Broward County Monthly Market Report - May March 2025 | Page 10

Median Time to Contract Median Time to Contract
Monthly Market Detail- March 2026 Single-Family Homes Broward 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 32 Days-56.8 % $ 200,000- $ 299,999 81 Days 285.7 % $ 300,000- $ 399,999 45 Days 12.5 % $ 400,000- $ 499,999 51 Days 2.0 % $ 500,000- $ 599,999 47 Days 46.9 % $ 600,000- $ 699,999 33 Days-29.8 % $ 700,000- $ 799,999 37 Days-2.6 % $ 800,000- $ 899,999 29 Days-35.6 % $ 900,000- $ 999,999 42 Days 7.7 % $ 1,000,000 or more 60 Days 0.0 %
90 80 70 60 50 40 30 20 10 0
Less than $ 200,000
March 2025 March 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
90 80 70 60 50 40 30 20 10 0

Million Dollar Spotlight

Median Time to Contract by Sale Price for properties selling for $ 1,000,000 or more
250 200 150
100 50
March 2025 March 2026
Sale Price
Median Time to Contract
Percent Change Year-over-Year
$ 1,000,000- $ 1,249,999 68 Days 9.7 % $ 1,250,000- $ 1,499,999 40 Days-24.5 % $ 1,500,000- $ 1,999,999 37 Days-47.9 % $ 2,000,000- $ 2,999,999 72 Days 67.4 % $ 3,000,000- $ 4,999,999 69 Days 102.9 % $ 5,000,000- $ 9,999,999 228 Days 216.7 % $ 10,000,000 or more 156 Days 15.6 %
250 200 150 100 50
0
$ 1,000,000- $ 1,249,999
$ 1,250,000- $ 1,499,999
$ 1,500,000- $ 1,999,999
$ 2,000,000- $ 2,999,999
$ 3,000,000- $ 4,999,999
$ 5,000,000- $ 9,999,999
$ 10,000,000 or more
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 Friday, April 17, 2026. Next data release is Friday, May 15, 2026.