Hillsborough Market Report Hillsborough Market Report | Page 22

Median Time to Contract Median Time to Contract
Monthly Market Detail- May 2026 Townhouses and Condos Hillsborough 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 55 Days 41.0 % $ 200,000- $ 299,999 43 Days-20.4 % $ 300,000- $ 399,999 67 Days 97.1 % $ 400,000- $ 499,999 37 Days-30.2 % $ 500,000- $ 599,999 33 Days 73.7 % $ 600,000- $ 699,999 37 Days 12.1 % $ 700,000- $ 799,999 171 Days 418.2 % $ 800,000- $ 899,999 4 Days-91.7 % $ 900,000- $ 999,999 115 Days 57.5 % $ 1,000,000 or more 52 Days 73.3 %
180 160 140 120 100 80 60 40 20 0
Less than $ 200,000
May 2025 May 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
180 160 140 120 100 80 60 40 20 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
May 2025 May 2026
Sale Price
Median Time to Contract
Percent Change Year-over-Year
$ 1,000,000- $ 1,249,999 90 Days 500.0 % $ 1,250,000- $ 1,499,999 12 Days-33.3 % $ 1,500,000- $ 1,999,999 203 Days 322.9 % $ 2,000,000- $ 2,999,999 52 Days N / A $ 3,000,000- $ 4,999,999 0 Days-100.0 % $ 5,000,000- $ 9,999,999( No Sales) N / A $ 10,000,000 or more( No Sales) 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 Tuesday, June 16, 2026. Next data release is Friday, July 17, 2026.