Median Time to Contract
Median Time to Sale
Monthly Market Detail - January 2025 Single-Family Homes Lee 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 |
53 Days |
-3.6% |
January 2025 |
53 Days |
-3.6% |
December 2024 |
57 Days |
35.7 % |
November 2024 |
58 Days |
26.1 % |
October 2024 |
55 Days |
19.6 % |
September 2024 |
57 Days |
35.7 % |
August 2024 |
55 Days |
31.0 % |
July 2024 |
51 Days |
34.2 % |
June 2024 |
53 Days |
51.4 % |
May 2024 |
50 Days |
66.7 % |
April 2024 |
50 Days |
51.5 % |
March 2024 |
60 Days |
81.8 % |
February 2024 |
64 Days |
106.5 % |
January 2024 |
55 Days |
61.8 % |
70 60 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
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 |
91 Days |
-6.2% |
January 2025 |
91 Days |
-6.2% |
December 2024 |
96 Days |
15.7 % |
November 2024 |
101 Days |
11.0 % |
October 2024 |
101 Days |
12.2 % |
September 2024 |
98 Days |
14.0 % |
August 2024 |
98 Days |
15.3 % |
July 2024 |
94 Days |
17.5 % |
June 2024 |
96 Days |
18.5 % |
May 2024 |
91 Days |
24.7 % |
April 2024 |
90 Days |
21.6 % |
March 2024 |
99 Days |
33.8 % |
February 2024 |
103 Days |
35.5 % |
January 2024 |
97 Days |
22.8 % |
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
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 Friday , February 21 , 2025 . Next data release is Thursday , March 20 , 2025 .