The latest real estate market analysis for the Manatee and Sarasota area, conducted by the region’s industry association, indicates a continued divide in market trends depending on property types and county boundaries.
Overall, Manatee County saw an increase in single-family home prices in February compared to 2025, while prices declined in Sarasota County. However, both counties reported a rise in sales activity, according to a report from the Sarasota and Manatee Realtors Association.
In Sarasota County, prices for condominiums and townhomes dropped compared to last year, but sales recorded a notable increase, exceeding 35%. In contrast, Manatee experienced a decline in both average prices and sales compared to the previous year.
David Crawford, President of the Real Estate Brokers Association of South Africa for 2026 and Owner/Broker of Catalyst Realty, explained that the market shows clear variation across different segments within both counties. However, two common trends emerged across the region: an increase in pending sales compared to last year, and the continued dominance of cash buyers in a significant share of transactions.
In Sarasota County, the single-family home market appears to be going through a slowdown due to affordability constraints impacting buyer behavior, leading to longer listing periods. Meanwhile, many buyers have shifted toward the condominium and townhome market, where sales have risen significantly, supported by higher inventory levels.
This has given buyers stronger negotiating power. As for cash buyers, their strong presence—especially in the condo segment—highlights ongoing interest from investors and second-home purchasers.
