April 2025 Sarasota Real Estate Market Report: Signs of Stabilization Emerge

SARASOTA, Fla. (May 22, 2025) – The Sarasota housing market is showing early signs of leveling off as the pace of inventory growth begins to slow and home prices continue to adjust. According to the latest data from the REALTOR® Association of Sarasota and Manatee (RASM) and Florida REALTORS®, April 2025 brought a more balanced tone to the local real estate landscape, signaling potential stabilization ahead.

For buyers and sellers alike, this evolving market presents new opportunities—especially with the guidance of a trusted local real estate professional.

📊 Key Highlights from the Sarasota Housing Market – April 2025

📉 Home Prices Continue to Adjust

• The median sale price for single-family homes in Sarasota County declined 13.0% year-over-year to $470,000.

• Despite the annual decrease, prices saw a slight increase from March 2025, suggesting a potential pricing floor.

🏡 Steady Sales Activity

• Sarasota reported 817 closed single-family home sales, a 0.7% increase compared to April 2024.

• The share of cash buyers rose to 46.1%, reflecting continued strong interest from equity-rich and relocation buyers.

📦 Inventory Growth Slowing

• Active listings jumped 34.6% year-over-year, totaling 4,448 homes for sale in April.

• The months’ supply of inventory reached 7.0 months, indicating a more buyer-friendly market than previous years.

• Median time to contract: 43 days

• Median time to sale: 82 days
  (Both remained consistent with March 2025)

🧭 What This Means for Sarasota Buyers and Sellers

According to Debi Reynolds, 2025 RASM President and Managing Broker at SaraBay Real Estate:

“The single-family home market in Sarasota is showing encouraging signs of stabilization. We’re seeing a natural correction from the record highs of recent years, and the steadier pace of sales paired with moderating inventory growth points to a return to healthier market conditions.”

As the market continues to normalize, both buyers and sellers can benefit from increased transparency, more balanced negotiations, and strategic opportunities—especially in pricing and timing.

💡 Bottom Line

Sarasota’s real estate market in April 2025 reflected a market in transition: softer prices, strong cash activity, and stabilizing inventory. Whether you’re buying or selling, understanding the nuances of today’s market is crucial—and having the right REALTOR® by your side can make all the difference.