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

Median Time to Contract Median Time to Contract
Monthly Market Detail- August 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 90 Days 1025.0 % $ 200,000- $ 299,999 26 Days-42.2 % $ 300,000- $ 399,999 58 Days 65.7 % $ 400,000- $ 499,999 46 Days 2.2 % $ 500,000- $ 599,999 29 Days-37.0 % $ 600,000- $ 699,999 38 Days-24.0 % $ 700,000- $ 799,999 32 Days-38.5 % $ 800,000- $ 899,999 46 Days 15.0 % $ 900,000- $ 999,999 41 Days 41.4 % $ 1,000,000 or more 52 Days-24.6 %
100 90 80 70 60 50 40 30 20 10 0
Less than $ 200,000
August 2025 August 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
100 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
August 2025 August 2026
Sale Price
Median Time to Contract
Percent Change Year-over-Year
$ 1,000,000- $ 1,249,999 29 Days-50.0 % $ 1,250,000- $ 1,499,999 29 Days-61.8 % $ 1,500,000- $ 1,999,999 65 Days 27.5 % $ 2,000,000- $ 2,999,999 56 Days-11.1 % $ 3,000,000- $ 4,999,999 106 Days 26.2 % $ 5,000,000- $ 9,999,999 136 Days-31.3 % $ 10,000,000 or more 194 Days 70.2 %
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 Wednesday, September 16, 2026. Next data release is Friday, October 16, 2026.