Sarasota County Market Report Sarasota County Market Report | Page 7

Pending Sales New Listings
Monthly Market Detail- March 2025 Single-Family Homes 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
2,295
3.2 %
March 2025
837
2.6 %
February 2025
768
2.0 %
January 2025
690
5.3 %
December 2024
516
21.1 %
November 2024
516
12.4 %
October 2024
414
-18.7%
September 2024
518
5.9 %
August 2024
575
-1.4%
July 2024
611
1.2 %
June 2024
590
-0.3%
May 2024
697
4.8 %
April 2024
779
1.4 %
March 2024
816
1.6 %
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

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
3,961
17.3 %
March 2025
1,226
16.2 %
February 2025
1,283
13.9 %
January 2025
1,452
21.4 %
December 2024
920
37.9 %
November 2024
971
5.5 %
October 2024
761
-19.8%
September 2024
749
-10.3%
August 2024
739
-10.1%
July 2024
799
8.3 %
June 2024
828
-1.0%
May 2024
920
13.2 %
April 2024
991
17.3 %
March 2024
1,055
1.1 %
2,000
2021 2022 2023 2024
1,500
1,000
500
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
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.