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

Median Time to Contract Median Time to Contract
Monthly Market Detail- April 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 42 Days-70.6 % $ 200,000- $ 299,999 47 Days 34.3 % $ 300,000- $ 399,999 42 Days 31.3 % $ 400,000- $ 499,999 33 Days-21.4 % $ 500,000- $ 599,999 32 Days-8.6 % $ 600,000- $ 699,999 33 Days-8.3 % $ 700,000- $ 799,999 29 Days-31.0 % $ 800,000- $ 899,999 28 Days-36.4 % $ 900,000- $ 999,999 28 Days-15.2 % $ 1,000,000 or more 41 Days-16.3 %
160
April 2025 April 2026
160
140
140
120
120
100
100
80
80
60
60
40
40
20
20
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
300 250 200
150 100
50
0 $ 1,000,000- $ 1,249,999
April 2025 April 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 27 Days-49.1 % $ 1,250,000- $ 1,499,999 29 Days-44.2 % $ 1,500,000- $ 1,999,999 42 Days 16.7 % $ 2,000,000- $ 2,999,999 47 Days 42.4 % $ 3,000,000- $ 4,999,999 74 Days-24.5 % $ 5,000,000- $ 9,999,999 128 Days-47.3 % $ 10,000,000 or more 92 Days-28.7 %
$ 3,000,000- $ 4,999,999
$ 5,000,000- $ 9,999,999
$ 10,000,000 or more
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 Friday, May 15, 2026. Next data release is Tuesday, June 16, 2026.