ANDREE HUFFINE L U X U RY MARKET REPORT
S A R A S O TA SEPTEMBER 2026
ANDREE HUFFINE
REALTOR® | Luxury Property Specialist
Coldwell Banker Realty | Downtown Sarasota
941.232.4053
Andree@YourSarasotaRealEstate.com www.YourSarasotaRealEstate.com 100% SOLD, 100% of the time, 100% Satisfaction Whether you are buying or selling a home, you want a Realtor you can trust. Throughout my career, I’ve been successful because I’m committed to making a difference. I focus on understanding and meeting your needs so that I can help you achieve your goals and dreams. Each client, from the first-time homebuyer to the luxury homeowner, receives my full attention, 100% of the time. That’s why over 70% of my business comes from repeat customers and referrals, and it’s why I consistently achieve recognition as a top-producing Realtor within the industry.
Specialties Innovative marketing strategies Extensive market knowledge gained over 20+ years in the business Investments in education and technology to serve you better Patience, guidance and vision when working with clients Dedicated to building lifetime clientele
Demonstrated Commitment to Ongoing Education MBA: in Finance This gives me the foundation through which I operate my business and support my clients. GRI: The Graduate Realtor® Institute (GRI). Realtors with the GRI designation are highly trained to better serve and protect their clients. CLHMS: Certified Luxury Home Marketing Specialist. Realtors with this designation have demonstrated exceptional knowledge, experience, and expertise in assisting buyers and sellers within the luxury home market.
Awards and Achievements Global Luxury Properties Specialist: Coldwell Banker agents who have earned this designation have proven their expertise in assisting buyers and sellers of Luxury Properties. Million Dollar Guild Member of the Certified Luxury Homes Marketing Institute: Awarded only to members of the Certified Luxury Homes Marketing Institute who demonstrate the highest level of luxury homes sales performance. Coldwell Banker International President’s Premier Represented by the top 1% of Coldwell Banker Agents worldwide Real Trends Verified. Ranked among the top Real Estate agents in the country.
TABLE OF CONTENTS PAGE 4-7
NORTH AMERICAN LUXURY MARKET REVIEW
PAGE 8
13-MONTH MARKET TRENDS
PAGE 9
SINGLE-FAMILY HOMES MONTHLY OVERVIEW
PAGE 10
ATTACHED HOMES MONTHLY OVERVIEW
PAGE 11-14
MONTHLY STATISTICS BY CITY
PAGE 15
LUXURY REPORT EXPLAINED
PAGE 16
WELCOME MESSAGE
PAGE 17-21 LOCAL LUXURY MARKET REVIEW PAGE 22
THANK YOU
NORTH AMERICAN LUXURY REVIEW NORTH AMERICAN LUXURY REAL ESTATE: SELLERS BEGIN TO RESPOND August’s North American luxury real estate data may signal the beginning of a change in market dynamics first noted in our July report. While the data does not establish a trend yet, the convergence of sales and inventory with August 2025 levels is significant following a year in which luxury sales have consistently outperformed the previous year, while supply has fallen. This suggests sellers may finally be responding to the strength of underlying demand.
SINGLE-FAMILY LUXURY REMAINS FUNDAMENTALLY STRONG For the first time since the beginning of 2026, single-family luxury sales were close to parity with the same month in 2025, increasing just 1.72% year over year. Inventory was similarly close to last year’s level, at only 1.9% below August 2025. More importantly, new listings increased after consistently trailing 2025 levels throughout much of the year. The relatively modest 1.72% increase in single-family sales might initially suggest that momentum is slowing. The supporting metrics, however, provide a different interpretation. The median sold price increased 4.5%, while the sales ratio improved 3.6%, indicating that properties continued to be absorbed at a healthy pace. Most notably, days on market declined 25.7%. These measures point to continued buyer conviction, particularly for properties that meet the expectations of affluent purchasers. The significance lies in the quality of demand rather than simply the number of transactions. Luxury buyers are increasingly selective, but when the right property becomes available, they continue to demonstrate a willingness to act, and to pay for quality. This helps explain why prices can continue to rise even when transaction growth is relatively modest. The luxury market is not necessarily dependent upon increasing volumes to maintain pricing strength.
A limited supply of highly desirable properties can continue to support values when there is sufficient purchasing power among qualified buyers. For sellers, however, this distinction is becoming increasingly important. Simply bringing a property to market does not guarantee a premium outcome. Location, condition, design, lifestyle amenities and pricing remain critical differentiators.
ATTACHED LUXURY REMAINS MORE MEASURED The attached luxury market presents a somewhat different picture. Sales declined 4.3% year over year, an interesting reversal following July’s increase compared with July 2025. However, the decline should be considered within the context of continued supply constraints. Inventory remained 4.2% below August 2025, while new listings were still marginally below the previous year at 0.9%. In other words, fewer properties were available for buyers to purchase. The supporting metrics also suggest that demand has not disappeared. Median sold price increased 0.2%, the sales ratio remained essentially at parity and days on market declined 13.2%. The attached market therefore appears more measured rather than fundamentally weak. This segment is generally more sensitive to financing costs, monthly carrying expenses and affordability considerations. Even within luxury, buyers of attached properties are more likely to evaluate the financial implications of mortgage rates and overall carrying costs than buyers at the highest levels of the singlefamily market. The distinction between the two segments reinforces an important characteristic of today’s luxury market: luxury is not a single market. Buyer motivations and economic sensitivities vary significantly according to price point, property type and location.
