Closed Sales Median Time to Contract
Monthly Market Detail- May 2025 Townhouses and Condos Manatee 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.
160 140 120 100 80 60 40 20 0
Less than $ 50,000
Less than $ 50,000
May 2024 May 2025
$ 50,000- $ 99,999
$ 50,000- $ 99,999
$ 100,000- $ 149,999
$ 100,000- $ 149,999
$ 150,000- $ 199,999
May 2024 May 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 8 60.0 % $ 100,000- $ 149,999 12 20.0 % $ 150,000- $ 199,999 13-13.3 % $ 200,000- $ 249,999 20-4.8 % $ 250,000- $ 299,999 59 110.7 % $ 300,000- $ 399,999 96 21.5 % $ 400,000- $ 599,999 34-52.8 % $ 600,000- $ 999,999 19-26.9 % $ 1,000,000 or more 4-50.0 %
$ 300,000- $ 399,999
Sale Price
$ 50,000- $ 99,999 139 Days 215.9 % $ 100,000- $ 149,999
Median Time to Contract
Percent Change Year-over-Year
Less than $ 50,000( No Sales) N / A
79 Days 31.7 % $ 150,000- $ 199,999 77 Days 42.6 % $ 200,000- $ 249,999 62 Days 77.1 % $ 250,000- $ 299,999
29 Days-25.6 % $ 300,000- $ 399,999 64 Days 12.3 % $ 400,000- $ 599,999 53 Days-22.1 % $ 600,000- $ 999,999 82 Days 182.8 % $ 1,000,000 or more 77 Days 57.1 %
$ 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
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 Monday, June 22, 2025. Next data release is Wednesday, July 23, 2025.