Closed Sales Median Time to Contract
Monthly Market Detail- July 2025 Townhouses and Condos Sarasota 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.
80 70 60 50 40 30 20 10 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
July 2024 July 2025
$ 50,000- $ 99,999
$ 50,000- $ 99,999
$ 100,000- $ 149,999
$ 100,000- $ 149,999
$ 150,000- $ 199,999
July 2024 July 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 4 100.0 % $ 100,000- $ 149,999 19 216.7 % $ 150,000- $ 199,999 36 125.0 % $ 200,000- $ 249,999 30-9.1 % $ 250,000- $ 299,999 28-24.3 % $ 300,000- $ 399,999 69 0.0 % $ 400,000- $ 599,999 28-50.0 % $ 600,000- $ 999,999 13-60.6 % $ 1,000,000 or more 12-63.6 %
$ 300,000- $ 399,999
Sale Price
$ 50,000- $ 99,999 32 Days-69.2 % $ 100,000- $ 149,999
Median Time to Contract
Percent Change Year-over-Year
Less than $ 50,000( No Sales) N / A
120 Days 130.8 % $ 150,000- $ 199,999 66 Days 3.1 % $ 200,000- $ 249,999 63 Days-14.9 % $ 250,000- $ 299,999
47 Days-35.6 % $ 300,000- $ 399,999 78 Days 18.2 % $ 400,000- $ 599,999 71 Days 39.2 % $ 600,000- $ 999,999 86 Days 126.3 % $ 1,000,000 or more 147 Days 31.3 %
$ 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
80 70 60 50 40 30 20 10 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 Thursday, August 21, 2025. Next data release is Tuesday, September 23, 2025.