Data Analysis
Sarasota and Manatee counties had 1,407 homes listed at $1 million or more and 377 under contract or pending on October 29, 2026, while Anna Maria Island ran 12.5 to 1.
Our live Stellar MLS map showed $1M+ new construction at 1.9 listings per contract against 5.3 for resales. Downtown Sarasota condo towers held 101 contracts.
Our live Stellar MLS map showed 1,407 homes listed at $1 million or more in Sarasota and Manatee counties on October 29, 2026, and 377 in a contract, about 3.7 to 1. That is close to the 3.5 to 1 ratio for homes under $1 million. The two halves of the luxury market moved very differently. New construction at $1 million and up ran at 1.9 to 1, with 343 active and 178 in a contract, while resales ran at 5.3 to 1. On Anna Maria Island, 150 homes were listed at $1 million or more and 12 were in a contract, about 12.5 to 1. All figures are ours, computed from Stellar MLS records; information is deemed reliable but not guaranteed.
This piece covers the $1 million tier only. Our October 27 roundup of Sarasota-Manatee new-home communities covers the builder pipeline, and completed-month figures are in our Sarasota median price, Sarasota days on market and Sarasota closed sales articles. The full series sits on the Sarasota market data hub.
How many $1 million homes are for sale in Sarasota and Manatee?
Sarasota County held most of the tier, with 915 active listings at $1 million or more and 253 in a contract, about 3.6 to 1, at a median asking price of $2,100,000. Manatee County had 492 active and 124 in a contract, about 4.0 to 1, at a median asking price of $1,662,500. Across both counties, 430 of the 1,407 active listings had been on the market 180 days or more, and 108 had been listed a year or more.
| List price band | Active | Under contract or pending | Active per contract | Median days listed |
|---|---|---|---|---|
| $1 million to $1,499,999 | 496 | 151 | 3.3 | 78 |
| $1.5 million to $1,999,999 | 248 | 75 | 3.3 | 96 |
| $2 million to $2,999,999 | 251 | 66 | 3.8 | 87 |
| $3 million to $4,999,999 | 231 | 43 | 5.4 | 147 |
| $5 million and above | 181 | 42 | 4.3 | 130 |
Source: Momentum Research, computed from Stellar MLS records, live map snapshot, October 29, 2026. Deemed reliable but not guaranteed.
The slowest band was $3 million to $4,999,999, where the median active listing had been on the market 147 days. Below $2 million, the ratio held at 3.3 to 1.
Which places have the most $1 million listings?
| Place | Active at $1M+ | Under contract or pending | Active per contract | Median asking price | Median days listed |
|---|---|---|---|---|---|
| Sarasota | 669 | 197 | 3.4 | $2,200,000 | 115 |
| Bradenton | 181 | 77 | 2.4 | $1,399,000 | 75 |
| Anna Maria Island | 150 | 12 | 12.5 | $2,849,000 | 167.5 |
| Longboat Key | 123 | 17 | 7.2 | $2,495,000 | 105 |
| Lakewood Ranch | 61 | 22 | 2.8 | $1,545,000 | 44 |
| Venice | 49 | 20 | 2.5 | $1,300,000 | 70 |
| Osprey | 36 | 11 | 3.3 | $1,465,500 | 42 |
| Nokomis | 31 | 5 | 6.2 | $2,699,000 | 50 |
Source: Momentum Research, computed from Stellar MLS records, live map snapshot, October 29, 2026. Places follow the listing address; Anna Maria Island combines Anna Maria, Holmes Beach and Bradenton Beach. Deemed reliable but not guaranteed.
The barrier islands were the slowest. Anna Maria Island's three towns had 150 active listings, 141 of them single-family homes, and 71 of the 150 had been listed 180 days or more. Holmes Beach had 58 active and 2 in a contract, and Bradenton Beach had 42 active and none. Longboat Key ran at 7.2 to 1. Mainland Bradenton, Lakewood Ranch and Venice all ran under 3 to 1. Recent prices by place are on the Sarasota, Bradenton, Longboat Key, Lakewood Ranch, Venice, Osprey and Nokomis market pages.
Why are new $1 million homes selling faster than resales?
Downtown Sarasota condo towers account for much of the gap. Within the city of Sarasota, new-construction condos at $1 million or more had 87 active listings and 101 listed as under contract or pending, more contracts than listings. Four tower addresses held most of those contracts: 555 Quay Commons with 35, 1000 Boulevard of the Arts with 21, 2170 Robinhood Street with 13 and 668 Quay Commons with 7. Resale condos at $1 million or more in the city ran at 6.5 to 1, with 129 active and 20 in a contract.
Single-family resales at $1 million and up ran at 5.1 to 1 across both counties, with 826 active and 163 in a contract. The median single-family resale in a contract was priced at $1,575,000, below the $1,872,500 median for active ones, a sign that contracts are forming at the lower end of the tier.
What does this mean for luxury buyers and sellers?
For buyers, the island towns and the $3 million to $4,999,999 band offer the most choice and the most listings that have sat for months. Insurance, flood coverage and elevation requirements weigh heavily on island homes; budgets are on our Sarasota home insurance cost and Bradenton home insurance cost pages.
For sellers of resale homes, the competition includes new construction that is going under contract nearly three times as fast per listing. Pricing against recent closings in the same neighborhood or building matters more than list prices nearby.
People also ask
How many million-dollar homes are for sale in Sarasota?
Our live Stellar MLS map showed 915 homes listed at $1 million or more in Sarasota County on October 29, 2026, with 253 under contract or pending. Manatee County had 492 more, with 124 in a contract.
Is the Anna Maria Island housing market slow?
At $1 million and above, yes. On October 29, 2026, Anna Maria, Holmes Beach and Bradenton Beach had 150 active listings at that price and 12 under contract or pending, about 12.5 to 1, and 71 had been listed 180 days or more.
Are downtown Sarasota condos selling?
New tower units are. On October 29, 2026, new-construction condos at $1 million or more in the city of Sarasota had 101 listings under contract or pending against 87 active. Resale condos at the same price ran at 6.5 to 1.
Limitations
Figures are a single live map snapshot taken October 29, 2026, not monthly totals, and can differ from inventory counts in monthly reports. Counties are assigned from each listing's county record where our feed has one and otherwise from the listing city; Longboat Key spans both counties and is shown as one place. Places follow the listing address, which can differ from city limits. Under contract or pending includes listings marked either way in the MLS; coming-soon listings are excluded. Pre-construction condo contracts can sit in pending status for months or years before closing, so tower contract counts are not closings. New construction follows the MLS flag, and resale means every other listing. Days listed is the listing's current count as reported to our feed and may reset when a listing is withdrawn and relisted. Figures may be revised as the MLS updates records. This article is general information, not advice about any specific property or transaction.
Sources
- Momentum Research, computed from Stellar MLS records as distributed by MLS GRID, live map snapshot, October 29, 2026. Information deemed reliable but not guaranteed.
- Sarasota market data hub, Momentum Research.
Disclosure: Jon Brooks is a co-founder of Momentum Realty, a Florida real estate brokerage that owns and funds Florida Housing Intelligence. Momentum has a financial interest in Florida real estate transactions, including in markets named here. See our editorial standards.
Market statistics in this article are computed from MLS data licensed by Momentum Realty, and are current as of the date shown. Data may be preliminary and subject to revision by its source. This article is general information, not advice about any specific property, transaction, or financial decision, and is not a representation about any specific property, community, builder, or association.
Equal Housing Opportunity. Editorial standards · Corrections · About