The REALTORĀ® Association of Sarasota and Manatee released its year end 2025 housing market report, providing a detailed view of real estate activity across both counties. The data shows a market that continues to shift, with clear differences between single family homes and condos, and between Sarasota and Manatee County. If you are buying or selling, these local details matter.
Throughout 2025, demand, pricing, and inventory moved in different directions depending on property type. December numbers reinforced those patterns and closed the year with a clear picture of where the market stands heading into 2026.
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Key Year-End 2025 Trends
Sales activity
- Sarasota single family sales increased 9.3% to 8,183 homes
- Sarasota condo & townhouse sales declined 4.3% to 3,295 units
- Manatee single family sales edged up 0.5% to 7,521 homes
- Manatee condo and townhouse sales rose 4.8% to 2,719 units
Pricing
- Sarasota single family median price fell 6% to $474,700
- Manatee single family median price declined 5% to $475,000
- Sarasota condo median price dropped 15.3% to $325,000
- Manatee condo median price decreased 8.6% to $310,000
Inventory levels
- Sarasota single family inventory tightened to 3,211 homes, or 4.7 months of supply
- Sarasota condo inventory expanded to 2,231 units, or 8.1 months of supply
- Manatee single family inventory rose to 2,687 homes, or 4.3 months of supply
- Manatee condo inventory held steady near 1,480 units, or 6.5 months of supply
Time on market
- Sarasota single family homes took a median of 99 days to sell
- Manatee single family homes averaged 104 days
- Sarasota condos took about 112 days
- Manatee condos averaged 115 days
Single Family Home Market Overview
Sarasota County posted a solid year for single family homes. Closed sales climbed to 8,183 transactions, with cash purchases accounting for 40.8 percent of all sales. Even with stronger sales volume, prices cooled. The median price slipped to $474,700, while the average price declined to $682,999. Sellers typically received 93 percent of their original list price.
Manatee County experienced steadier conditions. Sales reached 7,521 homes, up slightly from 2024. The median price fell to $475,000, and the average price decreased to $635,041. Cash buyers represented 30.1 percent of transactions. Sellers retained solid negotiating power, receiving a median of 94.6 percent of their original asking price.
Condo and Townhouse Market Overview
Sarasotaās condo and townhouse segment faced the most pressure in 2025. Closed sales declined to 3,295 units. Cash transactions remained high at 64.7 percent. Pricing saw sharper corrections, with the median sale price dropping to $325,000 and the average price falling to $514,980. This reflects weaker demand in higher end condo inventory. Sellers accepted a median of 90.5 percent of list price, while inventory grew significantly.
Manatee Countyās condo market performed better by comparison. Sales increased to 2,719 units, with cash deals making up 51.6 percent of purchases. Prices still softened, but less dramatically than in Sarasota. The median price settled at $310,000, and sellers received about 92.6 percent of their original list price. Inventory levels remained relatively balanced.
What This Means for Buyers and Sellers
The 2025 data makes one thing clear. There is no single Sarasota Manatee housing market. Single family homes showed resilience with manageable price adjustments. Condos and townhomes, especially in Sarasota, saw deeper price corrections and longer selling timelines.
Your outcome depends on where you buy or sell, what type of property you own, and how it is positioned. Local expertise matters more than ever when conditions vary this widely.
Market data is provided monthly by Florida RealtorsĀ®, using information from Stellar MLS. For full historical statistics going back to 2015, visit MyRASM.com/statistics.
