Florida Realtors has put together the infographic below regarding the reasons you should own rather than rent. If you are on the fence, it’s worth a read.
Categories
Owning vs Renting
Category: Home Buying
In 2025, existing home prices are expected to see modest year-over-year growth, with most experts projecting increases of less than 2%. However, mainstream forecasts anticipate continued appreciation over the longer term, with prices rising more than 10% by 2030. Similarly, new home prices are expected to grow gradually in 2025, with growth accelerating in the following years.
In June 2025, Sarasota County’s single-family home market showed a mix of modest growth and slight cooling trends. Closed sales rose by 1.0% year-over-year to 699 homes, and new pending sales saw a notable increase of 12%, reaching 659. However, the median sale price declined by 8.1%, bringing it down to $455,000. This drop in prices may indicate a shift in buyer affordability or negotiating power.
Inventory levels continued to build, with active inventory growing 23% year-over-year to 3,955 homes, suggesting more options for buyers and longer market times for sellers. Overall, while prices softened, increased sales activity and rising inventory point to a market that’s becoming more balanced between buyers and sellers. The infographic below from Florida Realtors contains more information.
In June 2025, the single-family home market in Manatee County experienced a continuation of our current cooling trend. Closed sales totaled 705, marking a 3.2% decline from the previous year, while new pending sales dropped even further by 11% to 583. The median sale price decreased significantly by 15%, falling to $440,000, indicating a shift toward a more buyer-friendly market.
At the same time, active inventory rose sharply by 27% year-over-year to 3,196 homes, reflecting a growing supply in the market. Overall, the combination of declining prices, increased inventory, and reduced cash purchases points to a market adjusting after a period of high activity and price growth. The infographic below from Florida Realtors contains more information.
The National Association of Realtors (NAR) recently stated that home sales could see a slight increase this year. If mortgage rates drop to 6%, next year could bring double-digit growth. According to NAR’s new Market Statistics Dashboard, mortgage rates around the 6% mark could trigger more than half a million additional home sales.