Miami-Dade County Monthly Market Report - May March 2025 | Page 18

Median Time to Contract
Median Time to Sale
Monthly Market Detail- January 2026 Townhouses and Condos Miami-Dade County

Median Time to Contract

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.
Month
Median Time to
Contract
Percent Change
Year-over-Year
Year-to-Date
71 Days
10.9 %
January 2026
71 Days
10.9 %
December 2025
72 Days
24.1 %
November 2025
72 Days
10.8 %
October 2025
72 Days
41.2 %
September 2025
75 Days
47.1 %
August 2025
67 Days
42.6 %
July 2025
65 Days
10.2 %
June 2025
68 Days
13.3 %
May 2025
63 Days
18.9 %
April 2025
61 Days
15.1 %
March 2025
58 Days
34.9 %
February 2025
66 Days
34.7 %
January 2025
64 Days
36.2 %
80
2022 2023 2024 2025
60
40
20
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J

Median Time to Sale

The median number of days between the listing date and closing date for all Closed Sales during the month
Economists ' note: Time to Sale is a measure of the length of the home selling process, calculated as the number of days between the initial listing of a property and the closing of the sale. Median Time to Sale is the amount of time the " middle " property selling this month was on the market. That is, 50 % of homes selling this month took less time to sell, and 50 % of homes took more time to sell. Median Time to Sale gives a more accurate picture than Average Time to Sale, which can be skewed upward by small numbers of properties taking an abnormally long time to sell.
Month
Median Time to Sale
Percent Change
Year-over-Year
Year-to-Date
117 Days
8.3 %
January 2026
117 Days
8.3 %
December 2025
109 Days
13.5 %
November 2025
111 Days
2.8 %
October 2025
110 Days
23.6 %
September 2025
115 Days
23.7 %
August 2025
106 Days
21.8 %
July 2025
107 Days
8.1 %
June 2025
107 Days
7.0 %
May 2025
104 Days
11.8 %
April 2025
100 Days
9.9 %
March 2025
100 Days
25.0 %
February 2025
106 Days
21.8 %
January 2025
108 Days
20.0 %
140 120 100 80 60 40 20 0
2022 2023 2024 2025
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
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.