The REALTOR® Association of Sarasota and Manatee (RASM) has released its August 2025 real estate market report, highlighting key trends across Sarasota and Manatee Counties. According to Florida REALTORS® data, the market is shifting toward balance, with buyers gaining more leverage as homes take longer to sell and inventory remains elevated.
Key Takeaways from August 2025
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Sales Activity: Single-family home sales grew modestly in both counties, while Sarasota’s condo and townhome sales surged. Manatee’s condo sales slowed year-over-year.
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Median Sales Prices: Single-family prices held steady in Sarasota but dipped in Manatee. Condo prices softened across both counties.
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Inventory: Inventory is still higher than last year but has begun to soften slightly since spring. Sarasota’s condo market is leaning toward a buyer’s market, while single-family homes remain more balanced.
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Time to Sale: Homes are taking longer to close, with the median time to sale now exceeding 100 days in all segments.
What This Means for Buyers and Sellers
“Inventory has been building over the past year, giving buyers more options, but we’ve started to see a gradual softening over the past few months. This points to a more balanced market where realistic pricing and strong negotiation strategies are essential.”
— Debi Reynolds, 2025 RASM President and Managing Broker at SaraBay Real Estate
For buyers, this means more negotiating power, especially in the condo and townhome market where inventory remains high. For sellers, realistic pricing and patience are key as homes are spending longer on the market.
Final Thoughts
The August 2025 Sarasota and Manatee housing market reflects a region moving toward balance. Single-family homes remain steady, while condos and townhomes are tilting more buyer-friendly. Whether you’re buying or selling, working with a knowledgeable REALTOR® is crucial to navigating pricing, timing, and negotiations in today’s shifting market.
