Hereโ€™s a look at the Sarasota & Manatee Countiesโ€™ Real Estate Market for February 2025. According to statistics from the REALTORยฎ Association of Sarasota and Manatee, both Sarasota and Manatee counties saw rising home prices, with Sarasotaโ€™s average sale price climbing to $736,508 and Manateeโ€™s to $618,964โ€”year-over-year increases of 3.3% and 9.7%, respectively. Read more about this monthโ€™s real estate market trends.

๐Ÿ“ˆ A Look at Sarasota County Housing Stats

As of February 2025, the median sale price for single-family homes in Sarasota County was $529,750. This reflects a 1 percent decrease from $535,000 during the same period last year. The average sale price dropped to $754,675, a 4.7 percent decrease from $792,062 in February 2024. This average sale price has risen from the previous month’s figure of $736,508.

Lynn Brock - Real Estate Trends

There were 520 closed sales in January 2025, an increase of 6.8 percent from the 487 closed sales in January 2024. We entered February with 3,992 active listings in Sarasota County, a rise of 27.3 percent from this time last year.

Currently, Sarasota County has a 6.4-month supply of available homes. Last year, there was a 4.9-month supply. A supply of 6 months of inventory is needed to balance the market.

๐Ÿ“Š A Look at Manatee County Housing Stats

Manatee County began February 2025 with a median sale price of $480,000 for single-family homes. This represents a decrease of 8.6 percent compared to the $525,000 recorded at the same time last year. The average sale price is currently $662,504, down 10 percent from last year’s average of $735,836. This month’s average price has decreased from last month’s figure of $675,263.

Lynn Brock - Real Estate Trends Expert

There were 498 closed sales in January 2025, an increase of 22.1 percent from the 408 closed sales in January 2024. We entered January with 2,907 active listings in Manatee County, an increase of 20.1 percent from last year.

Manatee County has a 4.6-month supply of available homes. This number is up 17.9 percent from last year’s 3.9-month supply.

๐Ÿ  Condo and Townhouse Details

Sarasota County’s average sale price for condos and townhouses is $732,448, a 1.3 percent increase from last year’s $722,730.

The average sale price for condos and townhouses in Manatee County is $408,238. This reflects a decrease of 7.5 percent from the $441,573 recorded in February 2025.

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Sarasota County has reported 849 new listings, reflecting a 16.6 percent increase from last year’s 728 new listings. In Manatee County, 550 new listings were recorded, a 2.2 percent increase from last year’s 538 new listings.

๐Ÿ“ฑ Contact Brock Realty Inc.

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Your real estate agent is your best resource for information about the local community and real estate topics. Call Brock Realty today at 941-313-1234 to learn more about the area, discuss selling your home, or schedule a tour of available properties for sale.

๐Ÿ’ฒ What does this mean for home buyers?

In January 2025, new property listings in Sarasota County increased by 21.4%, with 1,452 new properties becoming available. There were 1,121 new listings in Manatee County, reflecting an 8.5% rise compared to the previous year.

Last month, Sarasota County recorded 257 cash sales, a decrease of 1.2 percent compared to 260 cash sales in the same month last year. Manatee County had 100 cash sales, a reduction of 8.1 percent compared to the same month the previous year.

๐Ÿ’ต What does this mean for home sellers?

In Sarasota County, sellersย receive a median of 94.1 percent of the original list price, a decrease of 1.2 percent from last year.ย In Manatee County, sellers receive 93.1 percent of the original list price,ย a drop of 1.7 percent from February 2024.

Currently, Sarasota County has a median time to sale of 85 days and a median time to contract of 45 days. In contrast, Manatee County reports a median time to sale of 98 days and a median time to contract of 49 days.

A free home valuation report is a valuable tool that helps you determine the right asking price for your property to attract potential buyers. If you set the price too high, your home may linger on the market without receiving any offers, wasting time and money.

๐Ÿ˜๏ธ Sarasota County Homes for Sale

See Additional Reports on the Sarasota County & Manatee County Real Estate Market

Here are the most recent home listings just added to the database in the average sale price range for Sarasota County. All homes are priced at $754,675 or less.

๐Ÿ˜๏ธ Manatee County Homes for Sale

Here are the most recent home listings just added to the database in the average sale price range for Manatee County. All homes are priced at $662,504 or less.

Summary
Sarasota & Manatee Real Estate Trends โ€“ February 2025
Article Name
Sarasota & Manatee Real Estate Trends โ€“ February 2025
Description
The average sale price for homes in Sarasota County is $754,675, while the average sale price for homes in Manatee County is $662,504.
Author
Publisher Name
Brock Realty Inc
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