St Lucie County Monthly Market Report - March March 2025 | Page 6

Monthly Market Detail- March 2025 Single-Family Homes St. Lucie County

Median Time to Contract

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.
Month
Median Time to Contract
Percent Change Year-over-Year
Year-to-Date
60 Days
46.3 %
March 2025
56 Days
36.6 %
February 2025
60 Days
71.4 %
January 2025
52 Days
52.9 %
December 2024
54 Days
68.8 %
November 2024
55 Days
103.7 %
October 2024
54 Days
86.2 %
September 2024
46 Days
91.7 %
August 2024
45 Days
55.2 %
July 2024
43 Days
72.0 %
June 2024
42 Days
44.8 %
May 2024
38 Days
11.8 %
April 2024
37 Days
2.8 %
March 2024
41 Days
-2.4%
Median Time to Contract
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

Median Time to Sale

The median number of days between the listing date and closing date for all Closed Sales during the month
Economists ' note: Time to Sale is a measure of the length of the home selling process, calculated as the number of days between the initial listing of a property and the closing of the sale. Median Time to Sale is the amount of time the " middle " property selling this month was on the market. That is, 50 % of homes selling this month took less time to sell, and 50 % of homes took more time to sell. Median Time to Sale gives a more accurate picture than Average Time to Sale, which can be skewed upward by small numbers of properties taking an abnormally long time to sell.
Month
Median Time to Sale
Percent Change
Year-over-Year
Year-to-Date
100 Days
23.5 %
March 2025
93 Days
16.3 %
February 2025
97 Days
27.6 %
January 2025
98 Days
27.3 %
December 2024
95 Days
26.7 %
November 2024
99 Days
39.4 %
October 2024
90 Days
30.4 %
September 2024
90 Days
28.6 %
August 2024
87 Days
24.3 %
July 2024
83 Days
9.2 %
June 2024
87 Days
17.6 %
May 2024
82 Days
6.5 %
April 2024
81 Days
8.0 %
March 2024
80 Days
1.3 %
Median Time to Sale
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
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.