SELLERS ARE BEGINNING TO RESPOND The increase in new listings may ultimately prove to be one of August’s most important indicators. For much of 2026, sellers have remained cautious. Mortgage rates, economic uncertainty and concerns about achievable pricing have encouraged many owners to postpone selling rather than enter an increasingly unpredictable market. At the same time, sales data has repeatedly demonstrated that demand exists. This created an unusual dynamic: buyers were present, but the properties they wanted were often unavailable. As the year progressed, continued sales strength, and increasingly positive media coverage of the luxury market, may have helped change seller perceptions. Owners who had been waiting for greater certainty are beginning to see evidence that market conditions may be favorable enough to make a move. The key question now is whether this response continues into the fall. If sellers continue returning to the market, buyers should gain greater choice and competition for individual properties may become more measured. However, increased inventory should not automatically be interpreted as a shift toward a buyer’s market.
The quality of that inventory will matter. Highly desirable, welllocated and turnkey properties are likely to continue attracting attention, while dated or overpriced homes may simply add to available supply without materially changing conditions for exceptional properties.
WHO IS DRIVING LUXURY DEMAND? The resilience of luxury real estate continues to be underpinned by the financial characteristics of its buyers. High-net-worth households typically have access to multiple sources of capital, including cash, investment portfolios, business interests, inherited wealth and existing property equity. Consequently, their purchasing decisions are less dependent on conventional mortgage financing than those of the broader market. Interest rates therefore remain relevant but often influence timing and financing strategy rather than purchasing capacity. Wealth creation and intergenerational wealth transfer are also expanding the pool of potential luxury buyers. Younger affluent households are entering the market, while established wealth holders continue to diversify their real estate holdings across different locations. This is contributing to a more mobile luxury consumer - one who may be purchasing a primary residence, second home, investment property or lifestyle retreat.
WHAT ARE THEY BUYING? The priorities of affluent buyers have become increasingly focused on quality, convenience and long-term value. Location remains fundamental, but today’s luxury purchaser is also looking for privacy, security, architectural quality, outdoor living, views, wellness amenities, flexible spaces and sophisticated technology. Turnkey condition has become particularly important. Buyers with the financial capacity to purchase at the luxury level are often less willing to devote significant time to extensive renovations or managing complex construction projects. The strongest properties increasingly offer a complete lifestyle proposition rather than simply a collection of high-end features. This is also contributing to a growing emphasis on properties that support wellness, work-from-home flexibility, multigenerational living and indoor-outdoor connectivity.
THE FACTORS TO WATCH THIS FALL Several forces could determine whether August’s apparent rebalancing becomes a broader trend. Interest rates remain a significant variable. A meaningful decline could encourage additional buyers to act, while renewed upward pressure could reinforce caution, particularly in the attached market. Economic conditions could have a similarly mixed effect. Stronger economic growth and equity markets would support confidence and purchasing power, while increased volatility could encourage some buyers to delay discretionary purchases. At the same time, periods of uncertainty can reinforce the appeal of tangible assets and established real estate among those focused on wealth preservation. Inventory will be critical. If sellers continue returning to the market while sales remain stable, conditions should move toward greater balance. If new listings increase substantially while demand weakens, buyers could gain negotiating leverage. Conversely, if demand accelerates as the fall selling season begins while inventory remains constrained, seller leverage could quickly strengthen again.
A MARKET MOVING TOWARD BALANCE August does not provide sufficient evidence to declare a change in the direction of North American luxury real estate. It does, however, suggest that the unusual divergence between sales and inventory that characterized much of 2026 may be beginning to narrow. As September brings buyers and sellers back into the market following the quieter summer months, the data should reveal whether August was simply a seasonal adjustment or the first indication that North American luxury real estate is moving toward a more balanced and sustainable market.
– 13 - MONTH MARKET TRENDS – FOR THE LUXURY NORTH AMERICAN MARKET
Single-Family Homes
Attached Homes
Single-Family List Price
Attached List Price
All data is based off median values. Median prices represent properties priced above respective city benchmark prices. 50
DAYS ON MARKET
45 40 35 30 25 20 15 10 5 0
AUG
SEP
OCT
NOV
DEC
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
45% 40%
SALES RATIO
35% 30%
Seller's
25%
21%
20%
Balanced
15%
12%
10%
Buyer's
5% 0%
AUG
SEP
OCT
NOV
DEC
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
MAY
JUN
JUL
AUG
SALES PRICE VS. LIST PRICE
$1,700,000
$1,500,000
$1,300,000
$1,100,000
$900,000
$700,000
$500,000
AUG
SEP
OCT
NOV
DEC
JAN
FEB
MAR
APR
– LUXURY MONTHLY MARKET REVIEW – A Review of Key Market Differences Year over Year August 2025 | August 2026
SINGLE-FAMILY HOMES August 2025
August 2026
Median List Price
$1,492,700
$1,499,950
Median Sale Price
$1,312,951
$1,372,250
Median SP/LP Ratio
97.81%
Total Sales Ratio Median Price per Sq. Ft.
August 2025
August 2026
Total Inventory
77,237
75,794
New Listings
20,395
20,729
98.23%
Total Sold
18,047
18,357
23.37%
24.22%
Median Days on Market
35
26
$375
$402
3,319
3,326
Average Home Size
Median prices represent properties priced above respective city benchmark prices.
9
.85%
Days on Market
Sales Ratio
334
310
$
59,300
New Listings
Total Sold
Med. Sale Price
SINGLE-FAMILY HOMES MARKET SUMMARY | AUGUST 2026 •
Official Market Type: Seller's Market with a 24.22% Sales Ratio.1
•
Homes are selling for an average of 98.23% of list price.
•
The median luxury threshold2 price is $912,500, and the median luxury home sales price is $1,372,250.
•
Markets with the Highest Median Sales Price: Silicon Valley ($5,600,000), Whistler ($4,150,000), Naples ($4,150,000), and Eagle County ($4,075,000).
