August 2026 · Condos & Townhomes
Manatee County Market Report
Source: Florida REALTORS® / Stellar MLS (RASM, released September 16, 2026)
Median Sale Price
$307,000
+5.4% vs. August 2025
-2.2% vs. July 2026
Closed Sales
241
+20.5% vs. August 2025
+1.3% vs. July 2026
Median Time to Contract
72 Days
-7.7% vs. August 2025
+2 days vs. July 2026
Months of Inventory
4.9
Down from 6.4 last year
Down from 5.4 in July
Cash Sales
50.6%
122 of 241 closings
+1.4 pts vs. July 2026
List Price Received
93.4%
+3.0 pts vs. August 2025
+0.2 pts vs. July 2026
The second line, where shown, compares to the immediately prior published period and is not seasonally adjusted, Southwest Florida real estate moves with the calendar, so a single-period swing can reflect the time of year as much as the underlying market.
The month in review
Manatee County condos turned positive on price in August. The median sale price rose 5.4% year-over-year to $307,000, after July's 1.9% decline had left this as the last segment in the region with a negative median. Closed sales rose 20.5% to 241, the strongest sales growth of any segment in the report, and dollar volume rose 26.5% to $89.8 million.
Supply is falling quickly. Active inventory dropped 16.1% to 1,171 units and months of supply fell to 4.9 from 6.4, the tightest condo supply in the region. Sellers received 93.4% of original list price, up from 90.4%, and median time to contract improved to 72 days from 78 a year ago. New pending sales rose 8.0% to 230 and pending inventory rose 12.8% to 299.
If you’re buying
The discount window in Manatee condos is closing. July was the last month with a year-over-year price decline; August reversed it, with the median up 5.4% and supply down to 4.9 months, tighter than Sarasota County condos. There is still more room here than in single-family, just less than a few months ago. As with any Florida condo, the building's reserves, insurance, and assessment history matter more than the finishes.
If you’re selling
Nearly every indicator moved your way in August: sales up 20.5%, median up 5.4%, supply down 16.1%, and list price received up three points. Price to current comparables rather than to the softer numbers from earlier this summer, and have the building documents ready so a contract stays on track.
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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