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 · 24-month rolling
Sarasota Homes Group · SarasotaHomes.com · Bright Realty · Data: RASM / Florida Realtors®
Sarasota County: Quarter 3 Single-Family Home Stats
Sarasota County single-family sales rose 3.0% in Q3 to 2,071 homes. The median sale price climbed 3.7% to $485,000. Sellers received 94.4% of their original list price, up from 91.9% a year ago. Homes went under contract in a median of 52 days, down from 68. Active listings fell 16.2% to 2,629, and months supply dropped from 4.8 to 3.7. Conditions still favor sellers. September closed strong with 681 sales, up 5.4%, and a median price of $485,000, up 7.8%. The luxury segment saw 9 sales at $10 million or more, compared to 1 in Q3 2025.
Sales Activity
2,071 homes sold in Q3, up 3.0% from last year. Homes went under contract in a median of 52 days, down from 68. New pending sales rose 1.7% to 2,008. September closings rose 5.4% to 681.
Median Price
The median sale price rose 3.7% to $485,000. Sellers received 94.4% of original list price, up from 91.9%. Septemberโs median hit $485,000, up 7.8%. Nine homes sold for $10 million or more, compared to 1 last year.
Inventory
Active listings fell 16.2% to 2,629. Months supply dropped from 4.8 to 3.7. Inventory keeps shrinking, so conditions still favor sellers.
Sarasota County: Quarter 3 Condo & Townhomes Stats
Sarasota condo and townhome sales jumped 26.8% in Q3 to 908 units, the biggest gain of the four segments. The median sale price rose 6.4% to $324,380. Cash buyers made up 60.9% of sales. Sellers received 92.0% of original list price, up from 88.4%. New pending sales rose 20.0% to 870. Active listings fell 12.0% to 1,601, and months supply dropped from 6.8 to 4.9. September sales rose 34.3% to 309, with a median price of $335,000, up 6.3%. Ten condos sold for $10 million or more in Q3, compared to none last year. Those sales pushed the average price up 77.2%, so the median is the better guide.
Sales Activity
908 units sold in Q3, up 26.8%, the biggest gain of the four segments. New pending sales rose 20.0% to 870. Cash buyers made up 60.9% of sales. September closings jumped 34.3% to 309.
Median Price
The median sale price rose 6.4% to $324,380. Sellers received 92.0% of original list price, up from 88.4%. Septemberโs median reached $335,000, up 6.3%. Ten condos sold for $10 million or more, which pushed the average price up 77.2%, so the median is the better guide.
Inventory
Active listings fell 12.0% to 1,601. Months supply dropped from 6.8 to 4.9, close to a balanced market.
Manatee County
Manatee County Market Trends
Single-Family & Condo · 24-month rolling
Sarasota Homes Group · SarasotaHomes.com · Bright Realty · Data: RASM / Florida Realtors®
Manatee County: Quarter 3 Single-Family Home Stats
Manatee County single-family sales rose 4.2% in Q3 to 2,017 homes. The median sale price climbed 3.2% to $490,000. Sellers received 95.6% of original list price, up from 93.8%. Median time to contract fell from 59 to 49 days. Active listings dipped 1.7% to 2,610, and months supply fell from 4.2 to 3.9. September was softer: closings fell 3.9% to 636 and new pending sales fell 3.6% to 559. The median price still rose 3.2% to $485,000.
Sales Activity
2,017 homes sold in Q3, up 4.2%. Homes went under contract in a median of 49 days, down from 59. New pending sales held flat at 1,877. September was softer: closings fell 3.9% to 636 and new pendings fell 3.6% to 559.
Median Price
The median sale price rose 3.2% to $490,000. Sellers received 95.6% of original list price, up from 93.8%. Septemberโs median was $485,000, up 3.2%.
Inventory
Active listings dipped 1.7% to 2,610. Months supply fell from 4.2 to 3.9, which still favors sellers.
Manatee County: Quarter 3 Condo & Townhomes Stats
Manatee condo and townhome sales rose 13.9% in Q3 to 703 units. The median sale price rose 2.3% to $307,000. Cash buyers made up 49.4% of sales. Sellers received 92.8% of original list price, up from 90.3%. Median time to contract fell from 82 to 73 days. New pending sales rose 14.5% to 639. Active listings fell 13.9% to 1,191, and months supply dropped from 6.3 to 5.0. September sales rose 3.7% to 224, and the median price held flat at $296,500.
Sales Activity
703 units sold in Q3, up 13.9%. New pending sales rose 14.5% to 639. Cash buyers made up 49.4% of sales. Homes went under contract in a median of 73 days, down from 82. September closings rose 3.7% to 224.
Median Price
The median sale price rose 2.3% to $307,000. Sellers received 92.8% of original list price, up from 90.3%. Septemberโs median held flat at $296,500.
Inventory
Active listings fell 13.9% to 1,191. Months supply dropped from 6.3 to 5.0, close to a balanced market.
Our Team’s Take On Current Market
Q3 delivered more closings and higher median prices in all four segments across Sarasota and Manatee. Condos and townhomes drove the growth, up 26.8% in Sarasota and 13.9% in Manatee.
New listings rose in every segment, yet inventory still ended September below last year. Buyers are absorbing new supply as fast as it comes on the market. Single-family sits at 3.7 months in Sarasota and 3.9 in Manatee, which favors sellers. Condos at 4.9 to 5.0 months are close to balanced.
Watch single-family heading into Q4. September closings rose in Sarasota but fell in Manatee, and new pending sales dropped in both counties. That is a soft spot, not a trend yet.
If you are selling, well-priced homes are getting 94% to 96% of original list and going under contract faster than last year. If you are buying, the condo market gives you the most room to negotiate. Countywide numbers only tell part of the story, so call us for the data on your neighborhood and price range.
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