Median Time to Contract Median Time to Contract
Monthly Market Detail- February 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 81 Days-10.0 % $ 200,000- $ 299,999 87 Days 52.6 % $ 300,000- $ 399,999 78 Days 21.9 % $ 400,000- $ 499,999 62 Days-3.1 % $ 500,000- $ 599,999 78 Days 14.7 % $ 600,000- $ 699,999 63 Days 10.5 % $ 700,000- $ 799,999 103 Days 51.5 % $ 800,000- $ 899,999 106 Days 41.3 % $ 900,000- $ 999,999 202 Days 82.0 % $ 1,000,000 or more 98 Days 27.3 %
250
February 2025 February 2026
250
200 |
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200 |
150 |
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150 |
100 |
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100 |
50 |
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50 |
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
200 180 160 140 120 100 80 60 40 20 0
$ 1,000,000- $ 1,249,999
February 2025 February 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 95 Days 55.7 % $ 1,250,000- $ 1,499,999 82 Days-8.9 % $ 1,500,000- $ 1,999,999 94 Days 25.3 % $ 2,000,000- $ 2,999,999 105 Days 81.0 % $ 3,000,000- $ 4,999,999 134 Days 57.6 % $ 5,000,000- $ 9,999,999 80 Days-56.0 % $ 10,000,000 or more 84 Days 58.5 %
$ 3,000,000- $ 4,999,999
$ 5,000,000- $ 9,999,999
$ 10,000,000 or more
200 180 160 140 120 100 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 Monday, March 16, 2026. Next data release is Friday, April 17, 2026.