Charlotte County Market Report Charlotte County Market Report | Page 12

Closed Sales
Monthly Market Detail- March 2025 Townhouses and Condos Charlotte County
Summary Statistics
March 2025
March 2024
Percent Change Year-over-Year
Closed Sales Paid in Cash
118 104 13.5 % 86 77 11.7 %
Median Sale Price $ 276,500
$ 282,243-2.0 %
Average Sale Price Dollar Volume
$ 302,961 $ 303,526-0.2 % $ 35.7 Million $ 31.6 Million 13.3 %
Median Percent of Original List Price Received
89.3 % 92.9 %-3.9 %
Median Time to Contract 70 Days 65 Days 7.7 %
Median Time to Sale
105 Days
106 Days
-0.9 %
New Pending Sales New Listings
128 208
144-11.1 %
201 3.5 %
Pending Inventory 126 Inventory( Active Listings) 1,192 Months Supply of Inventory 14.2
185-31.9 % 874 36.4 % 10.4 36.5 %

Closed Sales

The number of sales transactions which closed during the month
Economists ' note: Closed Sales are one of the simplest— yet most important— indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend comparing the percent changes in sales rather than the number of sales. Closed Sales( and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes( i. e. comparing a month ' s sales to the amount of sales in the same month in the previous year), rather than changes from one month to the next.
Month
Closed Sales
Percent Change
Year-over-Year
Year-to-Date
257
2.4 %
March 2025
118
13.5 %
February 2025
81
-17.3%
January 2025
58
18.4 %
December 2024
72
-7.7%
November 2024
69
-11.5%
October 2024
56
-16.4%
September 2024
68
-15.0%
August 2024
51
-38.6%
July 2024
76
15.2 %
June 2024
84
-17.6%
May 2024
134
41.1 %
April 2024
141
34.3 %
March 2024
104
-1.9%
250
2021 2022 2023 2024
200
150
100 50 0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M
Produced by Florida Realtors ® with data provided by Florida ' s multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Thursday, April 24, 2025. Next data release is Thursday, May 22, 2025.