SARASOTA, Fla. (July 23, 2025) – This Real Estate Market Report highlights the latest trends from the RASM Market Statistics for June 2025, released by the REALTOR® Association of Sarasota and Manatee (RASM). According to data from Florida REALTORS®, the housing market in Sarasota and Manatee counties continued to show signs of cooling, with year-over-year declines in median sale prices across all property types. While closed sales remained relatively steady in Sarasota, Manatee saw modest declines, particularly in the single-family segment. Rising inventory levels and extended time on market suggest a shift toward a buyer’s market, though the months supply of inventory has begun to level out — a possible indicator of market stabilization ahead.
June 2025 Housing Trends from the RASM Market Statistics
- Median Sale Prices are down across all categories year-over-year. Manatee County single-family homes saw the steepest decline at -15.2%, based on the latest Sarasota-Manatee real estate statistics.
- Inventory is notably higher compared to last year. Single-family homes reflect a more balanced market, while townhomes and condos skew more toward buyers with greater negotiating leverage.
- Median Percent of Original List Price Received is now under 95%, signaling increased buyer flexibility and pricing adjustments, according to the RASM housing report.
- Time to Sale has lengthened significantly, with homes spending nearly or over 100 days on the market, contributing to a slower pace of transactions in both counties.
What This Month’s Numbers Mean for Buyers and Sellers
These latest insights from the RASM Market Statistics indicate that both buyers and sellers should adjust expectations. Buyers now have more options and leverage, especially in the condo segment. Meanwhile, sellers should focus on strategic pricing and staging to remain competitive in this changing market environment. With continued changes in inventory levels and pricing trends, real estate professionals remain a vital resource in guiding clients through these shifts. This Real Estate Market Report reinforces the importance of staying informed when navigating a shifting housing landscape.
For a detailed breakdown of the June 2025 market data, view the full RASM Market Statistics report here and explore additional insights today.
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