Downtown Sarasota and the Rosemary District remain two of the most resilient submarkets on Florida's Gulf Coast. Anchored by the Bayfront, Burns Court, and a wave of new mixed-use construction, the urban core has held value through every recent cycle. February 2026 data shows steady demand for walkable condos and single-family historic homes alongside a measurable +4% gain in the Rosemary District.
February 2026 data shows Downtown Sarasota holding above the $1M median mark across both single-family and condo product, while the Rosemary District continues its multi-year run of mid-single-digit appreciation.
| Metric | Feb 2026 | YoY Change |
|---|---|---|
| Downtown Sarasota Median Sale Price | $1,047,500 | ▲ YoY Growth |
| Single-Family Median | $1,022,500 | ▲ Steady |
| Condo Median | $1,010,000 | ▲ Stable |
| Rosemary District Median | $646,000 | ▲ 4.0% |
The Downtown Sarasota median sale price sits at roughly $1,047,500, with single-family homes at ~$1,022,500 and condos at ~$1,010,000. The urban core has avoided the deeper corrections seen in less-walkable Gulf Coast submarkets thanks to constrained land supply, a tight historic district overlay in Burns Court and Laurel Park, and continued relocation demand from the Northeast and Midwest.
Rosemary's median reached ~$646,000 in early 2026, a +4% year-over-year increase. New mixed-use construction continues to deliver inventory in the $500K–$1.5M range, and absorption remains healthy. For buyers, Rosemary is still the most accessible entry point into walkable downtown Sarasota.
Downtown addresses generally zone to Alta Vista Elementary, Booker Middle School, and Riverview High School (zoning varies by exact address — always verify). Top private options include Out-of-Door Academy, Cardinal Mooney Catholic, and Sarasota Military Academy, all within a short drive of the downtown core.
"Downtown Sarasota continues to outperform on a per-square-foot basis. The Bayfront, the arts scene, and a tight historic core keep demand structurally high even as inventory expands."
— Dave Giampietri, February 2026
The Bayfront, Van Wezel, Sarasota Opera, Burns Court Cinema, and a dense gallery and theater scene anchor a year-round cultural calendar found in few cities of this size.
Main Street, Palm Avenue, and the Rosemary District put restaurants, coffee, fitness, and the Saturday Farmers Market within a short walk of most condos and historic homes.
Alta Vista, Booker, and Riverview anchor the public side; Out-of-Door Academy, Cardinal Mooney, and Sarasota Military Academy headline the private options — all within easy reach of downtown.
Negotiate on Terms. With inventory expanding, ask for closing-cost credits, repairs, or mortgage rate buy-downs — well-priced sellers will engage.
Rosemary First. If $600K–$1M is your range, Rosemary new construction is still the best entry point into walkable downtown Sarasota.
Price it Right from Day One. Use the most recent 30–60 day comps, not 2022 peaks. Above-$1M condos in particular require sharp pricing.
Stage for the Lifestyle. Downtown buyers are buying the walkability and Bayfront lifestyle as much as the unit itself — show it.
Downtown Sarasota in February 2026 is a healthy, above-$1M market with the Rosemary District up +4% YoY. Constrained land supply, a walkable urban core, and a deep cultural and lifestyle base continue to underwrite demand. For both buyers and sellers, the right strategy now is data-driven and patient — but the fundamentals remain among the strongest on the Gulf Coast.
Talk to Dave About Your MarketData sourced from Stellar MLS / Sarasota market reports. Updated February 2026. Dave Giampietri Group, eXp Realty.