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Sarasota County Real Estate Update – June 2025
Are you curious about what’s happening in the Sarasota housing market? The latest data from June 2025 reveals a clear shift in market dynamics. Whether you’re a buyer, seller, or real estate investor, understanding these trends is essential for making informed decisions. Let’s take a closer look at what’s driving Sarasota’s real estate market this summer.
Overall, 989 properties sold, totaling more than $651 million in the Sarasota-North Port-Bradenton region.
🌴 High Demand for Sarasota’s Luxury Waterfront Homes Continues
Sarasota’s luxury real estate market continues to demonstrate strong demand, particularly for high-end waterfront properties. In June 2025, 128 homes sold for $1 million or more, reflecting only a slight seasonal dip from May’s 139 sales. The top sale of the month was a new construction condominium at St. Regis on Longboat Key Club, which closed at $9.795 million.
Notably, 90% of the top 10 highest-priced homes sold were Gulf-front or Bayfront properties, ranging from $4.4 million to $9.795 million. This ongoing trend highlights buyer confidence in Sarasota’s luxury coastal real estate and reinforces the appeal of waterfront living on Florida’s Southwest Gulf Coast.
Now, let’s break down the latest trends for both property types.
June Sarasota Real Estate Market Trends – Single-Family Homes
🏡 Single-Family Homes – June 2025 Market Snapshot
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Closed Sales: 699 (▲ 1% YoY)
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Pending Sales: 659 (▲ 11.7% YoY)
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New Listings: 805 (▼ 2.8% YoY)
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Inventory (Active Listings): 3,955 (▲ 23.2% YoY)
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Median Sale Price: $455,000 (▼ 8.1% YoY)
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Average Sale Price: $692,793 (▲ 0.5% YoY)
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Median Time to Contract: 60 Days (▲ 20.0% YoY)
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Months’ Supply of Inventory: 6.3 months (▲ 26% YoY)
Takeaway for Buyers and Sellers:
The Sarasota single-family home market in June 2025 is shifting toward balance, with inventory up over 23% and homes taking longer to sell. While prices have softened—median sale price is down 8.1%—buyer activity remains strong, as seen in an 11.7% increase in pending sales. For buyers, this means more options and better negotiating power. For sellers, accurate pricing and strong presentation are key to standing out in a more competitive market.
June Sarasota Real Estate Market Trends– Condos and Townhomes
🏙️ Condos and Townhomes – June 2025 Market Snapshot
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Closed Sales: 290 (▲ 2.5% YoY)
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Pending Sales: 241 (▼ 2.4% YoY)
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New Listings: 315 (▼ 12% YoY)
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Inventory (Active Listings): 2,229 (▲ 14.8% YoY)
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Median Sale Price: $371,750 (▼ 3.2% YoY)
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Average Sale Price: $577,550 (▼ 0.6% YoY)
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Median Time to Contract: 72 Days (▲ from 59 Days YoY)
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Months’ Supply of Inventory: 8.3 months (▲ 31.7% YoY)
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Cash Sales: 290 (▲ 2.5% YoY)
Takeaway for Buyers and Sellers:
Sarasota’s condo and townhome market in June 2025 is leaning further in favor of buyers, with inventory up nearly 15% and a growing supply of 8.3 months. While closed sales and cash deals held steady, new listings dropped sharply and pending sales dipped slightly—indicating a more selective buyer pool. Prices have softened, with the median down 3.2%, and units are taking longer to go under contract. Buyers benefit from increased choice and price flexibility, while sellers should prepare for longer timelines and ensure their properties are well-priced and move-in ready to compete effectively.
Buyer’s Market Takes Hold in Sarasota
The Sarasota and Manatee County real estate markets continued their cooling trend in June. With home prices declining, inventory levels rising, and properties spending more time on the market, conditions have shifted in favor of buyers.
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Inventory Growth: Housing inventory surged across the board—up over 23% year-over-year in Sarasota and 28% in Manatee County. Buyers now have more options, greater negotiating power, and more time to make a purchase decision.
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Longer Days on Market: Homes are taking significantly longer to sell. On average, properties spent 60–82 days on the market before going under contract and nearly 100 days to close.
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Pending Sales Rise: Despite the slowdown, pending contracts rose 11% year-over-year, a positive sign that buyers are still actively engaging.
What This Means for Buyers
If you’re considering buying a home in Sarasota, now may be the time to make your move. With higher inventory and more favorable pricing, buyers can:
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Take their time: Less competition means fewer bidding wars.
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Negotiate better deals: Price reductions and seller concessions are becoming more common.
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Choose from more inventory: With nearly 6–8 months of supply in some segments, you’re no longer limited to a handful of listings.
However, well-priced homes in desirable communities still sell quickly—especially those in move-in ready condition or in sought-after golf and waterfront neighborhoods.
What This Means for Sellers
If you’re selling a home in Sarasota, strategic pricing is more important than ever. Overpriced homes are sitting longer and often require price cuts before selling.
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Price to sell: Homes that sell tend to close at 92–94% of list price.
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Prep and stage: Homes in excellent condition are attracting more attention.
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Be flexible: Buyers may request more concessions or closing cost assistance.
The market has shifted—homes won’t sell in days like they did during the 2021–2022 peak. Sellers need to be realistic and proactive.
Is Sarasota Still a Good Place to Invest in Real Estate?
Yes—but strategy matters more than ever. For investors, the cooling market presents potential opportunities:
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Discounted entry prices in neighborhoods with long-term appreciation potential.
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Rental demand remains high, especially near golf communities, beaches, and downtown Sarasota.
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Luxury real estate in areas like Longboat Key and Lido Beach remains resilient and may be slower to decline.
Sarasota Real Estate Market Reports
2025 June Sarasota Real Estate Market Trends for Single Family Homes
2025 June Sarasota Real Estate Market Trends for Condos
New Listings in Southwest Florida Golf Communities
Naples Golf Guy Monthly Market Report – NEW!!!
Final Thoughts
The Sarasota real estate market in June 2025 is firmly favoring buyers. Prices are down, inventory is up, and sellers must adjust their expectations to attract serious buyers. If you’re thinking of buying or selling in a Sarasota golf community, or want expert guidance on the best opportunities in today’s shifting market, I’m here to help.
👉 Start your property search | 📞 Schedule your personalized market consultation – 239.370.0892
About Naples Golf Guy
For expert guidance in Southwest Florida real estate, contact Naples Golf Guy, Matt Klinowski P.A. Whether you’re looking to buy a single-family home or condo in Naples, Bonita Springs, Estero, Ft. Myers or Sarasota I can help. With over 20 years of experience, I offer valuable market information and insights into individual communities to help you find the perfect home and lifestyle in the best golf community to fit your needs. Reach out to me today to get started!
Contact Matt: Matt@NaplesGolfGuy.com or at 239-370-0892
