Median Time to Contract Median Time to Contract
Monthly Market Detail- May 2026 Townhouses and Condos 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 83 Days-31.4 % $ 200,000- $ 299,999 90 Days 9.8 % $ 300,000- $ 399,999 101 Days-18.5 % $ 400,000- $ 499,999 77 Days 28.3 % $ 500,000- $ 599,999 180 Days 157.1 % $ 600,000- $ 699,999 105 Days 176.3 % $ 700,000- $ 799,999 220 Days 131.6 % $ 800,000- $ 899,999 60 Days 7.1 % $ 900,000- $ 999,999 257 Days 99.2 % $ 1,000,000 or more 116 Days 118.9 %
300
May 2025 May 2026
300
250 |
|
|
|
|
|
|
|
|
|
|
250 |
200 |
|
|
|
|
|
|
|
|
|
|
200 |
150 |
|
|
|
|
|
|
|
|
|
|
150 |
100 |
|
|
|
|
|
|
|
|
|
|
100 |
50 |
|
|
|
|
|
|
|
|
|
|
50 |
0 |
Less than $ 200,000 |
$ 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 |
0 |
Million Dollar Spotlight
Median Time to Contract by Sale Price for properties selling for $ 1,000,000 or more
200 180 160 140 120 100 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 34 Days N / A $ 1,250,000- $ 1,499,999 178 Days 229.6 % $ 1,500,000- $ 1,999,999 117 Days 216.2 % $ 2,000,000- $ 2,999,999 162 Days 88.4 % $ 3,000,000- $ 4,999,999( No Sales) N / A $ 5,000,000- $ 9,999,999( No Sales) N / A $ 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
200 180 160 140 120 100 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.