NewsSarasota MagazineJune 18, 2026Sarasota County
Sarasota and Manatee Housing Market Update: May 2026
Real estate activity in Sarasota and Manatee counties increased in May 2026 as buyers remained active later into the season than in previous years. Despite rising sales, the number of homes available for sale continued to decrease across all major market segments.
Read the full story at Sarasota MagazineWhy It Matters
Residents looking to buy or sell property in Sarasota or Manatee counties face a tightening inventory and shifting price trends that impact the time and cost required to complete a real estate transaction.
Key Facts
- Sarasota County single-family closed sales rose 7.2% to 845, with a median price of $475,000.
- Manatee County single-family closed sales remained nearly flat at 782, with a median price of $460,000.
- Sarasota County condo/townhome sales rose 8.5% to 371, with a median price of $336,829.
- Manatee County condo/townhome sales rose 8.7% to 288, with a median price of $297,000.
- Active single-family listings in Sarasota County fell 25.2% to 3,099 homes.
- Active single-family listings in Manatee County fell 11.8% to 2,832 homes.
- Both counties ended May with 4.4 months of single-family housing supply.
- Sarasota County condo/townhome supply dropped to 7.1 months; Manatee County dropped to 6.3 months.
- Transactions for condos/townhomes under $200,000 in Manatee County increased by 94%.
- Sarasota single-family sellers received a median of 94.2% of original list price; Manatee sellers received 95.4%.
- Sarasota condo/townhome sellers received 91.2% of list price; Manatee sellers received 93.2%.
- Median time to contract for Sarasota single-family homes was 50 days; Manatee was 47 days.
Who's Mentioned
organizationMichael Saunders & Co.“Real estate firm employing Lynn Morris.”organizationRealtor Association of Sarasota and Manatee“Source of the monthly housing market report.”personLynn Morris“Local realtor with Michael Saunders & Co. providing market analysis.”locationSarasota County“Primary geographic area of the report.”locationManatee County“Primary geographic area of the report.”