SARASOTA, Fla. (October 23, 2024) – The REALTOR® Association of Sarasota and Manatee (RASM) has released its September 2024 real estate market report, detailing key trends across Sarasota and Manatee Counties. Based on data compiled by Florida Realtors®, both counties saw a noticeable slowdown in the housing market, with single-family homes and condos experiencing declines in sales. Median sale prices decreased across various property types, and properties remained on the market longer before going under contract. The slowdown may be partly attributed to the impact of Hurricane Debby’s flooding, which likely disrupted buyer activity and contributed to uncertainty in the market.
