SARASOTA, Fla. (February 21, 2025) – The REALTOR® Association of Sarasota and Manatee (RASM) has released its January 2025 real estate market report, providing an in-depth analysis of key trends across both counties. Based on data from Florida REALTORS®, the housing market in Sarasota and Manatee Counties for January 2025 reflects notable shifts, including increased inventory, longer sales timelines, and price adjustments across property types.
While closed sales have risen in some segments, median sale prices have generally declined, indicating a more balanced market compared to previous years. The rise in available listings has led to higher months of supply, giving buyers more options and greater negotiating power. Cash transactions remain a significant portion of sales, though they have slightly decreased in some areas compared to last year. The extended time to contract and sale suggests a cooling period in the market, particularly in the townhouse and condo sector.