ℹ️ Report scope: Data covers all residential listings in the Stellar MLS Florida coverage area (multiple counties) with information as of Aug 6, 2025.

Each bullet compares July 2025 data to the previous month and year, based on the Stellar MLS Florida Market Report (residential listings, data as of Aug 6, 2025).

🏡 Active Listings: 79,001 (🔽3% from last month, 🔼15% from last year) — The number of homes on the market is slightly down from June but still significantly higher than July 2024.

🆕 New Listings: 20,330 (🔽2% from last month, 🔽7% from last year) — New listings dipped both month-over-month and year-over-year.

⏳ Pending Sales: 17,700 (↔️0% from last month, 🔽4% from last year) — Pending (under-contract) sales were flat compared to June and modestly lower than last July.

✅ Listings Sold: 14,951 (🔽5% from last month, 🔽4% from last year) — The number of closed sales fell relative to both last month and July 2024.

⏱️ Average Days on Market (ADOM): 69 days (🔼1% from last month, 🔼25% from last year) — Homes took a bit longer to sell than in June 2025 and much longer than in July 2024.

💵 Total Sales Volume: $6.64 billion (🔽7% from last month, 🔽7% from last year) — Total dollar volume of home sales declined from both June 2025 and July 2024 levels.

💰 Average Sales Price: $444,248 (🔽3% from last month, 🔽3% from last year) — The average sale price eased down slightly on both a monthly and yearly basis.

📦 Months of Inventory: 5.3 months (🔼2% from last month, 🔼21% from last year) — Housing supply (months of inventory) ticked up a bit from June and is notably higher than a year ago.

Top Residential Area Sales

A home on Casey Key on Casey Key Road tops the week's sales at $4 million.

A home in Sleepy Lagoon Park on Penfield St. tops the week’s sales at $1.05 million.

A home in Azario Esplanade topped the week's sales at $1.7 million.

Buyer Home Tours Daily! Call Rob Now for an Appointment!

941-685-0292

↘️ BRADENTON

↘️ ENGLEWOOD

↘️ LAKEWOOD RANCH

↘️ LIDO KEY

↘️ LONGBOAT KEY

↘️ NOKOMIS

↘️ NORTH PORT

↘️ OSPREY

↘️ SARASOTA

↘️ SIESTA KEY

↘️ VENICE

🧐 Rob's Take for Sarasota County This Week:

In the Sarasota County real estate market, it was a turnaround week.

🏡🛑 New Listings were down again and Cancelled Units slowed down by over 45%, which helped reduce inventory somewhat, but overall, some sellers are holding off until they see a brighter future. That only helps the sellers remaining in the game now.

📉 Price cuts moved back up this week to the low-mid 500 Units, and remain higher than this time last year. This presents a golden opportunity for savvy buyers and sellers alike to capitalize.

📊 Sales were down by almost the same percentage they moved up last week.

Can you say rollercoaster?

So, don't let these market changes leave you in the dark—reach out for a personalized consultation, and let Rob illuminate your path to success with his commitment to transparency and exceptional service!

Manatee County 7-DAY MOVERS!

🧐 Rob's Take for Manatee County This Week:

Manatee County had a few changes this week.

🏡🛑 The Cancelled properties calmed down by over 45%, and New Listings were up for the first time in a few weeks. That indicates another gain in new, and active listings.

📉 Price cuts jumped to the high-400 unit mark this week; this trend continues to affect prices, and I keep an eye on it. They remain high compared to last year. And not many people report on this. But it does represent a better deal overall for Buyers.

The market is slowly adjusting downward, chipping away at the gains realized during the 2020 through mid-2022 COVID buying spree that drove up home prices to almost double their worth!

📊 While sales are moving up and down from week to week, this ebb and flow is a natural part of the market's rhythm. Staying informed is your best strategy in these fluctuating times, and at RE/MAX Palm Realty, we're here to provide the insights you need to navigate this ever-changing environment with confidence.

So, don't let these market changes leave you in the dark—reach out for a personalized consultation, and let me illuminate your path to success with my commitment to transparency and exceptional service!

Mortgage rates fall to a nine-month low! YES!

Mortgage rates dipped again this week, with 30-year fixed-rate loans averaging 6.63 percent, according to Bankrate’s latest lender survey. That’s the lowest they’ve been since October 2024. However, this decline in mortgage rates isn’t like the plunge experienced during the pandemic.

Last week, the Federal Reserve said it would keep its benchmark interest rate unchanged. However, there was some disagreement among Fed governors. GO YOU FED GOVERNORS!

However, the main driver of mortgage rates is not the Fed but 10-year Treasury yields, which had flirted with 4.5 percent recently but dipped to less than 4.3 percent this week.

The Latest Deals!

Welcome to Heather Lake Community in sunny Sarasota Florida! This light and bright 2-bed / 2-bath / 2-car-garage home with hardwood floors throughout the living area, skylight, and updated appliances is exactly what you are looking for. The living space is open and perfect for entertaining. The amazing lanai opens to a beautiful, large wooded lot with mature landscaping and privacy galore! Custom Bahama shutters throughout the home. Smart thermostat, ring doorbell, and washer/dryer included! This home experienced no damage in the previous storms! Conveniently located close to incredible beaches, parks, restaurants, shops, and airport, with easy access to University Town Center and downtown Sarasota. Welcome to the Florida Lifestyle - like being on vacation everyday! Call Rob Sartore 941-685-0292 for a showing today!

Sarasota Events and Starter Kits...