Closed Sales Median Time to Contract
Monthly Market Detail- April 2025 Single-Family Homes Lee 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.
600 500 400 300 200 100
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.
140 120 100 80 60 40 20 0
Less than $ 50,000
Less than $ 50,000
April 2024 April 2025
$ 50,000- $ 99,999
$ 50,000- $ 99,999
$ 100,000- $ 149,999
$ 100,000- $ 149,999
$ 150,000- $ 199,999
April 2024 April 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
$ 100,000- $ 149,999 8 14.3 % $ 150,000- $ 199,999 22 266.7 % $ 200,000- $ 249,999 38 15.2 % $ 250,000- $ 299,999 183 81.2 % $ 300,000- $ 399,999 490 4.0 % $ 400,000- $ 599,999 307-24.4 % $ 600,000- $ 999,999 228 1.8 % $ 1,000,000 or more 140-22.2 %
Sale Price
$ 150,000- $ 199,999 18 Days-35.7 % $ 200,000- $ 249,999 26 Days-7.1 % $ 250,000- $ 299,999
Median Time to Contract
Percent Change Year-over-Year
Less than $ 50,000( No Sales) N / A $ 50,000- $ 99,999 3 Days-40.0 % $ 100,000- $ 149,999
Closed Sales
Percent Change Year-over-Year
Less than $ 50,000 0-100.0 % $ 50,000- $ 99,999 3 200.0 %
$ 300,000- $ 399,999
17 Days-43.3 %
56 Days 36.6 % $ 300,000- $ 399,999 57 Days 9.6 % $ 400,000- $ 599,999 61 Days 22.0 % $ 600,000- $ 999,999 58 Days-3.3 % $ 1,000,000 or more 70 Days 40.0 %
$ 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
600 500 400 300 200 100 0
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, May 22, 2025. Next data release is Monday, June 22, 2025.