Sarasota County Market Report Sarasota County Market Report | Page 12

Closed Sales
Monthly Market Detail- August 2025 Townhouses and Condos Sarasota County
Summary Statistics
August 2025
August 2024
Percent Change Year-over-Year
Closed Sales Paid in Cash
247 217 13.8 % 153 127 20.5 %
Median Sale Price $ 300,000
$ 345,000-13.0 %
Average Sale Price Dollar Volume
$ 421,681 $ 481,706-12.5 % $ 104.2 Million $ 104.5 Million-0.4 %
Median Percent of Original List Price Received
88.5 % 91.6 %-3.4 %
Median Time to Contract 87 Days 72 Days 20.8 %
Median Time to Sale
132 Days
117 Days
12.8 %
New Pending Sales New Listings
261 335
183 42.6 %
297 12.8 %
Pending Inventory 472 Inventory( Active Listings) 1,882 Months Supply of Inventory 7.0
469 0.6 % 1,672 12.6 % 5.5 27.3 %

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
August 2025
2,296
247
-9.0% 13.8 %
July 2025
239
-16.1%
June 2025
290
2.5 %
May 2025
342
-19.1%
April 2025
375
-13.0%
March 2025
324
-19.8%
February 2025
237
-12.2%
January 2025
242
15.8 %
December 2024
256
-19.5%
November 2024
236
-19.7%
October 2024
200
-18.7%
September 2024
230
-21.2%
August 2024
217
-22.2%
800
2021 2022 2023 2024 2025
600
400
200
0
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 A M J J A
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 Tuesday, September 23, 2025. Next data release is Thursday, October 23, 2025.