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

October 2025 Report – Single Family Homes

Most Recent Sarasota Statistics – Condominiums

October 2025 Report – Condominiums

Bill’s October 2025 Monthly Report

• Sales activity. Closed sales increased year over year across all property types. Stable weather and a quiet hurricane season helped support stronger buyer activity.
• Median sales price. Single family prices stayed flat or edged down. Condo prices continued to soften, most noticeably in higher price ranges.
• Inventory. Inventory increased year over year in every segment, with the sharpest rise in condos. Month to month growth has slowed, which signals a possible leveling in supply.
• Speed of sales. Homes are taking longer to sell than last year. Condo days on market saw the biggest jump as buyers compare more options and sellers adjust pricing.

Would you like me to make this even more concise—almost like bullet points for a presentation—or keep it more descriptive for a report?

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SINGLE FAMILY HOMES

Sarasota County:
n October 2025, Sarasota County recorded 668 closed single family sales, a 29.7 percent increase compared with last year. The median sale price fell 9.2 percent to $445,000, showing a cooler market. Cash buyers accounted for 40.4 percent of sales. Sellers received a median of 92.4 percent of their original list price. Active inventory rose 11.5 percent year over year to 3,291 listings, and months supply reached 5.0 months. Homes needed a median of 61 days to go under contract and 106 days to close, both higher than last year.

Manatee County:
In Manatee County, 596 single family homes sold in October, a 26.8 percent increase from last year. The median price held at $481,000, up 0.2 percent from October 2024. Cash buyers made up 27.2 percent of sales, and sellers received 94.9 percent of their original list price. Active inventory rose 12 percent year over year to 2,671 listings, and months supply reached 4.2 months. Homes needed a median of 55 days to go under contract and 105 days to close, both higher than last year but slightly better than recent months.

“October’s numbers show just how far our single-family market has come since last year’s storm disruption,” said Debi Reynolds, 2025 RASM President and Managing Broker at SaraBay Real Estate. “The spike in closed sales reflects a true rebound in consumer confidence, while more stable pricing and inventory suggest the market is finding its footing again. It’s a strong sign of resilience in both counties.”

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TOWNHOMES & CONDOS

Sarasota County:
In October 2025, Sarasota County recorded 246 closed condo and townhome sales, a 23.0 percent increase from October 2024. The median price fell 19.5 percent to $310,000 as higher end demand cooled. Cash buyers made up 63.4 percent of all condo sales. Sellers received 89.2 percent of their original list price, down from 94.4 percent last year. Active condo inventory rose 23.6 percent year over year to 2,029 units, and months supply reached 7.5 months, showing a move toward a buyer’s market. The median time to contract was 101 days, and the median time to sale was 141 days, both much higher than last year.

Manatee County:
Manatee County reported 175 closed condo and townhome sales in October, an 8.0 percent increase from last year. The median price fell 10.8 percent to $292,500. Cash buyers accounted for 53.7 percent of sales, and sellers received 92.0 percent of their original list price. Active inventory reached 1,405 units, up 9.3 percent year over year. Months supply remained at 6.3 months. Homes took a median of 86 days to secure a contract and 128 days to close, both higher than October 2024.

“Sellers in the condo market are adjusting to the reality of more competition and price sensitivity,” added Reynolds. “It’s more important than ever to price strategically and work with a REALTOR® who understands current trends and buyer expectations.”

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Our Take

Year over year numbers look strong, but the comparison is skewed by the sharp slowdown during the October 2024 hurricane season. That drop makes this year’s gains appear larger than they may feel on the ground. Recent trends show a market that is settling. Sales, pricing, and inventory all point to steady normalization in Sarasota and Manatee. Working with a REALTOR is important in this environment. You need someone who can interpret current conditions, guide pricing, and help you make clear decisions in a shifting market.

As we move into the final month 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