The following report, information and statistics are from the Realtor Association of Sarasota and Manatee Board of Realtors as published for the Realtor Members on June 22, 2023 for closed May 2023 Business.

Sarasota-Manatee Housing Market Begins to Stabilize, but Remains a Seller's Market

SARASOTA, Fla. (June 22, 2023) – 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 Manatee (RASM), May 2023 showed an ongoing rise in the month’s supply of inventory accompanied by an increase in the time it took properties to go under contract.

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