THE ZARGHAMI REPORT

SARASOTA’S MOST CURRENT AND RELEVANT REAL ESTATE MARKET INFORMATION

North Manatee Market Report

JUNE 2026

Market data for Manatee County properties north of the Manatee River.
Updated July 6, 2026

Highlights

  • North Manatee County remained active in June 2026, with sales rising to the highest June level in the data set.
  • Pricing improved from last year, but remained below the 2022 through 2024 peak period.
  • Inventory increased, yet stronger sales kept months of supply in a balanced to seller-leaning range.
  • Homes sold slightly faster than last year, showing steady buyer demand despite higher supply.
  • Sellers had a supportive market, but buyers still had meaningful choice across new and resale options.

Market Conditions

North Manatee County remained one of the more active parts of the regional market in June 2026. Sales increased, pricing improved, and homes continued to move at a steady pace. Unlike several other submarkets, inventory also increased, which kept conditions from becoming too tight.

Closed sales rose to 426 in June 2026, up from 352 one year earlier. That was the highest June sales total shown for North Manatee County in the data set, reflecting strong buyer activity in this growing part of the county. Active inventory increased to 1,273 homes, up from 1,164 in June 2025.

Even with higher inventory, months of supply fell from 3.9 months to 3.3 months because sales activity improved more than supply increased. That 3.3-month supply level placed North Manatee County in a balanced to seller-leaning position. It was also slightly tighter than Manatee County overall, which had 3.8 months of supply.

Pricing Trends

Pricing improved from last year. The median sale price rose to $407,000, up from $380,000 in June 2025. Because the median reflects the middle of the market, this points to stronger typical sale pricing.

The average sale price also increased, rising to $463,000 from $422,000 one year earlier. Since both the median and average price moved higher, the pricing trend appears broadly supported. This suggests stronger pricing across the market rather than a simple shift caused by a few higher-end sales.

Even with the year-over-year gain, prices remained below the higher levels recorded in 2022 through 2024. That matters because North Manatee has a large new-construction presence, and pricing can be affected by builder inventory, incentives, product mix, and buyer affordability. The June data points to recovery from last year, not a return to peak-era pricing pressure.

Inventory Trends

Inventory increased, but the market still tightened because sales rose faster. Active listings climbed from 1,164 in June 2025 to 1,273 in June 2026. Normally, higher inventory can give buyers more leverage, but in this case the increase was absorbed by stronger sales activity.

Months of supply dropped to 3.3 months, down from 3.9 months last year. This shows that demand kept pace with available supply. Buyers had more listings to choose from, but the market did not become oversupplied.

North Manatee County’s inventory picture should also be viewed through the lens of growth. Areas such as Parrish and surrounding communities often have more new-home supply, which can give buyers choices between resale homes and builder inventory. Sellers needed to understand that competition, especially when builders offered incentives or quick move-in homes.

Market Pace

The market pace remained steady and slightly improved. Median days on market fell to 46 days, down from 48 days one year earlier. That matched Manatee County overall and showed that homes were moving at a normal, healthy pace.

The larger story was sales volume. More homes closed despite higher inventory, which points to strong absorption. Buyers were active, but they were not necessarily rushing. They had enough choices to compare value, community, lot, floor plan, condition, and builder incentives.

This created a practical middle ground. Sellers had solid demand, but buyers still had options. Homes that aligned with current pricing and buyer expectations were better positioned to move.

What This Means for Buyers

North Manatee County buyers had more choices than they did last year, especially with resale and new-construction options competing for attention. Even so, strong sales activity kept the market from becoming buyer-leaning. Buyers needed to compare builder incentives, resale pricing, community fees, and long-term value before making a decision.

What This Means for Sellers

North Manatee County sellers had a supportive market in June 2026, with higher sales, stronger pricing, and balanced supply. The increase in inventory meant sellers still had to compete, especially against new construction. Accurate pricing, strong presentation, and awareness of builder competition were important for standing out.
Combined Market Data
Closed Sales Data
Closed Units
426
+21.0%
Median Price
$406,500
+7.0%
Average Price
$462,695
+9.7%
Median DOM
46
-4.2%
Pending Data
Pending Units
502
Median Price
$399,450
Average Price
$456,973
Median DOM
45
Inventory Data
Inventory Units
1,273
+9.4%
Median Price
$424,999
Average Price
$518,455
Median DOM
51
Months Supply
3.3
-13.9%
Luxury Threshold
Sarasota County
$1,348,000
+34.8%
Manatee County
$914,750
-8.5%
Single Family Homes
Closed Sales Data
Closed Units
389
+27.1%
Median Price
$412,185
+4.4%
Average Price
$474,464
+8.8%
Median DOM
46
-11.5%
Pending Data
Pending Units
450
Median Price
$409,250
Average Price
$468,487
Median DOM
46
Inventory Data
Inventory Units
1,148
+13.2%
Median Price
$434,945
Average Price
$531,889
Median DOM
51
Months Supply
3.4
-15.9%
Condos, Townhomes, Villas
Closed Sales Data
Closed Units
37
-19.6%
Median Price
$259,650
-5.7%
Average Price
$338,963
+4.5%
Median DOM
34
-29.2%
Pending Data
Pending Units
52
Median Price
$322,645
Average Price
$357,332
Median DOM
19
Inventory Data
Inventory Units
125
-16.7%
Median Price
$327,599
Average Price
$395,071
Median DOM
63
Months Supply
3.0
-3.9%
Explore the Full Report
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
Subscribe to our newsletter
The latest news, articles, and resources, sent to your inbox.
© 2025 Zarghami Group | KW Coastal Living III. All rights reserved.