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Home Buying Home Selling Real Estate

Manatee County Single-Family Home Market Update

In September 2025, the single-family home market in Manatee County showed notable activity and subtle shifts in buyer behavior. Closed sales surged by 24% year-over-year, reaching 662 transactions, while the median sale price held steady at $470,000, indicating price stability despite increased volume. Active inventory rose by 7.9%, suggesting more options for buyers, though new listings dipped slightly by 3.9% to 681. This mix of rising inventory and fewer new listings points to a market balancing supply and demand.

Cash buyers made up 29.9% of closed sales, a slight increase from 26.5% the previous year, hinting at a modest shift for cash purchases. Meanwhile, new pending sales totaled 580, reflecting continued buyer interest even as listing activity softened. Overall, the data suggests a resilient market with steady pricing, increased sales momentum, and evolving buyer dynamics heading into our peak transaction season. The infographic below from Florida Realtors contains more information from September.

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Home Buying Home Selling Real Estate

Cash Buyers Abound

Cash buyers are continuing to rule Florida’s real estate market. The Sunshine State dominates national rankings for all-cash home purchases, claiming six of the top 10 cities in the country, including three in Southwest Florida. While no cities in Manatee and Sarasota counties are on that list, cities in both markets still outpace national averages by a wide margin.

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Home Buying Home Selling Real Estate

U.S. Housing Market Update

Buyers are seeing steady improvements in the real estate market across the U.S., but demand remains weak despite more favorable conditions. Mortgage rates continue to decline, and both new listings and builder confidence are on the rise, according to the latest data. However, high home prices and ongoing economic uncertainty continue to weigh heavily on prospective buyers, slowing mortgage applications. Buyers remain hesitant, with concerns about job security and affordability playing a major role. Overall mortgage applications fell 1.8% for the week ending October 10, while purchase applications dropped 3%.

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Home Buying Real Estate

Next Home Budgeting

Florida Realtors has put together the infographic below to help you consider all of the costs of your next home purchase.

Categories
Home Buying Home Selling Real Estate

Manatee County Single-Family Home Market Update

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.