Median Time to Contract Median Time to Contract
Monthly Market Detail- May 2026 Townhouses and Condos Lee 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 91 Days-18.0 % $ 200,000- $ 299,999 69 Days-11.5 % $ 300,000- $ 399,999 73 Days 2.8 % $ 400,000- $ 499,999 73 Days 9.0 % $ 500,000- $ 599,999 77 Days 26.2 % $ 600,000- $ 699,999 102 Days 43.7 % $ 700,000- $ 799,999 112 Days 220.0 % $ 800,000- $ 899,999 63 Days-66.3 % $ 900,000- $ 999,999 111 Days 484.2 % $ 1,000,000 or more 137 Days 124.6 %
|
200 180 160 140 120 100 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 |
200 180 160 140 120 100 80 60 40 20 0 |
Million Dollar Spotlight
Median Time to Contract by Sale Price for properties selling for $ 1,000,000 or more
200 180 160 140 120 100 80 60 40 20 0
$ 1,000,000- $ 1,249,999
May 2025 May 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- $ 1,249,999 158 Days 105.2 % $ 1,250,000- $ 1,499,999 52 Days-59.7 % $ 1,500,000- $ 1,999,999 145 Days 163.6 % $ 2,000,000- $ 2,999,999 74 Days-9.8 % $ 3,000,000- $ 4,999,999 186 Days 257.7 % $ 5,000,000- $ 9,999,999 144 Days 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
200 180 160 140 120 100 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 10th day of the following month. Data released on Tuesday, June 16, 2026. Next data release is Friday, July 17, 2026.