Sales Strengthen, Prices Recalibrate, and Inventory Shifts the Market Toward Balance
The Sarasota County real estate market showed clear signs of stabilization in November 2025, with strong buyer activity in the single-family segment, meaningful price adjustments across property types, and inventory trends that continue to reshape negotiations. Buyers are active but selective, sellers are adjusting expectations, and the market is moving decisively toward a more balanced environment.
According to Florida Realtors®, Sarasota County recorded 792 closed sales in November across single-family homes, condos, and townhomes. While overall dollar volume declined year-over-year due to price normalization—particularly in the condo market—transaction activity remains healthy as buyers respond to improved affordability and increased choice.
While prices are adjusting broadly, Sarasota’s luxury segment continues to reflect selective but resilient demand, especially in well-located coastal and lifestyle-oriented communities.
Cash purchases remain a dominant force
Waterfront, golf, and walkable communities continue to outperform
Buyers are prioritizing value, condition, and location over speculative pricing
99 homes sold for over $1 million
90% of the top 10 luxury sales occurred in coastal communities
Top sale: a waterfront residence on Bird Key for $6.55 million
Other top coastal sales ranged from $3.45M to $6.55M
This continuing trend highlights unwavering demand for Gulf-front, bayfront, and walkable coastal properties—further cementing areas like St. Armands Key, Lido Key, Siesta Key, Longboat Key, and Bird Key as premier destinations for affluent buyers.

Sales Surge as Prices Ease and Inventory Tightens Slightly
Single-family homes led Sarasota’s November performance, posting one of the strongest year-over-year sales increases in Southwest Florida.
Closed Sales: 564 (+28.5% YoY)
Paid in Cash: 241 (+28.9% YoY)
Median Sale Price: $457,495 (▼ 6.6% YoY)
Average Sale Price: $665,717 (▼ 6.0% YoY)
Dollar Volume: $375.5 million (+20.7% YoY)
Median % of Original List Price Received: 93.3%
Median Time to Contract: 54 days
Median Time to Sale: 94 days
New Pending Sales: 597 (+15.7% YoY)
New Listings: 755 (▼ 22.2% YoY)
Active Inventory: 3,245
Months of Supply: 4.8 months (▼ from 5.2)
The single-family segment is tightening modestly as new listings declined and sales surged. While prices have softened from last year’s highs, buyer confidence keeps transaction volume strong, particularly among cash buyers. With under five months of inventory, well-priced homes in desirable Sarasota neighborhoods continue to attract solid interest.

Prices Reset, Inventory Expands, and Buyers Gain Leverage
The condo and townhome market continues a measured recalibration, driven by expanding inventory and buyer sensitivity to price.
Closed Sales: 228 (▼ 3.4% YoY)
Paid in Cash: 142 (flat YoY)
Median Sale Price: $329,500 (▼ 11.8% YoY)
Average Sale Price: $491,300 (▼ 32.2% YoY)
Dollar Volume: $112.0 million (▼ 34.5% YoY)
Median % of Original List Price Received: 92.0%
Median Time to Contract: 61 days (▼ 6.2%)
Median Time to Sale: 103 days (▼ 12.7%)
New Pending Sales: 265 (+12.3% YoY)
New Listings: 527 (▼ 3.1% YoY)
Active Inventory: 2,203 (+19.5% YoY)
Months of Supply: 8.1 months (▲ from 6.3)
The condo market is clearly buyer-favored, with more than eight months of supply and noticeable price adjustments. Despite fewer closed sales, rising pending activity shows buyers are re-entering—particularly in well-maintained, well-located properties priced realistically. Cash demand remains steady, reinforcing interest from retirees and seasonal buyers.

🔺 1. Single-Family Sales Are Powering the Market
Closed sales jumped nearly 30%, confirming strong demand where pricing aligns with value.
🔻 2. Prices Are Normalizing Across Property Types
Single-family prices eased moderately, while condos experienced sharper adjustments—creating improved affordability.
📦 3. Inventory Is Creating Two Distinct Markets
Single-family homes: 4.8 months (balanced)
Condos/townhomes: 8.1 months (buyer-friendly)
💵 4. Cash Buyers Remain a Stabilizing Force
Cash purchases continue to anchor both segments, especially condos.
📉 5. Buyers Are Strategic, Not Rushed
Faster contract times in condos and stable timelines for homes show buyers are confident—but selective.

This market rewards preparation:
More negotiating leverage
Improved pricing
Wider inventory selection
Strong opportunities in condos and select neighborhoods
Homes are selling—but pricing and presentation matter more than ever.
Competitive pricing drives results
Lifestyle-focused marketing is key
Experienced local guidance is essential

View the November Sarasota Real Estate Market Trends:
Sarasota Housing Market November 2025 – Single Family Homes
Is the Sarasota housing market a buyer’s or seller’s market right now?
The Sarasota housing market is currently trending toward a more balanced environment, with rising inventory and longer decision timelines giving buyers more leverage—while well-priced homes continue to sell.
Are home prices in Sarasota going up or down?
Prices are adjusting modestly, reflecting normalization after years of rapid appreciation. These shifts are helping re-engage buyers without indicating market weakness.
How long are homes taking to sell in Sarasota?
On average, single family homes are taking 54 days to go under contract and 94 days to close. Similarly, condos are taking 61 days to go under contract and 103 days to close, giving buyers more time to evaluate options and making pricing strategy critical for sellers.
Are cash buyers still active in the Sarasota market?
Yes. Cash buyers remain a significant part of the market, particularly in condos and lifestyle communities, helping stabilize demand even as financing conditions change.
Is now a good time to buy a home in Sarasota?
For many buyers, yes. Increased inventory, improved pricing, and less competition have created opportunities—especially for buyers who are prepared and well-informed.
Should I sell my home in Sarasota now or wait?
Homes are still selling, particularly those priced realistically and located in desirable neighborhoods. The key to success is accurate pricing and professional marketing, not timing the market.
Inventory is trending up, giving buyers more options
Prices are adjusting, creating realistic expectations
Cash buyers remain active
Buyers are more selective and value-focused
This market favors:
Buyers seeking negotiating leverage
Condo and lifestyle buyers
Cash and seasonal buyers
Sellers in high-demand neighborhoods

Whether you’re buying or selling in Sarasota County, Naples, or Southwest Florida’s golf and lifestyle communities, our team delivers data-driven insights and proven strategies tailored to today’s market.
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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!