Sarasota Real Estate Information - Sarasota Real Estate Reports

Sarasota Real Estate Report: October 2023

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 November 21 for closed October 2023 Business. 

 Housing Inventory Climbs to Highest Point in 2023

SARASOTA, Fla. (November 21, 2023) – Housing inventory in both Sarasota County and Manatee County is on the rise, marking the highest number of listings reported this year in October. The latest data, sourced from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), indicates an uptick in home sales and an influx of new listings added to the market.

Closed Sales

Combined sales for both property types in the North Port-Sarasota-Bradenton MSA…

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Sarasota Real Estate Report: September 2023

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 October 19 for closed September 2023 Business. 

 September 2023 Home Sales Increase From Last Year's Hurricane

SARASOTA, Fla. (October 19, 2023) – Amidst the lingering impacts of Hurricane Ian's disruption to Florida's housing market last September, the latest data from Florida REALTORS® paints a contrasting picture for September 2023. While closed sales registered an unusually high year-over-year growth, median prices stayed relatively stable.

Closed Sales

In stark contrast to an irregular report caused by disruption from Hurricane Ian in September 2022, this September marked a…

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Sarasota Real Estate Report: August 2023

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 September 21 for closed August 2023 Business. 

 Continued Demand and Low Inventory Keeps Home Prices Steady in Sarasota and Manatee

SARASOTA, Fla. (September 21, 2023) – The North Port-Sarasota-Bradenton MSA’s housing market in August showcased more inventory and higher prices than the previous year, as reported by the REALTOR® Association of Sarasota and Manatee (RASM) with data from Florida REALTORS®. Although the region’s sales declined marginally compared to the previous year, Manatee County’s single-family sales bucked that trend with a 6.9 percent increase.

Year over Year…

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Sarasota Real Estate Report: July 2023

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 August 22, 2023 for closed July 2023 Business.

 Sarasota and Manatee Housing Prices Remain Stable Amid a Low Supply

SARASOTA, Fla. (August 22, 2023) – In July 2023, real estate activity in the Sarasota and Manatee region reflects nuanced trends between the two counties. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), Manatee County saw year-over-year transaction growth, while Sarasota County maintained higher prices. Additionally, inventory growth showed tempered increases compared to the initial growth that started in…

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Sarasota Real Estate Report: June 2023

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 July 20, 2023 for closed June 2023 Business.

 June Home Sales Increase in North Port-Sarasota-Bradenton

SARASOTA, Fla. (July 20, 2023) – Home sales in Manatee County have increased year-over-year for the second consecutive month in June of 2023. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), closed sales are up this month, new listings are down, and home values have stayed higher overall when compared to the same time last year.

Closed Sales

REALTORS® in the North Port-Sarasota-Bradenton MSA participated in 2,206…

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Sarasota Real Estate Report: May 2023

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.

Closed Sales

REALTORS®…

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Sarasota Real Estate Report: April 2023

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 May 18, 2023 for closed April 2023 Business. 

Manatee County's Median Home Price Surpasses Previous Record

SARASOTA, Fla. (May 18, 2023) – The housing market in Sarasota and Manatee counties reported year over-year increases in the median sale price for both property types, with single-family homes in Manatee County reaching a new record. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), pending sales show signs of positive growth, while closed sales and new listings have declined, reflecting an evolving market.

Closed…

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Sarasota Real Estate Report: March 2023

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 April 21, 2023 for closed March 2023 business. 

Sarasota-Manatee Home Sales Show Month-Over-Month Growth in March

SARASOTA, Fla. (April 21, 2023) – The housing market in Sarasota and Manatee counties reported nearly 50 percent more sales in March than the month immediately prior, while single-family home sales in Manatee County increased year-over-year for the first time in 12 consecutive months. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), inventory continues to grow while home values hold steady.

Closed Sales

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Sarasota Real Estate Report: February 2023

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 March 21, 2023 for closed February 2023 business. 

Home Prices and Inventory Rise in Sarasota and Manatee

SARASOTA, Fla. (March 21, 2023) – Home sales in Sarasota and Manatee counties showed a year-over year decline but a month-over-month increase in February. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), inventory continues to increase significantly from the same time last year while the number of days from listing to contract has also increased by more than 250 percent in the North Port-Sarasota-Bradenton MSA.

…

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Sarasota Real Estate Report: January 2023

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 February 21, 2023 for closed January 2023 business. 

Home Prices Hold Steady in January, Despite a Downturn in Sales

SARASOTA, Fla. (February 21, 2023) – The Sarasota and Manatee housing market starts off the year with a continued rise in the supply of homes for sale. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), the month’s supply of inventory for both property types increased year-over-year by more than 400 percent in the North PortSarasota-Bradenton MSA. Home prices continue to increase year-over-year in January,…

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