Team Renick · Hyperlocal Market Intelligence

The Palmetto Market

Live MLS analytics for the City of Palmetto — historic riverfront neighborhoods on the north side of the Manatee River, just across from Bradenton.

Updated October 26, 2026 · 8:00 AM ET · Live Stellar MLS

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Community Watch · Palmetto
Since yesterday (Sun, Oct 25)0 new listings·1 price cut·1 went under contract·0 closed
Past 7 days21 new listings·83 price cuts·16 went under contract·13 closed
Palmetto · single-family and condos · Stellar MLS via Bridge Interactive · Refreshed Mon, Oct 26, 8:16 AM ET · next refresh Tue, Oct 27, 8:15 AM ET
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Live Market Pulse

The market, right now

Latest-month medians by segment. The badge tells you whether buyers or sellers hold the leverage today.

Market Velocity Gauge

Single Family · How fast Palmetto is absorbing inventory

Hot Seller’s (< 3 mo) Balanced (4–6 mo) Buyer’s (7+ mo)
Median Sale Price

Single Family · Trailing 24 months

Days on Market

Single Family · Trailing 24 months

Closings Per Month

Single Family · Trailing 24 months

List-to-Sale Price Ratio

Single Family · Trailing 24 months

Where the Pressure Is

Active listings that have already cut their price

The market tells you where leverage is. Every dollar in this chart was originally asked for — then quietly reduced when the home didn’t move.

Price Per Square Foot

The dollar that matters most

Median price-per-square-foot is how sophisticated buyers and sellers normalize value. Same number, two very different tiers.

Seasonality

When the market actually moves

Most buyers and sellers assume summer. The data says otherwise. Average closings by calendar month, across the last 24 months.

Price Band Story

Different price tiers, different markets

Where you buy or sell on the price ladder determines how much leverage you actually have.

Price bandSold (12mo)Avg days to sellSale vs original list
Neighborhood Heat Map

Which subdivisions are moving

Ranked by speed-to-sale. Subdivisions with fewer than 3 records are excluded for data integrity. Refreshed daily.

NeighborhoodTypeActiveSold (90d)Median soldDays on market
Sold This Week on Palmetto · Anonymized

Your home is worth what the market says — not what Zillow says.

The current Palmetto sale-to-original-list ratio is . That is the actual gap between what sellers ask and what the market pays. Want to know where your home really fits?

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Avg sale vs. original list
Across all closed Palmetto sales in the last 12 months. Real number from the MLS.
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Data courtesy of Stellar MLS as distributed by Bridge Interactive — aggregate statistics covering the trailing 24 months as of October 26, 2026. Information deemed reliable but not guaranteed. Subdivision-level slices with fewer than 3 records are omitted. Compiled by Team Renick (Mangrove Realty Associates Inc. — license BK3241900) under Real Estate Market Analytics use of the MLS data license agreement.
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Straight answers · The Palmetto market

From the September 2026 Buyer Leverage Score reading (published October 7, 2026) and each community’s 24-month seasonal pattern. Refreshed monthly.

Is Palmetto a buyer’s market or a seller’s market right now?

As of the September 2026 reading, Palmetto reads 56 of 100 — an even match. On this scale 0 means sellers hold all the power, 100 means buyers do, and 50 is dead even.

How many homes are for sale in Palmetto?

389 active listings, about 4.3 months of supply at September’s buying pace (about 6 is even), as of the September 2026 reading.

Are sellers in Palmetto cutting their asking prices?

Yes — 67.9% of active listings have cut their asking price at least once, as of the September 2026 reading.

What do Palmetto homes actually sell for compared to asking price?

Over the trailing 12 months, homes closed at 91.4% of the seller’s original asking price.

How long does it take to sell a home in Palmetto?

September’s median sale took 40 days, down from 46 in July.

Is now a good time to buy or sell in Palmetto?

If you’re buying: 67.9% of 389 active listings have cut price — the highest share on the coast — on 4.3 months of supply. Sellers here expect to negotiate. If you’re selling: Homes closed at 91.4% of original ask, and sales sped up: 40 days in September against 46 in July. Even with the cuts, buyers are moving. A new reading publishes the first Monday of every month at gulfcoastdecoded.com.

When is the best month to sell a home in Palmetto?

Over the past 24 months, Palmetto closings have peaked in May and June. With a typical Palmetto sale taking about 46 days from listing to close, that points to listing by late March to catch the peak. Based on when sales actually closed, not a prediction.

When do most homes sell in Palmetto?

Late spring. May and June are the peak — about 110 closings a month versus 57 in July, the quietest month.

When can buyers get the best deal in Palmetto?

The quietest stretch is July through the early fall, when the fewest buyers are transacting — historically the season when sellers still on the market have the most reason to negotiate. Fewer competing offers, more days on market, more room to talk terms.

Answers are computed from aggregate Stellar MLS data as distributed by Bridge Interactive, current as of the reading date shown. Seasonal patterns use each community’s 24-month average of closings by calendar month; list-by months are derived from that community’s typical days on market. Information deemed reliable but not guaranteed. Not a prediction, property valuation, or investment advice. Equal Housing Opportunity. © 2026 Team Renick · Mangrove Realty Associates Inc. · Florida license BK3241900.