Darren Dowling
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.
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.
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.
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.
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.
Contact Darren Dowling for a personalized market report.
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