Charlotte County Market Report Charlotte County Market Report | Page 16

Median Time to Contract
Median Time to Sale
Monthly Market Detail- May 2025 Townhouses and Condos Charlotte County

Median Time to Contract

The median number of days between the listing date and contract date for all Closed Sales during the month
Economists ' note: Like Time to Sale, Time to Contract is a measure of the length of the home selling process calculated for sales which closed during the month. The difference is that Time to Contract measures the number of days between the initial listing of a property and the signing of the contract which eventually led to the closing of the sale. When the gap between Median Time to Contract and Median Time to Sale grows, it is usually a sign of longer closing times and / or declining numbers of cash sales.
Month
Median Time to Contract
Percent Change Year-over-Year
Year-to-Date
81 Days
19.1 %
May 2025
73 Days
-2.7%
April 2025
86 Days
65.4 %
March 2025
70 Days
7.7 %
February 2025
75 Days
15.4 %
January 2025
119 Days
153.2 %
December 2024
73 Days
37.7 %
November 2024
84 Days
71.4 %
October 2024
65 Days
85.7 %
September 2024
88 Days
114.6 %
August 2024
62 Days
34.8 %
July 2024
70 Days
112.1 %
June 2024
70 Days
105.9 %
May 2024
75 Days
150.0 %
140 120 100 80 60 40 20 0
2021 2022 2023 2024
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 A M

Median Time to Sale

The median number of days between the listing date and closing date for all Closed Sales during the month
Economists ' note: Time to Sale is a measure of the length of the home selling process, calculated as the number of days between the initial listing of a property and the closing of the sale. Median Time to Sale is the amount of time the " middle " property selling this month was on the market. That is, 50 % of homes selling this month took less time to sell, and 50 % of homes took more time to sell. Median Time to Sale gives a more accurate picture than Average Time to Sale, which can be skewed upward by small numbers of properties taking an abnormally long time to sell.
Month
Median Time to Sale
Percent Change
Year-over-Year
Year-to-Date
111 Days
5.7 %
May 2025
109 Days
-9.2%
April 2025
118 Days
26.9 %
March 2025
105 Days
-0.9%
February 2025
105 Days
8.2 %
January 2025
162 Days
43.4 %
December 2024
105 Days
14.1 %
November 2024
108 Days
31.7 %
October 2024
125 Days
62.3 %
September 2024
116 Days
36.5 %
August 2024
105 Days
16.7 %
July 2024
118 Days
61.6 %
June 2024
108 Days
40.3 %
May 2024
120 Days
73.9 %
200
150
2021 2022 2023 2024
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 A 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 Monday, June 22, 2025. Next data release is Wednesday, July 23, 2025.