Category: Home Selling

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Home Buying Home Prices Home Selling Real Estate

Sarasota County Single-Family Home Market Summary

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.

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Home Buying Home Prices Home Selling Real Estate

Manatee County Single-Family Home Market Update

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.

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Home Prices Home Selling Real Estate

Upgrades for Value

In today’s competitive housing market, preparing your home for sale is more important than ever. Understandably, sellers are hesitant to invest in updates they won’t benefit from directly. However, smart, strategic improvements can make a big difference in attracting buyers and boosting your home’s value.

To help guide you through this process, Florida Realtors has created the infographic below with practical tips to get your home market-ready.

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Home Buying Home Prices Home Selling Real Estate

Are Mortgage Rates the Magic Sales Bullet?

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.

Continue reading “Are Mortgage Rates the Magic Sales Bullet?”
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Home Selling Real Estate

Preparing to Sell

While putting your best foot forward is important when selling your home in today’s market, some tasks make more of a difference than others. The infographic from Florida Realtors below should point you in the right direction.