Hillsborough Market Report Hillsborough Market Report | Page 13

Cash Sales
Pct. of Closed Sales Paid in Cash
Monthly Market Detail- March 2025 Townhouses and Condos Hillsborough County

Cash Sales

The number of Closed Sales during the month in which buyers exclusively paid in cash
Economists ' note: Cash Sales can be a useful indicator of the extent to which investors are participating in the market. Why? Investors are far more likely to have the funds to purchase a home available up front, whereas the typical homebuyer requires a mortgage or some other form of financing. There are, of course, many possible exceptions, so this statistic should be interpreted with care.
Month
Cash Sales
Percent Change
Year-over-Year
Year-to-Date
367
-8.5%
March 2025
144
-10.6%
February 2025
134
6.3 %
January 2025
89
-21.9%
December 2024
132
5.6 %
November 2024
114
-15.6%
October 2024
97
-31.7%
September 2024
98
-31.0%
August 2024
141
-0.7%
July 2024
159
23.3 %
June 2024
190
11.1 %
May 2024
211
5.5 %
April 2024
169
-7.1%
March 2024
161
-12.5%
300 250 200 150 100 50 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

Cash Sales as a Percentage of Closed Sales

The percentage of Closed Sales during the month which were Cash Sales
Economists ' note: This statistic is simply another way of viewing Cash Sales. The remaining percentages of Closed Sales( i. e. those not paid fully in cash) each month involved some sort of financing, such as mortgages, owner / seller financing, assumed loans, etc.
Month
Percent of Closed
Sales Paid in Cash
Percent Change
Year-over-Year
Year-to-Date
39.7 %
6.4 %
March 2025
40.6 %
10.9 %
February 2025
42.5 %
13.3 %
January 2025
34.9 %
-8.9%
December 2024
38.7 %
-0.5%
November 2024
41.2 %
-2.6%
October 2024
32.4 %
-9.7%
September 2024
36.8 %
1.1 %
August 2024
35.9 %
6.8 %
July 2024
39.0 %
26.2 %
June 2024
44.7 %
23.1 %
May 2024
37.9 %
9.9 %
April 2024
37.8 %
-2.3%
March 2024
36.6 %
-4.2%
50 % 40 % 30 % 20 % 10 % 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
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.