Miami-Dade County Monthly Market Report - May March 2025 | Page 10

Median Time to Contract Median Time to Contract
Monthly Market Detail- January 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 $ 200,000 160 Days 247.8 % $ 200,000- $ 299,999 48 Days 118.2 % $ 300,000- $ 399,999 34 Days 61.9 % $ 400,000- $ 499,999 61 Days 64.9 % $ 500,000- $ 599,999 48 Days 9.1 % $ 600,000- $ 699,999 58 Days 41.5 % $ 700,000- $ 799,999 48 Days 2.1 % $ 800,000- $ 899,999 55 Days-3.5 % $ 900,000- $ 999,999 49 Days-21.0 % $ 1,000,000 or more 61 Days 7.0 %
180 160 140 120 100 80 60 40 20 0
Less than $ 200,000
January 2025 January 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
140 120 100 80
60
40 20 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 49 Days 4.3 % $ 1,250,000- $ 1,499,999 41 Days-6.8 % $ 1,500,000- $ 1,999,999 38 Days-34.5 % $ 2,000,000- $ 2,999,999 64 Days-43.4 % $ 3,000,000- $ 4,999,999 89 Days 78.0 % $ 5,000,000- $ 9,999,999 74 Days-22.9 % $ 10,000,000 or more 130 Days 23.8 %
$ 3,000,000- $ 4,999,999
$ 5,000,000- $ 9,999,999
$ 10,000,000 or more
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, February 17, 2026. Next data release is Monday, March 16, 2026.