AUGUST 2025 SARASOTA MARKET UPDATE

AUGUST 2025 SARASOTA MARKET UPDATE

AUGUST 2025SARASOTA MARKET UPDATE

As we take stock of the current real estate landscape in Sarasota and Manatee, it’s clear that we are in a period of recalibration, one that presents both challenges and meaningful opportunities. Inventory levels have improved, giving buyers more choices than we've seen in recent years. While some homeowners are holding onto historically low mortgage rates, this stability is also a sign of a strong foundation: fewer distressed sellers and a market largely supported by equity-rich homeowners. let’s chat.

March 2025
March 2025
*Infographics show data for Sarasota County. Percentage change year over year. Source - REALTOR® Association of Sarasota and Manatee (RASM)

HOT OFF  THE PRESSAMERICA’S 10 STRONGEST STATE ECONOMIES

Florida ranked third overall in CNBC’s 2025 “Top States for Business” list, following North Carolina and Texas. For the third year in a row, it claimed the top spot in the “Economy” category, driven by strong GDP growth, sustained job creation, and notable migration trends—particularly among high-income earners. These factors underscore Florida’s continued appeal as both a business & lifestyle destination. However, the report also points to rising costs of living, with increased expenses in insurance, construction, and coastal property markets—highlighting the growing importance of strategic planning for buyers, investors, and developers across the state. READ MORE

*Source - CNBC.COM
AMERICA’S 10 STRONGEST STATE ECONOMIES

NEW LISTING7747 33RD ST E | SARASOTA | $429,000

7747 33RD ST E SARASOTA

Welcome to your new Florida haven! Nestled in the gated Palm Lakes enclave just north of University Parkway, this beautifully appointed 2 bed, 2 bath home offers 1,464 sq ft of seamless indoor-outdoor living. With a private courtyard entrance, screened lanai, and generous primary suite perfect for a sitting area or home office, everyday life feels like a getaway. Plus, the brand-new A/C, upgraded quartz-topped kitchen, and 1-car garage make this home move-in ready and effortlessly comfortable.


PRICE REDUCTIONS BUILD YOUR DREAM HOME | MYAKKA RIVER ACCESS

Located near Myakka State Park, this serene property is immersed in Florida’s natural beauty, featuring a canal with direct access to the Myakka River—ideal for boating enthusiasts and nature lovers. The property offers exceptional convenience, with Wellen Park’s shopping, dining, and entertainment just minutes away. Future River Road extensions will further enhance accessibility to Manasota Key Beach and the new high school, increasing long-term value MORE DETAILS

$150,000 VACANT LAND 9051 Caloosa Drive Venice, FL 34293 1.09 ACRES MLS#A4637409 MORE INFO
2185 Gulf Of Mexico Dr #243
2185 Gulf Of Mexico Dr #243
$355,000 VACANT LAND 9045 Caloosa Drive Venice, FL 34293 2.2 ACRES MLS#A4637388 MORE INFO

JUST SOLD $1,550,001954 DATURA STREET, SARASOTA, FL

This exceptional single-story home in the highly sought-after West of the Trail neighborhood offers the perfect blend of charm, privacy, and convenience. Ideally located near downtown Sarasota, top-rated schools, and world-renowned beaches, this property is an entertainer’s dream and a tranquil wellness retreat.

1954 DATURA STREET, SARASOTA, F

FOR SALE $7,995,000 1245 MILL CREEK ROAD, MANATEE, FL 3 BED | 4 BATHI | 4,489 SQ FT | MLS #A4630074

1245 MILL CREEK ROAD, MANATEE, FL

This stunning 4,489 sq ft Cape Dutch inspired home boasts expansive water views and abundant features include a beautiful guest house, large multi-purpose barn, 2,000 feet of river frontage, boat dock, "Fish Shack", plant nursery, lagoon, trails and endless idyllic spots to relax and soak up nature. MORE DETAILS


FOR SALE $4,799,000244 CEDAR PARK DR, SIESTA KEY,FL 4 BED | 4 BATH | 3, 721SQFT | MLS#A4651055

Step into the ultimate Siesta Key lifestyle with this meticulously updated, move-in-ready waterfront estate. Nestled in an intimate enclave of just 15 luxury homes, this home offers unparalleled privacy, boating access, and car collector-worthy garage space, this single-story custom residence blends refined interior design with expansive indoor-outdoor living. DETAILS

244 CEDAR PARK DR, SIESTA KEY,FL

FOR SALE $2,580,0002185 GULF OF MEXICO DR, #243, LONGBOAT KEY, FL BED | 3BATH | 2, 445SQFT | MLS#A4651046

1954 DATURA STREET, SARASOTA, F

This exquisite 3-bedroom, 3-bath residence is one of only 38 homes in a secure, amenity-rich enclave that blends coastal elegance with everyday convenience. This rare offering boasts a 195 sq ft balcony with panoramic gulf views, while the main living area and primary suite views are simply breathtaking—creating a seamless flow between indoor and outdoor living. DETAILS


FOR SALE $1,699,000 2833 BAY SHORE CIR | INDIAN BEACH SAPPHIRE SHORES | MLS#A4648576

Step into a tropical oasis just steps from Sarasota Bay! This beautifully updated home in the coveted Indian Beach Sapphire Shores neighborhood blends timeless charm with luxurious upgrades. Set on a lush half-acre lot, the residence offers nearly 3,000 sq ft of stylish, light-filled living space, perfect for entertaining or unwinding. MORE DETAILS

2833 BAY SHORE CIR | INDIAN BEACH SAPPHIRE SHORES | MLS#A4648576

AFFORDABLE NEW CONSTRUCTION IN DOWNTOWN SARASOTA

Looking to own in downtown Sarasota without breaking the bank? The Rosemary District is home to some of the most affordable new construction condos in the city, offering modern design, walkable convenience, and vibrant urban living at a fraction of the typical downtown price. MORE DETAILS

1343 4th St. #101, Sarasota

$1,394,600 1343 4th St. #101, Sarasota FL 3 BED | 2 BATH | 1,468SQFT | MLS#A4659154

430 Kumquat Ct

$1,030,600 430 Kumquat Ct. #202, Sarasota FL 2 BED | 2BATH | 1,057SQFT | MLS#A4650002

430 Kumquat Ct

$995,000 1305 4th St. #301G, Sarasota FL 2 BED | 2 BATH | 1,182SQFT | MLS#A4656537

430 Kumquat Ct

$695,000 1558 4th St. #406, Sarasota FL 1 BED | 2 BATH | 727SQFT | MLS#A4524969


SUMMER STAYCATION

Unusually for us, we have stayed local this summer, with a trip to the timeless Vinoy hotel in St Pete, sunsets on Longboat Key with clients/friends, and a girls’ night on beautiful Anna Maria.

Murray News