Real Estate News

‘Behaving very differently.’ Real estate report shows Manatee-Sarasota contrast

The latest housing market report from the Realtor Association of Sarasota and Manatee shows a contrast between Manatee and Sarasota counties. Homes looking northward toward Lorraine Lakes in Lakewood Ranch shown here on Nov. 3, 2025.
The latest housing market report from the Realtor Association of Sarasota and Manatee shows a contrast between Manatee and Sarasota counties. Homes looking northward toward Lorraine Lakes in Lakewood Ranch shown here on Nov. 3, 2025. ttompkins@bradenton.com

The latest housing market report from the Realtor Association of Sarasota and Manatee shows a contrast between Manatee and Sarasota counties.

In Manatee County, single-family home sales were down in November compared to November 2024. That was the opposite of Sarasota County, which saw single-family homes surge by 28.5% year-over-year.

Manatee County’s median prices rose 13.3% to $487,233 for single-family homes, while Sarasota County’s dropped 6.6% to $457,495.

“Sarasota and Manatee may share a border, but their single-family markets are behaving very differently,” RASM president Debi Reynolds said in a news release.

There were 548 single-family homes sold in Manatee County for November, which is a 13.7% decline year-over-year. Cash sales comprised 27% of transactions, with sellers snagging 94.5% of their original listing price.

The monthly inventory supply is holding steady at 4.2 months in Manatee County. Homes had a median time to contract of 59 days, while reaching 102 days to close.

Sarasota County had a 28.5% increase in single-family home sales, a total of 564, for November 2025 compared to the previous November. Sellers received 93.3% of their original listing price.

Sarasota’s inventory rose 0.8% to 3,245 active listings. However, the monthly inventory supply dropped to 4.8 months. Homes had a median time of 54 days to go under contract and 94 days to close.

Townhomes and condos

In Manatee County, there were 189 closed sales in the condo and townhome sector, marking a 16% increase year-over-year. The median sale price dipped to $308,000, a 0.6% drop year-over-year.

The monthly supply is at 6.5 months. Condos and townhouses had a 74-day median time to contract with a median closing time of 115 days.

Sarasota County recorded 228 closed sales for condos and townhomes in November 2025 compared to the previous time period. That was a 3.4% decrease year-over-year. The median sale price declined 11.8% to $329,500, while the monthly supply sits at 8.1 months.

The median time to contract and median time to sale were 61 and 103 days, respectively.

“The condo and townhome market is clearly more supply-driven, especially in Sarasota County,” Reynolds said in the news release. “Higher inventory levels mean buyers have more leverage, while sellers must be more strategic to remain competitive.”

Jason Dill
Bradenton Herald
Jason Dill is a sports reporter for the Bradenton Herald. He’s won Florida Press Club awards since joining in 2010. He currently covers restaurant, development and other business stories for the Herald. 
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