SARASOTA, Fla. (September 23, 2025) – The REALTOR® Association of Sarasota and Manatee (RASM) has released its August 2025 real estate market report, offering a comprehensive analysis of key trends across both counties. According to data from Florida REALTORS®, the August 2025 housing market in Sarasota and Manatee counties reflects a region in transition, with increasing balance between buyers and sellers. Single-family homes experienced modest year-over-year growth in sales, with Sarasota holding steady on pricing while Manatee saw slight declines. Meanwhile, Sarasota’s townhome and condo market posted strong sales growth, while Manatee’s condo sector experienced fewer transactions.
Across both counties, inventory levels remain higher than last year, though they have started to soften slightly over the past few months. This shift has contributed to slower sales, as properties now take over 100 days to close on average, signaling that buyers have more time and options when making decisions.
Key Trends in Sarasota/Manatee August 2025:
• Sales Activity: Both counties saw modest growth or stability in single-family closed sales compared to last August. Townhomes and Condos in Sarasota posted strong growth, while Manatee saw a decline year-over-year.
• Median Sales Price: Single-family prices held steady or dipped slightly year-over-year. Condo
prices softened notably.
• Inventory: Inventory has notably increased year-over year but has started to soften over the last
couple of months. The condo and townhome market, especially in Sarasota, are edging toward a
buyer’s market, while single-family homes remain more balanced.
• Speed of Sales: Homes are taking longer to sell, as time to sale now exceeds 100 days in all
segments.