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 Homes Group · SarasotaHomes.com · Bright Realty · Data: RASM / Florida Realtors®
Sarasota County: Single-Family Home Sales Stats
Sarasota County’s single-family market stayed active in May, with closed sales jumping 7.2% year-over-year to 845 transactions. Prices held steady at $475,000, up 2.2% from last May. Inventory continued to tighten, and homes averaged just 50 days to contract.
Sales Activity
845 closed sales, up 7.2% year-over-year. Inventory tightened sharply, with months supply falling to 4.4, signaling continued buyer demand heading into summer.
Median Price
$475,000, up 2.2% from May 2025. Prices remain firm as supply continues to compress across the county.
Inventory
Active listings declined to a 4.4-month supply. Median days to contract was 50.
Sarasota County: Condo & Townhomes Sales Stats
The condo and townhome market in Sarasota County posted solid gains in May, with closed sales up 8.5% and inventory continuing to shrink. Prices ticked higher, making this segment one to watch heading into the second half of the year.
Sales Activity
371 closed sales, up 8.5% year-over-year. Buyer activity is picking up across the condo segment.
Median Price
$336,829, up 4.9% from May 2025. Sellers are seeing modest but steady price appreciation.
Inventory
Active listings represent a 7.1-month supply. Median days to contract was 67.
Manatee County
Sarasota Homes Group · SarasotaHomes.com · Bright Realty · Data: RASM / Florida Realtors®
Manatee County: Single-Family Home Sales Stats
Manatee County’s single-family market remained competitive in May, with inventory tightening to 4.4 months of supply despite a slight dip in median price. Homes moved quickly, averaging just 47 days to contract.
Sales Activity
782 closed sales, essentially flat year-over-year at -0.5%. Demand remains consistent with strong absorption across price points.
Median Price
$460,000, down 3.8% from May 2025. The price adjustment is modest and reflects a normalizing market rather than weakness.
Inventory
Active listings fell to a 4.4-month supply, down 15.4% year-over-year. Median days to contract was 47.
Manatee County: Condo & Townhomes Sales Stats
Manatee County condos and townhomes showed resilience in May, with closed sales up 8.7% year-over-year and inventory tightening meaningfully. Median price softened slightly, keeping the segment accessible for buyers watching their budget.
Sales Activity
288 closed sales, up 8.7% year-over-year. New buyer interest is growing in the condo segment across Manatee County.
Median Price
$297,000, down 5.1% from May 2025. The price softness combined with tightening supply creates a window of opportunity for buyers.
Inventory
Active listings represent a 6.3-month supply, down 20.3% year-over-year. Median days to contract was 61.
Our Team’s Take On Current Market
May’s numbers reinforce what April started. Sales are up across nearly every segment, inventory keeps shrinking, and prices are holding or climbing in most categories. The condo market in both counties is showing consistent momentum now, not just a one-month blip. Manatee single-family prices pulled back slightly, but with months supply down 15% year-over-year, that softness is unlikely to last. The negotiating window for buyers is narrowing. If you are waiting for prices to drop meaningfully, the data is not supporting that bet right now.
Local Real Estate Performance Reports
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Is the Sarasota Real Estate Market Hot, or Cold?
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- Average Price
- Days on Market
- Active, Sale Pending, and Sold Volume
- Current Inventory Supply
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