Charlotte County Market Report Charlotte County Market Report | Page 6

Median Time to Contract
Median Time to Sale
Monthly Market Detail- February 2025 Single-Family Homes 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
72 Days
18.0 %
February 2025
66 Days
10.0 %
January 2025
70 Days
22.8 %
December 2024
57 Days
11.8 %
November 2024
64 Days
68.4 %
October 2024
76 Days
76.7 %
September 2024
74 Days
68.2 %
August 2024
78 Days
129.4 %
July 2024
62 Days
87.9 %
June 2024
67 Days
139.3 %
May 2024
57 Days
103.6 %
April 2024
57 Days
137.5 %
March 2024
67 Days
168.0 %
February 2024
60 Days
150.0 %
100
2021 2022 2023 2024
80 60 40 20 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

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
109 Days
1.9 %
February 2025
105 Days
1.0 %
January 2025
109 Days
3.8 %
December 2024
97 Days
-2.0%
November 2024
101 Days
14.8 %
October 2024
114 Days
22.6 %
September 2024
119 Days
22.7 %
August 2024
121 Days
40.7 %
July 2024
109 Days
32.9 %
June 2024
112 Days
47.4 %
May 2024
105 Days
40.0 %
April 2024
99 Days
45.6 %
March 2024
108 Days
50.0 %
February 2024
104 Days
60.0 %
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
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, March 20, 2025. Next data release is Thursday, April 24, 2025.