Closed Sales Median Time to Contract
Monthly Market Detail- March 2025 Townhouses and Condos Hillsborough County
Closed Sales by Sale Price
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.
120 100 80 60 40 20 0
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.
200 180 160 140 120 100 80 60 40 20 0
Less than $ 50,000
Less than $ 50,000
March 2024 March 2025
$ 50,000- $ 99,999
$ 50,000- $ 99,999
$ 100,000- $ 149,999
$ 100,000- $ 149,999
$ 150,000- $ 199,999
March 2024 March 2025
$ 150,000- $ 199,999
$ 200,000- $ 249,999
$ 200,000- $ 249,999
$ 250,000- $ 299,999
Median Time to Contract by Sale Price
The median number of days between the listing date and contract date for all Closed Sales during the month
$ 250,000- $ 299,999
Sale Price Closed Sales
Percent Change Year-over-Year
Less than $ 50,000 0 N / A $ 50,000- $ 99,999 3 0.0 % $ 100,000- $ 149,999 29 26.1 % $ 150,000- $ 199,999 45 7.1 % $ 200,000- $ 249,999 58-27.5 % $ 250,000- $ 299,999 67-32.3 % $ 300,000- $ 399,999 73-23.2 % $ 400,000- $ 599,999 49-18.3 % $ 600,000- $ 999,999 25-13.8 % $ 1,000,000 or more 6-33.3 %
$ 300,000- $ 399,999
Sale Price
$ 50,000- $ 99,999 75 Days 581.8 % $ 100,000- $ 149,999
Median Time to Contract
Percent Change Year-over-Year
Less than $ 50,000( No Sales) N / A
75 Days 212.5 % $ 150,000- $ 199,999 62 Days 93.8 % $ 200,000- $ 249,999 50 Days 72.4 % $ 250,000- $ 299,999
44 Days 22.2 % $ 300,000- $ 399,999 55 Days 83.3 % $ 400,000- $ 599,999 52 Days 147.6 % $ 600,000- $ 999,999 22 Days-64.5 % $ 1,000,000 or more 92 Days-48.9 %
$ 300,000- $ 399,999
$ 400,000- $ 599,999
$ 400,000- $ 599,999
$ 600,000- $ 999,999
$ 600,000- $ 999,999
$ 1,000,000 or more
$ 1,000,000 or more
120 100 80 60 40 20
0
200 180 160 140 120 100 80 60 40 20 0
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.