Manatee County Market Report Manatee County Market Report | Page 12

Closed Sales
Monthly Market Detail- March 2025 Townhouses and Condos Manatee County
Summary Statistics
March 2025
March 2024
Percent Change Year-over-Year
Closed Sales Paid in Cash
300 282 6.4 % 156 146 6.8 %
Median Sale Price $ 338,395
$ 342,988-1.3 %
Average Sale Price Dollar Volume
$ 365,631 $ 429,893-14.9 % $ 109.7 Million $ 121.2 Million-9.5 %
Median Percent of Original List Price Received
94.2 % 94.3 %-0.1 %
Median Time to Contract 62 Days 54 Days 14.8 %
Median Time to Sale
106 Days
95 Days
11.6 %
New Pending Sales New Listings
342 436
314 8.9 %
433 0.7 %
Pending Inventory 381 Inventory( Active Listings) 1,816 Months Supply of Inventory 8.2
390-2.3 % 1,519 19.6 % 6.4 28.1 %

Closed Sales

The number of sales transactions which closed during the month
Economists ' note: Closed Sales are one of the simplest— yet most important— indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend comparing the percent changes in sales rather than the number of sales. Closed Sales( and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes( i. e. comparing a month ' s sales to the amount of sales in the same month in the previous year), rather than changes from one month to the next.
Month
Closed Sales
Percent Change
Year-over-Year
Year-to-Date
723
9.0 %
March 2025
300
6.4 %
February 2025
251
28.1 %
January 2025
172
-7.0%
December 2024
216
24.9 %
November 2024
163
-17.7%
October 2024
162
-24.7%
September 2024
164
-25.5%
August 2024
215
-11.2%
July 2024
225
-9.6%
June 2024
246
-17.2%
May 2024
264
-25.8%
April 2024
276
7.8 %
March 2024
282
2.5 %
600 500 400 300 200 100
0
2021 2022 2023 2024
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M
Produced by Florida Realtors ® with data provided by Florida ' s multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Thursday, April 24, 2025. Next data release is Thursday, May 22, 2025.