Graph of Monthly Condo Sales 2022-2025

West Bradenton Condo March 2025 Market Report

West Bradenton General Estate Topics
March 04, 2025•2 min read

West Bradenton Condominium Market Update – March 2025

Covering ZIP Codes 34209, 34210, and 34215

The West Bradenton condominium market in February 2025 has shown some notable trends, particularly in inventory levels, sales activity, and pricing. Here’s a breakdown of the latest market data:

Inventory and Sales Activity

Condominium Inventory Levels in West Bradenton over past 3 years

  • The number of condominiums for sale continues to rise, with an average of 629 properties on the market, a 4% increase from last year.

  • The number of new purchase contracts executed in February dropped by 5% year-over-year, contributing to a 13% decline in year-to-date contract activity.

  • Closed sales for February totaled 52, marking a 13% decrease compared to February 2024.

    Condo sales levels - West Bradenton

    However, year-to-date sales are only slightly down by 2%.

Pricing Trends

  • The median sale price for February fell to $270,000, an 11% decrease compared to last year’s $305,000.

  • Year-to-date, the median sale price stands at $240,000, down 19% from last year’s $298,000.

  • The price per square foot remains under pressure, averaging $166 year-to-date, a 18% decrease from last year’s $202.

Market Conditions

  • Days on Market has increased significantly, with properties sitting for an average of 69 days before selling, a 41% increase from last year.

    West Bradenton Condos Days on Market

  • The supply of homes relative to sales activity has also grown, with an increase in the weeks of sales, indicating a slowing pace in the market.

What This Means for Buyers and Sellers

  • For Buyers: Increased inventory and lower prices create more opportunities for negotiation. With homes staying on the market longer, buyers may find motivated sellers willing to adjust their prices.

  • For Sellers: Pricing competitively is key in this shifting market. With fewer contracts being executed and more properties available, properly staging and marketing your home is essential to attract buyers.

The West Bradenton condo market is currently experiencing a shift toward more inventory and longer selling times, with downward pressure on pricing. If you’re considering buying or selling, now is the time to strategize effectively to make the most of these market conditions.

Click here to get a pdf of all the stats discussed above and more in a spreadsheet format.

Click here to search homes for sale and check out recent sales in your West Bradenton condominium community or single-family neighborhood

For a personalized market analysis or assistance in buying or selling, feel free to reach out!

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