Tag: housing market update

gray skies with text overlay over 7% rates what now?

Brevard County Housing Market: Is the Stability About to Be Tested?

October 16, 2026

Looking at the September housing market numbers, we’re continuing the theme we’ve seen through most of 2026: market stabilization.
Active inventory did tick up slightly from August, but nothing crazy. We currently have 4,208 properties available across Brevard County. That’s still well below last year, when we had more than 5,000 properties for sale.
And we had another month where sales nearly matched last year. There were 1,025 closings in September compared with 1,034 last September. Year to date, we’re only 70 closings behind 2025. That’s less than a 1% difference.
Months’ supply is also looking pretty good. We’re sitting at 4.1 months of inventory compared with 4.85 months last year. That’s the highest we’ve seen since February, but 4.1 months is still a pretty balanced number.
So overall, September looks pretty stable.
But now we have something else to keep an eye on: mortgage rates.
… More Brevard County Housing Market: Is the Stability About to Be Tested?

aerial view of a community in florida with Eric Larkin pointing to the text not a crash

Brevard County Housing Market Just Shifted…Here’s Why

July 24, 2026

We are officially halfway through 2026, so it’s time to take a step back and see how the Brevard County real estate market is really doing compared to last year.
Are home sales continuing the slowdown we’ve seen over the past four years? Is inventory really reaching record levels like some of the headlines suggest? What’s happening with home prices? And is the distressed real estate market starting to make a comeback?
… More Brevard County Housing Market Just Shifted…Here’s Why

Are Buyers Finally Catching a Break on the Space Coast?

November 14, 2025

How’s the market?? The Brevard housing market just got busier…but not necessarily hotter. Here’s what changed in October. Inventory is dropping, and sales are improving slightly. It is taking longer for a property to sell, and the median sales price from the Space Coast MLS dropped 5%. … More Are Buyers Finally Catching a Break on the Space Coast?

photo of Eric Larkin holding the words inventory and rates with arrows pointing up and down behind him. There is also a photo of a yellow spotted banana with the text overlay ripe market.

Home Buyers: Your Time Is Now

October 17, 2025

If you have been sitting on the sidelines waiting for the market to change…It’s happening now. Let me explain. While our active inventory is still over 5000 properties on the market, which is more than we have seen the last 7+ years. We have to go back to 2011 as the last time we were over 5000 properties available for sale. While we started 2025 over 5000 properties, and our inventory peaked in April with 5575 properties in our MLS. We have been trending down since then & currently have the lowest inventory we have seen all year with 5011 active listings. If you are a Buyer, you have an amazing selection to choose from. … More Home Buyers: Your Time Is Now

Eric is pointing to a pile of money in a front yard with the text Seller Concessions over it

Seller Concessions and Market Insights for July 2025

August 15, 2025

Price changes are up. We are seeing almost 2,000 price adjustments per month with 1971 this July
Day on market is hovering around 70 days on market for a contract with 69.44 days in July
The average sales price is down slightly from July 2024, with 426,808 as the average sales price
Median sales price is also trending down from July 2024, with $354,985 as the median sales price
… More Seller Concessions and Market Insights for July 2025

Eric Larkin in the front with text overlay saying there are a lot of homes for sale. in the background is a subdivision with for sale signs in front of almost every home

The “New Normal” for the Space Coast Housing Market

July 18, 2025

Sometimes in life, we need to hit the reset button. Rebalance…refocus…and find a way to keep moving forward. That’s what is happening with our housing market on the Space Coast. Our active inventory appears to have stabilized around the 5,500 mark. Yes, this is much higher than where we were last year, even slightly higher than January. The last 5 months, our average inventory was 5431, and we ended June at 5426. Pretty stable. … More The “New Normal” for the Space Coast Housing Market