🏠 June 2025 Real Estate Market Report — Sarasota & Manatee Counties
Published July 23, 2025
The June 2025 market signals a notable cooling trend in both Sarasota and Manatee counties, as revealed in the latest report from the REALTOR® Association of Sarasota and Manatee (RASM), based on Florida REALTORS® data
📉 Market Snapshot: Slowdowns & Shifts
| Category |
Sarasota |
Manatee |
| Median Sale Price (SFH) |
$455,000 ↓ 8.1% YoY |
$440,000 ↓ 15.2% YoY |
| Monthly Supply (SFH) |
6.3 months |
5.2 months |
| Median % of List Price (SFH) |
92.2% |
94.3% |
| Days to Contract / Sale |
60 / 99 days |
56 / 109 days |
| Condo/Townhome Price |
$371,750 ↓ 3.2% YoY |
$312,900 ↓ 9.2% YoY |
Single-Family Homes
Sarasota
Closed sales ticked up slightly (+1 %), but the median price dropped 8.1% year-over-year to $455K. Inventory surged 23% to nearly 4,000 active listings, pushing the market toward a balanced—if not buyer-favorable—position. Homes now take around 60 days to contract and 99 days to close, with most selling around 92% of their original list price
Manatee
Closed sales dipped by 3.2%, while prices plunged 15.2% to $440K. Inventory levels gave buyers more room to negotiate, reflected in a 94.3% list-price realization rate. Contract and sale periods stretched to 56 and 109 days, respectively
Condo & Townhome Market
Sarasota
Sales slightly increased (+2.5%), but median prices declined 3.2% to $371,750. With 67% cash sales, inventory rose nearly 15%, pushing the months supply above 8. Listings took around 72 days to go under contract and about 114 days to close; sellers captured about 89.7% of their list price
Manatee
Sales cooled by 5.3%, and median prices dropped 9.2% to $312,900. Inventory climbed 22%, supplying around 7.4 months of stock. Deals took approximately 68 days to contract and 111 days to close, averaging 92% of the list price upon sale
🔍 What’s Driving the Shift?
-
Rising Inventory: Across the board, inventory is up 14–23% year-over-year, transitioning markets from seller-controlled to buyer-friendly.
-
Longer Timeframes: With both contract and closing times exceeding 100 days, buyers now enjoy a slower-paced, more negotiable market.
-
Cooling Prices: Year-over-year slides in median prices across property types highlight a shift toward more balanced buying and selling dynamics.
💡 Why This Matters
“Buyers now have more leverage, and sellers must adjust accordingly,” noted RASM President Debi Reynolds. The data confirms: this isn’t a crash, but a strategic rebalancing. The months‑supply flattening hints at possible stabilization ahead.
Insight for Stakeholders:
-
Buyers: Benefit from more choices, negotiating power, and patience—as patience wins deals.
-
Sellers: Must set realistic price expectations and be prepared for longer stays on the market.
-
REALTORS®: This market demands savvy guidance—data‑driven pricing, marketing finesse, and savvy negotiation are more crucial than ever.
🔗 Final Take
June 2025 shows a market shedding its red-hot status and embracing a measured equilibrium. With elevated supply, extended sales cycles, and shifting bargaining dynamics, the landscape is evolving—for the better. Whether buyers or sellers, success lies in staying informed and adaptable. And in such a tighter market, a seasoned REALTOR® isn’t just helpful—they’re essential.
Want the complete dataset or stats going back to 2015? Visit the RASM Statistics Hub. Meta‑analysts, local brokers, and curious stakeholders alike—it’s all there at : https://www.myrasm.com/june2025
