Latest Sarasota FL Housing Market Statistics

Is The Sarasota Real Estate Market Hot or Cold?

The Sarasota FL. housing market statistics are changing every day. We compile and display the Sarasota housing market data IN REAL TIME! There are a lot of factors to consider when determining a listing price, or deciding on a purchase price you would like to offer as a buyer. Our goal is to help our clients make the best decisions which leads to meeting their goals, whether it is to pay as little as possible, or to get the highest price as a seller. Do not hesitate to contact us to discuss the current market for your area of interest!

Most Recent Sarasota Statistics – Single Family Homes

July 2025 Report – Single Family Homes

Most Recent Sarasota Statistics – Condominiums

July 2025 Report – Condominiums

Bill’s June 2025 Monthly Report

The Sarasota and Manatee housing markets continued to cool down in June 2025. Compared to last year, we’re seeing lower median sale prices for all types of homes in both counties. While Sarasota’s closed sales have stayed pretty steady, Manatee has experienced a slight drop—especially with single-family homes.

We’re noticing the definite change in the market—home prices are dropping, and properties are staying on the market longer. Buyers have more negotiating power right now, so sellers need to be flexible.

In this shifting market, having an experienced REALTOR® on your side is more valuable than ever.

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SINGLE FAMILY HOMES

In July 2025, Sarasota County reported 723 single-family home sales, a 12.6 percent increase year-overyear. The median sale price remained steady from July 2024 at $470,000 but increased from the previous month. Cash buyers accounted for 37.8 percent of all closed sales. The median percent of the original list price received by sellers was 91.0 percent, signaling an increase in buyer leverage.

Inventory levels increased by 16.5 percent year-over-year to 3,574 active listings, but have been trending downward since May 2025, bringing the months supply to a balanced 5.6 months. The median time to contract and median time to sale increased from the previous month to 63 days and 105 days, respectively.

TOWNHOMES & CONDOS

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In July 2025, Sarasota County reported 239 townhome and condo sales, a 16.1 percent decrease yearover-year. The median sale price fell 17.8 percent year-over-year to $300,000, with 60.7 percent of sales being cash purchases. The median percent of the original list price received by sellers was 88.3 percent.

Inventory levels increased by 12.5 percent from year-over-year to 2,000 active listings, but have steadily decreased since March 2025, bringing the months supply to 7.5 months. The median time to contract and the median time to sale remained steady from the previous month at 72 days and 113 days, respectively.

In July 2025, Manatee County reported 201 townhome and condo sales, a 10.7 percent decrease yearover-year. The median sale price fell 2.7 percent to $320,000 with 46.8 percent of sales being cash purchases. The median percent of the original list price received by sellers was 91.0 percent.

Inventory levels increased by 20.3 percent year-over-year to 1,517 active listings, but has also seen decreases since April 2025, bringing the months supply to 7.0 months. The median time to contract increased from the previous month to 70 days and the median time to sale stayed constant at 111 days.

Our Take

The market has cooled compared to last year but is showing steadier conditions month to month. Buyers now hold more leverage, as homes are taking longer to sell and the median sale-to-list price ratio has slipped below 95 percent. However, the slower pace of new listings suggests the market is moving toward a healthier balance.

As we move into the second half of 2025, single-family homes remain the foundation of the market, while condos and townhomes continue to adapt to changing buyer preferences. In this shifting environment, partnering with an experienced REALTOR® is key for both buyers and sellers to navigate negotiations, pricing strategies, and inventory trends with confidence. When you’re ready, we’re ready!

-Bill