Indian River County Monthly Market Report - May March 2025 | Page 10

Median Time to Contract Median Time to Contract
Monthly Market Detail- May 2026 Single-Family Homes Indian River County

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.
Sale Price
Median Time to Contract
Percent Change Year-over-Year
Less than $ 200,000 42 Days 281.8 % $ 200,000- $ 299,999 44 Days 29.4 % $ 300,000- $ 399,999 41 Days-22.6 % $ 400,000- $ 499,999 70 Days 20.7 % $ 500,000- $ 599,999 64 Days-15.8 % $ 600,000- $ 699,999 31 Days-54.4 % $ 700,000- $ 799,999 126 Days 70.3 % $ 800,000- $ 899,999 143 Days 123.4 % $ 900,000- $ 999,999 92 Days-43.2 % $ 1,000,000 or more 96 Days 7.9 %
180 160 140 120 100 80 60 40 20 0
Less than $ 200,000
May 2025 May 2026
$ 200,000- $ 299,999
$ 300,000- $ 399,999
$ 400,000- $ 499,999
$ 500,000- $ 599,999
$ 600,000- $ 699,999
$ 700,000- $ 799,999
$ 800,000- $ 899,999
$ 900,000- $ 999,999
$ 1,000,000 or more
180 160 140 120 100 80 60 40 20 0

Million Dollar Spotlight

Median Time to Contract by Sale Price for properties selling for $ 1,000,000 or more
120 100 80
60 40
20
0 $ 1,000,000- $ 1,249,999
May 2025 May 2026
$ 1,250,000- $ 1,499,999
$ 1,500,000- $ 1,999,999
$ 2,000,000- $ 2,999,999
Sale Price
Median Time to Contract
Percent Change Year-over-Year
$ 1,000,000- $ 1,249,999 102 Days 30.8 % $ 1,250,000- $ 1,499,999 97 Days 12.8 % $ 1,500,000- $ 1,999,999 110 Days 2.8 % $ 2,000,000- $ 2,999,999 91 Days 46.8 % $ 3,000,000- $ 4,999,999 100 Days-12.3 % $ 5,000,000- $ 9,999,999 46 Days 187.5 % $ 10,000,000 or more( No Sales) N / A
$ 3,000,000- $ 4,999,999
$ 5,000,000- $ 9,999,999
$ 10,000,000 or more
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 10th day of the following month. Data released on Tuesday, June 16, 2026. Next data release is Friday, July 17, 2026.