Q3 2026 · Townhouses & Condos
Manatee County Market Report
Source: Florida REALTORS® / Stellar MLS, Manatee County (released October 16, 2026)
Median Sale Price
$307,000
+2.3% vs. Q3 2025
+0.1% vs. Q2 2026
Closed Sales
703
+13.9% vs. Q3 2025
-17.7% vs. Q2 2026
Median Time to Contract
73 Days
-11.0% vs. Q3 2025
+8 days vs. Q2 2026
Months of Inventory
5.0
Down from 6.3 last year
Down from 5.7 in Q2
Cash Sales
49.4%
347 of 703 closings
-4.1 pts vs. Q2 2026
List Price Received
92.8%
+2.5 pts vs. Q3 2025
-0.1 pts vs. Q2 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 quarter in review
Manatee County condos recorded the region's largest quarterly volume gain, with closed sales up 13.9% to 703 and the median up 2.3% to $307,000. Dollar volume rose 20.5% to $245.3 million. Supply improved materially: active listings fell 13.9% to 1,191 and months of supply dropped from 6.3 to 5.0.
Manatee's figures are notably less skewed than Sarasota County's. The average sale price rose 5.7% against a 2.3% median gain, a narrow gap that indicates the quarter's improvement came from ordinary transactions rather than a handful of luxury closings. Homes went under contract in a median 73 days against 82, and sellers received 92.8% of original list price, up 2.5 points. Cash purchases rose 10.2% to 347, just under half of all closings.
If you’re buying
This is the most affordable condo market in the region at a $307,000 median, and the one where the recovery looks most broadly based. Five months of supply still leaves room to negotiate. The usual caution applies: in older buildings the assessment and insurance picture matters more to your monthly cost than the purchase price does.
If you’re selling
A 13.9% rise in sales with the median up only 2.3% is a healthy pattern: buyers are transacting without bidding prices up, which means realistic pricing finds a buyer. With supply down from 6.3 months to 5.0, there is less competition than a year ago. Lead with the building's documents.
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.
What’s your Manatee County home worth today?
Averages are a starting point, I’ll prepare a free, no-obligation report tailored to your exact home, street, and timing.
What does this mean for your home?
These numbers are county-wide. Tell me your address and I will send what the market is doing for your specific home, including what it would likely bring today.
Or call or text (941) 350-0224.