Sarasota County Market Report Sarasota County Market Report | Page 13

Cash Sales
Pct. of Closed Sales Paid in Cash
Monthly Market Detail- March 2025 Townhouses and Condos Sarasota 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
556
-12.0%
March 2025
222
-21.8%
February 2025
170
-14.6%
January 2025
164
10.1 %
December 2024
173
-23.5%
November 2024
142
-34.6%
October 2024
135
-18.2%
September 2024
137
-19.4%
August 2024
127
-25.3%
July 2024
173
16.9 %
June 2024
188
-18.3%
May 2024
270
-10.3%
April 2024
302
26.9 %
March 2024
284
3.3 %
500
2021 2022 2023 2024
400 300 200 100
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 M

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
69.2 %
-3.4%
March 2025
68.5 %
-2.6%
February 2025
71.7 %
-2.7%
January 2025
67.8 %
-4.9%
December 2024
67.6 %
-4.9%
November 2024
60.2 %
-18.4%
October 2024
67.5 %
0.6 %
September 2024
59.6 %
2.4 %
August 2024
58.5 %
-3.9%
July 2024
60.7 %
9.2 %
June 2024
66.4 %
9.9 %
May 2024
63.8 %
-6.6%
April 2024
70.1 %
12.9 %
March 2024
70.3 %
5.9 %
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 M
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, April 24, 2025. Next data release is Thursday, May 22, 2025.