Closed Sales Median Time to Contract
Monthly Market Detail- August 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.
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.
140 120 100 80 60 40 20 0
Less than $ 50,000
Less than $ 50,000
August 2024 August 2025
$ 50,000- $ 99,999
$ 50,000- $ 99,999
$ 100,000- $ 149,999
$ 100,000- $ 149,999
$ 150,000- $ 199,999
August 2024 August 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 19 533.3 % $ 150,000- $ 199,999 29 61.1 % $ 200,000- $ 249,999 32 39.1 % $ 250,000- $ 299,999 40 14.3 % $ 300,000- $ 399,999 55-5.2 % $ 400,000- $ 599,999 37-15.9 % $ 600,000- $ 999,999 13-35.0 % $ 1,000,000 or more 19 18.8 %
Sale Price
$ 150,000- $ 199,999 73 Days-18.0 % $ 200,000- $ 249,999 81 Days-5.8 % $ 250,000- $ 299,999
Median Time to Contract
Percent Change Year-over-Year
Less than $ 50,000 131 Days N / A $ 50,000- $ 99,999 66 Days N / A $ 100,000- $ 149,999
Closed Sales
Percent Change Year-over-Year
Less than $ 50,000 1 N / A $ 50,000- $ 99,999 2 N / A
$ 300,000- $ 399,999
99 Days 110.6 %
62 Days-17.3 % $ 300,000- $ 399,999 103 Days 71.7 % $ 400,000- $ 599,999 89 Days 61.8 % $ 600,000- $ 999,999 63 Days-43.8 % $ 1,000,000 or more 101 Days 140.5 %
$ 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
70 60 50 40 30 20 10
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 Tuesday, September 23, 2025. Next data release is Thursday, October 23, 2025.