Sarasota Real Estate Reports

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on June 22, 2020 for closed May 2020 business.

Housing Market Begins Bounce Back in May, But Still Down from Last Year

SARASOTA, Fla. (June 22, 2020) – Housing data for May 2020 confirms another month of slowed market activity due to the coronavirus pandemic. According to the reports compiled by Florida Realtors® and provided by the Realtor® Association of Sarasota and Manatee, the two counties saw a decline in sales and supply, causing median prices to rise again. Pending sales and new listings decreased from last year but month-over-month improvements point to a positive return to pre-pandemic

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on May 21, 2020 for closed April 2020 business.

Local Housing Market Delayed by Stay-at-Home Order in April

SARASOTA, Fla. (April 21, 2020) – When Governor Ron DeSantis signed a stay-at-home order for the month of April 2020, a pause in the housing market was expected. The new reports compiled by Florida Realtors® and provided by the Realtor® Association of Sarasota and Manatee show significant decreases in overall market activity when compared to April 2019. Sarasota and Manatee counties experienced declines in closed sales, pending sales and new listings, while median prices stay on the rise.

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on April 21, 2020 for closed March 2020 business.

Residential Sales Rise While Market Slowdown Begins in March

SARASOTA, Fla. (April 21, 2020) – The March housing market transitioned from a soaring spring season to a slowdown in activity when COVID-19 concerns began to rise mid-month. Most pending sales from the previous month became closed sales in March with an 8.3 percent rise in closed sales for both markets in Sarasota and Manatee. Fewer properties were added to the market in March, which was expected during the coronavirus pandemic.

“March started strong with a lot of activity, as indicated by

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on March 20, 2020 for closed February 2020 business.

2020 Housing Market Starts Strong; Bracing for Change in March

SARASOTA, Fla. (March 20, 2020) – In Sarasota and Manatee counties, the February housing market reports more closed sales and an overall rise in dollar volume. According to monthly reports from Florida Realtors®, median prices increased while inventory declined in both counties.

Closed Sales

Closed sales in Sarasota and Manatee totaled 1,710 in February 2020, a 13.7 percent increase from the same time last year. Condo sales increased by 35.7 percent to 376 sales in Sarasota and by

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on February 21, 2020 for closed January 2020 business.

Home Sales Outpace Supply in January 2020

SARASOTA, Fla. (February 21, 2020) – According to monthly reports from Florida Realtors®, the Sarasota and Manatee housing market experienced another robust month of sales in January.  Compared to the same month in 2019 when there was a decrease in sales and an increase in inventory, the opposite can be said for January 2020; an increase in sales and a decrease in inventory.

Closed Sales

Closed sales in Sarasota and Manatee totaled 1,539 in January 2020, a 32.4 percent increase from the same

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on January 22, 2020 for closed December 2019 business.

Year-Over-Year Home Sales Rise Amid Shrinking Inventory

SARASOTA, Fla. (January 22, 2020) – The residential housing market in Sarasota and Manatee counties showed more activity in December of 2019 than the same month in 2018 with a 49.2 percent increase in the total volume of sales.

According to monthly reports from Florida REALTORS®, the number of closed sales increased year-over-year, along with cash sales, median prices and new listings.

How Many Homes and Condos Sold

Sarasota and Manatee county REALTORS® participated in 1,983

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on December 19, 2019 for closed November 2019 business.

Single-Family Home Sales Gain Momentum in November

SARASOTA, FL. (December 19, 2019)  – In November 2019, REALTORS® in Sarasota and Manatee counties participated in 1,655 total residential sales, 4.1 percent more than the same time last year. According to monthly reports from Florida REALTORS®, inventory in the two county area declined year-over-year and the number of pending sales increased as buyers rush to close before the New Year.

How Many Houses and Condos Sold?

Manatee County single-family home sales increased by 10.9 percent to 550

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on November 21, 2019 for closed October 2019 business.

Sarasota-Manatee Home Sales Rise in October

SARASOTA, FL. (November 21, 2019)  – In October 2019, Sarasota and Manatee residential sales totaled 1,768 units, up by 12.8 percent from October of last year. According to monthly reports from Florida REALTORS®, the combined inventory across both markets decreased for the fourth consecutive month.

In Manatee, single-family sales increased by 5 percent to 522 sales. Sarasota condo sales by 17.5 percent increase to 315 sales while Manatee condo sales decreased by 0.5 percent to 204 sales in October 2019.

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on October 22, 2019 for closed September 2019 business.

September Sales Hit Highest Year-Over-Year Gains this Year

SARASOTA, FL. (October 22, 2019)  – In September 2019, closed sales increased in the two counties with single-family homes showing the best year-over-year gains this year. According to monthly reports from Florida REALTORS®, inventory decreased across the two-county area this month while prices continue to increase.

Sales Increase

The combined number of properties sold in Sarasota and Manatee counties increased by 17.1 percent from September 2018 to September 2019.

In Sarasota

The following report, information and statistics are from the Realtor Association of Sarasota and Manatee as published for their Realtor Membership on July 23, 2019 for closed June 2019 business.

Median Prices Rise Again in Sarasota and Manatee County

SARASOTA, FL. (July 23, 2019)  – The Sarasota and Manatee housing market favors the seller with a decrease in existing home sales in June 2019. Inventory is steady among the two counties as median prices continue to increase year-over-year. Pending sales and new listings showed a decrease in June 2019, according to monthly reports from Florida REALTORS®.

In June, there were a total of 2,032 closed sales in the two-county market, a 3.1 percent decrease from this time last year. In Sarasota