Manatee county market update: feb 22-28

Manatee County Market Update: Feb 22-28

Manatee county market update: feb 22-28

Manatee County Market Snapshot: February 22-28, 2026

Strong Activity with 96.2% List Price Achievement

Market Activity

Active Listings
318
Pending Listings
227
Closed Sales
253
New Listings
318
Expired Listings
24
Market Withdrawals
55

Pricing & Time on Market

Avg DOM (Closed)
90.3
Avg DOM (Active)
11.0
Median Sold Price
$412,000
Median $/SqFt
$214
List Price Achieved
96.2%
Cash Sales %
32.8%
New Construction %
37.5%

Active Inventory by Price

Under $250K
25
$250K-$500K
149
$500K-$750K
62
$750K-$1M
36
$1M+
46

Activity by City

BRADENTON
Active: 122 | Pending: 109 | Sold: 100
PARRISH
Active: 79 | Pending: 37 | Sold: 64
LAKEWOOD RANCH
Active: 37 | Pending: 30 | Sold: 30
PALMETTO
Active: 25 | Pending: 20 | Sold: 27
SARASOTA
Active: 16 | Pending: 15 | Sold: 10
HOLMES BEACH
Active: 12 | Pending: 5 | Sold: 3
LONGBOAT KEY
Active: 6 | Pending: 3 | Sold: 3

Segment Performance (Overall)

Price Bands

The luxury market ($1M+) demonstrated exceptional velocity with 18 sales closing in just 42.5 days at a median price of $1,275,000. The market’s sweet spot remained the $250K-$500K range with 144 transactions at 52.5 days and a median price of $367,250. Entry-level properties under $250K showed slower movement with 29 sales taking 79 days at $200,000 median. Mid-tier segments performed moderately, with $500K-$750K properties (44 sales) taking 69.5 days at $580,000 median, while $750K-$1M homes (18 sales) moved in 50 days at $815,895 median.

I had been looking for a local condo for over a year and was very unhappy with the service. I had worked with three agents from three different national chains. None of the three seemed to know the market very well, took the time to understand what I’m looking for, and most importantly rarely followed up when they told me they would. I have never experience such a lazy approach to working with a buyer. Things changed when I met Mike and part of his team at their St. Armands office. The first thing Mike did was apologize for the poor service…even though it wasn’t his fault. I already knew that I found someone who help himself accountable. What a breath of fresh air! After spending about 30 minutes with me understanding what I was looking for, Mike introduced me to Eric. Between the two of them, they found five condos for me to look at. Each of the five, met my criteria. They actually did listen. I’m excited because we plan to submit an offer later today. The market analysis they prepared was thorough and easy for me to understand. I cannot recommend more highly any other realtors to work with. Thank you Mike and Eric!

– Jules Schroder, Google Review

Bradenton dominated transaction volume with 100 sales at 60 days median DOM and $371,000 median price, followed by Parrish with 64 sales at 68.5 days and $384,500 median. Lakewood Ranch recorded 30 sales at 66.5 days with a higher median price of $453,495. Myakka City emerged as the fastest market with 1 sale closing in just 6 days at $620,000, while Anna Maria showed the longest timeline with 2 sales taking 171.5 days at a premium $1,462,500 median. Island markets commanded significant premiums, with Holmes Beach averaging $1,129,000 (3 sales, 12 days) and Bradenton Beach at $955,000 (3 sales, 51 days).

Property Types

Single-family residences dominated the market with 183 sales at 57 days median DOM and $450,000 median price. Villas emerged as the fastest-selling property type with 19 sales closing in just 42 days at $325,000 median. Condominiums showed the longest marketing time with 37 sales taking 79 days at $270,000 median, while townhouses performed moderately with 14 sales at 52.5 days and $274,500 median price.

