Closed Sales Median Time to Contract
Monthly Market Detail- August 2025 Townhouses and Condos Broward County
Closed Sales by Sale Price
The number of sales transactions which closed during the month
Economists ' note: Closed Sales are one of the simplest— yet most important— indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend comparing the percent changes in sales rather than the number of sales. Closed Sales( and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes( i. e. comparing a month ' s sales to the amount of sales in the same month in the previous year), rather than changes from one month to the next.
250 200 150 100 50
August 2024 August 2025
Sale Price Closed Sales
Percent Change Year-over-Year
Less than $ 50,000 2-75.0 % $ 50,000- $ 99,999 63 96.9 % $ 100,000- $ 149,999 139 18.8 % $ 150,000- $ 199,999 164-10.4 % $ 200,000- $ 249,999 123-22.2 % $ 250,000- $ 299,999 91-21.6 % $ 300,000- $ 399,999 155-29.9 % $ 400,000- $ 599,999 156-17.9 % $ 600,000- $ 999,999 51-12.1 % $ 1,000,000 or more 30 15.4 %
250 200 150 100 50
0 |
Less than $ 50,000 |
$ 50,000- $ 99,999 |
$ 100,000- $ 149,999 |
$ 150,000- $ 199,999 |
$ 200,000- $ 249,999 |
$ 250,000- $ 299,999 |
$ 300,000- $ 399,999 |
$ 400,000- $ 599,999 |
$ 600,000- $ 999,999 |
$ 1,000,000 or more |
0 |
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.
120 100 80
60 40
20
0 Less than $ 50,000
August 2024 August 2025
$ 50,000- $ 99,999
$ 100,000- $ 149,999
$ 150,000- $ 199,999
$ 200,000- $ 249,999
$ 250,000- $ 299,999
Sale Price
$ 150,000- $ 199,999 79 Days 31.7 % $ 200,000- $ 249,999 84 Days 50.0 % $ 250,000- $ 299,999
Median Time to Contract
Percent Change Year-over-Year
Less than $ 50,000 106 Days 202.9 % $ 50,000- $ 99,999 81 Days 8.0 % $ 100,000- $ 149,999 81 Days-4.7 %
88 Days 31.3 % $ 300,000- $ 399,999 59 Days 37.2 % $ 400,000- $ 599,999 65 Days 47.7 % $ 600,000- $ 999,999 82 Days 20.6 % $ 1,000,000 or more 58 Days-23.7 %
$ 300,000- $ 399,999
$ 400,000- $ 599,999
$ 600,000- $ 999,999
$ 1,000,000 or more
120
100
80 60 40 20 0
Produced by Florida Realtors ® with data provided by Florida ' s multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Tuesday, September 23, 2025. Next data release is Thursday, October 23, 2025.