•
Markets with the Highest Sales Ratio: Central Connecticut (88.1%), Howard County (84.0%), San Francisco (80.0%), and Morris County (77.8%). Sales Ratio defines market speed and market type: Buyer's < 12%; Balanced >= 12 to < 21%; Seller's >= 21%. If >100%, sales from previous month
1
exceeds current inventory. 2The luxury threshold price is set by The Institute for Luxury Home Marketing.
– LUXURY MONTHLY MARKET REVIEW – A Review of Key Market Differences Year over Year August 2025 | August 2026
ATTACHED HOMES August 2025
August 2026
Median List Price
$899,000
$889,000
Median Sale Price
$853,400
$855,000
Median SP/LP Ratio
98.36%
Total Sales Ratio Median Price per Sq. Ft.
August 2025
August 2026
Total Inventory
25,692
24,622
New Listings
6,316
6,262
98.34%
Total Sold
4,364
4,178
16.99%
16.97%
Median Days on Market
38
33
$501
$491
1,978
1,914
Average Home Size
Median prices represent properties priced above respective city benchmark prices.
5
.02%
Days on Market
Sales Ratio
54
186
$
1,600
New Listings
Total Sold
Med. Sale Price
ATTACHED HOMES MARKET SUMMARY | AUGUST 2026 •
Official Market Type: Balanced Market with a 16.97% Sales Ratio.1
•
Attached homes are selling for an average of 98.34% of list price.
•
The median luxury threshold2 price is $700,000, and the median attached luxury sale price is $855,000.
•
Markets with the Highest Median Sales Price: San Francisco ($3,050,000), Marco Island ($2,787,500), Island of Hawaii ($2,627,500), and Whistler ($2,588,750).
•
Markets with the Highest Sales Ratio: Howard County (79.7%), San Francisco (70.5%), Marin County (69.0%), and Morris County (65.4%). Sales Ratio defines market speed and market type: Buyer's < 12%; Balanced >= 12 to < 21%; Seller's >= 21%. If >100%, sales from previous month
1
exceeds current inventory. 2The luxury threshold price is set by The Institute for Luxury Home Marketing.
– LUXURY MONTHLY MARKET REVIEW – SINGLE FAMILY HOMES
ATTACHED HOMES
State Market Name
List Price
Sold Price
DOM
Ratio
Market
List Price
Sold Price
DOM
Ratio
Market
AB
Calgary
$1,495,000
$1,345,000
26
28.9%
Seller's
$875,000
$837,500
17
19.5%
Balanced
AZ
Chandler and Gilbert
$1,139,000
$1,113,750
81
22.0%
Seller's
-
-
-
-
-
AZ
Flagstaff
$1,649,000
$1,747,500
80
19.6%
Balanced
-
-
-
-
-
AZ
Fountain Hills
$2,997,500
$2,605,000
45
15.0%
Balanced
$652,950
$776,200
51
22.2%
Seller's
AZ
Mesa
$892,500
$880,500
67
22.4%
Seller's
-
-
-
-
-
AZ
Paradise Valley
$6,297,643
$3,810,500
102
18.3%
Balanced
-
-
-
-
-
AZ
Phoenix
$899,000
$812,500
59
21.1%
Seller's
-
-
-
-
-
AZ
Scottsdale
$2,200,000
$1,730,000
71
23.2%
Seller's
$875,000
$879,000
87
15.7%
Balanced
AZ
Tucson
$696,482
$660,000
46
20.3%
Balanced
-
-
-
-
-
BC
Vancouver
$3,950,000
$3,275,000
19
9.2%
Buyer's
$1,858,950
$1,784,000
22
12.0%
Buyer's
BC
Whistler
$6,498,000
$4,150,000
294
2.7%
Buyer's
$2,297,000
$2,588,750
9
15.7%
Balanced
CA
Central Coast
$2,675,000
$2,062,500
26
15.0%
Balanced
$1,099,000
$1,188,000
28
21.8%
Seller's
CA
East Bay
$1,999,888
$2,000,000
14
53.9%
Seller's
$1,089,000
$1,070,000
15
26.5%
Seller's
CA
El Dorado County
$1,874,500
$1,404,500
26
15.6%
Balanced
-
-
-
-
-
CA
Greater Palm Springs
$1,795,000
$1,725,000
80
25.1%
Seller's
-
-
-
-
-
CA
Lake Tahoe
$2,467,500
$2,015,000
23
34.9%
Seller's
$1,775,000
$1,877,500
59
21.8%
Seller's
CA
Los Angeles Beach Cities
$6,495,000
$3,900,000
30
14.1%
Balanced
$1,850,000
$1,909,500
27
21.9%
Seller's
CA
Los Angeles City
$4,899,999
$3,470,000
25
13.5%
Balanced
$1,597,000
$1,431,155
35
11.6%
Buyer's
CA
Los Angeles The Valley
$2,499,999
$2,050,000
39
19.5%
Balanced
$800,000
$806,000
43
23.0%
Seller's
CA
Marin County
$3,725,000
$3,450,000
15
54.7%
Seller's
$1,298,000
$1,255,000
29
69.0%
Seller's
CA
Napa County
$2,996,500
$2,337,500
75
11.5%
Buyer's
-
-
-
-
-
CA
Orange County
$2,799,990
$2,168,000
26
29.6%
Seller's
$1,198,444
$1,185,000
27
24.9%
Seller's
CA
Placer County
$1,249,000
$1,125,050
22
27.4%
Seller's
-
-
-
-
-
CA
Sacramento
$959,000
$915,000
19
36.3%
Seller's
-
-
-
-
-
CA
San Diego
$2,395,000
$1,912,000
14
37.2%
Seller's
$1,149,500
$1,075,000
30
25.8%
Seller's
CA
San Francisco
$3,995,000
$3,327,500
10
80.0%
Seller's
$2,945,000
$3,050,000
11
70.5%
Seller's
CA
San Luis Obispo County
$1,799,000
$1,457,500
26
22.0%
Seller's
-
-
-
-
-
CA
Silicon Valley
