Mortgage interest rates have continued to decline over the past 30 days. As of this week, the average U.S. rate for a 30-year fixed mortgage is 6.35%, down from 6.58% a month ago. Some borrowers have even reported locking in rates below 6% online. While most forecasts suggest this downward trend may continue gradually through 2025, it’s unclear whether the expected Fed rate cuts are already priced into current mortgage rates.
After the initial excitement of getting into contract on your next home wains, the weight of the moving process starts to sink in. Florida Realtors has put together the infographic below to help take some of that burden off of your shoulders.
The July 2025 housing market in Sarasota County shows a dynamic mix of stability and growth. Closed sales for single-family homes surged by 13% year-over-year, while the median sale price held steady at $470,000, indicating consistent buyer interest without upward pressure on pricing. Active inventory rose 16%, giving buyers more choices and potentially easing competition.
Despite fewer new listings (down 9.9%), new pending sales climbed 11%, signaling strong buyer engagement even with limited fresh inventory. This combination of rising sales and stable prices, alongside increased inventory, paints a picture of a market that’s active yet measured. Sellers may benefit from the uptick in demand, while buyers have more room to negotiate amid growing inventory and a less cash-dominated landscape. The infographic below from Florida Realtors contains more information.
The July 2025 real estate snapshot for single-family homes in Manatee County reveals a mixed market. Closed sales dropped by 9% year-over-year, while the median sale price shrank by 1.8%, suggesting lagging buyer demand due to broader economic uncertainties. Inventory levels climbed 19%, indicating more options for buyers and potentially longer selling times for sellers. Interestingly, cash sales made up 29.5% of all closed deals, down from 31.6% the previous year, hinting at a slight shift toward financed purchases.
On the flip side, new listings dipped 2.9%, and new pending sales improved by 9.5%. Overall, while the market remains active. The data suggests a subtle rebalancing, more inventory, fewer pending deals, and a modest decline in prices, pointing to a landscape where strategic pricing and timing could make all the difference. The infographic below from Florida Realtors contains more.
First impressions matter, and curb appeal is what creates that first impression when a prospective buyer pulls up to your home. Florida Realtors has put together this infographic to help you on your way to creating more curb appeal for your home.
