The real estate tides are shifting in Sarasota, Bradenton, Venice and surrounding areas! Whether you’re buying your first home, upgrading to a larger one, or considering selling, the current market dynamics are in your favor… depending on your strategy.
Here’s a boots-on-the-ground breakdown of what’s happening across our Gulf Coast communities and how it impacts you:
Buyers: You’ve Got Options, Leverage, and Time
Let’s start with the good news—it’s a buyer’s market across the board. Inventory is climbing, days on market are steady, and homes are selling slightly below asking price. Here’s what that means for you:
Sarasota Snapshot
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8.61 months of inventory – That’s a solid selection of homes!
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Homes selling at 95% of list price
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Median sold price: $475,000
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Average time on market: 41 days
This is an excellent window for first-time buyers and move-up buyers. Fewer bidding wars, more negotiating power, and time to make a thoughtful decision.
Bradenton Breakdown
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7.56 months of inventory (also favoring buyers)
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Sales coming in at 96% of asking price
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Median sold price: $431,500
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Average days on market: 51
The key word here is balance. You have time to shop, but the best deals won’t last forever.
Venice Vibe
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8.07 months of inventory
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Homes are selling for 96% of asking
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Median sold price: $390,000
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Average days on market: 64
Venice is a great market for those wanting more house for their money or a quieter coastal lifestyle.
Sellers: Yes, It’s a Buyer’s Market—But You Can Still Win
If you’re selling, don’t panic. Yes, buyers have more leverage right now, but if you price your home strategically, stage it right, and market it professionally (hint: that’s where I come in), your home will move.
Here’s how you stay competitive:
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Price it right from day one: Overpricing will leave your home sitting too long.
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Highlight value: Today's buyers are value-hunters. Make sure your listing shows off upgrades, location perks, and energy efficiency.
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Invest in visuals: With so many options, buyers are scrolling fast. Stunning photos, drone shots, and walkthrough videos can make all the difference.
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Be open to negotiation: Homes are generally selling just under list—expect to meet buyers somewhere in the middle.
Bottom Line: Whether You’re Buying or Selling, Local Insight Matters
Markets don’t stay the same forever. Today’s buyer’s market could tighten up as interest rates shift or as demand picks back up heading into fall. Knowing the current hyper-local trends in Sarasota, Bradenton, and Venice is your biggest advantage.
And that’s where I come in.
Whether you’re exploring homes, trying to time your move, or just want a personalized breakdown of your neighborhood, I’ve got you covered with the data, strategy, and local know-how you need to make smart decisions.
Have questions? Need advice? Let’s chat!
