Palmetto Bay Has Almost No Inventory. So Why Are Homes Still Sitting?
September 2, 2026
A closer look at the numbers shows a market with very little available inventory, but buyers are still making clear distinctions about what they will buy and what they will pass over. Here's the short answer to the question in the headline: I believe too many of these listings are being priced against the wrong comparable. Homes that sold in the last 90 days averaged 73 days on market. The 80 homes still sitting have already averaged 104, and one of the patterns I keep [...]