08/31/2026
🏡🌴 MARKET MONDAY: Setting Up for the Rest of 2026 🌴🏡
We’re heading into the last stretch of the year on the Space Coast, and the July numbers give us a good read on what to expect through fall and winter 👇
📉 Single-family inventory: down 23.7% YoY to just 3.5 months of supply — tight, and it’s not loosening up
💰 Single-family median price: $380,000, flat year-over-year — tighter supply hasn’t pushed prices up (yet)
⏱️ Single-family time to contract: 38 days, down from 47 last year — well-priced homes are moving fast
🏢 Condo/townhome inventory: 6.2 months — still a buyer’s market here, though down from 8.4 months last year
📈 Condo sales: up 13.5% YoY, with cash buyers behind 58% of closings
🏦 30-year mortgage rate: hovering around 6.67% (Freddie Mac, mid-August)
Looking ahead: September tends to be the quietest month of the year, so don’t read too much into a slower few weeks. Snowbird season kicks in this fall and usually brings a fresh wave of both buyers and sellers to Brevard County. If mortgage rates ease even a little more before year-end, expect competition for single-family homes to heat back up — inventory is already thin. Condo buyers should keep leveraging their negotiating room now, since that gap likely won’t stay open forever.
Bottom line for the rest of 2026: single-family sellers, your leverage is building — price it right and it’ll move. Condo buyers, this is still your window. Single-family buyers, get pre-approved now so you’re ready to move fast when the right home hits.
Curious what this means for your specific goals before year-end? Let’s talk 📲