St Lucie County Monthly Market Report - March March 2025 | Page 13

Monthly Market Detail- March 2025 Townhouses and Condos St. Lucie 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
115
-20.7%
March 2025
53
-24.3%
February 2025
31
-32.6%
January 2025
31
6.9 %
December 2024
30
7.1 %
November 2024
18
-51.4%
October 2024
33
-25.0%
September 2024
32
-34.7%
August 2024
34
-38.2%
July 2024
39
-17.0%
June 2024
41
-30.5%
May 2024
59
-9.2%
April 2024
60
7.1 %
March 2024
70
1.4 %
Cash Sales
120 100 80 60 40 20 0
2021 2022 2023 2024
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
55.6 %
-6.1%
March 2025
56.4 %
-2.6%
February 2025
55.4 %
-13.3%
January 2025
54.4 %
-2.5%
December 2024
46.2 %
10.5 %
November 2024
40.9 %
-23.7%
October 2024
51.6 %
-8.5%
September 2024
43.2 %
-23.3%
August 2024
43.0 %
-12.4%
July 2024
49.4 %
-17.0%
June 2024
56.9 %
-1.6%
May 2024
52.2 %
-1.1%
April 2024
57.7 %
3.0 %
March 2024
57.9 %
-5.2%
Pct. of Closed Sales Paid in Cash
70 % 60 % 50 % 40 % 30 % 20 % 10 % 0 %
2021 2022 2023 2024
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.