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!
Sarasota County
Sarasota County Market Trends
Single-Family & Condo ยท 24-month rolling
Sarasota Homes Group ยท SarasotaHomes.com ยท Bright Realty ยท Data: RASM / Florida Realtorsยฎ
Sarasota County: Single-Family Home Sales Stats
Sales rose 0.8% in August with 646 homes sold, while the median price slipped 1.1% to $470,000. Inventory keeps shrinking, down 20.8% from last year, so conditions still favor sellers.
Sales Activity
Closed sales increased 0.8% to 646 homes. New pending sales grew 1.1% to 665, while new listings rose 3.5% to 762.
Median Price
The median sale price fell 1.1% to $470,000. Sellers still closed the gap on asking price, receiving 94.7% of original list price versus 92.3% last year.
Inventory
Active listings dropped sharply, down 20.8% to 2,619 homes. Months supply fell to 3.7, a 28.8% year-over-year decline.
Sarasota County: Condo & Townhomes Sales Stats
Condo sales had a strong month, up 13.8% to 281 closings. Prices climbed too, up 3.3% to $310,000, giving sellers more leverage.
Sales Activity
Closed sales rose 13.8% to 281 units. New pending sales climbed 14.2% to 298.
Median Price
The median sale price rose 3.3% to $310,000. Cash buyers made up 59.8% of sales this month.
Inventory
Active listings declined 11.8% to 1,659 units. Months supply eased to 5.2, down 25.7% from August 2025.
Manatee County
Manatee County Market Trends
Single-Family & Condo ยท 24-month rolling
Sarasota Homes Group ยท SarasotaHomes.com ยท Bright Realty ยท Data: RASM / Florida Realtorsยฎ
Manatee County: Single-Family Home Sales Stats
Manatee had a solid single-family month, with sales up 5.7% to 687 homes. Prices rose 5.9% to $495,000, and supply tightened to 3.9 months, keeping sellers in control.
Sales Activity
Closed sales rose 5.7% year-over-year to 687 homes. New pending sales grew 4.4% to 665.
Median Price
The median sale price climbed 5.9% to $495,000. Sellers received 95.6% of their original list price, up from 94.8% last year.
Inventory
Active listings fell 7.0% to 2,616 homes. Months supply dropped to 3.9, down 15.2% from August 2025.
Manatee County: Condo & Townhomes Sales Stats
Condo sales climbed 20.5% to 241 closings, the strongest gain of the four segments this month. Prices rose too, up 5.4% to $307,000.
Sales Activity
Closed sales rose 20.5% to 241 units. New pending sales increased 8.0% to 230.
Median Price
The median sale price rose 5.4% to $307,000. Average sale price climbed 5.0% to $372,591, reflecting activity at higher price points.
Inventory
Active listings dropped 16.1% to 1,171 units. Months supply fell to 4.9, a 23.4% decline from last year.
Our Team’s Take On Current Market
August was another strong month across the board. Sales rose in every segment in both counties, and Manatee condos led the way, up 20.5% from last year.
Inventory keeps tightening on the single-family side. Months supply sits at 3.7 in Sarasota and 3.9 in Manatee, both well into seller’s-market territory. If you’ve been thinking about listing a house, this is a good window. If you’re buying, be ready to move quickly and expect competition.
Condo prices moved in the same direction for once. Both Sarasota and Manatee condo prices climbed this month, up 3.3% and 5.4% respectively, a shift from July when the two counties were pulling in opposite directions.
My advice stays the same: Don’t just look at the countywide numbers. Ask us about your specific neighborhood and price range, because that’s where things can look very different from the headline stats.
SARASOTA HOMES GROUP ยท Bright Realty
