Sarasota Real Estate Market Reports - In an effort to keep both buyers and sellers informed about our local market, we publish this information as it is given to the public from our local Realtor Association of Sarasota and Manatee County.  Please find below the monthly reports complete with charts and statistics for the local Sarasota market.  Click onto the month in which you would like to see, the latest market report will always be the first report that you see below.

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 18, 2024 for closed March 2024 Business. 

The 2024 Real Estate Market in Sarasota and Manatee Counties: Trends and Predictions

SARASOTA, Fla. (April 18. 2024) – The real estate markets in Sarasota and Manatee counties have undergone significant changes throughout the first quarter of 2024, reflecting broader economic influences and evolving buyer and seller behaviors. This press release provides an overview of these changes, based on the latest data released by Florida Realtors®, and offers insights into the implications for the remainder of the year.

Key Trends in Q1:

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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 for closed February 2024 Business. 

Increasing Inventory Signals New Opportunities in Sarasota and Manatee County Housing Markets

SARASOTA, Fla. (March 21. 2024) – The latest housing market data for February 2024 highlights significant shifts in inventory levels across Sarasota and Manatee Counties, indicating evolving dynamics for homebuyers and sellers in Southwest Florida.

Key Findings:
Single-family homes in Manatee County saw a 52.5 percent year-over-year increase in active listings, with inventory rising from 1,732 in February 2023 to 2,641 in February 2024. The…

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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 22 for closed January 2024 Business. 

 Market Shifts and Buyer Leverage in the Sarasota and Manatee Housing Market

SARASOTA, Fla. (February 22. 2024) – The housing market in January 2024 mirrors the trends observed in the latter half of 2023, as per data released by Florida REALTORS® and analyzed by the REALTOR® Association of Sarasota and Manatee (RASM). January saw a continued uptick in the months supply of inventory and a rise in median time to contract, indicating a gradual shift towards a more balanced market, favorable to buyers.

"As we witness sustained growth in…

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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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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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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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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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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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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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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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