How is the Manatee County housing market changing? What the latest report says
The newest Manatee and Sarasota housing market report highlights differences in median sale prices and growth in different housing markets .
There was growth in Manatee County single-family home sales, according to the Realtor Association of Sarasota and Manatee’s report.
The report compares data in February 2026 compared to February 2025.
“Across both Sarasota and Manatee counties, and across single-family homes and the condo and townhome market, we’re seeing some variation between segments,” 2026 RASM president David Crawford said in a news release. “But two trends are clear throughout the region: pending sales are rising year over year, and cash buyers continue to represent a meaningful share of transactions.”
Manatee County’s housing report
Single-family home sales rose 10% year-over-year, hitting 550 closed sales in February, in Manatee County. The median sale price increased 2.9% to $489,634, while cash transactions represented about 32% of the market.
There is a 4.8-month supply of single-family homes in Manatee County, with properties spending a median time of 65 days on the market before going under contract and roughly 109 days to close, the report said.
“Manatee County’s single-family market continues to show steady growth, supported by rising prices and solid sales activity,” the report said.
While single-family homes saw an uptick in sales in Manatee County, the condo and townhome sector saw an 18.7% year-over-year decline in sales. There were 204 closed transactions in February, with a median sale price of $311,995. That was a 2.5% decrease compared to February 2025.
Cash buyers represented 63.7% of the townhome and condo market purchases in Manatee County.
Inventory declined 8.6%, but is still a robust 7.5-monthly supply of townhomes and condos. That sector saw a median time on the market of 67 days before going under contract, and about 105 days to close.
Sarasota County’s housing report
In Sarasota County, single-family homes had a median sale price of $475,000, which represented a 5% decline compared to February 2025. There is a 5.0-month supply of inventory, though active listings dropped 20.3% with 3,420 homes. The median time on the market was 59 days and the median time to sale was 94 days, the report said.
The condo and townhome market in Sarasota County had strong growth in February, with closed sales hitting a 35.9% increase year-over-year. The median sale price of $330,000 was a 3.5% decline year-over-year.
Active listings totaled 2,443 units or an 8.6-month supply, with the median time to contract reaching 76 days and 109 days as the median time to sale.
