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  • The Good News is… Your Sarasota & Manatee County Market Update for March 2023

The Good News is… Your Sarasota & Manatee County Market Update for March 2023

The Sarasota and Manatee real estate market update for March 2023 shows a slight decrease in single-family homes and an increase in condo prices. The median price for single-family homes is $528k, up 8% YoY, while condos’ median price is $423k, up almost 15%. Both markets are in a neutral state. Manatee County is seeing a 6% drop in price, with Lakewood Ranch being a significant driver. The market is easing, but bidding wars are still happening. Interest rates dropping below 6% may bring more buyers to the market.

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