Tariffs, Price Drops, and Sarasota’s Shifting Market: What Homeowners Need to Know
As we move deeper into 2025, Sarasota’s real estate market is undergoing some of the most dramatic shifts in the country. Home values in Sarasota County have dropped 7% over the past year, with Manatee County following closely at a 5% decline—placing our region among the steepest declines nationwide (source). Adding to the complexity, new tariffs on construction materials like lumber and gypsum are driving up building costs, with estimates showing an added $9,200 to the price of a new single-family home (source). These rising costs don’t just impact new builds—they’re affecting renovations too, as homeowners face higher material prices that may discourage upgrades and, in turn, affect the resale market’s appeal.
With Sarasota and Manatee shifting into a buyer’s market, increased inventory means more options for buyers, but also longer days on market and more competitive pricing (source). Yet, if tariffs slow new construction, inventory could tighten again down the road. Whether you’re thinking about buying, selling, or renovating, staying informed is key in this evolving market. If you’re wondering how these changes impact your home’s value or your next move, let’s connect! As a local Sarasota real estate expert, I’m here to help you navigate these challenges with confidence and strategy. Contact me today to discuss your options and stay ahead in Sarasota’s changing market.
Over 7 years, I’ve been a multi-million-dollar top producer with topnotch marketing, sales, and—above all else—a vast network and resources to achieve your real estate goals. I am a second generation Sarasotan and I love this city! I have since learned the intricacies of each neighborhood, each having its own unique and interesting history. Real estate is my true passion and I have built lasting relationships with many happy and satisfied clients. Let me be your local expert and help guide you through the market and process I know best. Let’s get on a call if you or someone you know is interested, my direct line is 941-284-0283.
