Median Time to Contract Median Time to Contract
Monthly Market Detail- May 2026 Townhouses and Condos 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 72 Days-8.9 % $ 200,000- $ 299,999 81 Days 22.7 % $ 300,000- $ 399,999 61 Days 15.1 % $ 400,000- $ 499,999 61 Days 27.1 % $ 500,000- $ 599,999 38 Days-29.6 % $ 600,000- $ 699,999 63 Days 3.3 % $ 700,000- $ 799,999 53 Days 65.6 % $ 800,000- $ 899,999 50 Days 42.9 % $ 900,000- $ 999,999 18 Days-65.4 % $ 1,000,000 or more 95 Days 106.5 %
|
100 90 80 70 60 50 40 30 20 10 0 |
Less than $ 200,000 |
May 2025 May 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 |
100 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
600 500 400
300 200
100
0 $ 1,000,000- $ 1,249,999
May 2025 May 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- $ 1,249,999 115 Days 55.4 % $ 1,250,000- $ 1,499,999 43 Days 53.6 % $ 1,500,000- $ 1,999,999 78 Days 62.5 % $ 2,000,000- $ 2,999,999 129 Days 152.9 % $ 3,000,000- $ 4,999,999 75 Days-11.8 % $ 5,000,000- $ 9,999,999 58 Days 28.9 % $ 10,000,000 or more 504 Days 4481.8 %
$ 3,000,000- $ 4,999,999
$ 5,000,000- $ 9,999,999
$ 10,000,000 or more
600
500
400 300 200 100 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.