I have something like this in my bashrc:

   preexec ()
   {
       # shellcheck disable=2034
       _CMD_START="$(date +%s)"
   }

   trap 'preexec; trap - DEBUG' DEBUG

   PROMPT_COMMAND="_CMD_STOP=\$(date +%s)
       let _CMD_ELAPSED=_CMD_STOP-_CMD_START

       if [ \$_CMD_ELAPSED -gt 5 ]; then
           _TIME_STR=\" (\${_CMD_ELAPSED}s)\"
       else
           _TIME_STR=''
       fi; "

    PS1="\n\u@\h \w\$_TIME_STR\n\\$ "

    PROMPT_COMMAND+="trap 'preexec; trap - DEBUG' DEBUG"

Whenever a command takes more than 5 s it tells me exactly how long at the next prompt.

I didn't know about `$SECONDS` so I'm going to change it to use that.