Sarasota County Real Estate Market Report

The Sarasota, FL, housing market is constantly changing. Florida Life Team Realty watches the market and reports back here. Having updated data helps buyers and sellers make informed decisions. Please have a look at the updated monthly market update below. Statistics are pulled from MLS + local real estate board. Ready to buy or sell? Contact Sarasota Real Estate broker Chandler South at 941 303 -9575

📊 February 2025 Sarasota County Real Estate Market Snapshot
🏠 Single-Family Homes

Closed Sales: 589 (+2.1% YoY)
Median Sale Price: $499,990 (-1.5% YoY)
Cash Sales: 43.8%
Inventory: 4,292 active listings (+28.6% YoY)
Months’ Supply: 6.8 months
Median Time to Contract: 46 days
Median Time to Sale: 86 days
📉 Inventory is building, and days on market are rising—creating more opportunity for buyers to negotiate in a cooling market.

🏢 Townhouses & Condos

Closed Sales: 237 (-12.2% YoY)
Median Sale Price: $342,000 (-12.3% YoY)
Cash Sales: 71.7%
Inventory: 2,618 active listings
Months’ Supply: 9.1 months
Median Time to Contract: 44 days
Median Time to Sale: 85 days
📌 The condo market is firmly shifting into buyer territory, with prices down and inventory up. Now’s the time to shop smart!