The album reached No. 1 in Canada, Italy, Japan, and on the "Billboard" Top Jazz chart, No. 2 in Australia, and No. 7 on the "Billboard" 200. Additionally it reached the top 10 in the United Kingdom, Switzerland, Norway, Austria, and Sweden. The album spent 104 weeks on the "Billboard" Top Jazz chart, including a record-breaking 78 weeks in the No. 1 spot. "It's Time" was "Billboard"s Top Jazz Album in both 2005 and 2006. The first single, "Feeling Good", met with little commercial success. However, the second single from the album, "Home", reached No. 1 on the "Billboard" Adult Contemporary Tracks chart and No. 72 on the "Billboard" Hot 100. The third single "Save the Last Dance for Me" reached No. 5 on the "Billboard" AC Track Chart and No. 99 on the "Billboard" Hot 100.