Sarasota County Market Overview

September’s data shows Sarasota County continuing to rebalance after months of shifting activity. Single-family home prices remained steady, while condos and townhomes experienced modest declines. Luxury properties saw slower sales and longer days on market. Inventory growth is giving buyers more leverage, and sellers are adjusting to a more competitive environment.

Interest Rate and Economic Update

The Federal Reserve’s recent interest rate cut is beginning to influence Sarasota’s housing market. Mortgage rates have eased slightly, now averaging in the mid-6 percent range, and two additional cuts are expected before the end of the year. Lower borrowing costs could encourage more buyers back into the market heading into winter.

Key Takeaways for Buyers

• Rising inventory means more options and stronger negotiation power.
• Stay pre-approved to act quickly when rates drop further.
• Consider refinancing in the future if rates continue to fall.

Key Takeaways for Sellers

• Price strategically as more listings compete for buyers’ attention.
• Invest in presentation and marketing to stand out.
• Keep an eye on interest rate cuts that may temporarily boost demand.

Watch and Explore More

For a deeper dive into Sarasota County’s real estate trends — including data for single-family homes, condos, and luxury properties — watch the full October 2025 Market Report or explore additional tools below.