Median Time to Contract Median Time to Contract
Monthly Market Detail- August 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 35 Days-80.0 % $ 200,000- $ 299,999 22 Days 57.1 % $ 300,000- $ 399,999 24 Days-20.0 % $ 400,000- $ 499,999 31 Days-29.5 % $ 500,000- $ 599,999 40 Days-4.8 % $ 600,000- $ 699,999 36 Days-34.5 % $ 700,000- $ 799,999 48 Days 14.3 % $ 800,000- $ 899,999 39 Days-40.9 % $ 900,000- $ 999,999 44 Days-18.5 % $ 1,000,000 or more 44 Days-38.0 %
|
200 180 160 140 120 100 80 60 40 20 0 |
Less than $ 200,000 |
August 2025 August 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
180 160 140 120 100 80 60 40 20 0
$ 1,000,000- $ 1,249,999
August 2025 August 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 37 Days-45.6 % $ 1,250,000- $ 1,499,999 27 Days-43.8 % $ 1,500,000- $ 1,999,999 54 Days 0.0 % $ 2,000,000- $ 2,999,999 46 Days-48.3 % $ 3,000,000- $ 4,999,999 70 Days-4.1 % $ 5,000,000- $ 9,999,999 105 Days-19.2 % $ 10,000,000 or more 159 Days 15.2 %
$ 3,000,000- $ 4,999,999
$ 5,000,000- $ 9,999,999
$ 10,000,000 or more
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 Wednesday, September 16, 2026. Next data release is Friday, October 16, 2026.