SARASOTA, Fla. (November 20, 2025) – The REALTOR® Association of Sarasota and Manatee (RASM) has released its October 2025 real estate market report, offering a detailed look at post-hurricane recovery trends across the region. According to data from Florida REALTORS®, the housing market in Sarasota and Manatee counties posted a strong year-over-year rebound in October, one year after Hurricane Milton disrupted closings and listings in fall 2024.
The October figures show double-digit growth in closed sales across both single-family homes and condos, particularly compared to the depressed activity levels of October 2024. Inventory remains elevated relative to last year but has continued its stabilization month-to-month, while prices have continued to normalize. As the market rebalances, both buyers and sellers are adjusting expectations and timelines.
Key Trends in Sarasota/Manatee October 2025:
• Sales Activity: Closed sales saw robust year-over-year increases across all property types, mainly due to having no hurricanes make landfall in the Sarasota/Manatee region this year.
• Median Sales Price: Single-family prices held mostly steady or dipped slightly, while the condo market continued to soften, especially in higher-end segments.
• Inventory: Inventory levels rose year-over-year across all segments, particularly for condos. However, month-over-month increases have slowed, pointing to a possible plateau in available supply.
• Speed of Sales: Homes are spending more time on the market than a year ago, especially condos, as buyers become more selective and sellers price more competitively.
