October Sarasota Real Estate Market Trends – Single-Family Homes

🏠 October 2025 Sarasota Single-Family Home Market

Sales Jump Nearly 30% as Prices Slip and Inventory Rises

Despite softer prices, the single-family market saw a major surge in buyer activity.

📈 Key Single-Family Stats (October 2025)

• Closed Sales: 668 (+29.7%)

• Paid in Cash: 270 (+32.4%)

• Median Sale Price: $445,000 (▼ 9.2%)

• Average Sale Price: $639,723 (▼ 1.6%)

• Dollar Volume: $427.3M (+27.6%)

• Median Percent of Original List Price Received: 92.4% (▼ 1.7%)

• Median Time to Contract: 61 days (+24.5%)

• Median Time to Sale: 106 days (+12.8%)

• New Pending Sales: 640 (+54.6%)

• New Listings: 1,004 (+31.9%)

• Active Inventory: 3,291 (+11.5%)

• Months of Supply: 5.0 months (+6.4%)

📝 Market Insight

The most defining trend this month is the disconnect between rising sales and falling prices—a hallmark of a market finding balance. More inventory and more realistic pricing are drawing buyers back, fueling a nearly 30% jump in closed sales.

Cash remains king, with more than 32% of single-family transactions paid in cash, further demonstrating strong financial confidence among Sarasota buyers.

October Sarasota Real Estate Market Trends– Condos and Townhomes

🏢 October 2025 Sarasota Condo & Townhome Market

Sales Rise, Prices Adjust Sharply, and Inventory Climbs

Rising supply and shifting buyer preferences led to substantial price adjustments in the condo and townhome segment.

📉 Key Condo/Townhome Stats (October 2025)

• Closed Sales: 246 (+23.0%)

• Paid in Cash: 156 (+15.6%)

• Median Sale Price: $310,000 (▼ 19.5%)

• Average Sale Price: $470,642 (▼ 61.4%)

• Dollar Volume: $115.8M (▼ 52.5%)

• Median Percent of Original List Price Received: 89.2% (▼ 5.5%)

• Median Time to Contract: 101 days (+68.3%)

• Median Time to Sale: 141 days (+36.9%)

• New Pending Sales: 262 (+31.0%)

• New Listings: 586 (+60.1%)

• Active Inventory: 2,029 (+23.6%)

• Months of Supply: 7.5 months (+36.4%)

📝 Market Insight

The condo market is undergoing a significant recalibration, with prices reflecting normalization after several years of steep appreciation. Inventory is expanding quickly, giving buyers more choices and time to negotiate.

Despite lower prices, the condo market remains attractive to:

• Seasonal residents

• Retirees

• Investors

• Buyers seeking maintenance-free coastal living

Over 63% of condo sales are cash, underscoring Sarasota’s continued appeal among financially strong buyers.