$6,297,500
$5,600,000
9
45.6%
Seller's
$1,750,000
$1,700,000
17
35.6%
Seller's
CA
Sonoma County
$2,295,000
$1,755,000
62
15.9%
Balanced
$792,000
$679,990
42
25.0%
Seller's
CA
Ventura County
$2,190,000
$1,734,500
60
22.1%
Seller's
$779,000
$743,000
53
24.2%
Seller's
CO
Boulder
$1,995,000
$1,617,500
48
14.9%
Balanced
$820,000
$825,000
100
9.3%
Buyer's
CO
Colorado Springs
$925,000
$900,000
34
16.4%
Balanced
$570,000
$567,875
70
8.0%
Buyer's
CO
Denver
$1,500,000
$1,399,000
27
24.2%
Seller's
$849,000
$840,000
51
11.2%
Buyer's
CO
Douglas County
$1,299,000
$1,172,950
35
23.4%
Seller's
$565,000
$550,000
52
27.9%
Seller's
CO
Eagle County
$5,322,500
$4,075,000
44
8.8%
Buyer's
$2,392,000
$1,814,500
59
15.2%
Balanced
CO
Summit County
$2,799,900
$2,300,000
21
12.2%
Balanced
$1,234,500
$1,427,500
58
20.9%
Balanced
CO
Telluride
$5,847,500
$3,337,500
77
6.3%
Buyer's
$2,297,000
$1,799,000
105
7.3%
Buyer's
CT
Central Connecticut
$695,000
$655,000
6
88.1%
Seller's
-
-
-
-
-
Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
– LUXURY MONTHLY MARKET REVIEW – SINGLE FAMILY HOMES
ATTACHED HOMES
State Market Name
List Price
Sold Price
DOM
Ratio
Market
List Price
Sold Price
DOM
Ratio
Market
CT
Coastal Connecticut
$2,197,000
$1,806,000
19
56.5%
Seller's
$759,450
$726,000
15
45.9%
Seller's
DC
Washington D.C.
$3,450,000
$3,629,510
12
41.5%
Seller's
$1,795,000
$1,625,000
10
25.9%
Seller's
DE
Sussex County
$1,609,000
$1,435,000
32
19.6%
Balanced
$969,900
$775,000
27
18.8%
Balanced
FL
Bay County
-
-
-
-
-
-
-
-
-
-
FL
Boca Raton/Delray Beach
$2,875,000
$2,290,000
47
22.0%
Seller's
$1,000,000
$775,000
36
15.8%
Balanced
FL
Brevard County
$852,450
$735,000
39
26.7%
Seller's
$805,000
$742,500
47
9.9%
Buyer's
FL
Broward County
$1,895,000
$1,600,000
55
18.0%
Balanced
$695,000
$645,000
70
8.2%
Buyer's
FL
Charlotte County
$1,011,500
$940,000
71
10.9%
Buyer's
-
-
-
-
-
FL
Coastal Pinellas County
$2,395,000
$1,832,500
101
13.6%
Balanced
$1,250,000
$1,012,000
94
7.5%
Buyer's
FL
Ft. Lauderdale
$4,800,000
$3,612,500
95
9.2%
Buyer's
$2,856,320
$2,100,000
112
2.9%
Buyer's
FL
Jacksonville
$827,000
$795,000
26
28.4%
Seller's
$625,000
$544,830
83
21.8%
Seller's
FL
Jacksonville Beaches
$1,399,000
$1,416,500
46
24.2%
Seller's
$1,022,495
$1,430,000
117
9.6%
Buyer's
FL
Lee County
$1,500,000
$1,328,069
61
12.2%
Balanced
$889,000
$775,000
114
8.1%
Buyer's
FL
Marco Island
$3,697,500
$2,630,000
46
13.3%
Balanced
$1,824,450
$2,787,500
79
13.6%
Balanced
FL
Miami
$1,893,250
$1,535,000
46
16.9%
Balanced
$1,499,000
$1,365,000
93
5.8%
Buyer's
FL
Naples
$4,900,000
$4,150,000
147
10.4%
Buyer's
$2,362,500
$2,185,000
61
6.5%
Buyer's
FL
Orlando
$1,335,000
$1,200,000
32
15.7%
Balanced
$580,000
$595,000
48
9.9%
Buyer's
FL
Palm Beach Towns
$5,595,000
$3,100,000
119
13.5%
Balanced
$2,385,000
$1,817,500
81
7.4%
Buyer's
FL
Sarasota & Beaches
$2,900,000
$1,800,000
128
8.6%
Buyer's
$1,659,000
$1,400,000
86
8.7%
Buyer's
FL
South Pinellas County
$1,490,000
$1,187,500
87
17.3%
Balanced
$1,167,500
$987,000
125
8.1%
Buyer's
FL
South Walton
-
-
-
-
-
-
-
-
-
-
FL
Tampa
$772,450
$725,000
33
19.9%
Balanced
$834,500
$745,000
48
15.2%
Balanced
GA
Atlanta
$1,525,000
$1,250,000
11
23.5%
Seller's
$700,000
$649,000
32
11.9%
Buyer's
GA
Duluth
$1,349,000
$1,415,375
21
27.0%
Seller's
-
-
-
-
-
HI
Island of Hawaii
$1,790,000
$1,590,000
14
8.4%
Buyer's
$1,325,000
$2,627,500
18
6.6%
Buyer's
HI
Kauai
$2,995,500
$2,672,500
55
6.3%
Buyer's
$1,399,500
$1,170,000
70
9.6%
Buyer's
HI
Maui
$2,900,000
$1,825,000
131
8.1%
Buyer's
$1,880,000
$1,675,000
192
5.1%
Buyer's
HI
Oahu
$2,900,000
$2,310,000
14
15.4%
Balanced
$1,150,000
$932,500
26
12.0%
Balanced
IA
Greater Des Moines
$664,950
$659,525
21
22.0%
Seller's
-
-
-
-
-
ID
Ada County
$825,000
$784,921
14
44.3%
Seller's
$609,999
$639,000
19
29.0%
Seller's
ID
Northern Idaho
$1,350,000
$1,156,720
78
19.2%
Balanced
-
-
-
-
-
IL
Chicago
$1,700,000
$1,400,000
8
71.8%
Seller's
$1,183,500
$950,000
11
50.2%
Seller's
IL
DuPage County
$1,285,000
$960,000
12
61.2%
Seller's
$745,404
$696,000
15
27.9%
Seller's
IL
Lake County
$1,249,000
$943,000
8
57.6%
Seller's
-
-
-
-
-
IL
Will County
$674,333
$637,500
17
49.2%
Seller's
-
-
-
-
-
IN
Boone County
$1,263,500
$1,022,500
7
48.1%
Seller's
-
-
-
-
-
IN
Hamilton County
$807,445
$822,500
6
56.5%
Seller's
-
-
-
-
-
KY
