Downtown Sarasota Real Estate Listings & Homes for Sale

In June 2025, Downtown Sarasota’s housing market showed strong price growth, with home prices up 15.0% year-over-year to a median of $1.1M, reflecting continued demand for high-value properties. Homes are selling faster, averaging 67 days on the market compared to 87 days last year, indicating more motivated buyers. However, total sales dropped to 33 homes from 55 last year, suggesting that while prices are rising, fewer transactions are occurring, possibly due to limited inventory or buyers becoming more selective at higher price points.

Downtown Sarasota is not very competitive, with homes typically taking around 67 days to sell and averaging about 8% below list price, giving buyers substantial negotiating leverage. Multiple offers are uncommon, and even hot homes—those in desirable locations or priced attractively—generally sell for around 4% below asking and go pending in about 39 days. This slower pace and pricing flexibility make it a favorable market for buyers seeking high-value properties at reduced prices.

Downtown Sarasota is a buyer’s market in June 2025, meaning there are more homes available than buyers actively purchasing. This excess supply gives buyers a strong advantage, with greater negotiating power, more options to choose from, and the likelihood of securing properties below asking price. Sellers may need to adjust pricing or offer concessions to attract interest, making it an opportune time for buyers to explore deals on high-value properties in this desirable area.