SARASOTA, Fla. (August 21, 2025) – The REALTOR® Association of Sarasota and Manatee (RASM) has released the July 2025 real estate market report, highlighting how the housing market across Sarasota and Manatee Counties is moving toward balance. After months of sharp inventory growth earlier in the year, recent data shows signs of stabilization, with single-family homes holding steady while condos and townhomes continue to adjust.
Key Takeaways from the Sarasota Housing Market – July 2025
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Closed Sales: Year-over-year sales slowed in most segments, but Sarasota single-family homes surged with double-digit gains.
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Median Sale Prices: Single-family home prices in Sarasota held firm, while Manatee rebounded from June’s dip. Condo and townhome prices, especially in Sarasota, saw notable declines.
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Inventory Levels: Supply has begun to stabilize and even decline in recent months, easing the rapid build-up seen earlier in 2025.
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Days on Market: Homes are taking longer to sell, with median time to sale now exceeding 100 days across nearly all property types.
Sarasota County Single-Family Homes
In Sarasota County, 723 single-family homes sold in July 2025, marking a 12.6% increase year-over-year. The median sale price remained steady at $470,000, showing resilience compared to national market fluctuations.
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Cash Sales: 37.8% of transactions were all-cash purchases, underscoring the strong presence of second-home buyers and investors.
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Pricing Power: Sellers received an average of 91% of the original list price, signaling that buyers currently hold more negotiating leverage.
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Inventory: Active listings rose 23.2% year-over-year to 3,955 homes, representing a 6.3-month supply.
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Market Pace: Homes took a median of 60 days to contract and 99 days to close, reflecting a slower, more deliberate market.
Market Outlook: Entering the Second Half of 2025
The July 2025 Sarasota and Manatee housing market report suggests the region is cooling compared to last year, but also stabilizing month to month. Buyers currently enjoy greater negotiating power, while sellers are adjusting to longer timelines and reduced list-to-sale price ratios.
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Sarasota single-family homes continue to show strength.
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Manatee’s home prices are stabilizing after recent dips.
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Condos and townhomes face headwinds, giving buyers leverage in those segments.
As the Southwest Florida real estate market shifts, working with a local REALTOR® is essential. Whether you’re buying or selling, expert guidance helps you price correctly, negotiate effectively, and understand evolving inventory trends.