Lexington
$989,450
$957,500
11
27.7%
Seller's
-
-
-
-
-
Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
– LUXURY MONTHLY MARKET REVIEW – SINGLE FAMILY HOMES
ATTACHED HOMES
State Market Name
List Price
Sold Price
DOM
Ratio
Market
List Price
Sold Price
DOM
Ratio
Market
LA
Baton Rouge
$970,000
$847,950
79
11.8%
Buyer's
-
-
-
-
-
LA
Lafayette County
$799,900
$692,000
48
12.1%
Balanced
-
-
-
-
-
LA
New Orleans
$1,024,999
$999,000
50
20.6%
Balanced
$737,500
$710,000
20
3.4%
Buyer's
MA
Cape Cod
$2,250,000
$2,150,000
30
20.2%
Balanced
$1,089,000
$825,000
51
16.9%
Balanced
MA
Greater Boston
$3,380,000
$2,750,000
26
29.4%
Seller's
$2,495,000
$1,950,000
35
24.0%
Seller's
MA
South Shore
$1,700,000
$1,542,500
20
45.8%
Seller's
$979,925
$1,049,000
23
39.6%
Seller's
MD
Anne Arundel County
$1,150,000
$950,000
10
44.8%
Seller's
$584,990
$569,500
11
47.1%
Seller's
MD
Baltimore City
$777,000
$860,000
6
54.5%
Seller's
$650,000
$655,000
8
19.7%
Balanced
MD
Baltimore County
$978,747
$950,000
15
38.2%
Seller's
$604,950
$565,000
26
41.1%
Seller's
MD
Frederick County
$912,450
$920,000
13
34.3%
Seller's
-
-
-
-
-
MD
Howard County
$1,322,500
$1,055,000
8
84.0%
Seller's
$629,993
$615,000
11
79.7%
Seller's
MD
Montgomery County
$1,895,000
$1,475,000
10
33.6%
Seller's
$839,950
$775,000
16
29.9%
Seller's
MD
Talbot County
$2,295,000
$2,495,000
28
20.5%
Balanced
-
-
-
-
-
MD
Worcester County
$949,900
$975,000
39
17.0%
Balanced
$687,750
$640,000
30
27.9%
Seller's
MI
Grand Traverse County
$1,522,500
$1,000,000
66
14.5%
Balanced
-
-
-
-
-
MI
Livingston County
$739,900
$750,000
12
43.9%
Seller's
-
-
-
-
-
MI
Monroe County
$682,000
$659,950
18
39.1%
Seller's
-
-
-
-
-
MI
Oakland County
$799,000
$680,000
10
37.8%
Seller's
$629,000
$605,000
11
25.2%
Seller's
MI
Washtenaw County
$849,900
$762,000
33
30.8%
Seller's
$710,670
$603,033
22
19.5%
Balanced
MI
Wayne County
$675,000
$687,500
8
49.8%
Seller's
$628,990
$610,000
28
12.1%
Balanced
MN
Olmsted County
$829,900
$825,000
16
18.6%
Balanced
-
-
-
-
-
MN
Twin Cities
$1,269,200
$1,000,000
19
28.4%
Seller's
-
-
-
-
-
NC
Asheville
$999,000
$890,000
42
12.4%
Balanced
$784,950
$719,990
52
15.1%
Balanced
NC
Charlotte
$1,100,000
$1,050,000
16
32.1%
Seller's
$655,000
$659,000
47
19.1%
Balanced
NC
Lake Norman
$1,200,000
$1,255,000
19
26.6%
Seller's
$599,450
$570,000
20
12.5%
Balanced
NC
New Hanover County
$1,549,000
$1,587,500
38
21.0%
Balanced
$1,075,000
$925,000
35
13.0%
Balanced
NC
Pitt County
$665,000
$665,245
47
36.7%
Seller's
-
-
-
-
-
NC
Raleigh-Durham
$1,075,000
$981,250
14
32.2%
Seller's
-
-
-
-
-
NH
Rockingham County
$1,599,000
$1,450,000
12
34.3%
Seller's
$959,053
$846,950
25
33.3%
Seller's
NJ
Bergen County
$2,491,500
$1,800,050
21
48.1%
Seller's
$1,325,000
$1,160,000
20
39.4%
Seller's
NJ
Morris County
$1,495,000
$1,394,500
14
77.8%
Seller's
$942,000
$876,000
16
65.4%
Seller's
NJ
Ocean County
$949,950
$860,000
26
26.0%
Seller's
$849,950
$900,000
20
26.7%
Seller's
NJ
Somerset County
$1,650,000
$1,435,000
22
48.1%
Seller's
$864,500
$821,250
16
50.0%
Seller's
NV
Henderson
$2,195,000
$1,500,000
37
12.1%
Balanced
-
-
-
-
-
NV
Lake Tahoe
$3,799,000
$3,000,000
75
19.3%
Balanced
$1,100,000
$1,600,000
89
23.1%
Seller's
NV
Las Vegas
$1,699,250
$1,595,000
35
10.9%
Buyer's
-
-
-
-
-
NV
Reno
$1,750,000
$1,742,500
30
24.3%
Seller's
-
-
-
-
-
OH
Cincinnati
$796,673
$750,075
5
45.3%
Seller's
-
-
-
-
-
Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
– LUXURY MONTHLY MARKET REVIEW – SINGLE FAMILY HOMES State Market Name
ATTACHED HOMES
List Price
Sold Price
DOM
Ratio
Market
List Price
Sold Price
DOM
Ratio
Market
-
-
-
-
-
-
-
-
-
-
OH
Cleveland Suburbs
OH
Columbus
$800,000
$750,000
11
36.0%
Seller's
$666,500
$610,250
11
24.8%
Seller's
ON
GTA - Durham
$1,799,000
$1,915,000
25
6.2%
Buyer's
$812,000
$950,000
15
6.3%
Buyer's
ON
GTA - York
$2,295,000
$1,876,250
24
11.2%
Buyer's
$750,000
$750,000
43
12.3%
Balanced
ON
Mississauga
$2,899,000
$2,612,500
11
2.7%
Buyer's
$1,010,000
$945,500
23
9.8%
Buyer's
ON
Oakville
-
-
-
-
-
-
-
-
-
-
ON
Toronto
$4,180,000
$3,200,000
34
11.2%
Buyer's
$1,200,000
$1,175,000
39
12.5%
Balanced
ON
Waterloo Region
$1,449,444
$1,344,500
29
13.0%
Balanced
$799,000
$810,000
80
12.9%
Balanced
OR
Portland
$1,299,900
$1,160,000
14
19.5%
Balanced
$681,500
$615,000
20
11.5%
Buyer's
PA
