April 2026 · Townhouses & Condos
Manatee County Market Report
Source: Florida REALTORS® / Stellar MLS
Median Sale Price
$320,000
+6.6% vs. April 2025
Closed Sales
307
+12.5% vs. April 2025
Median Time to Contract
60 Days
-3 days vs. April 2025
Months of Inventory
6.9
Down from 8.2 last year
New Listings
374
-6.5% vs. April 2025
Cash Sales
59%
180 of 307 sales
The month in review
The Manatee County condo market is bouncing back. After a sluggish Q1 where sales dipped and the median fell 7.6%, April tells a different story: closed sales jumped 12.5% to 307 units, and the median rose 6.6% to $320,000. That's a meaningful swing from the quarterly trend and suggests the bottom may be in for this segment.
Inventory continues to tighten — active listings dropped 12.9% to 1,582 and months of supply fell from 8.2 to 6.9, approaching balanced territory. New listings declined 6.5%, so the supply pipeline is slowing. Pending sales surged 14.6%, pointing to continued momentum into May. Cash buyers still account for 59% of closings, but the improving price trend may start bringing more financed buyers back into the market. Sellers are getting 93.2% of list price — up slightly from last April — another sign the correction is stabilizing.
If you’re buying
The best bargains in Manatee condos may be behind us. After months of declining prices, the median jumped 6.6% in April and inventory is tightening toward a balanced market. If you've been shopping, don't wait for a further drop — the momentum has shifted. Buildings with clean HOA financials and stable insurance are already attracting competitive offers.
If you’re selling
April brought real relief after a tough Q1. Prices are up, volume is up, and homes are going under contract slightly faster. The condo market isn't fully recovered, but the trend is your friend right now. List while momentum is building — buyers who sat out the winter are entering the market, and there's less competition on the shelf with new listings falling 6.5%.
Market data is sourced from the MLS and local REALTOR® association reports and is deemed reliable but not guaranteed. Figures reflect the stated property type and area for the period indicated and are provided for general informational purposes only — they are not an appraisal, a guarantee of value, or investment advice. For an analysis specific to your property, request a custom report.
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