In August 2025, the single-family home market in Manatee County, Florida showed signs of improving. Closed sales increased by 5.7% compared to the previous year, totaling 650 transactions. However, the median sale price declined by 5.3%, suggesting that the lower end of the market is outperforming the upper end. Active inventory rose 13% YoY, suggesting that supply is still outpacing demand. Cash sales made up just 28.5% of closed transactions, a sharp 30.7% decrease year-over-year, indicating a possible shift in buyer type.
On the listing side, new listings were down 4.3% from last year, while new pending sales jumped 17%. This uptick in pending sales could signal renewed buyer interest ahead of our busy season. Overall, the market appears to still be slowly rebalancing, which can be good for both sides of transactions. The infographic below from Florida Realtors contains more.
