Downtown Sarasota

With 188 active listings and roughly 20 closed sales a month (trailing 12 months), Downtown Sarasota has about 9.6 months of supply — a buyer's market (under 5 favors sellers, over 7 favors buyers).

Single-family homes sell around $885,000 ($563/sq ft), while condos, villas and townhouses sell around $1,200,000 ($716/sq ft).

Active listings run from $260,000 to $14,450,000, with a median asking price of $1,939,500.

Recently sold homes took a median 86 days on market and closed at 86.6% of original list price (trailing 90 days).

Of 56 active waterfront listings, 25 include a private dock; bay- and canal-front homes with a dock and lift command a clear premium over those without.

The median monthly condo fee is $1,886 and the median monthly association fee is $1,810.

As of October 25, 2026, the median list price for active downtown Sarasota residences is $1,939,500, with a median sold price of $1,100,000 across the most recent closed sales. The market spans from entry-level condos to ultra-luxury penthouses in buildings such as AQUA on Golden Gate Point. Data sourced from Stellar MLS via PostGIS-verified geographic boundaries (Rosemary District excluded).

The median price per square foot for active downtown Sarasota listings is $938 as of October 25, 2026. Bayfront and Golden Gate Point penthouses regularly exceed $1,500/sqft, while interior-facing units in older mid-rise buildings trade well below the median.

There are currently 188 active downtown Sarasota listings, with 67 under contract (pending) and 47 closed sales recorded in recent months. The active inventory is concentrated in high-rise towers along the bayfront and Main Street corridor, with the balance in mid-rise and low-rise buildings.

The median days on market for sold downtown Sarasota condos is approximately 86 days as of October 25, 2026. The current sale-to-list ratio is 86.6%, meaning sellers are typically accepting offers below their original asking price — a softness signal that gives qualified buyers room to negotiate, particularly on older inventory.

The median monthly condo fee for downtown Sarasota properties is approximately $1,886, with median total monthly association costs of $1,810, as of October 25, 2026. High-end buildings with concierge service, pools, fitness centers, and bay views (such as AQUA, The Tower Residences, and BLVD Sarasota) trend higher, often $3,000+ per month for larger residences. Older mid-rise buildings carry meaningfully lower fees.

As of October 25, 2026, downtown Sarasota shows a sale-to-list ratio of 86.6%, a median 86 days on market, and 188 active listings against 47 recent closed sales. 82 of the active listings are post-2020 construction, and that volume of new product delivering simultaneously contributes to elevated absorption time — especially in the $1.5M–$3M segment, where 45 active listings compete.

Approximately 82 of 188 active downtown Sarasota listings are new construction built in 2020 or later. The downtown skyline is in an active building cycle, with major projects including The Owen, The Edge, Ritz-Carlton Residences, Epoch, and Rosewood Residences delivering or pre-selling. This is the largest concentration of new luxury condo construction on Florida's Gulf Coast.

Between $1.5M and $3M, current downtown Sarasota inventory includes 45 active listings — typically larger 2- and 3-bedroom condos with bay views, mid-floor units in landmark buildings, or new-construction residences in pre-completion projects. Below that, 42 active listings sit under $900k and 37 fall in the $900k–$1.5M band. Above $3M there are 64 active listings, the highest concentration being penthouse and bayfront units.