Palm Beach County Monthly Market Report - May May 2025 | Page 22

Median Time to Contract Median Time to Contract
Monthly Market Detail- July 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 83 Days 10.7 % $ 200,000- $ 299,999 75 Days 11.9 % $ 300,000- $ 399,999 51 Days-22.7 % $ 400,000- $ 499,999 51 Days-8.9 % $ 500,000- $ 599,999 49 Days-34.7 % $ 600,000- $ 699,999 97 Days 31.1 % $ 700,000- $ 799,999 38 Days-42.4 % $ 800,000- $ 899,999 69 Days-47.3 % $ 900,000- $ 999,999 190 Days 84.5 % $ 1,000,000 or more 79 Days 1.3 %
200 180 160 140 120 100 80 60 40 20 0
Less than $ 200,000
July 2025 July 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
200 180 160 140 120 100 80 60 40 20 0

Million Dollar Spotlight

Median Time to Contract by Sale Price for properties selling for $ 1,000,000 or more
300 250 200
150 100
50
0 $ 1,000,000- $ 1,249,999
July 2025 July 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- $ 1,249,999 109 Days 3.8 % $ 1,250,000- $ 1,499,999 24 Days-67.1 % $ 1,500,000- $ 1,999,999 99 Days 62.3 % $ 2,000,000- $ 2,999,999 87 Days 0.0 % $ 3,000,000- $ 4,999,999 49 Days N / A $ 5,000,000- $ 9,999,999 116 Days 27.5 % $ 10,000,000 or more 261 Days N / A
$ 3,000,000- $ 4,999,999
$ 5,000,000- $ 9,999,999
$ 10,000,000 or more
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 Monday, August 17, 2026. Next data release is Wednesday, September 16, 2026.