Categories
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.

Categories
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.

Categories
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.

Categories
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.

Categories
Home Buying Home Prices Home Selling Real Estate

Market Update for Single-Family Homes in Sarasota County

The movement we are seeing in the categories in the graphic below for Sarasota County appears to largely be an amplification of what we are seeing in Manatee. The market is even stronger on the lower end, and weaker on the upper end. Overall, this summer may be the best one we have had in years to purchase in Sarasota County. However, that doesn’t mean buyers are in the driver’s seat. It just means that sellers have to realize they don’t hold the cards that they used to hold. I believe that meaningful negotiations can produce very good outcomes on both sides. The infographic below from Florida Realtors contains more information.