THE ZARGHAMI REPORT

SARASOTA’S MOST CURRENT AND RELEVANT REAL ESTATE MARKET INFORMATION

East Manatee Market Report

JULY 2026

Market data for Manatee County properties south of the Manatee River and east of I-75.
Updated August 5, 2026

Highlights

  • East Manatee strengthened as sales increased, inventory declined, and homes sold much faster than one year ago.
  • Median and average prices both moved lower, showing that stronger activity did not translate into broad price growth.
  • Buyers had fewer homes to choose from, which reduced competition among sellers.
  • The market moved faster than Manatee County overall and had one of the lowest supply levels in the county.
  • Conditions were seller-leaning from a supply and pace standpoint, but buyers remained disciplined on price.

Market Conditions

East Manatee was one of the most active parts of Manatee County in July 2026. Sales increased, inventory declined, and homes sold significantly faster than they did one year earlier.

Closed sales rose from 240 in July 2025 to 282 in July 2026, an increase of 18%. Active inventory fell from 1,133 homes to 859, a decline of 24%. Months of supply dropped from 4.4 months to 2.8 months.

These changes tightened the market considerably. With less than three months of supply, East Manatee moved into seller-leaning territory. It was also tighter than Manatee County overall, which had 3.6 months of supply.

However, lower prices showed that sellers did not have unlimited leverage. Buyers were active, but they continued to make careful value comparisons, particularly in areas where resale homes competed with new construction.

Pricing Trends

Both major price measures declined, which suggests broader pricing pressure rather than a change caused only by a few unusual sales.

The median sale price fell 5%, from $595,000 in July 2025 to $566,000 in July 2026. The average sale price declined 9%, from $747,000 to $681,000.

Because median and average prices moved in the same direction, the results point to a softer pricing environment. The decline may also reflect a shift toward lower-priced sales within the area, but the data does not support a conclusion of broad appreciation.

East Manatee includes master-planned communities, golf-course neighborhoods, acreage properties, and newer construction. Pricing can vary widely based on community amenities, builder incentives, lot premiums, age, and upgrades.

New-home competition may also influence resale values. Builders can use incentives, rate buydowns, and closing-cost assistance that do not always appear directly in the recorded sale price, making careful comparisons especially important.

Inventory Trends

Inventory declined by 274 homes from July 2025, sharply reducing the number of properties competing for buyers. Months of supply fell from 4.4 to 2.8 months.

This was one of the tightest inventory levels in Manatee County. Buyers had fewer resale options, and well-positioned homes faced less direct competition.

The decline in supply occurred alongside stronger sales, which indicates that the market tightened through both improved demand and reduced inventory. That combination typically gives sellers more support.

Even so, resale listings may still compete with new construction, where incentives can affect buyer decisions. Sellers need to consider both active resale listings and builder offerings when evaluating market position.

Market Pace

East Manatee became much faster in July 2026. Median days on market fell from 75 days to 39 days.

This 36-day improvement was one of the most significant changes in the regional data. East Manatee also moved faster than Manatee County overall, where the median was 49 days.

The combination of more sales, fewer listings, and shorter market times confirms that buyer demand improved. Buyers were acting more quickly when homes offered the right balance of location, condition, amenities, and price.

However, declining prices show that faster sales did not come from buyers accepting aggressive asking prices. The market rewarded homes that were aligned with current value.

What This Means for Buyers

Buyers should expect stronger competition for well-priced homes because inventory has fallen and market times have shortened. Negotiating opportunities still exist, especially when a resale home competes directly with new construction or needs updates. Buyers should compare builder incentives, community fees, and total ownership costs rather than focusing only on the asking price.

What This Means for Sellers

Sellers benefit from lower inventory, stronger sales, and a much faster market pace. However, falling median and average prices show that buyers remain price-sensitive. Sellers should account for nearby new construction, builder incentives, and recent comparable sales when setting an asking price.
Combined Market Data
Closed Sales Data
Closed Units
282
+17.5%
Median Price
$566,250
-4.8%
Average Price
$680,546
-8.9%
Median DOM
39
-48.0%
Pending Data
Pending Units
416
Median Price
$611,995
Average Price
$761,597
Median DOM
45
Inventory Data
Inventory Units
859
-24.2%
Median Price
$585,000
Average Price
$745,597
Median DOM
49
Months Supply
2.8
-36.3%
Luxury Threshold
Sarasota County
$1,300,000
+35.4%
Manatee County
$925,000
-3.6%
Single Family Homes
Closed Sales Data
Closed Units
210
+12.9%
Median Price
$658,750
-3.4%
Average Price
$792,497
-7.4%
Median DOM
37
-50.7%
Pending Data
Pending Units
316
Median Price
$687,000
Average Price
$883,068
Median DOM
40
Inventory Data
Inventory Units
638
-24.0%
Median Price
$699,000
Average Price
$871,649
Median DOM
49
Months Supply
2.8
-37.9%
Condos, Townhomes, Villas
Closed Sales Data
Closed Units
72
+33.3%
Median Price
$337,500
-5.6%
Average Price
$354,021
-4.9%
Median DOM
51
-31.1%
Pending Data
Pending Units
100
Median Price
$349,950
Average Price
$377,750
Median DOM
68
Inventory Data
Inventory Units
221
-24.8%
Median Price
$339,000
Average Price
$381,699
Median DOM
53
Months Supply
2.7
-32.0%
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THE ZARGHAMI REPORT

Source

Figures in this report are based on data from the My Florida Regional Multiple Listing Service (MLS).

Terms of Use

The information contained in this real estate market report is based on data available at the time of its creation and is provided for general informational purposes only. Certain data may be excluded from these calculations if it is determined to be the result of bulk reporting practices that do not represent the current market conditions. While we strive to ensure the accuracy and reliability of the data, we recommend that individuals independently verify any information before making financial or real estate-related decisions. We are not responsible or liable for any inaccuracies, errors, or omissions in the data provided, or for any actions taken in reliance upon this information.

Zarghami Group | KW Coastal Living III
401 N Cattlemen Road Suite 308
Sarasota, FL 34232
941-241-3622
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