Median Time to Contract Median Time to Contract
Monthly Market Detail- May 2026 Townhouses and Condos 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 68 Days-23.6 % $ 200,000- $ 299,999 55 Days-20.3 % $ 300,000- $ 399,999 54 Days-1.8 % $ 400,000- $ 499,999 59 Days 3.5 % $ 500,000- $ 599,999 53 Days 23.3 % $ 600,000- $ 699,999 103 Days 43.1 % $ 700,000- $ 799,999 60 Days-16.7 % $ 800,000- $ 899,999 92 Days 12.2 % $ 900,000- $ 999,999 70 Days-28.6 % $ 1,000,000 or more 88 Days 23.9 %
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
250 200 150
100 50
May 2025 May 2026
Sale Price
Median Time to Contract
Percent Change Year-over-Year
$ 1,000,000- $ 1,249,999 96 Days 45.5 % $ 1,250,000- $ 1,499,999 67 Days 42.6 % $ 1,500,000- $ 1,999,999 50 Days-50.5 % $ 2,000,000- $ 2,999,999 113 Days 25.6 % $ 3,000,000- $ 4,999,999 112 Days 107.4 % $ 5,000,000- $ 9,999,999 200 Days 227.9 % $ 10,000,000 or more 149 Days 29.6 %
250 200 150 100 50
$ 1,000,000- $ 1,249,999
$ 1,250,000- $ 1,499,999
$ 1,500,000- $ 1,999,999
$ 2,000,000- $ 2,999,999
$ 3,000,000- $ 4,999,999
$ 5,000,000- $ 9,999,999
$ 10,000,000 or more
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.