Philadelphia
$850,000
$753,000
15
38.8%
Seller's
$750,000
$662,898
27
23.8%
Seller's
PA
Pittsburgh
$1,192,500
$930,000
25
33.5%
Seller's
$756,000
$640,000
30
20.0%
Balanced
SC
Charleston
$1,750,000
$1,467,500
29
29.3%
Seller's
$1,420,000
$1,205,000
50
27.7%
Seller's
TN
Greater Chattanooga
$965,000
$874,750
21
16.2%
Balanced
-
-
-
-
-
TN
Nashville
$1,824,900
$1,350,000
12
20.3%
Balanced
$749,000
$650,000
26
11.4%
Buyer's
TX
Austin
$2,299,000
$1,820,000
30
17.9%
Balanced
$1,199,000
$955,000
37
7.9%
Buyer's
TX
Collin County
$749,000
$720,000
38
18.4%
Balanced
-
-
-
-
-
TX
Dallas
$1,495,000
$1,297,500
30
21.9%
Seller's
$709,999
$710,000
44
14.5%
Balanced
TX
Denton County
$789,900
$775,500
44
17.6%
Balanced
-
-
-
-
-
TX
El Paso
$650,000
$601,509
26
17.7%
Balanced
-
-
-
-
-
TX
Fort Worth
$905,135
$823,489
26
22.3%
Seller's
-
-
-
-
-
TX
Greater Tyler
$691,080
$670,000
49
11.6%
Buyer's
-
-
-
-
-
TX
Houston
$959,999
$947,600
27
19.3%
Balanced
$645,000
$625,000
45
18.2%
Balanced
TX
Lubbock
$699,700
$663,000
45
17.9%
Balanced
-
-
-
-
-
TX
San Antonio
$799,900
$799,999
46
11.8%
Buyer's
$765,000
$1,257,396
142
3.4%
Buyer's
TX
Tarrant County
$899,700
$805,000
27
21.1%
Seller's
-
-
-
-
-
TX
The Woodlands & Spring
$795,000
$806,120
25
21.1%
Seller's
-
-
-
-
-
UT
Park City
$4,900,000
$3,722,650
30
16.2%
Balanced
$2,900,000
$1,647,800
25
9.7%
Buyer's
UT
Washington County
$1,499,000
$1,335,000
55
9.2%
Buyer's
-
-
-
-
-
VA
Arlington & Alexandria
$2,312,500
$1,762,500
9
41.8%
Seller's
$995,000
$955,000
12
55.7%
Seller's
VA
Fairfax County
$2,194,000
$1,510,000
9
40.3%
Seller's
$742,500
$700,000
11
54.4%
Seller's
VA
McLean & Vienna
$2,980,000
$2,225,000
10
31.1%
Seller's
$1,195,000
$1,010,000
29
23.2%
Seller's
VA
Richmond
$810,000
$800,000
12
37.9%
Seller's
$586,746
$565,000
47
20.3%
Balanced
VA
Smith Mountain Lake
$1,499,900
$1,435,000
46
18.7%
Balanced
-
-
-
-
-
VA
Virginia Beach
$1,377,950
$1,200,000
17
23.4%
Seller's
$864,000
$855,000
33
16.1%
Balanced
WA
King County
$1,900,000
$1,725,000
13
23.8%
Seller's
$1,199,998
$1,129,500
31
13.4%
Balanced
WA
Seattle
$2,072,000
$1,722,500
6
34.5%
Seller's
$1,381,925
$1,162,500
34
12.0%
Buyer's
WA
Spokane
$1,149,750
$1,030,000
42
12.2%
Balanced
-
-
-
-
-
WA
Vancouver
$1,395,000
$1,287,500
28
16.2%
Balanced
$760,000
$830,000
83
6.1%
Buyer's
Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
– LUXURY REPORT EXPLAINED – The Institute for Luxury Home Marketing has analyzed a number of metrics — including sales prices, sales volumes, number of sales, sales-price-to-list-price ratios, days on market and price-per-squarefoot – to provide you a comprehensive North American Luxury Market report. Additionally, we have further examined all of the individual luxury markets to provide both an overview and an in-depth analysis - including, where data is sufficient, a breakdown by luxury singlefamily homes and luxury attached homes. It is our intention to include additional luxury markets on a continual basis. If your market is not featured, please contact us so we can implement the necessary qualification process. More in-depth reports on the luxury communities in your market are available as well. Looking through this report, you will notice three distinct market statuses, Buyer's Market, Seller's Market, and Balanced Market. A Buyer's Market indicates that buyers have greater control over the price point. This market type is demonstrated by a substantial number of homes on the market and few sales, suggesting demand for residential properties is slow for that market and/or price point. By contrast, a Seller's Market gives sellers greater control over the price point. Typically, this means there are few homes on the market and a generous demand, causing competition between buyers who ultimately drive sales prices higher. A Balanced Market indicates that neither the buyers nor the sellers control the price point at which that property will sell and that there is neither a glut nor a lack of inventory. Typically, this type of market sees a stabilization of both the list and sold price, the length of time the property is on the market as well as the expectancy amongst homeowners in their respective communities – so long as their home is priced in accordance with the current market value.
