What Happened in Manatee Real Estate: May 10–16, 2026?

Manatee County Market Snapshot: May 10–16, 2026

184 Closings · $417,500 Median Sold Price · 96.5% List Price Achievement · 34.2% Cash Sales

Price Bands

The $250K–$500K band was the clear engine of the market this week, accounting for 88 closed sales at a median price of $366,500 and a median of 62.5 cumulative days on market. The $500K–$750K tier added 40 closings at a median of $564,500 and moved comparatively briskly at a median of 50 days. The $1M+ band delivered a notable surprise, recording 14 closings at a median price of $1,486,211 — and doing so at the fastest pace of any price tier, with a median of just 27.5 cumulative days on market. The $750K–$1M band saw 19 sales at a median of $885,000 but took considerably longer to clear, with a median of 88 days. The Under $250K segment registered 23 closings at a median price of $197,000 and a median of 92 days, the second-slowest pace among all price tiers.

Geography (Cities)

Bradenton led all cities with 87 closed sales at a median price of $421,500 and a median of 68 cumulative days on market. Parrish followed with 24 closings at a median of $366,000 and a median of 59.5 days. Lakewood Ranch posted 19 sales at a median of $553,750 and a faster median of 46 days. Palmetto recorded 18 closings at a median of $344,000 and a median of 57.5 days. University Park stood out as the single fastest-closing city in the dataset, with 1 sale at a median price of $980,000 and a median of just 19 days. Sarasota contributed 18 closings at a median of $410,500 and a median of 63 days. On the barrier islands, Holmes Beach registered 6 sales at a median of $700,000 and a median of 31.5 days, while Anna Maria recorded 3 sales at a median of $3,100,000 and a median of 70 days. Ellenton represented the slowest market this week, with 2 closings at a median of $362,250 and a lengthy median of 247 cumulative days on market.

Property Types

Single-Family Residences dominated closed activity with 139 sales at a median price of $480,000 and a median of 57 cumulative days on market. Condominiums accounted for 32 closings at a median price of $226,000 but were the slowest property type at a median of 99 days, reflecting ongoing headwinds in the condo segment. Villas recorded 8 sales at a median price of $290,000 and led all property types for speed, with a median of just 39 days on market. Townhouses saw 5 closings at a median price of $299,990 and a median of 90 days, making them the second-slowest type this week.

Price Bands

Single-family homes accounted for 139 total closed sales this week. The $250K–$500K band led with 71 closings at a median price of $370,000 and a median of 64 cumulative days on market. The $500K–$750K tier followed with 32 sales at a median of $575,000 and a faster median of 45 days. The $1M+ band again stood out for pace, with 14 closings at a median price of $1,486,211 and the fastest median in the segment at just 27.5 days. The $750K–$1M band recorded 19 sales at a median of $885,000 but showed the longest median at 88 days among single-family tiers. The Under $250K segment saw limited single-family activity with just 3 closings at a median of $210,000 and a median of 87 days.

Geography (Cities)

Bradenton led single-family closings with 61 sales at a median price of $515,000 and a median of 63 cumulative days on market. Parrish recorded 21 single-family closings at a median of $383,500 and a median of 68 days, the slowest pace among the higher-volume single-family cities this week. Lakewood Ranch posted 13 single-family sales at a median of $670,000 and a competitive median of 41 days. Palmetto contributed 17 closings at a median of $345,000 and a median of 44 days. Sarasota saw 14 single-family sales at a median of $442,500 and a median of 63 days. Holmes Beach recorded 3 single-family closings at a median of $1,050,000 and a swift median of 18 days — the fastest-moving single-family market among reported cities this week. Anna Maria contributed 3 closings at a median of $3,100,000 with a median of 70 days, while Myakka City recorded 2 sales at a median of $902,500 and a median of 29.5 days. Ellenton showed the most extended single-family timeline, with 2 closings at a median of $362,250 and a median of 247 days on market.

Price Bands

The condo, townhome, and villa segment recorded 45 total closed sales this week. The Under $250K band led by volume with 20 closings at a median price of $191,000, but carried the heaviest time burden at a median of 105 cumulative days on market — the slowest CTV tier by a notable margin. The $250K–$500K band followed with 17 sales at a median of $300,000 and a much faster median of 45 days. The $500K–$750K tier saw 8 closings at a median of $527,500 and a median of 84 days. The $750K–$1M and $1M+ bands recorded no closed CTV activity this week.

