Closed Sales Median Time to Contract
Monthly Market Detail- March 2025 Single-Family Homes 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.
500 450 400 350 300 250 200 150 100 50 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.
80 70 60 50 40 30 20 10 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 5 N / A $ 100,000- $ 149,999 7 75.0 % $ 150,000- $ 199,999 30 150.0 % $ 200,000- $ 249,999 62 93.8 % $ 250,000- $ 299,999 99 17.9 % $ 300,000- $ 399,999 416 2.7 % $ 400,000- $ 599,999 472 12.1 % $ 600,000- $ 999,999 199-2.5 % $ 1,000,000 or more 87-20.9 %
$ 300,000- $ 399,999
Sale Price
$ 50,000- $ 99,999 14 Days N / A $ 100,000- $ 149,999
Median Time to Contract
Percent Change Year-over-Year
Less than $ 50,000( No Sales) N / A
19 Days-74.7 % $ 150,000- $ 199,999 23 Days 43.8 % $ 200,000- $ 249,999 21 Days 133.3 % $ 250,000- $ 299,999
31 Days 47.6 % $ 300,000- $ 399,999 40 Days 53.8 % $ 400,000- $ 599,999 39 Days 8.3 % $ 600,000- $ 999,999 23 Days-23.3 % $ 1,000,000 or more 37 Days 5.7 %
$ 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
500 450 400 350 300 250 200 150 100 50 0
80 70 60 50 40 30 20 10 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.