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

Median Time to Contract Median Time to Contract
Monthly Market Detail- February 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 31 Days-47.5 % $ 200,000- $ 299,999 48 Days-11.1 % $ 300,000- $ 399,999 45 Days-10.0 % $ 400,000- $ 499,999 49 Days 14.0 % $ 500,000- $ 599,999 70 Days 45.8 % $ 600,000- $ 699,999 34 Days-29.2 % $ 700,000- $ 799,999 58 Days 93.3 % $ 800,000- $ 899,999 52 Days 13.0 % $ 900,000- $ 999,999 54 Days-14.3 % $ 1,000,000 or more 69 Days 21.1 %
80
February 2025 February 2026
80
70
70
60
60
50
50
40
40
30
30
20
20
10
10
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
700 600 500 400
300
200 100
0 $ 1,000,000- $ 1,249,999
February 2025 February 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 59 Days 20.4 % $ 1,250,000- $ 1,499,999 93 Days 38.8 % $ 1,500,000- $ 1,999,999 50 Days-53.7 % $ 2,000,000- $ 2,999,999 86 Days 109.8 % $ 3,000,000- $ 4,999,999 132 Days 103.1 % $ 5,000,000- $ 9,999,999 24 Days-22.6 % $ 10,000,000 or more 491 Days-22.8 %
$ 3,000,000- $ 4,999,999
$ 5,000,000- $ 9,999,999
$ 10,000,000 or more
700 600 500
400 300 200 100 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 Monday, March 16, 2026. Next data release is Friday, April 17, 2026.