Segment Performance — Single-Family

Price Bands

Single-family homes totaled 183 sales across all price segments. The luxury tier ($1M+) led velocity with 18 sales in 42.5 days at $1,275,000 median, while the $250K-$500K segment dominated volume with 102 sales at 58 days and $385,495 median. The $500K-$750K range recorded 40 sales at 56 days with $580,000 median, and $750K-$1M properties saw 17 sales at 60 days with $811,789 median. Entry-level single-family homes under $250K showed limited activity with just 6 sales taking 50 days at $209,600 median.

Geography (Cities)

Bradenton led single-family sales with 61 transactions at 40 days median DOM and $472,000 median price, followed by Parrish with 56 sales at 80.5 days and $391,625 median. Lakewood Ranch recorded 22 sales at 76.5 days with a premium $572,500 median. Island properties commanded top dollar, with Anna Maria averaging $1,462,500 (2 sales, 171.5 days), Holmes Beach at $1,174,500 (2 sales, 23 days), and Bradenton Beach reaching $3,100,000 (1 sale, 51 days). Palmetto showed strong activity with 23 sales at 44 days and $413,840 median, while University Park recorded 5 luxury sales at 72 days and $825,000 median.

Segment Performance — Condo/Townhome/Villa

Price Bands

Condo/townhome/villa sales totaled 70 transactions, concentrated heavily in affordable segments. The under $250K range led with 23 sales taking 100 days at $200,000 median, while the $250K-$500K segment recorded 42 sales at 51 days with $319,500 median. Higher-priced CTV properties showed limited activity: $500K-$750K had 4 sales at 90.5 days ($569,250 median), $750K-$1M recorded just 1 sale at 27 days ($955,000), and the $1M+ segment had no activity.

We bought two units from Mike and Eric and sold one over the last four years. One thing that made life much easier for us was how they understood our feelings and situation regarding pricing. They knew where the other party was coming from, which made the process faster without all the back and forth. Once the contract was signed, their staff was great; I literally had to do nothing other than decide what color pen to sign with. Eric wasn’t just out to make a sale; he was tremendously helpful to us. Every week, he checks our apartment without asking for money, and when we had a storm, he even moved our car to safety. It wasn’t just about the sale; he became a friend and helped us out after the sale, just because we don’t live here.

– Mindy and Joe, Customer Review

Geography (Cities)

Bradenton dominated CTV sales with 39 transactions at 69 days median DOM and $279,000 median price. Parrish showed strong velocity with 8 sales closing in just 24 days at $276,145 median, while Lakewood Ranch recorded 8 sales at 43.5 days and $314,495 median. Longboat Key luxury condos averaged $465,000 (3 sales, 52 days), and Bradenton Beach waterfront properties reached $702,500 (2 sales, 92 days). Sarasota recorded 5 CTV sales at 62 days with $295,000 median, while Holmes Beach had 1 sale at 5 days for $660,000.

Property Types

Villas emerged as the standout performer with 19 sales closing in just 42 days at $325,000 median price, offering buyers the best combination of value and speed. Townhouses showed moderate performance with 14 sales at 52.5 days and $274,500 median. Condominiums required the most patience with 37 sales taking 79 days to close at $270,000 median, reflecting the challenges in this segment but also presenting potential opportunities for patient buyers.

Actionable Playbook

  • Sellers: Price aggressively in the luxury segment ($1M+) where properties move in just 42.5 days, or consider villas which sell fastest at 42 days. Avoid overpricing in the under $250K segment where homes take 79 days to sell.
  • Buyers: Focus negotiation efforts on condominiums (79 days DOM) and entry-level properties under $250K (79 days DOM) where sellers may be more motivated. Anna Maria offers luxury at extended timelines (171.5 days) for patient buyers.
  • Investors: Target the $250K-$500K segment where 144 transactions occurred at 52.5 days DOM, representing the market’s highest activity and most liquid investment opportunity.
  • Luxury market buyers can expect quick closings with properties over $1M moving in just 42.5 days, indicating strong demand and limited negotiation windows in this premium segment.

DOM Basis: CDOM

Period: February 22-28, 2026

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