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September Real Estate Update: Siesta Key Homes

Welcome to the September Real Estate Update for homes on Siesta Key, reflecting market activity from August 2026.

August showed a mix of changes in the Siesta Key single-family home market. Active listings and new listings were lower than they were a year ago, while pending sales increased. Sale prices showed some of the biggest changes, with both the average and median sale prices higher than August 2025.

August Market Snapshot

Active Listings: 104 — August 2025: 144 | down 27.8%
Pending Sales: 22 — August 2025: 18 | up 22.2%
Closed Sales: 11 — August 2025: 11 | no change
New Listings: 15 — August 2025: 20 | down 25.0%
Average Sale Price: $2,348,582 — August 2025: $1,716,364 | up 36.8%
Median Sale Price: $2,250,000 — August 2025: $1,100,000 | up 104.5%

What Do These Numbers Tell Us?

The number of homes available for sale on Siesta Key was 27.8% lower than a year ago, while new listings were also down 25%. Pending sales showed an increase as well, with 22 homes going under contract compared with 18 in August 2025.

The most noticeable changes were in the sale prices. The average sale price increased 36.8%, while the median sale price more than doubled, increasing 104.5% from $1.1 million to $2.25 million.

With only 11 closed sales during the month, the mix of homes that sold can have a significant impact on the average and median prices. A single month’s statistics don’t necessarily reflect a broad change in property values, but they do provide an interesting snapshot of the market’s activity.

I’ll continue tracking these numbers each month to give you a clearer picture of the Siesta Key real estate market over time.

Thinking about buying or selling a home on Siesta Key? Let’s talk about what the current market numbers mean for you.

Sarasota & Manatee Housing Market Shows More Activity as Inventory Tightens

The August 2026 housing market reinforced the shift toward tighter and more active conditions across Sarasota and Manatee counties. Sales and pending activity improved across every major segment while available inventory continued to decline, helping homes move through the market more quickly and giving well-positioned sellers somewhat more leverage.

Even with the broader improvement, conditions remain highly dependent on location, property type and price point. Buyers continue to evaluate value carefully, while sellers benefit most when homes are priced and positioned for current conditions. Buyers and sellers should work with a REALTOR® who can interpret hyper-local data, assess current competition and develop a strategy based on the factors affecting a specific property.

Monthly reports are provided by Florida Realtors® with data compiled from Stellar MLS

Presented by: Larry Brzostek, CRS, CLHMS, ABR
RE/MAX Alliance Group, Sarasota, FL

August 2026 Real Estate Update: Siesta Key Homes

Here’s your August Real Estate Update for homes on Siesta Key, reflecting market activity from July 2026.

The July numbers show some encouraging signs for sellers, with pending sales, closed sales, and new listings all higher than they were a year ago. At the same time, the number of active listings has declined significantly, creating a tighter supply of available homes.

July Market Snapshot

  • Active Listings: 115 — down 26.3% year over year
  • Pending Sales: 21 — up 23.5% year over year
  • Closed Sales: 14 — up 21.4% year over year
  • New Listings: 17 — up 30.8% year over year
  • Average Sale Price: $1,501,441 — down 4.1% year over year
  • Median Sale Price: $1,350,000 — up 5.9% year over year

What Do These Numbers Tell Us?

The Siesta Key single-family home market showed increased activity in July, with more homes going under contract and closing compared with the same period last year. New listings were also up, giving buyers more opportunities to choose from.

While the average sale price declined 4.1%, the median sale price increased 5.9%, suggesting that the typical Siesta Key home that sold in July commanded a higher price than it did a year ago.

With active inventory down more than 26% from last year, Siesta Key remains a market worth watching for both buyers and sellers.

I’ll continue to track the numbers each month so you can see how the Siesta Key real estate market is changing.

Thinking about buying or selling on Siesta Key? Let’s talk about what the current market means for you

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