Eighty-four days. That’s the median number of days a home in Sarasota now sits on the market before selling.
To put that in perspective: just a couple of years ago, you practically had to tour a house with checkbook in hand because offers rolled in within days. Today, homes linger for nearly three months. Sellers wait. Buyers breathe.
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That shift is more than just a stat — it’s leverage. For first-time buyers, especially in Sarasota and Manatee counties, this is a rare window of opportunity. Prices have softened. Inventory is growing. Sellers are more willing to negotiate. If you’ve been on the sidelines, wondering if homeownership on the Suncoast is within reach, the number 84 should get your attention.
Let’s dive into why this matters, how you can take advantage of it, and what smart, first-time buyers need to know right now.
Markets move in cycles. Sarasota and Manatee counties experienced a post-pandemic surge: remote workers relocating, historically low interest rates, and limited inventory. The result? Frenzied bidding wars, cash buyers winning out, and skyrocketing prices.
Longer listing times signal a market cooling — and that gives buyers breathing room.
So what does nearly three months on the market mean in practice? Four powerful shifts:
With homes sitting unsold, sellers are more open to offers below asking price. A $390,000 home in Bradenton might close closer to $382,000. That’s real money back in your pocket.
You can now ask sellers to cover closing costs — often 2–3% of the purchase price. On a $350,000 home, that’s $7,000–$10,500 in upfront savings.
Instead of rushing to submit an offer in 24 hours, you have time to schedule second showings, compare properties, and consult with your lender.
Higher inventory means more homes to choose from — whether that’s a starter condo in Sarasota Springs or a new build in Palmetto.
Here’s how first-time buyers can turn this stat into strategy.
Pre-approval shows sellers you’re serious and speeds up your timeline once you find a home. In Manatee County, this step also determines eligibility for powerful local programs:
Target homes that have been listed 60+ days. These sellers are ready to deal. Leverage that by:
Don’t just look at purchase price. Factor in taxes, insurance, and HOA fees. Both counties offer online calculators:
Cosmetic upgrades are easy to add. But a new roof or modern HVAC? That’s worth tens of thousands. Always prioritize structural soundness over granite countertops.
The Sarasota-Manatee First-Time Homebuyer ZIP Code Report identifies five ZIP codes that stand out in 2025.
Here’s how the numbers line up with today’s 84-day reality:
North Port combines low prices with high safety — a rare duo. Homes have also seen an 11% year-over-year price correction, creating even more leverage for buyers.
Buyers here benefit from affordability, good schools, and major community investments like the John Marble Recreation Center renovations.
This is where you buy if you want strong schools and are betting on long-term value appreciation tied to infrastructure growth.
New construction dominates here, with major builders like D.R. Horton expanding rapidly. Add Manatee’s assistance programs, and it’s a solid choice for buyers seeking modern homes.
Homes are older and crime is higher, but for budget-conscious buyers, this ZIP makes entry-level ownership possible.
The stat — 84 days — is more than math. It reflects shifting psychology:
This doesn’t mean buyers should lowball recklessly. But it does mean you can negotiate confidently, knowing the data backs you up.
Here’s your roadmap to leverage the 84-day advantage:
Local option: Step Up Suncoast (HUD-approved).
Begin your homebuying journey with confidence by getting pre-approved through Liberty Savings Bank, the local lending partner committed to Sarasota, Manatee, and the entire Gulf Coast community.
Find one who knows the nuances of Sarasota vs. Manatee assistance programs.
Use Realtor.com or Zillow filters to find homes at 60+ days — these are prime negotiation targets.
In Sarasota, homes are sitting on the market for 84 days. That’s not just a stat — it’s a signal. The tide has shifted. Buyers finally have leverage.
For first-time buyers, this means lower prices, seller concessions, and the breathing room to make smart decisions. By combining local assistance programs, negotiating strategically, and focusing on ZIP codes with the best long-term value, you can turn this moment into your chance at homeownership.
Don’t let the 84-day window pass you by. With preparation and the right guidance, 2025 could be the year you find — and afford — your first home on Florida’s Suncoast.