REPORT GLOSSARY REMAINING INVENTORY: The total number of homes available at the close of a month. DAYS ON MARKET: Measures the number of days a home is available on the market before a purchase offer is accepted. LUXURY BENCHMARK PRICE: The price point that marks the transition from traditional homes to luxury homes. NEW LISTINGS: The number of homes that entered the market during the current month. PRICE PER SQUARE FOOT: Measures the dollar amount of the home's price for an individual square foot. SALES RATIO: Sales Ratio defines market speed and determines whether the market currently favors buyers or sellers. A Buyer's Market has a Sales Ratio of less than 12%; a Balanced Market has a ratio of 12% up to 21%; a Seller's Market has a ratio of 21% or higher. A Sales Ratio greater than 100% indicates the number of sold listings exceeds the number of listings available at the end of the month. SP/LP RATIO: The Sales Price/List Price Ratio compares the value of the sold price to the value of the list price.
LUXURY RESIDENTIAL MARKETS
T
he Luxury Market Report is your guide to luxury real estate market data and trends for North America. Produced monthly by The Institute for Luxury Home Marketing, this report provides an in-depth look at the
top residential markets across the United States and Canada. Within the individual markets, you will find established luxury benchmark prices and detailed survey of luxury active and sold properties designed to showcase current market status and recent trends. The national report illustrates a compilation of the top North American markets to review overall standards and trends.
Copyright © 2026 Institute for Luxury Home Marketing | www.luxuryhomemarketing.com | 214.485.3000 The Luxury Market Report is a monthly analysis provided by The Institute for Luxury Home Marketing. Luxury benchmark prices are determined by The Institute. This active and sold data has been provided by REAL Marketing, who has compiled the data through various sources, including local MLS boards, local tax records and Realtor.com. Data is deemed reliable to the best of our knowledge, but is not guaranteed.
SEPTEMBER
2026
SARASOTA & SURROUNDING BEACHES FLORIDA
SIESTA KEY TO ANNA MARIA ISLANDS
SARASOTA
SINGLE - FAMILY HOMES Luxury Benchmark Price 1: $1,000,000
LUXURY INVENTORY VS. SALES | AUGUST 2026 Total Inventory: 524
Total Sales: 45
Total Sales Ratio2 : 9%
Inventory $10,000,000+
$7,000,000 - $7,999,999
$6,000,000 - $6,999,999
33 18
1 15
0
19
1
$5,000,000 - $5,999,999
40
2
$4,000,000 - $4,999,999
50
2
$3,500,000 - $3,999,999 $3,000,000 - $3,499,999
32
2
34
1
$2,500,000 - $2,999,999 $2,000,000 - $2,499,999
47
4
$1,000,000 - $1,199,999
1
34
5
$1,600,000 - $1,799,999
$1,200,000 - $1,399,999
65
5
$1,800,000 - $1,999,999
$1,400,000 - $1,599,999
Sales
1
$8,000,000 - $9,999,999
Buyer's Market
37
8 35
4 31
4
34
5
Square Feet3
Price
Beds
Baths
Sold
Inventory
Sales Ratio
-Range-
-Median Sold-
-Median Sold-
-Median Sold-
-Total-
-Total-
-Sold/Inventory-
0 - 1,999
$1,400,000
3
2
15
94
16%
2,000 - 2,999
$1,812,500
4
3
10
151
7%
3,000 - 3,999
$2,375,000
4
4
14
134
10%
4,000 - 4,999
$4,295,000
5
5
3
88
3%
5,000 - 5,999
$1,599,000
4
5
1
28
4%
6,000+
$10,237,500
5
7
2
28
7%
The luxury threshold price is set by The Institute for Luxury Home Marketing. 2Sales Ratio defines market speed and market type: Buyer's < 12%; Balanced >= 12 to < 21%; Seller's >= 21%. If >100% MLS® data reported previous month’s sales exceeded current inventory.
