Sarasota County single-family sales rose 15.2% year-over-year in June 2026, and Manatee County single-family sales jumped an even bigger 26.2%, per the Realtor Association of Sarasota and Manatee's June 2026 report. Both counties saw meaningful price growth alongside the volume increase — which means FHA buyers need a clear read on where the opportunity sits before they start touring.
The Single-Family Numbers, County by County
Per RASM's June 2026 report: Sarasota County closed 805 single-family sales, up 15.2% year-over-year, with a median price of $492,450 (up 8.2%), 4.1 months of supply, 47 days to contract, and 39.0% cash buyers. Manatee County closed 890 single-family sales, up 26.2% year-over-year, with a median price of $490,000 (up 11.4%), also 4.1 months of supply, 45 days to contract, and 25.2% cash buyers. Both counties are moving briskly, and both are still firmly in seller-favoring territory at just over four months of supply.
Why the Condo Market Tells a Different Story
Condos and townhomes are looser in both counties. Sarasota condo/townhome sales rose 25.5% to 364 units, but the median price actually fell 7.5% to $343,750, with 6.3 months of supply, 71 days to contract, and 59.1% cash buyers. Manatee condo/townhome sales rose 11.2% to 259 units, with the median roughly flat at $310,000 (down 0.9%), 5.7 months of supply, 84 days to contract, and 50.2% cash buyers. That's real breathing room compared to the tighter single-family market — and a meaningfully different negotiating position for FHA buyers willing to consider a condo.
See what these numbers mean for your specific search
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What Rising Prices Mean for Your FHA Down Payment
FHA financing still allows qualified borrowers to put down as little as 3.5%. On Sarasota's $492,450 single-family median, that's roughly $17,236 down before closing costs; on Manatee's $490,000 median, roughly $17,150. Those are illustrative math examples based on the county medians above, not a quote — your actual required down payment depends on the specific home price and your loan amount, and FHA county loan limits are set annually and vary by county, so confirm the current limit for Sarasota or Manatee before you shop.
Faster Contracts Mean You Need to Move Quickly
| Market fact (June 2026, RASM) | What it means for an FHA buyer |
|---|---|
| Sarasota SF: 47 days to contract, 4.1 months supply | Homes are moving fast — have your pre-approval ready before you tour. |
| Manatee SF: 45 days to contract, 4.1 months supply | Similar pace to Sarasota — competitive but not frantic. |
| Sarasota condo: 71 days to contract, 6.3 months supply | More room to negotiate than single-family, if the project carries FHA approval. |
| Manatee condo: 84 days to contract, 5.7 months supply | The loosest segment in either county — worth a look if you're flexible on property type. |
Considering a Condo? Check FHA Approval First
With condo supply running looser than single-family in both counties, a condo purchase can be the more attainable path in this market — but only if the specific building carries FHA project approval. Our guide to FHA-approved condos in Sarasota and our FHA condo approval requirements overview walk through what to check before you fall for a specific unit.
Cash Buyers Are a Bigger Factor Than You Might Expect
Cash buyers made up 39.0% of Sarasota single-family sales and 25.2% of Manatee single-family sales in June — and cash share climbs even higher on condos, up to 59.1% in Sarasota. That doesn't shut FHA buyers out, but it does mean your offer needs to be clean and your financing needs to be verified and ready to move, not aspirational. If you're weighing FHA against a conventional purchase given this competitive landscape, our FHA versus conventional comparison breaks down the trade-offs.
Frequently asked questions
Did home sales rise in Sarasota and Manatee counties in June 2026?
Yes. Per RASM, Sarasota County single-family closed sales rose 15.2% year-over-year to 805, and Manatee County single-family sales rose 26.2% to 890 in June 2026.
What was the median home price in Sarasota and Manatee in June 2026?
The Sarasota County single-family median was $492,450 (up 8.2% year-over-year), and the Manatee County single-family median was $490,000 (up 11.4% year-over-year), per RASM's June 2026 report.
How does condo supply compare to single-family supply in Sarasota and Manatee?
Condo supply is looser: Sarasota condos had 6.3 months of supply versus 4.1 for single-family, and Manatee condos had 5.7 months versus 4.1 for single-family, per RASM.
Can I use an FHA loan on a rising-price home in Sarasota or Manatee?
Yes. FHA financing still allows as little as 3.5% down for qualified borrowers regardless of the home's price, and county loan limits are set annually — check the current limit for your target county before you shop.
Sources: Realtor Association of Sarasota and Manatee, June 2026 Housing Market Report (published July 17, 2026).
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Joe Pistone & Team · CrossCountry Mortgage · NMLS# 2087918 · Equal Housing Opportunity · Educational only — not a commitment to lend. Market data reflects countywide averages and can differ by neighborhood and property; confirm current pricing and loan limits for your specific target area. CrossCountry Mortgage NMLS# 3029 · 205 S. Hoover Blvd., Suite 203, Tampa, FL 33609 · Licensed in Florida.