Median Time to Contract Median Time to Contract
Monthly Market Detail- May 2026 Single-Family Homes Miami-Dade 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 99 Days 167.6 % $ 200,000- $ 299,999 47 Days 161.1 % $ 300,000- $ 399,999 41 Days 20.6 % $ 400,000- $ 499,999 37 Days 5.7 % $ 500,000- $ 599,999 34 Days-26.1 % $ 600,000- $ 699,999 46 Days 35.3 % $ 700,000- $ 799,999 29 Days 0.0 % $ 800,000- $ 899,999 34 Days-33.3 % $ 900,000- $ 999,999 56 Days 33.3 % $ 1,000,000 or more 50 Days 2.0 %
120
May 2025 May 2026
120
100 |
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100 |
80 |
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80 |
60 |
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60 |
40 |
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40 |
20 |
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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
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 47 Days 17.5 % $ 1,250,000- $ 1,499,999 42 Days 13.5 % $ 1,500,000- $ 1,999,999 23 Days-54.0 % $ 2,000,000- $ 2,999,999 53 Days 29.3 % $ 3,000,000- $ 4,999,999 98 Days 30.7 % $ 5,000,000- $ 9,999,999 74 Days-22.9 % $ 10,000,000 or more 98 Days 30.7 %
$ 3,000,000- $ 4,999,999
$ 5,000,000- $ 9,999,999
$ 10,000,000 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 10th day of the following month. Data released on Tuesday, June 16, 2026. Next data release is Friday, July 17, 2026.