Palm Beach County Monthly Market Report - May May 2025 | Page 10

Median Time to Contract Median Time to Contract
Monthly Market Detail- February 2026 Single-Family Homes Palm Beach 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 26.6 % $ 200,000- $ 299,999 31 Days-42.6 % $ 300,000- $ 399,999 47 Days 74.1 % $ 400,000- $ 499,999 50 Days 42.9 % $ 500,000- $ 599,999 39 Days-29.1 % $ 600,000- $ 699,999 41 Days-22.6 % $ 700,000- $ 799,999 44 Days-15.4 % $ 800,000- $ 899,999 60 Days 33.3 % $ 900,000- $ 999,999 47 Days-16.1 % $ 1,000,000 or more 69 Days 16.9 %
90 80 70 60 50 40 30 20 10 0
Less than $ 200,000
February 2025 February 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
90 80 70 60 50 40 30 20 10 0

Million Dollar Spotlight

Median Time to Contract by Sale Price for properties selling for $ 1,000,000 or more
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 66 Days 43.5 % $ 1,250,000- $ 1,499,999 49 Days-2.0 % $ 1,500,000- $ 1,999,999 58 Days-17.1 % $ 2,000,000- $ 2,999,999 61 Days-7.6 % $ 3,000,000- $ 4,999,999 97 Days 76.4 % $ 5,000,000- $ 9,999,999 106 Days 2.9 % $ 10,000,000 or more 82 Days-10.9 %
$ 3,000,000- $ 4,999,999
$ 5,000,000- $ 9,999,999
$ 10,000,000 or more
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.