Indian River County Monthly Market Report - May March 2025 | Page 18

Median Time to Contract
Median Time to Sale
Monthly Market Detail- May 2026 Townhouses and Condos Indian River 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
83 Days
-8.8%
May 2026
99 Days
5.3 %
April 2026
80 Days
-4.8%
March 2026
64 Days
-48.8%
February 2026
98 Days
100.0 %
January 2026
62 Days
-31.1%
December 2025
65 Days
-9.7%
November 2025
79 Days
9.7 %
October 2025
75 Days
-28.6%
September 2025
147 Days
67.0 %
August 2025
114 Days
31.0 %
July 2025
103 Days
-2.8%
June 2025
116 Days
46.8 %
May 2025
94 Days
62.1 %
200
2022 2023 2024 2025
150
100
50
0
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 A 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
113 Days
-5.0%
May 2026
123 Days
3.4 %
April 2026
106 Days
3.9 %
March 2026
82 Days
-45.7%
February 2026
123 Days
17.1 %
January 2026
89 Days
-26.4%
December 2025
91 Days
-9.0%
November 2025
121 Days
28.7 %
October 2025
106 Days
-17.8%
September 2025
178 Days
54.8 %
August 2025
150 Days
33.9 %
July 2025
136 Days
2.3 %
June 2025
140 Days
42.9 %
May 2025
119 Days
16.7 %
200
150
2022 2023 2024 2025
100
50
0
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 A M
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.