Sarasota County Market Report Sarasota County Market Report | Page 17

Pending Sales New Listings
Monthly Market Detail- May 2025 Townhouses and Condos Sarasota County

New Pending Sales

The number of listed properties that went under contract during the month
Economists ' note: Because of the typical length of time it takes for a sale to close, economists consider Pending Sales to be a decent indicator of potential future Closed Sales. It is important to bear in mind, however, that not all Pending Sales will be closed successfully. So, the effectiveness of Pending Sales as a future indicator of Closed Sales is susceptible to changes in market conditions such as the availability of financing for homebuyers and the inventory of distressed properties for sale.
Month
New Pending Sales
Percent Change
Year-over-Year
Year-to-Date
1,627
-12.4%
May 2025
302
6.3 %
April 2025
302
-20.1%
March 2025
372
-12.9%
February 2025
374
-13.4%
January 2025
277
-17.8%
December 2024
206
-18.3%
November 2024
236
-24.6%
October 2024
200
-13.8%
September 2024
229
1.3 %
August 2024
183
-25.3%
July 2024
229
-20.5%
June 2024
247
-16.3%
May 2024
284
-14.7%
800
2021 2022 2023 2024
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

New Listings

The number of properties put onto the market during the month
Economists ' note: New Listings tend to rise in delayed response to increasing prices, so they are often seen as a lagging indicator of market health. As prices rise, potential sellers raise their estimations of value— and in the most recent cycle, rising prices have freed up many potential sellers who were previously underwater on their mortgages. Note that in our calculations, we take care to not include properties that were recently taken off the market and quickly relisted, since these are not really new listings.
Month
New Listings
Percent Change
Year-over-Year
Year-to-Date
3,024
6.3 %
May 2025
414
4.3 %
April 2025
499
0.6 %
March 2025
634
10.5 %
February 2025
628
-3.5%
January 2025
849
16.6 %
December 2024
503
14.3 %
November 2024
544
-6.7%
October 2024
366
-25.8%
September 2024
366
-10.3%
August 2024
297
-21.8%
July 2024
354
6.9 %
June 2024
358
-5.5%
May 2024
397
3.4 %
1,000
2021 2022 2023 2024
800
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
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 Monday, June 22, 2025. Next data release is Wednesday, July 23, 2025.