Sarasota, Florida, continues to shine as one of the most desirable destinations for condo buyers seeking sun, sand, and a vibrant coastal lifestyle. Whether you’re searching for a luxurious beachfront retreat, a low-maintenance vacation home, or a smart investment property, the Sarasota condo market in 2025 offers more opportunities-and more choices-than buyers have seen in years. In this post, we’ll explore the latest trends in Sarasota Florida condos for sale, highlight the top neighborhoods, and explain why working with Brad Deakin-the #1 real estate agent in Sarasota-is your key to success in this evolving market.
Sarasota Florida Condos For Sale
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Sarasota Condo Market 2025: A Buyer’s Advantage
Inventory and Pricing Trends
The Sarasota condo market has undergone a significant transformation over the past year. As of early 2025, inventory has surged to levels not seen in recent memory, with a 9.1-month supply of condos available in Sarasota County. This is well above the 6-7 month threshold that typically defines a balanced market, firmly placing the advantage in buyers’ hands.
Median sale prices for condos have also adjusted downward. In January 2025, the median sale price for a Sarasota County condo dropped by 17.4% year-over-year to $347,000. By February, the median price dipped further to $342,000, reflecting a 12.3% annual decrease. These price adjustments, combined with increased inventory, mean buyers now have more negotiating power and greater choice than at any time in recent years.
Sales Activity and Market Dynamics
While the number of closed condo sales in Sarasota County increased 15.8% in January (with 242 transactions), February saw a 12.2% year-over-year decline, with just 237 units sold. This fluctuation underscores the market’s transition: sellers are adjusting expectations, while buyers are taking their time to find the right fit.
Properties are also taking longer to sell. The median time to contract rose to 53 days in January and 44 days in February, with the median time to sale extending to 85-86 days. Cash remains king in Sarasota, accounting for nearly 72% of condo purchases, a testament to the area’s appeal among retirees, investors, and second-home buyers.
Why the Shift?
Several factors are influencing the Sarasota condo market:
- Rising Inventory: More owners, especially those with second homes or investment properties, are listing their condos due to increased carrying costs. Recent legislative changes require condo associations to maintain higher reserves for repairs, pushing up HOA fees and prompting some owners to sell.
- Insurance and Interest Rates: Higher insurance premiums and fluctuating mortgage rates are influencing buyer behavior. If rates drop further, more financed buyers may return to the market6.
- Balanced Market: The days of frenzied bidding wars are over, replaced by a more measured, buyer-friendly environment.
Top Neighborhoods for Sarasota Florida Condos
Sarasota offers a diverse array of condo communities, each with its own unique vibe, amenities, and access to the Gulf Coast’s famous beaches. Here are the top areas to consider:
Siesta Key
Famous for its powdery white quartz sand and lively village atmosphere, Siesta Key is a perennial favorite for condo buyers. Many condos here offer direct beach access, breathtaking Gulf views, and proximity to shops, restaurants, and nightlife.
Lido Key & St. Armands Key
For those seeking a quieter, more exclusive beach experience, Lido Key and St. Armands Key are ideal. Condos on Lido Key offer stunning Gulf views and easy access to the upscale boutiques and dining of St. Armands Circle.
Longboat Key
Stretching between the Gulf of Mexico and Sarasota Bay, Longboat Key is synonymous with luxury. Condo communities here feature resort-style amenities, private beach access, and a tranquil, upscale ambiance. Outdoor enthusiasts will love the opportunities for biking, fishing, golfing, and tennis.
What to Expect from Sarasota Condos for Sale
Features and Amenities
Today’s Sarasota condos cater to a wide range of lifestyles and preferences. Common features include:
- Open-concept floor plans and modern kitchens
- Private balconies or lanais with water or city views
- Resort-style pools, fitness centers, and tennis courts
- Gated security and covered parking
- Direct beach or bay access
For example, a recent listing at 2875 Grazeland Dr. in Sarasota-a spacious 4-bedroom, 3-bath home-showcases the kind of luxury and functionality available in the market. With a heated saltwater pool, screened lanai, and tranquil lake views, it exemplifies the high standard of living Sarasota buyers can expect.
Investment Potential
With prices adjusting downward and inventory on the rise, 2025 presents a unique window for buyers to secure a Sarasota condo at a more favorable price point. Whether you’re looking for a primary residence, a vacation getaway, or a rental investment, the current market dynamics offer excellent value and long-term appreciation potential.
Why Work with Brad Deakin: Sarasota’s #1 Real Estate Expert
Navigating a shifting real estate market requires local expertise, negotiation skills, and a deep understanding of Sarasota’s diverse condo communities. That’s where Brad Deakin stands out.
Who is Brad Deakin?
Brad Deakin is widely recognized as the #1 real estate agent in Sarasota, Florida. As a licensed realtor with the RE/MAX Select Group, Brad specializes in helping clients find their perfect primary homes, vacation condos, and investment properties throughout Sarasota and the surrounding areas. His track record of success, market knowledge, and client-first approach have earned him a reputation as the go-to expert for Sarasota Florida condos for sale.
What Sets Brad Deakin Apart?
- Local Market Mastery: Brad’s in-depth knowledge of Sarasota’s neighborhoods, condo associations, and market trends ensures that buyers get the best possible advice and access to the most desirable properties.
- Negotiation Power: In a buyer’s market, negotiation is key. Brad’s experience and relationships with local sellers and agents give his clients a distinct advantage at the bargaining table.
- Personalized Service: Brad takes the time to understand each client’s unique needs, preferences, and goals. Whether you’re a first-time buyer or a seasoned investor, he tailors his approach to deliver results.
- Comprehensive Support: From property tours and virtual showings to contract negotiations and closing, Brad guides clients through every step of the process, making buying a Sarasota condo seamless and stress-free.
How to Start Your Sarasota Condo Search
If you’re considering buying a condo in Sarasota, now is the time to act. Here’s how to get started:
- Define Your Priorities: Consider your budget, desired location, preferred amenities, and lifestyle needs.
- Consult with Brad Deakin: As Sarasota’s leading real estate expert, Brad will help you refine your search, identify the best opportunities, and provide insights into market trends and pricing.
- Tour Properties: Explore Sarasota’s top condo communities in person or via virtual tours.
- Make an Offer: With Brad’s negotiation expertise, you’ll be well-positioned to secure your dream condo at the right price.
- Close with Confidence: Brad and his team will handle all the details, ensuring a smooth and successful transaction.
Final Thoughts: Your Sarasota Condo Awaits
The Sarasota Florida condo market in 2025 is a landscape of opportunity for buyers. With increased inventory, more negotiable prices, and a wealth of options in prime coastal neighborhoods, there has never been a better time to make your move. But success in this market requires the guidance of a true local expert.
Brad Deakin’s reputation as Sarasota’s #1 real estate agent is built on results, integrity, and unmatched client service. If you’re searching for Sarasota Florida condos for sale, trust Brad to help you find the perfect property, negotiate the best deal, and turn your Gulf Coast dream into reality.
Ready to begin your Sarasota condo journey? Contact Brad Deakin today and experience the difference that expertise makes.
Brad Deakin
941-280-6885
Brad@TheHallerGroup.com
