Published October 11, 2026 in Market Update

More homes are moving in the Primary market even with rates above 7%

By Dennis Lue Yat

Real estate, Primary market

Freddie Mac put the average 30-year fixed rate at 7.40% as of October 8, 2026. That is a real number. It shapes every buyer's monthly payment. And yet the Real Estate Data Aggregator counted more homes sold in most parts of the Primary market during the three months ending August 31, 2026, than in the same three months of 2025. Higher rates have not stopped demand everywhere. That means your timing and your price still matter more than the rate headline.

The biggest sales jump: ZIP 33401

The Real Estate Data Aggregator counted 153 homes sold in ZIP 33401 in the three months ending August 31, 2026. That is up 61.1% from the same period a year before. Homes for sale there fell 15.1% at the same time. Fewer choices, more buyers closing. The median sale price came in at $575,000, up 8.5% year over year. Homes spent a median of 106 days on the market, though that is 15 days shorter than a year ago.

ZIP 33412 was not far behind

The Real Estate Data Aggregator counted 125 homes sold in ZIP 33412 in the three months ending August 31, 2026, up 40.4% from a year before. The median sale price there rose 11.8% to $967,500. Homes came off the market 17 days faster than a year ago, with a median of 92 days. Months of supply dropped 3.8 months to 5.1. That is a meaningful shift in balance.

How the ZIP codes compare on sales growth

The national picture adds context

The National Association of Realtors reported existing-home sales fell 2.0% month over month in August 2026. Year-to-date through the first eight months of 2026, sales were up just 1.6% nationally. The Primary market's gains in most ZIP codes outpaced that national trend by a wide margin. Realtor.com reported active listings nationally were up 6.7% from a year ago as of October 8, 2026. Locally, the Real Estate Data Aggregator counted 4,440 homes for sale across the Primary market in the same period, with 3,434 new listings and 2,938 pending sales.

Prices moved in different directions

Not every ZIP code saw prices rise. The Real Estate Data Aggregator shows the median sale price in ZIP 33463 fell 4.9% to $385,000. ZIP 33403 dropped 5.5% to $345,000. ZIP 33414 dipped 1.8% to $626,000. On the other side, ZIP 33477 rose 30.2% to $820,000, ZIP 33407 gained 18.5% to $385,000, and ZIP 33418 climbed 16.8% to $835,000. The market is not moving as one. Where you are priced matters as much as the fact that you are listed.

Homes are moving faster in most ZIP codes

Days on market fell in most of the Primary market. The Real Estate Data Aggregator shows ZIP 33418 improved the most, with the median dropping 27 days to 74. ZIP 33412 fell 17 days to 92. ZIP 33467 and ZIP 33477 each fell 16 days, to 71 and 95 respectively. ZIP 33403 also fell 16 days to just 62 days, the shortest median in the market. ZIP 33408 was the slowest at 116 days, though even that was 7 days shorter than a year ago. Two ZIP codes moved in the other direction: ZIP 33410 added 3 days to 81, and ZIP 33436 added 3 days to 80.

Quick contracts: who went under in two weeks

The Real Estate Data Aggregator shows that in ZIP 33467, 24.7% of homes went under contract within two weeks of listing, up 9.2 points from a year before. ZIP 33414 was close behind at 24.6%, up 10.4 points. ZIP 33470 reached 24.3%, up 6.5 points. These are not isolated pockets. Across most of the Primary market, the share of fast contracts rose from a year ago.

Supply is tightening across the board

The National Association of Realtors put national months of supply at 4.9 months, calling it the highest level in over ten years. Locally, the Real Estate Data Aggregator tells a tighter story in most ZIP codes. ZIP 33410 had just 3.3 months of supply, down 1.7 months from a year ago. ZIP 33418 sat at 3.5 months, down 2 months. ZIP 33436 was at 3.6 months, down 2.9 months. ZIP 33412 fell 3.8 months to 5.1. ZIP 33401 dropped 5.8 months to 6.4. ZIP 33408 was the one exception, holding flat at 7.4 months.

One ZIP code that did not follow the trend

ZIP 33463 sold fewer homes, down 6.2% to 166, and the median price fell 4.9% to $385,000. ZIP 33408 also saw sales slip 5.2% to 109, even as the median price rose 16% to $615,000. ZIP 33426 sold 107 homes, down 7% from a year ago, though the median price rose 6.3% to $329,500. These are honest results. Not every part of the market moved the same way.

What the rate environment means right now

Freddie Mac reported the 15-year fixed rate at 6.73% as of October 8, 2026. CNBC reported rates hit above 7.5% earlier in October. That range is real pressure on buyers. Nationally, about 21% of home sellers dropped their asking price in the four weeks ending September 30, 2026, according to a Redfin senior economist's comments. In the Primary market, the Real Estate Data Aggregator shows sale-to-list ratios mostly held firm, ranging from 93.6% in ZIP 33408 to 97.2% in ZIP 33470. Prices are not collapsing. But sellers who price past the market are feeling it.

One more thing worth saying. The ZIP code numbers above tell a story for a wide area. A single street can read very differently from the whole ZIP code. If you want to know what is actually happening on your block, that is a different conversation, and a more useful one.