Is Inventory Getting Back to Normal in Southwest Florida?

Is Inventory Getting Back to Normal in Southwest Florida?

If you’ve been trying to buy a home in recent years, you know how tight the market has been. But finally, there’s some encouraging news—inventory is growing again, and that means more choices for buyers.

Across the nation, more homes are coming onto the market, giving buyers a much-needed break from the intense competition of the past few years. But the pace of this shift depends heavily on your location. Here in Southwest Florida—particularly Sarasota, Venice, and Lakewood Ranch—we’re seeing our own unique version of this trend.

National Growth with Local Impacts

According to data from Realtor.com, inventory has increased in every region of the U.S. In the West, for example, the number of homes for sale is up nearly 41% compared to this time last year. Overall, every major region has seen at least a 19% increase. (see graph below):

So, what’s behind this surge?

• More sellers are jumping in. Many homeowners were waiting for mortgage rates to drop before listing their homes. Now, with rates remaining higher for longer, some have decided it’s time to make a move regardless.

• Homes are staying on the market longer. In May, the average home took 51 days to sell—more in line with traditional market timelines. This means listings are accumulating, giving buyers more to choose from.

This shift is helping to balance the market. For years, sellers had the upper hand. But now, conditions are improving for buyers. Danielle Hale, Chief Economist at Realtor.com, notes:

“The number of homes for sale is rising in many markets, giving shoppers more choices than they’ve had in years . . . the market is starting to rebalance.”

What About Sarasota, Venice, and Lakewood Ranch?

Here in Sarasota County and neighboring areas like Venice and Lakewood Ranch, we’re seeing a similar trend—inventory is up, and homes are no longer flying off the market the moment they’re listed. While we’re not yet back to pre-pandemic levels, we’re certainly moving in that direction.

Lakewood Ranch, known for its planned communities and family-friendly amenities, has seen a steady stream of new listings this year. In Venice, a mix of resale and new construction homes is helping meet growing demand. And in Sarasota, while some luxury properties are still moving quickly, buyers overall are benefiting from more time and more options. (see graph below):

However, it’s important to understand that we’re not yet in a buyer’s market—not completely. Inventory is improving, but home values are still strong, and well-priced properties are still seeing solid interest.

Why Local Expertise Matters

Not every neighborhood is moving at the same pace. Some areas in Sarasota County are close to pre-2020 inventory levels, while others are still playing catch-up. That’s why working with a local agent is essential. We can help you navigate the current landscape, identify where your best opportunities are, and tailor your search based on what’s really available right now.

Bottom Line

The housing market is shifting—and for buyers, that’s a good thing. Inventory is rising nationally and here in Southwest Florida, but the pace of recovery varies. Whether you’re eyeing a beachfront home in Venice, a family home in Lakewood Ranch, or a downtown Sarasota condo, having the right guidance will help you make the most of today’s evolving market.

Let’s talk about what’s happening in your local market and what it means for your next move.