Sarasota County Market Report Sarasota County Market Report

Closed Sales Median Time to Contract

Monthly Market Detail- July 2025 Single-Family Homes 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.

250 200 150 100 50

July 2024 July 2025

Sale Price Closed Sales

Percent Change Year-over-Year

Less than $ 50,000 0 N / A $ 50,000- $ 99,999 0 N / A $ 100,000- $ 149,999 3 50.0 % $ 150,000- $ 199,999 14 366.7 % $ 200,000- $ 249,999 18-21.7 % $ 250,000- $ 299,999 49-12.5 % $ 300,000- $ 399,999 183 22.8 % $ 400,000- $ 599,999 201 3.1 % $ 600,000- $ 999,999 168 27.3 % $ 1,000,000 or more 87 6.1 %

250 200 150 100 50

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

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.

90 80 70 60 50 40 30 20 10 0

Less than $ 50,000

July 2024 July 2025

$ 50,000- $ 99,999

$ 100,000- $ 149,999

$ 150,000- $ 199,999

$ 200,000- $ 249,999

$ 250,000- $ 299,999

Sale Price

$ 50,000- $ 99,999( No Sales) N / A $ 100,000- $ 149,999

Median Time to Contract

Percent Change Year-over-Year

Less than $ 50,000( No Sales) N / A

17 Days 240.0 % $ 150,000- $ 199,999 80 Days N / A $ 200,000- $ 249,999 40 Days 90.5 % $ 250,000- $ 299,999

67 Days 86.1 % $ 300,000- $ 399,999 54 Days-8.5 % $ 400,000- $ 599,999 62 Days 19.2 % $ 600,000- $ 999,999 79 Days 68.1 % $ 1,000,000 or more 61 Days-3.2 %