Sarasota County’s single‑family home market in January 2026 showed mixed activity: closed sales were essentially flat, rising 0.6% to 523 transactions, while new pending sales jumped 16% to 803, suggesting renewed buyer interest coming prior to the end of our busy season. At the same time, new listings fell sharply 20% to 1,166 and active inventory declined 14% to 3,444, indicating fewer homes coming to market and tighter available supply. The share of cash sales eased to 45.5% from 49.4% a year earlier, pointing to a modest reduction in all‑cash purchases.
Pricing dynamics diverged from activity: the median sale price slipped 7.5% year over year to $490,000, a notable softening that contrasts with the uptick in pending transactions. Taken together, the data paint a market with constrained supply and fewer new listings, some renewed buyer momentum as shown by pending sales, but downward pressure on prices, conditions that could give buyers more negotiating room even as demand shows signs of recovery. The infographic below from Florida Realtors contains more.
