THE ZARGHAMI REPORT

SARASOTA’S MOST CURRENT AND RELEVANT REAL ESTATE MARKET INFORMATION

West Manatee Market Report

JULY 2026

Market data for Manatee County properties west of 26th Street West.
Updated August 5, 2026

Highlights

  • West Manatee improved as sales increased and inventory declined, but the market remained slower than Manatee County overall.
  • Median pricing rose modestly, while the average price remained nearly unchanged, indicating stable values rather than a broad surge.
  • Buyers still had meaningful choice because supply remained above the countywide level.
  • Homes took slightly longer to sell, showing that buyers continued to move carefully.
  • Conditions were balanced, with modest seller improvement offset by a slower market pace.

Market Conditions

West Manatee showed gradual improvement in July 2026 as sales increased and inventory declined. However, the market remained softer than Manatee County overall.

Closed sales rose from 123 in July 2025 to 127 in July 2026, an increase of 3%. Active inventory fell from 851 homes to 714, a decline of 16%. Months of supply dropped from 6.1 months to 4.4 months.

That shift moved West Manatee from buyer-leaning conditions toward balance. Sellers faced fewer competing listings, while buyers still had enough inventory to compare homes and negotiate when a property had been on the market for an extended period.

West Manatee’s 4.4 months of supply remained above Manatee County’s 3.6 months. The area was therefore balanced but slightly more favorable to buyers than the countywide market.

Pricing Trends

Pricing remained relatively stable. The median sale price increased 3%, from $350,000 in July 2025 to $360,000 in July 2026.

The average sale price changed very little, rising from $469,000 to $471,000. Because both measures were close to last year’s levels, the data suggests modest stability rather than a major shift in home values.

The small increase in the median indicates that the middle of the market held firm. The flat average also suggests that luxury or higher-priced sales did not distort the monthly result significantly.

West Manatee includes a wide range of housing, from older inland neighborhoods to waterfront and coastal properties. Pricing can vary substantially based on condition, location, flood exposure, renovation quality, and proximity to the Gulf.

Inventory Trends

Inventory declined by 137 homes from July 2025, reducing competition among sellers. Months of supply fell from 6.1 to 4.4 months.

This was a meaningful improvement because the market moved out of a clearly buyer-leaning range and closer to balance. Buyers continued to have meaningful selection, but they no longer had the same abundance of choices available one year earlier.

The decline in supply provided more support for well-positioned listings. However, 4.4 months of inventory still allowed buyers to compare alternatives, especially among homes with similar price points or property types.

Inventory was tightening, but it had not become scarce.

Market Pace

West Manatee remained relatively slow. Median days on market increased slightly from 59 days in July 2025 to 61 days in July 2026.

The modest increase shows that buyers continued to take time before committing, even though inventory declined. Sales improved only slightly, which suggests that demand was stable rather than accelerating sharply.

West Manatee also moved more slowly than Manatee County overall, where the median was 49 days. Homes that were updated, well located, and priced accurately had a better chance of selling within the countywide pace, while properties needing work or carrying aggressive asking prices could remain available longer.

The market rewarded realistic sellers but did not create broad urgency among buyers.

What This Means for Buyers

Buyers still have time to compare homes and negotiate, especially when a property has been listed for several weeks. Lower inventory means the strongest listings may attract attention sooner, but broad competition remains limited. Buyers should carefully evaluate condition, flood exposure, insurance costs, and renovation needs when comparing value.

What This Means for Sellers

Sellers face less competition than they did one year ago, and stable pricing provides a firmer foundation for listing decisions. However, a 61-day median market time shows that buyers remain selective. Accurate pricing, thoughtful preparation, and clear documentation of updates and property condition are essential.
Combined Market Data
Closed Sales Data
Closed Units
127
+3.3%
Median Price
$360,000
+2.9%
Average Price
$471,474
+0.4%
Median DOM
61
+3.4%
Pending Data
Pending Units
187
Median Price
$399,000
Average Price
$525,727
Median DOM
62
Inventory Data
Inventory Units
714
-16.1%
Median Price
$339,900
-14.9%
Average Price
$574,431
+18.8%
Median DOM
75
Months Supply
4.4
-27.6%
Luxury Threshold
Sarasota County
$1,300,000
+35.4%
Manatee County
$925,000
-3.6%
Single Family Homes
Closed Sales Data
Closed Units
63
-11.3%
Median Price
$465,000
+1.1%
Average Price
$653,565
+4.4%
Median DOM
33
-29.8%
Pending Data
Pending Units
100
Median Price
$549,000
Average Price
$719,688
Median DOM
40
Inventory Data
Inventory Units
251
-27.5%
Median Price
$639,000
+36.8%
Average Price
$1,084,304
+74.7%
Median DOM
53
Months Supply
3.0
-33.0%
Condos, Townhomes, Villas
Closed Sales Data
Closed Units
64
+23.1%
Median Price
$205,000
+3.8%
Average Price
$292,229
+14.4%
Median DOM
88
+4.8%
Pending Data
Pending Units
87
Median Price
$235,000
Average Price
$302,782
Median DOM
87
Inventory Data
Inventory Units
463
-8.3%
Median Price
$234,900
-10.3%
Average Price
$298,021
-12.3%
Median DOM
86
Months Supply
5.9
-26.8%
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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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