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Home Buying Home Selling Real Estate

Sarasota County Single-Family Home Market Update

In October 2025, Sarasota County’s single-family home market saw a notable uptick in activity, with closed sales rising 30% year-over-year to 668 transactions. New listings surged by 32%, reaching 1,004, while new pending sales jumped an impressive 55%, indicating strong buyer interest. Active inventory also increased by 11%, suggesting more options for buyers. Cash sales accounted for 40.4% of all closed transactions, slightly higher than the previous year’s 39.6%, reflecting continued demand from cash-ready buyers.

Despite the rise in sales volume and listings, the median sale price declined by 9.2% from the prior year, settling at $445,000, indicating stronger activity at the lower end of the market. Overall, the data suggests a dynamic market with growing momentum, where increased supply is meeting robust demand, albeit at slightly softened price points. The infographic below from Florida Realtors contains more.

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Home Buying Real Estate

Hiring Movers

Continuing with the moving theme, Florida Realtors has put together the infographic below to provide you with tips before hiring a moving company.

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Home Buying Mortgages Real Estate

Interest Rates & Mortgage Payments

With the buzz about potentially increasing the term of the 30-year mortgage, I think it’s important that we keep our eye on ball of the more critical factor – interest rates. Personally, 10 to 20 more years of payments to keep a monthly payment down is not as attractive as downward movement in interest rates. The infographic below from Florida Realtors shows how your monthly payment can improve with a 1% improvement in interest rates.

Categories
Home Buying Home Selling Real Estate

Sarasota County Single-Family Home Market Update

In September 2025, Sarasota County’s single-family home market experienced a mix of growth and resilience. Closed sales totaled 646, marking a 26% increase from the previous year, while the median sale price dropped 8.2% to $450,000, suggesting more activity at the bottom end of the market. Active inventory rose to 3,137 homes, a 10% increase year-over-year, indicating more choices for buyers and potentially longer selling times for sellers.

New pending sales reached 637, up 23% from last year, pointing to renewed buyer interest heading into our peak season. Cash purchases made up 40.4% of closed sales, nearly unchanged from the prior year, showing continued strength among cash buyers. New listings held steady at 754, with only a slight 0.7% increase, suggesting sellers are cautiously entering the market. Overall, the data reflects a continuing transitional period, with pricing adjustments and shifting buyer activity shaping the landscape. The infographic below from Florida Realtors contains more information from September.

Categories
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.