Summary

Sarasota & Manatee Housing Market Update – September 2025

The latest report from the REALTOR® Association of Sarasota and Manatee (RASM) shows the housing market is stabilizing and becoming more balanced for both buyers and sellers.

Key Takeaways:

• Sales Are Up: Closed sales rose year-over-year for both single-family homes and condos, reflecting renewed buyer activity.
• Prices Moderate: Median sales prices are stabilizing. Single-family homes in Sarasota saw a slight dip to $450,000, while Manatee held steady at $470,000. Condo prices fell more noticeably, creating opportunities for buyers.
• Inventory Trends: Active listings are higher than last year but have eased recently, signaling supply is stabilizing. Homes are taking longer to sell, giving buyers more negotiating power.
• Opportunities for Buyers & Sellers: The market now favors informed decision-making. With prices stabilizing and inventory adjusting, buyers have more choices, and sellers need smart pricing strategies.

“Working with a REALTOR® is more important than ever,” says Debi Reynolds, RASM President. Expert guidance helps both buyers and sellers make confident, competitive decisions in today’s market.