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Sarasota, FL 34240 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Sarasota, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.04
ActiveActive listings: 102102PendingPending sales: 44
Sarasota, FL: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $679k$679kSoldMedian sold price (last 6 months): $790k$790k
What homes actually sell for in Sarasota, FL
Distribution of 352 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $551k to $1.43M
$375k to $647k: 111 sales111sales$375k$647k to $919k: 71 sales$919k to $1.19M: 28 sales$919k$1.19M to $1.46M: 41 sales$1.46M to $1.73M: 27 sales$1.46M$1.73M to $2.01M: 19 sales$2.01M to $2.28M: 5 sales$2.01M$2.28M to $2.55M: 15 salesMedian $790k

What the numbers say

As of October 26, 2026, Resideline is tracking 102 active listings and 4 pending sales in ZIP code 34240. That pending-to-active ratio of 0.04 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $679,000, while the median of the 352 closed sales Resideline tracked over the last six months was $790,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 34240 for 85 days.

Frequently asked questions

What is the median home price in 34240?

The median closed sale price in Sarasota, FL 34240 was $790,000 over the last six months, based on 352 closed sales tracked by Resideline. The middle half of those sales ranged from $550,990 to $1,430,000.

Is 34240 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 102 active listings in 34240, a pending-to-active ratio of 0.04. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 34240 is currently a slower-moving market.

Nearby ZIP code market data

Full Sarasota, FL housing market report →

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