Sarasota County Market Report Sarasota County Market Report | Page 2

Closed Sales
Monthly
Market Detail- March 2025 Single-Family Homes Sarasota County
Summary Statistics
March 2025
March 2024
Percent Change Year-over-Year
Closed Sales Paid in Cash
817 723 13.0 % 365 322 13.4 %
Median Sale Price $ 469,450
$ 515,000-8.8 %
Average Sale Price Dollar Volume
$ 727,555 $ 798,731-8.9 % $ 594.4 Million $ 577.5 Million 2.9 %
Median Percent of Original List Price Received
94.2 % 95.2 %-1.1 %
Median Time to Contract 40 Days 40 Days 0.0 %
Median Time to Sale
82 Days
78 Days
5.1 %
New Pending Sales New Listings
837 1,226
816 2.6 %
1,055 16.2 %
Pending Inventory 1,051 Inventory( Active Listings) 4,412 Months Supply of Inventory 6.9
1,094-3.9 % 3,374 30.8 % 5.3 30.2 %

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
1,926
7.8 %
March 2025
817
13.0 %
February 2025
589
2.1 %
January 2025
520
6.8 %
December 2024
604
16.6 %
November 2024
439
-18.9%
October 2024
515
-4.3%
September 2024
513
-19.6%
August 2024
633
-1.9%
July 2024
642
1.4 %
June 2024
692
-10.0%
May 2024
850
3.4 %
April 2024
811
8.6 %
March 2024
723
-12.5%
1,400 1,200 1,000 800 600 400 200
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.