SARASOTA
SINGLE - FAMILY HOMES Luxury Benchmark Price 1: $1,000,000
13 - MONTH LUXURY MARKET TREND 4 Median Sales Price
Inventory
Solds
$2,600,000 $2,233,125
$1,750,000
$1,660,000
601
$2,065,000
$2,200,000
$2,025,000
$1,860,000
$1,720,000
848
818
744
668
625
573
525
$1,845,000
$1,975,000
781
725
683
$1,875,000
$1,800,000
603
524
50
42
49
43
68
53
72
85
95
69
87
73
45
Aug-25
Sep-25
Oct-25
Nov-25
Dec-25
Jan-26
Feb-26
Mar-26
Apr-26
May-26
Jun-26
Jul-26
Aug-26
MEDIAN DATA REVIEW | AUGUST TOTAL INVENTORY
TOTAL SOLDS
Aug. 2025
Aug. 2026
Aug. 2025
Aug. 2026
601
524
50
45
VARIANCE: -
13%
VARIANCE: -
SALE PRICE PER SQFT. Aug. 2025
SALES PRICE Aug. 2025
Aug. 2026
2.23m
$
$
10%
SALE TO LIST PRICE RATIO
1.80m
VARIANCE: -
19%
DAYS ON MARKET
Aug. 2026
Aug. 2025
Aug. 2026
Aug. 2025
Aug. 2026
844
92.40%
95.13%
105
128
VARIANCE:
22%
854
$
$
1
VARIANCE: - %
VARIANCE:
3%
SARASOTA MARKET SUMMARY | AUGUST 2026 • The single-family luxury market is a Buyer's Market with a 9% Sales Ratio. • Homes sold for a median of 95.13% of list price in August 2026. • The most active price band is $1,600,000-$1,799,999, where the sales ratio is 22%. • The median luxury sales price for single-family homes is $1,800,000. • The median days on market for August 2026 was 128 days, up from 105 in August 2025.
Square foot table does not account for listings and solds where square foot data is not disclosed. 4 Data reported includes Active and Sold properties and does not include Pending properties.
3
SARASOTA
ATTACHED HOMES Luxury Benchmark Price 1: $950,000
LUXURY INVENTORY VS. SALES | AUGUST 2026 Total Inventory: 309
Total Sales: 27
Total Sales Ratio2 : 9%
Inventory $6,500,000+ $5,500,000 - $6,499,999
$3,300,000 - $3,899,999
24 10
0
14
2
18
0 12
0
$2,700,000 - $3,299,999
17
2
$2,300,000 - $2,699,999
27
2 12
1
$1,500,000 - $1,699,999
20
2
$1,300,000 - $1,499,999 $1,200,000 - $1,299,999
25
1
35
5
$1,000,000 - $1,099,999
1
37
3
$1,100,000 - $1,199,999
$950,000 - $999,999
16
4
$1,900,000 - $2,299,999
$1,700,000 - $1,899,999
Sales
0
$4,700,000 - $5,499,999
$3,900,000 - $4,699,999
Buyer's Market
15
3
27
2
Square Feet3
Price
Beds
Baths
Sold
Inventory
Sales Ratio
-Range-
-Median Sold-
-Median Sold-
-Median Sold-
-Total-
-Total-
-Sold/Inventory-
0 - 1,499
$1,100,000
2
2
9
86
10%
1,500 - 1,999
$1,600,000
2
2
5
60
8%
2,000 - 2,499
$1,587,500
3
3
4
53
8%
2,500 - 2,999
$2,625,000
3
4
5
31
16%
3,000 - 3,499
$2,975,000
3
4
3
33
9%
3,500+
$5,000,000
3
4
1
46
2%
The luxury threshold price is set by The Institute for Luxury Home Marketing. 2Sales Ratio defines market speed and market type: Buyer's < 12%; Balanced >= 12 to < 21%; Seller's >= 21%. If >100% MLS® data reported previous month’s sales exceeded current inventory.
SARASOTA
ATTACHED HOMES Luxury Benchmark Price 1: $950,000
13 - MONTH LUXURY MARKET TREND 4 Median Sales Price
$1,825,000
$1,544,000
$1,495,000
$1,767,500
$1,437,000
315
309
$1,700,000
525
498
449
436
Solds
$1,437,500
$1,350,000
$1,215,000
370
Inventory
510
454
$1,425,000
$1,427,500
408
378
$1,587,500 $1,400,000
332
309
21
16
22
24
38
30
45
66
46
45
48
48
27
Aug-25
Sep-25
Oct-25
Nov-25
Dec-25
Jan-26
Feb-26
Mar-26
Apr-26
May-26
Jun-26
Jul-26
Aug-26
MEDIAN DATA REVIEW | AUGUST TOTAL INVENTORY
TOTAL SOLDS
Aug. 2025
Aug. 2026
Aug. 2025
Aug. 2026
315
309
21
27
2
VARIANCE:
VARIANCE: - % SALE PRICE PER SQFT. Aug. 2025
29%
SALE TO LIST PRICE RATIO
SALES PRICE Aug. 2025
Aug. 2026
1.50m
$
$
1.40m 6
VARIANCE: - % DAYS ON MARKET
Aug. 2026
Aug. 2025
Aug. 2026
Aug. 2025
Aug. 2026
909
90.78%
94.17%
104
86
898
$
$
VARIANCE:
1%
VARIANCE:
4%
VARIANCE: -
17%
SARASOTA MARKET SUMMARY | AUGUST 2026 • The attached luxury market is a Buyer's Market with a 9% Sales Ratio. • Homes sold for a median of 94.17% of list price in August 2026. • The most active price band is $2,300,000-$2,699,999, where the sales ratio is 25%. • The median luxury sales price for attached homes is $1,400,000. • The median days on market for August 2026 was 86 days, down from 104 in August 2025.
Square foot table does not account for listings and solds where square foot data is not disclosed. 4 Data reported includes Active and Sold properties and does not include Pending properties.
3
Thank you for taking time to view this report. For more information about this report and the services I can offer you and your luxury property, please give me a call at 941.232.4053.
- Andree Huffine
ANDREE HUFFINE 941.232.4053 | Andree@YourSarasotaRealEstate.com | www.YourSarasotaRealEstate.com