What You Don’t Know About Today's Market Could Cost You Money

Contracts Are Up, But So Are Days on Market

Looking at homes that are under contract, one thing stands out: homes are taking longer to get to this stage.

With median of 36 days on market, this isn’t your fast-flipping frenzy from years past.

Homes are still selling—but buyers are being more selective, and the market is moving at a more measured pace.

Market Snapshot

• New Homes Listed in last 7 days: 58

• New Homes Under Contract in last 7 days: 34

• Median Days on Market: 36

• Median Price: $584,998

💡 Pro Tip:

Don’t let longer timelines scare you.

Homes that are priced well are selling—but buyers have more room to shop, compare, and negotiate.

If you’re listing, stay competitive. If you’re buying, don’t wait too long if something feels right.

👉 Why it matters:

The gap between new listings and homes going under contract tells us the market isn’t cooling off—it’s just becoming more balanced.

Buyers aren’t rushing, but they’re still showing up.

This is a healthy sign that demand is real, just more intentional.

Whether you’re buying or selling, timing and strategy matter more than ever.

Mortgage Snapshot

Interest Rate: 6.95%

For example:

If you wanted to buy a median priced, Pembroke Pines home for: $584,998

Downpayment (5%): $29,250

Est. Monthly Mortgage payment (30 yr fixed): $3,678

💡 Pro Tip:

At today’s rate, it’s all about budgeting smart.

A $3,600+ monthly P&I payment means buyers need to factor in taxes, insurance, and HOA dues carefully.

Get pre-approved early and know your comfort zone before you tour..

👉 Why it matters: 

Interest rates don’t just influence affordability—they shape buyer behavior.

Higher monthly payments can reduce competition in certain price brackets, opening up opportunities for well-prepared buyers.

If you understand the numbers, you can act confidently while others hesitate.

💬 Thinking about buying?
With the market moving quickly, all of our clients are already pre-approved and ready to make offers. If you’d like an intro to a trusted mortgage lender, just hit reply — I’m happy to connect you.