Broward County Monthly Market Report - May March 2025 | Page 22

Median Time to Contract Median Time to Contract
Monthly Market Detail- February 2026 Townhouses and Condos 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 82 Days 2.5 % $ 200,000- $ 299,999 72 Days 14.3 % $ 300,000- $ 399,999 64 Days-1.5 % $ 400,000- $ 499,999 63 Days 8.6 % $ 500,000- $ 599,999 62 Days 21.6 % $ 600,000- $ 699,999 94 Days 64.9 % $ 700,000- $ 799,999 58 Days-19.4 % $ 800,000- $ 899,999 35 Days-51.4 % $ 900,000- $ 999,999 53 Days-29.3 % $ 1,000,000 or more 95 Days 18.8 %
100 90 80 70 60 50 40 30 20 10 0
Less than $ 200,000
February 2025 February 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
500 450 400 350 300 250 200 150 100 50 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- $ 1,249,999 113 Days 32.9 % $ 1,250,000- $ 1,499,999 59 Days-44.9 % $ 1,500,000- $ 1,999,999 128 Days 3.2 % $ 2,000,000- $ 2,999,999 437 Days 893.2 % $ 3,000,000- $ 4,999,999 48 Days-52.5 % $ 5,000,000- $ 9,999,999 248 Days 202.4 % $ 10,000,000 or more( No Sales) N / A
$ 3,000,000- $ 4,999,999
$ 5,000,000- $ 9,999,999
$ 10,000,000 or more
500 450 400 350 300 250 200 150 100 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 Monday, March 16, 2026. Next data release is Friday, April 17, 2026.