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

Median Time to Contract Median Time to Contract
Monthly Market Detail- July 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 8 Days-76.5 % $ 200,000- $ 299,999 41 Days-14.6 % $ 300,000- $ 399,999 35 Days-30.0 % $ 400,000- $ 499,999 36 Days-26.5 % $ 500,000- $ 599,999 34 Days-10.5 % $ 600,000- $ 699,999 29 Days-34.1 % $ 700,000- $ 799,999 24 Days-38.5 % $ 800,000- $ 899,999 19 Days-51.3 % $ 900,000- $ 999,999 34 Days-5.6 % $ 1,000,000 or more 56 Days 14.3 %
60
July 2025 July 2026
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
250 200 150
100 50
July 2025 July 2026
Sale Price
Median Time to Contract
Percent Change Year-over-Year
$ 1,000,000- $ 1,249,999 37 Days-5.1 % $ 1,250,000- $ 1,499,999 27 Days-28.9 % $ 1,500,000- $ 1,999,999 61 Days 22.0 % $ 2,000,000- $ 2,999,999 89 Days 18.7 % $ 3,000,000- $ 4,999,999 141 Days 38.2 % $ 5,000,000- $ 9,999,999 116 Days-23.2 % $ 10,000,000 or more 193 Days N / A
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 Monday, August 17, 2026. Next data release is Wednesday, September 16, 2026.