Sarasota County’s single-family home market posted solid gains across nearly every measure in July 2026. Closed sales edged up 2.9% year-over-year to 744 transactions, while new pending sales rose a more robust 6.6% to 724, pointing to healthy buyer demand and a solid pipeline of deals moving toward closing in the coming months. New listings also grew 9.6% to 789, indicating sellers remained active and willing to bring homes to market.
Pricing showed steadier upward movement here than in some neighboring markets, with the median sale price climbing 5.0% year-over-year to $493,500. At the same time, active inventory contracted sharply, falling 23% to 2,736 homes, a substantial supply pullback that, paired with rising prices and sales, suggests the market tightened noticeably compared to a year ago.
The most striking shift was in how buyers are financing their purchases: cash sales as a share of closed sales fell to 33.6%, down markedly from 37.8% a year ago. While cash buyers still account for roughly a third of all closed transactions, the decline suggests financed buyers are re-entering the market in greater numbers, likely aided by the combination of tightening supply and continued price appreciation drawing more traditional buyers back in. The infographic above from Florida Realtors contains more.