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Cascades of Sarasota Savannah Sonoma University Groves University Park

SARASOTA, FL 34243

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 34243

Cascades of Sarasota · Savannah · Sonoma · University Groves · University Park

Market Analysis

Data as of February 2026. Source: Realtor.com.

The SARASOTA, FL real estate market (34243) currently shows 320 active listings, with 77 pending sales. Homes are averaging 82 days on the market before going under contract.

Inventory has tightened compared to last year, with 43 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 82 days on market compared to 70 days last year.

The median listing price has fallen 7.9% year-over-year, from $437,875 to $403,125.

Whether you are buying or selling in SARASOTA, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 31,656  ·  Density: 680.1/mi²  ·  Median household income: $77,236

Typical home value: $365,829  ·  Homeownership: 77.9%

Market Overview

Active Listings
320
⇩ 11.8% vs 363 last year
Pending
77
24% pending ratio
Median Price
$403,125
⇩ 7.9% vs $437,875 last year
Average Price
$493,859
⇩ 0.3% vs $495,408 last year
Days on Market
82
⇧ 17.1% vs 70 days last year

Price Per Square Foot

Median $/sqft
$250
⇩ 6.7% vs $268/sqft last year
Median Home Size
1,698 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 320 this year vs 363 last year
  • Days on market: 82 now vs 70 last year

Median & Average Pricing

Year over Year
  • Median: $403,125 (-7.9% YoY)
  • Average: $493,859 (-0.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.1 miles — 3,253 listings ($2,210,406,841 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
34243Sarasota, FL 342430.0 mi299$142,448,384$409,990$476,416
34203Bradenton, FL 342033.1 mi252$103,470,444$398,000$410,597
34235Sarasota, FL 342354.0 mi174$66,013,338$324,999$379,387
34237Sarasota, FL 342374.6 mi117$60,193,926$359,000$514,478
34208Bradenton, FL 342085.9 mi214$123,518,446$411,750$577,189
34239Sarasota, FL 342396.3 mi214$391,396,798$1,092,500$1,828,957
34205Bradenton, FL 342056.6 mi222$74,223,924$274,950$334,342
34202Bradenton, FL 342028.3 mi322$350,348,880$752,500$1,088,040
34222Ellenton, FL 342229.2 mi52$29,301,636$482,450$563,493
34209Bradenton, FL 342099.5 mi416$227,695,936$385,000$547,346
34211Bradenton, FL 342119.8 mi530$379,793,760$575,000$716,592
34215Cortez, FL 3421510.8 mi28$35,404,376$1,362,500$1,264,442
34221Palmetto, FL 3422112.1 mi413$226,596,993$404,999$548,661

Frequently Asked Questions

How many homes are for sale in SARASOTA, FL 34243?

As of February 2026, there are 320 active listings in SARASOTA, FL (zip code 34243), compared to 363 the prior year.

What is the median home price in SARASOTA, FL 34243?

The median listing price in SARASOTA, FL 34243 is $403,125 as of February 2026, a 7.9% decrease from $437,875 the prior year.

How long do homes stay on the market in SARASOTA, FL?

Homes in SARASOTA, FL 34243 spend an average of 82 days on the market before going under contract, compared to 70 days the prior year.

Is it a seller's or buyer's market in SARASOTA, FL 34243?

Based on current inventory and days-on-market data as of February 2026, SARASOTA, FL 34243 is currently a Balanced Market. Inventory has tightened compared to last year, with 43 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 82 days on market compared to 70 days last year.

How much can I save on real estate commission in SARASOTA, FL?

With SELL123.com's maximum 3% commission, sellers in SARASOTA, FL 34243 save an estimated $8,063 compared to a typical 5% commission on the median listing price of $403,125. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.