The Center Team

Sarasota’s luxury offerings span a stunning variety—from waterfront estates and beachfront mansions on Siesta and Longboat Key to golf-course mansions, modern urban condos, historic renovations, and private gated-community estates.

The luxury market remains robust in 2025, characterized by limited inventory, rising demand, and strong price appreciation—especially for waterfront properties.

Luxury home prices in Sarasota have steadily climbed—from approximately $1.2M in 2021 to around $1.5M in 2025—reflecting about a 5% annual growth rate.

Yes—with inventory gradually increasing and some seasonal price corrections, savvy buyers may be gaining more leverage.

High-end buyers gravitate toward ultra-premium areas like Siesta Key, Longboat Key, Lido Key, Bird Key, and gated golf communities due to their exclusivity, scenic views, and upscale lifestyle amenities.

Emerging trends include smart-home tech integration, sustainability, wellness-focused features (spa bathrooms, home gyms, biophilic design), and ultra-private resort-style living. Signature projects like The Ritz-Carlton Residences and BLVD Sarasota demonstrate these evolving preferences.

Despite a general cooling in Florida’s housing market—driven by higher insurance costs, property taxes, and increasing inventory—Sarasota’s luxury segment remains resilient due to its unique lifestyle appeal and strong investor interest.