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

Median Time to Contract Median Time to Contract
Monthly Market Detail- January 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 80 Days 21.2 % $ 200,000- $ 299,999 89 Days 18.7 % $ 300,000- $ 399,999 67 Days 9.8 % $ 400,000- $ 499,999 65 Days 1.6 % $ 500,000- $ 599,999 76 Days 81.0 % $ 600,000- $ 699,999 59 Days 0.0 % $ 700,000- $ 799,999 93 Days 12.0 % $ 800,000- $ 899,999 89 Days 41.3 % $ 900,000- $ 999,999 30 Days 50.0 % $ 1,000,000 or more 69 Days-40.5 %
140
January 2025 January 2026
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
400 350 300 250 200 150 100 50 0
$ 1,000,000- $ 1,249,999
January 2025 January 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 97 Days-11.8 % $ 1,250,000- $ 1,499,999 88 Days-54.4 % $ 1,500,000- $ 1,999,999 73 Days-24.0 % $ 2,000,000- $ 2,999,999 45 Days-54.1 % $ 3,000,000- $ 4,999,999 60 Days-82.1 % $ 5,000,000- $ 9,999,999 1 Day N / A $ 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
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 Tuesday, February 17, 2026. Next data release is Monday, March 16, 2026.