Miami-Dade County Monthly Market Report - May March 2025 | Seite 22

Median Time to Contract Median Time to Contract
Monthly Market Detail- March 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 80 Days-9.1 % $ 200,000- $ 299,999 73 Days 21.7 % $ 300,000- $ 399,999 58 Days 28.9 % $ 400,000- $ 499,999 64 Days 39.1 % $ 500,000- $ 599,999 71 Days 42.0 % $ 600,000- $ 699,999 54 Days-11.5 % $ 700,000- $ 799,999 101 Days 11.0 % $ 800,000- $ 899,999 101 Days 80.4 % $ 900,000- $ 999,999 99 Days 94.1 % $ 1,000,000 or more 105 Days 25.0 %
120
March 2025 March 2026
120
100
100
80
80
60
60
40
40
20
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
400 350 300 250 200 150 100 50 0
$ 1,000,000- $ 1,249,999
March 2025 March 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- $ 1,249,999 106 Days 152.4 % $ 1,250,000- $ 1,499,999 106 Days 20.5 % $ 1,500,000- $ 1,999,999 120 Days 87.5 % $ 2,000,000- $ 2,999,999 98 Days 0.0 % $ 3,000,000- $ 4,999,999 91 Days-31.6 % $ 5,000,000- $ 9,999,999 98 Days-5.8 % $ 10,000,000 or more 369 Days 653.1 %
$ 3,000,000- $ 4,999,999
$ 5,000,000- $ 9,999,999
$ 10,000,000 or more
400 350 300 250 200 150 100 50 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 Friday, April 17, 2026. Next data release is Friday, May 15, 2026.