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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 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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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 January 20, 2023 for Closed December 2022 Business. 

2022 Housing Market Defined by Record-Breaking Prices and Rising Inventory

SARASOTA, Fla. (January 20, 2023) – The 2022 housing market for Sarasota and Manatee counties reported some of the highest recorded home prices throughout the year. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), 2022 ended with more inventory on the market and fewer sales when compared to last year’s record-breaking numbers.

“If you had to use one word to describe what happened in the real…

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The following report, information and statistics are from the  Realtor Association of Sarasota and Manatee   as published for their Realtor Membership on December 21, 2022 for closed November 2022 business.

Sarasota-Manatee Home Sales Slow Down in November

SARASOTA, Fla. (December 21, 2022) – November home sales in the two-county region are as low or lower than the lag reported from Hurricane Ian just a few months ago. Median sales prices continue to show year-over-year increases, while other factors point toward more typical market conditions for the region. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee, inventory is increasing but is still low enough to make this a “seller’s market.”

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The following report, information and statistics are from the  Realtor Association of Sarasota and Manatee   as published for their Realtor Membership on November 18, 2022 for closed October 2022 business.

October Home Sales Indicate a Move Toward Pre-Pandemic Levels

SARASOTA, Fla. (November 20, 2022) – The latest data for the Sarasota and Manatee housing market has continued to show healthy growth, with closed sales and the months’ supply of inventory more comparable to pre-pandemic levels. According to the data from Florida REALTORS®, the median price for single-family homes in Sarasota County has reached a record high of $537,500 in October. The housing demand reflected in October could be due to many factors, including buyers coming from…

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The following report, information and statistics are from the  Realtor Association of Sarasota and Manatee   as published for their Realtor Membership on October 20, 2022 for closed September 2022 business.

Sarasota-Manatee Housing Market Continues to Cool in September

SARASOTA, Fla. (October 20, 2022) – The latest data for the Sarasota and Manatee housing market continues to follow the same trend of fewer sales and rising inventory in September, alongside a few closing delays caused by Hurricane Ian’s arrival at the end of the month. According to the data from Florida REALTORS®, the median prices for both Sarasota County and Manatee County continue to show year-over-year increases but are not as high as prices recorded earlier this year.

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The following report, information and statistics are from the  Realtor Association of Sarasota and Manatee   as published for their Realtor Membership on August 18, 2022 for closed July 2022 business.

Closed Sales Decrease in Sarasota and Manatee as Inventory Continues to Grow

SARASOTA, Fla. (August 18, 2022) – The inventory of active listings in the two-county region continues to increase year-over-year in July 2022. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), closed sales have once again decreased overall, while the month supply of inventory increases, along with the median time to contract. Another month of record-high prices coupled with the rising mortgage rates point to…

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The following report, information and statistics are from the  Realtor Association of Sarasota and Manatee   as published for their Realtor Membership on July 20, 2022 for closed June 2022 business.

Housing Inventory Continues to Grow in Sarasota and Manatee

SARASOTA, Fla. (July 20, 2022) –  With rising interest rates across the country, the Sarasota and Manatee housing market is beginning to see more and more homes available for purchase when compared to last year. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), closed sales have once again decreased overall. Record-high prices coupled with the rising mortgage rates point to an increase in inventory this month, with active…

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The following report, information and statistics are from the  Realtor Association of Sarasota and Manatee   as published for their Realtor Membership on June 21, 2022 for closed May 2022 business.

Inventory is Up Again, Alongside Record-Breaking Prices

SARASOTA, Fla. (June 21, 2022) –  For the second month in a row, the inventory of active listings in the two-county area increased year-over-year in May 2022. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), the residential market also reports the highest-recorded prices for all property types in both counties, along with fewer closed sales and an increase in new listings.

Sales

The combined sales across the two counties and…

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The following report, information and statistics are from the  Realtor Association of Sarasota and Manatee   as published for their Realtor Membership on May 19, 2022 for closed April 2022 business.

Inventory Turns Around for Single-Family Homes in April

SARASOTA, Fla. (May 19, 2022) – The active inventory of single-family homes showed a positive change in April 2022, the first year-over-year increase for the North Port-Sarasota-Bradenton MSA since May of 2019. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), closed sales and pending sales are down but demand is still strong with properties going under contract within a median of five days.

Closed Sales

Closed sales, combined…

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The following report, information and statistics are from the  Realtor Association of Sarasota and Manatee   as published for their Realtor Membership on April 20, 2022 for closed March 2022 business.

Median Sale Price Reaches $500,000 for Single-Family Homes in Sarasota and Manatee

SARASOTA, Fla. (April 20, 2022) – The spring housing market is in full swing in Sarasota and Manatee counties. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), March 2022 reported more new listings and closed sales from the previous month, while homes are going under contract quicker than any month prior. The median sale price for single-family homes in the North Port-Sarasota-Bradenton MSA increased…

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