June 2026 Real Estate Market Report: Trends in Sarasota and Manatee Counties

The REALTOR® Association of Sarasota and Manatee (RASM) has released its June 2026 real estate market report, showing broad-based sales growth, sharply tightening inventory and a widening gap between single-family and condo pricing trends across Sarasota and Manatee counties.

Closed sales increased year-over-year in all four major market segments, with gains ranging from 11.2 percent to 26.2 percent. New pending sales also increased across every county and property type, indicating that buyer demand accelerated heading into the peak of summer.

At the same time, active inventory declined by double digits in all four segments, ranging from a 12.1 percent decline in Sarasota County condos to a 27.4 percent decline in Sarasota County single-family homes. Months supply fell considerably from June 2025 in every segment, pushing both single-family markets down to 4.1 months, further below the level traditionally associated with a balanced market. Condo and townhome buyers continued to have more options, although available supply also tightened substantially in that segment.

Prices told two different stories depending on property type rather than county. Median single-family prices climbed in both Sarasota and Manatee counties, while median condo and townhome prices declined in both counties. Sellers also closed the gap with their original asking prices, with the median percent of original list price received rising year-over-year in three of the four segments, a sign that competition for well-priced homes has intensified.

“June was one of the clearest signals yet that buyers who had been waiting on the sidelines are moving forward,” said David Crawford, 2026 RASM President and Broker/Owner of Catalist Realty. “Sales grew across every segment we track, and sellers who priced their homes appropriately were rewarded with faster contracts and stronger offers. At the same time, the growing divide between single-family and condo pricing shows just how important it is to understand the dynamics of each property type before making a decision.”

Key Trends in Sarasota/Manatee June 2026:

• Sales Growth Accelerated: Closed sales rose across all four market segments, led by a substantial increase in Manatee County single-family homes. New pending sales also increased in every segment, led by a strong jump in Sarasota County condos, pointing to continued momentum ahead.
• Inventory Tightened Further: Active listings decreased across every county and property type for the second consecutive month. The largest decline occurred in Sarasota County’s single-family market, pushing months supply to its lowest level in years.
• Prices Diverged by Property Type: Median single-family prices rose in both Sarasota and Manatee counties, while median condo and townhome prices fell in both counties. This underscores the importance of viewing single-family homes and condos as distinct markets rather than relying on one overall regional trend.

Single-Family

In Sarasota County, 805 single-family homes sold in June, an increase of 15.2 percent compared to June 2025. The median sale price increased 8.2 percent to $492,450, while the average sale price rose 5.7 percent to $732,527. Cash purchases represented 39.0 percent of closed sales, up from 35.8 percent a year earlier. Sellers received a median of 94.4 percent of their original list price, compared to 92.2 percent one year earlier.

Buyer activity remained strong, with new pending sales increasing 4.1 percent to 686, while new listings declined 6.5 percent, contributing to the continued drop in available inventory.

Active listings fell 27.4 percent to 2,870 homes, reducing months supply from 6.3 months in June 2025 to 4.1 months in June 2026. Homes spent a median of 47 days on the market before going under contract and 89 days from listing to closing, both notably shorter than last year.

In Manatee County, single-family closed sales increased 26.2 percent to 890 transactions, the largest year-over-year gain of any segment this month. The median sale price rose 11.4 percent to $490,000, while the average sale price increased 11.2 percent to $648,560. Cash sales represented 25.2 percent of closed sales, down from 28.9 percent a year earlier. Sellers received a median of 95.8 percent of their original list price, up from 94.3 percent in June 2025.

New pending sales increased 22.8 percent to 716, providing a positive indicator for future closings. New listings rose 4.9 percent to 831.

Active inventory fell 15.3 percent to 2,706 homes, while months supply declined from 5.2 months to 4.1 months. Properties spent a median of 45 days on the market before going under contract and approximately 99 days from listing to closing, both shorter than one year ago.

Growth in Manatee County was broad-based across price points. Sales between $800,000 and $899,999 more than doubled, increasing 116.0 percent, while sales between $2 million and $2.99 million increased 162.5 percent and sales between $3 million and $4.99 million increased 166.7 percent.

Townhomes and Condos

The Sarasota County condo and townhome market recorded 364 closed sales in June, an increase of 25.5 percent year-over-year. The median sale price declined 7.5 percent to $343,750, while the average sale price edged down 1.0 percent to $571,877. Cash buyers accounted for 59.1 percent of sales, down from 67.2 percent a year earlier. Sellers received a median of 92.0 percent of their original list price, up from 89.7 percent in June 2025.

New pending sales increased 27.4 percent to 307, while new listings rose 14.0 percent to 359. Active inventory decreased 12.1 percent to 1,959 units. Months supply declined from 8.3 months to 6.3 months, although the segment continued to offer buyers more selection than the single-family market.

Properties spent a median of 71 days on the market before going under contract, nearly unchanged from 72 days last year, and approximately 109 days from listing to closing, five days faster than a year ago.

Higher-priced condo and townhome activity increased considerably. Sarasota County recorded 45 sales of $1 million or more, an increase of 50.0 percent. Sales between $1.25 million and $1.49 million nearly tripled, increasing 175.0 percent, and sales between $2 million and $2.99 million more than doubled, increasing 140.0 percent.

In Manatee County, condo and townhome sales increased 11.2 percent to 259 transactions. The median sale price declined slightly, down 0.9 percent to $310,000, while the average sale price rose 4.7 percent to $349,674. Cash purchases represented 50.2 percent of closed sales, up from 46.4 percent a year earlier. Sellers received a median of 92.1 percent of their original list price, nearly unchanged from the previous year.

New pending sales increased 15.8 percent to 242, while new listings rose 4.6 percent to 271. Active inventory fell 18.2 percent to 1,327 units, lowering months supply to 5.7 months.

Properties spent a median of 84 days on the market before going under contract, up from 68 days last year, and approximately 123 days from listing to closing, both notably longer than a year ago.

Summary

The June 2026 housing market was defined by across-the-board sales growth, tightening inventory and a clear divergence in pricing between single-family homes and condos. Single-family supply tightened further in both counties, while condo and townhome buyers continued to have more selection despite that supply also declining. Median single-family prices rose in both counties even as median condo and townhome prices fell, and rising average prices across most segments show that upper-price transactions continue to shape overall market activity.

These differences reinforce the importance of reviewing housing conditions at the neighborhood, property-type and price-point levels. Buyers and sellers should work with a REALTOR® who can interpret hyper-local data, evaluate current competition and develop a strategy based on the conditions affecting a specific property.

Monthly reports are provided by Florida Realtors® with data compiled from Stellar MLS. For comprehensive statistics dating back to 2015, visit www.MyRASM.com/statistics.