Martin County Monthly Market Report - May March 2025 | Page 22

Median Time to Contract Median Time to Contract
Monthly Market Detail- May 2026 Townhouses and Condos Martin 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 $ 200,000 104 Days 25.3 % $ 200,000- $ 299,999 61 Days-14.1 % $ 300,000- $ 399,999 40 Days-51.8 % $ 400,000- $ 499,999 112 Days 348.0 % $ 500,000- $ 599,999 201 Days 1240.0 % $ 600,000- $ 699,999 74 Days N / A $ 700,000- $ 799,999 90 Days 28.6 % $ 800,000- $ 899,999 106 Days 60.6 % $ 900,000- $ 999,999 158 Days N / A $ 1,000,000 or more 36 Days-86.6 %
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
400 350 300 250 200 150 100 50 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( No Sales) N / A $ 1,250,000- $ 1,499,999( No Sales) N / A $ 1,500,000- $ 1,999,999 36 Days N / A $ 2,000,000- $ 2,999,999 56 Days-70.5 % $ 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
400 350 300 250 200 150 100 50 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.