Closed Sales Median Time to Contract
Monthly Market Detail- August 2025 Townhouses and Condos Martin 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.
25 20 15 10 5
August 2024 August 2025
Sale Price Closed Sales
Percent Change Year-over-Year
Less than $ 50,000 0 N / A $ 50,000- $ 99,999 3 200.0 % $ 100,000- $ 149,999 9 200.0 % $ 150,000- $ 199,999 20 122.2 % $ 200,000- $ 249,999 10-16.7 % $ 250,000- $ 299,999 5-61.5 % $ 300,000- $ 399,999 18 5.9 % $ 400,000- $ 599,999 11 22.2 % $ 600,000- $ 999,999 2 100.0 % $ 1,000,000 or more 1 0.0 %
25 20 15 10 5
0 |
Less than $ 50,000 |
$ 50,000- $ 99,999 |
$ 100,000- $ 149,999 |
$ 150,000- $ 199,999 |
$ 200,000- $ 249,999 |
$ 250,000- $ 299,999 |
$ 300,000- $ 399,999 |
$ 400,000- $ 599,999 |
$ 600,000- $ 999,999 |
$ 1,000,000 or more |
0 |
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
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.
350 300 250 200
150
100 50 0 Less than $ 50,000
August 2024 August 2025
$ 50,000- $ 99,999
$ 100,000- $ 149,999
$ 150,000- $ 199,999
$ 200,000- $ 249,999
$ 250,000- $ 299,999
Sale Price
$ 150,000- $ 199,999 120 Days 69.0 % $ 200,000- $ 249,999 151 Days 115.7 % $ 250,000- $ 299,999
Median Time to Contract
Percent Change Year-over-Year
Less than $ 50,000( No Sales) N / A $ 50,000- $ 99,999 119 Days N / A $ 100,000- $ 149,999 71 Days 57.8 %
86 Days 11.7 % $ 300,000- $ 399,999 61 Days 29.8 % $ 400,000- $ 599,999 106 Days 82.8 % $ 600,000- $ 999,999 32 Days-36.0 % $ 1,000,000 or more 162 Days-47.2 %
$ 300,000- $ 399,999
$ 400,000- $ 599,999
$ 600,000- $ 999,999
$ 1,000,000 or more
350
300 250
200 150 100 50 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 Tuesday, September 23, 2025. Next data release is Thursday, October 23, 2025.