A Look Back at the 2025 Local Real Estate Market 2025, and What It Means for 2026

By the end of 2025, the Sarasota–Manatee housing market looked less like a boom hangover and more like a recalibration. Single-family home sales were relatively steady across both counties, while condos moved into a slower, more negotiation-heavy phase.

Sarasota County ended the year with 8,183 single-family closed sales, up 9.3 percent from 2024, while the median sale price slipped 6 percent, to $474,700. Manatee County’s single-family market was flatter, but similar in shape: 7,521 closed sales, up 0.5 percent, with a median price down 5 percent, to $475,000. Inventory landed in what most would describe as balanced territory—a 4.7-month supply in Sarasota and 4.3 months in Manatee—and median time to sale hovered around three months in both counties. That’s all according to the Realtor Association of Sarasota and Manatee’s (RASM) year-end 2025 market report.

Condos and townhomes, especially in Sarasota, were where the market showed stress more plainly. Sarasota County ended 2025 with 3,295 condo and townhome sales, down 4.3 percent, and a median price down 15.3 percent, to $325,000. Inventory rose to an 8.1-month supply and listings took a median of 112 days to sell, pointing to a market that had slowed enough to give buyers more time, more leverage and more room to negotiate. Manatee’s condo market looked comparatively steadier: sales rose 4.8 percent, to 2,719, while the median price fell 8.6 percent, to $310,000, and inventory declined 5.8 percent, from 6.9 months in 2024 to 6.5 months in 2025. Median time to sale increased from 110 days in 2024 to 115 days in 2025…

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