Geography (Cities)

Bradenton dominated CTV closings with 26 sales at a median price of $225,000 and a median of 78 cumulative days on market. Lakewood Ranch recorded 6 CTV closings at a median of $307,000, though with an extended median of 154.5 days — the slowest CTV city this week by a wide margin. Holmes Beach had 3 CTV sales at a median of $515,000 and a median of 115 days. Sarasota contributed 4 closings at a median of $256,500 and a median of 94.5 days. Parrish was the CTV speed leader, with 3 closings at a median of $260,000 and a remarkably fast median of just 5 cumulative days on market. Longboat Key recorded 1 CTV closing at $555,000 with a median of 53 days. Cortez logged 1 CTV sale at $725,000 and a median of 145 days, while Palmetto recorded 1 closing at $227,000 with a median of 719 days — the longest single-city timeline in the entire dataset this week.

Property Types

Within the CTV segment, condominiums were the dominant property type with 32 closings at a median price of $226,000, but carried the slowest pace at a median of 99 cumulative days on market — underscoring the well-documented challenges facing the condo category in Florida. Villas delivered 8 sales at a median price of $290,000 and led the CTV segment for speed, with a median of just 39 days. Townhouses recorded 5 closings at a median price of $299,990 and a median of 90 days, making them the middle ground between the faster villas and slower condominiums in terms of market pace.

Actionable Playbook

• Sellers: Villas are the fastest-moving property type this week with a median of 39 cumulative days on market at a median price of $290,000 — if you own an attached villa, now is a strong time to list. The luxury tier above $1 million is also moving with unexpected urgency, clearing in a median of just 27.5 days. Sellers across all segments are achieving 96.5% of list price, confirming that accurate, data-informed pricing from day one continues to be rewarded.
• Buyers: The Under $250K price band is the slowest-moving tier at a median of 92 cumulative days on market — buyers in that range have real negotiating leverage. Ellenton showed the most extended timeline in the dataset at a median of 247 days on market, signaling meaningful room to negotiate in that submarket for well-prepared buyers.
• Investors: The $250K–$500K segment is where the action is, generating 88 closed sales this week at a median price of $366,500 — the highest-volume segment by a wide margin. Investors targeting income-producing or resale plays should concentrate here for the deepest buyer pool and most liquid exit strategy.
• Luxury Market Watch: The $1M+ segment posted a median of just 27.5 cumulative days on market this week — faster than the $250K–$500K core market. Qualified luxury buyers should be prepared to move decisively; this tier is not offering extended time to deliberate right now.

Are home prices going down in Manatee County?

Not based on the latest data. The median sold price in Manatee County for the week of May 10–16, 2026 was $417,500, and sellers received an average of 96.5% of their list price, meaning homes are still selling very close to asking. While the market has more supply than in recent years, prices remain stable.

How long do homes take to sell in Bradenton right now?

Homes that closed in Bradenton during the week of May 10–16, 2026 had a median of 68 Days on the Market, which is in line with the broader Manatee County trend. Buyers should be aware that well-priced homes still move, but sellers may need to plan for a longer timeline than the frenzy years.

How long do homes take to sell in Lakewood Ranch?

Homes that sold in Lakewood Ranch during the week of May 10–16, 2026 had a median of 46 Days on the Market — faster than the Manatee County overall average — with a median sold price of $553,750. The area continues to see strong activity, with 24 homes under contract and 19 closed sales recorded that week.

Is it a buyer's or seller's market in Manatee County?

The market is leaning toward buyers, though sellers are still holding ground on price. During the week of May 10–16, 2026, there were 238 pending sales against 223 active listings, and 74 sellers withdrew their homes from the market entirely — signs that inventory is elevated and sellers face real competition. At the same time, the 96.5% list-price achievement rate shows that correctly priced homes are still transacting near full asking price.

How common are cash buyers in Manatee County?

Cash purchases made up 34.2% of all closed sales in Manatee County during the week of May 10–16, 2026, meaning roughly one in three homes sold without a mortgage. This is a meaningful share of the market, so sellers should be aware that cash offers remain a strong negotiating factor, particularly in the condominium and luxury segments.

DOM Basis: CDOM

Period: May 10 – 16, 2026