According to data from Florida REALTORS®, the housing market in Sarasota and Manatee counties may be showing early signs of leveling off, particularly as the rapid pace of inventory growth begins to slow. While inventory levels remain elevated compared to last year, the month-over month increases have started to moderate, hinting at a potential stabilization. This shift could signal a more balanced environment ahead, where buyer demand and available supply begin to align more closely.

The housing markets in Sarasota and Manatee counties each showed their own unique trends, setting them apart from each other and from what’s happening in the rest of the country. Despite these differences, both counties maintained relative balance within the single-family home sector. A balanced market presents valuable opportunities for both buyers and sellers, fostering a healthier and more competitive real estate environment. 

The housing market in Sarasota and Manatee counties showed a shift toward a more balanced, or even buyer-friendly, environment in February 2025. Across all property types, sales activity slowed compared to the previous year, while inventory levels grew, creating more options for buyers. Home prices showed signs of softening, with declines in median and average sale prices across most segments.

the housing market in Manatee and Sarasota Counties shows a clear slowdown, with fewer sales, lower prices, and longer times to sell. There are more homes for sale, and buyers aren’t competing as much, shown by sellers getting lower offers compared to their original asking prices.

Both counties saw a noticeable slowdown in the housing market, with single-family homes and condos experiencing declines in sales. Median sale prices decreased across various property types, and properties remained on the market longer before going under contract. The slowdown may be partly attributed to the impact of Hurricane Debby’s flooding, which likely disrupted buyer activity and contributed to uncertainty in the market.

According to data compiled by Florida Realtors®, the real estate markets in Sarasota and Manatee counties have returned to conditions similar to those seen before the COVID-19 pandemic, reflecting a market correction that brings us back to pre-pandemic norms.

The data highlights a trend towards a more balanced market across both counties, with increasing inventory levels and more moderate price changes.

Median and average sale prices vary, with some areas showing increases and others decreases, reflecting local market conditions and demand.

The data reveals a significant shift in the market dynamics of both counties, marked by rising inventory levels, extended time on the market, and varying price trends.

The real estate markets in Sarasota and Manatee counties have undergone significant changes throughout the first quarter of 2024, reflecting broader economic influences and evolving buyer and seller behaviors.

The housing market in January 2024 mirrors the trends observed in the latter half of 2023, as per data released by Florida REALTORS® and analyzed by the REALTOR® Association of Sarasota and Manatee (RASM).

The 2023 housing market for Sarasota and Manatee counties are showing signs of stabilization, marked by a return of housing inventory to pre-COVID levels.

The demand for housing in Sarasota and Manatee counties remains strong despite the higher interest rates and home prices. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), November showed a continued rise in the month’s supply of inventory, approaching the levels seen leading up to the pandemic.

Housing inventory in both Sarasota County and Manatee County is on the rise, marking the highest number of listings reported this year in October. The latest data, sourced from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), indicates an uptick in home sales and an influx of new listings added to the market.

The North Port-Sarasota-Bradenton MSA’s housing market in August showcased more inventory and higher prices than the previous year, as reported by the REALTOR® Association of Sarasota and Manatee (RASM) with data from Florida REALTORS®. Although the region’s sales declined marginally compared to the previous year, Manatee County’s single-family sales bucked that trend with a 6.9 percent increase.

According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), Manatee County saw year-over-year transaction growth, while Sarasota County maintained higher prices.

Home sales in Manatee County have increased year-over-year for the second consecutive month in June of 2023. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), closed sales are up this month, new listings are down, and home values have stayed higher overall when compared to the same time last year.

Despite the persistence of higher home prices and interest rates, buyer demand is still present in the Sarasota and Manatee housing market. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and ...

The housing market in Sarasota and Manatee counties reported nearly 50 percent more sales in March than the month immediately prior, while single-family home sales in Manatee County increased year-over-year for the first time in 12 consecutive ...

Home sales in Sarasota and Manatee counties showed a year-over-year decline but a month-over-month increase in February. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), ...

The Sarasota and Manatee housing market starts off the year with a continued rise in the supply of homes for sale. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), the ...

The 2022 housing market for Sarasota and Manatee counties reported some of the highest recorded home prices throughout the year. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee ...

November home sales in the two-county region are as low or lower than the lag reported from Hurricane Ian just a few months ago. Median sales prices continue to show year-over-year increases, while other factors point toward more typical market ...

The latest data for the Sarasota and Manatee housing market continues to follow the same trend of fewer sales and rising inventory in September, alongside a few closing delays caused by Hurricane Ian’s arrival at the end of the month. ...

Click HERE for the April 2020 statistics press release and summary charts. The May 2020 report will be released June 22, 2020. SARASOTA, Fla. (May 21, 2020) – When Governor Ron DeSantis signed a stay-at-home order for the month of April 2020, ...