Response time depends on light intensity (uA) and wavelength(nm) and load resistance. Since photodiodes are current sources, the RC response time is a tradeoff with voltage sensitivity and speed.
Do you need spectrum equalized to eye response or silicon response which is heavily weighted towards Infrared?
If daylight eye corrected response is essential, I have had excellent results with low-cost Panasonic's
Photo IC type high sensitive light sensor in a 5mm case with radial leads. Although specified 1.3ms response with 500 Ohm load and 250uA from 100 lx (lux) gives 125mV.
It is called the
Panasonic AMS302, which I got from Digikey last year.
FEATURES
1. Built-in optical filter for spectral response similar to that of the human eye.
2. Photocurrent is proportional to illumination. (linear output)