240), FL, was $975,000 in August 2026, compared to $740,000 in August 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 August 2026, compared to $3,000,000 in August 2025.
Sarasota (34240), FL Housing Market Analysis
There are currently 162 homes listed for sale in Sarasota (34240), FL, a decrease of 8.99% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $1,147,610 (down 4.63% year-over-year), and the average price per square foot is $348 compared to $338 in 2025. Properties spend an average of 104 days on the market before going under contract.
