Market Trends
Pending Sales Rose in December Signaling Strong Post Election Buyer Demand.
Melbourne’s median days on market reached 42, up 16% from last year, with 44% of listings seeing price reductions as sellers adjusted to market conditions. Active inventory remains 10% higher YOY and 87% above 2023 levels. As affordability challenges from rising taxes, insurance, and interest rates persist, buyers can seize price reductions, while sellers should position competitively to attract offers in an increasingly dynamic market.
Explore our digital brochure for a deeper dive into Space Coast real estate trends, key insights, and strategic guidance for buyers and sellers: