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October 2025 Real Estate Market Report: Trends in Sarasota and Manatee Counties

Darren Dowling

October 2025 Real Estate Market Report: Trends in Sarasota and Manatee Counties

October 2025 Real Estate Market Report: Trends in Sarasota and Manatee Counties

 

The REALTOR® Association of Sarasota and Manatee (RASM) has released the October 2025 market report, highlighting a strong rebound in activity one year after Hurricane Milton disrupted real estate activity across the region. With no major storms affecting closings or listings this fall, both counties experienced double-digit growth in closed sales for single-family homes and condos.

While year-over-year numbers appear strong due to depressed conditions in October 2024, month-to-month trends reveal a market that is steadily rebalancing. Inventory remains higher than last year but has begun to stabilize, and prices continue to normalize as buyers gain more options and leverage.


Key Trends for October 2025

  • Sales Activity: Closed sales surged across all property types as the region returned to normal seasonal patterns.

  • Median Sales Price: Single-family home prices held steady or dipped slightly, while condo prices continued adjusting downward.

  • Inventory: Active listings increased year-over-year but have slowed in monthly growth, signaling a potential plateau.

  • Speed of Sales: Homes are taking longer to sell than in 2024, especially condos, as buyers become more selective and sellers price competitively.


Single-Family Homes

Sarasota County

  • 668 closed sales (↑29.7% YOY)

  • Median price: $445,000 (↓9.2%)

  • Cash buyers: 40.4%

  • List-to-sale ratio: 92.4%

  • Active listings: 3,291 (↑11.5%)

  • Months of inventory: 5.0

  • Time to contract: 61 days

  • Time to sale: 106 days

Manatee County

  • 596 closed sales (↑26.8% YOY)

  • Median price: $481,000 (↑0.2% YOY)

  • Cash buyers: 27.2%

  • List-to-sale ratio: 94.9%

  • Active listings: 2,671 (↑12%)

  • Months of inventory: 4.2

  • Time to contract: 55 days

  • Time to sale: 105 days

RASM President Debi Reynolds noted that these numbers reflect a major comeback from last year’s storm-affected market. Increased sales and stabilized pricing indicate renewed consumer confidence across both counties.


Condos & Townhomes

Sarasota County

  • 246 closed sales (↑23% YOY)

  • Median price: $310,000 (↓19.5%)

  • Cash buyers: 63.4%

  • List-to-sale ratio: 89.2%

  • Active listings: 2,029 (↑23.6%)

  • Months of inventory: 7.5

  • Time to contract: 101 days

  • Time to sale: 141 days

Manatee County

  • 175 closed sales (↑8% YOY)

  • Median price: $292,500 (↓10.8%)

  • Cash buyers: 53.7%

  • List-to-sale ratio: 92%

  • Active listings: 1,405 (↑9.3%)

  • Months of inventory: 6.3

  • Time to contract: 86 days

  • Time to sale: 128 days

Condo markets in both counties continue to adjust as supply outpaces buyer demand. Longer marketing times and lower sale-to-list ratios signal the need for strategic pricing and expert guidance.


Summary

While year-over-year statistics show impressive gains, they must be viewed within the context of October 2024’s hurricane disruptions. More recent trends indicate a market that is gradually normalizing, with steady inventory, softening prices, and improving consumer activity.

As Sarasota and Manatee counties continue rebalancing, partnering with an experienced REALTOR® remains essential. Buyers and sellers benefit from strategic pricing, deep market knowledge, and expert interpretation of shifting trends.

For full data since 2015, visit MyRASM.com/statistics.


Need a ZIP Code or Neighborhood Breakdown?

Contact Darren Dowling for a personalized market report.
📞 (941) 467-3448
📧 [email protected]

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