Lee County Market Report Lee County Market Report | Page 13

Cash Sales
Pct. of Closed Sales Paid in Cash
Monthly Market Detail- February 2025 Townhouses and Condos Lee 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
429
-18.1%
February 2025
245
-17.8%
January 2025
184
-18.6%
December 2024
211
-4.1%
November 2024
123
-48.5%
October 2024
150
-33.0%
September 2024
177
-23.4%
August 2024
198
-28.8%
July 2024
185
-16.3%
June 2024
223
-27.8%
May 2024
314
-19.3%
April 2024
426
4.7 %
March 2024
345
-21.4%
February 2024
298
-6.0%
800
2021 2022 2023 2024
600
400
200
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

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
69.5 %
2.7 %
February 2025
73.1 %
9.1 %
January 2025
65.2 %
-5.1%
December 2024
62.2 %
-4.2%
November 2024
57.7 %
-12.6%
October 2024
57.5 %
-9.4%
September 2024
63.9 %
5.4 %
August 2024
58.9 %
-3.0%
July 2024
59.9 %
2.7 %
June 2024
60.3 %
-2.7%
May 2024
61.0 %
-3.8%
April 2024
69.8 %
4.0 %
March 2024
64.6 %
-4.0%
February 2024
67.0 %
-4.8%
80 %
60 %
2021 2022 2023 2024
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
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.