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A quick recap of the Brevard County Residential Report for June 2025:
- Closed Sales are up 5.7% for June 2025 in which the number of units closed was 958 compared to 906 in June 2024, with an increase in cash sales of 14.4%.
- New Pending Sales are up 4.2% and New Listings are down -0.1%.
- The Median Sales Price for Brevard County Single Family homes is up 4.0% to $389,950 compared to a year ago, which was $375,000.
- Months' Supply of Inventory is up 12.2% to 4.6 months, an increase from 4.1 months in June 2024.
- Traditional Sales are up 6.1% with a median sales price of $390,000.
- Foreclosure/REO Sales are down -50.0% with 5 closed sales and a median sales price of $285,000.
- Short Sale Closings are N/A with 2 closed sales and a median sales price of $272,000.
What this means:
The June 2025 housing stats show that Brevard County’s residential market remains strong and active. Home sales and prices are up, with more buyers—especially cash buyers—entering the market. While new listings have held steady, inventory is gradually increasing, giving buyers more options. The rise in pending sales signals continued demand, and the low number of foreclosures and short sales points to overall financial stability among homeowners. Overall, the market is healthy, with signs of steady growth and a shift toward better balance between buyers and sellers.
A quick recap of the Brevard County Townhouses/Condos for June 2025:
- Closed Sales are down -14.5% for June 2025 in which the number of units closed was 213 compared to 249 in June 2024, with a decrease in cash sales of -24.7%.
- New Pending Sales are down -27.0% and New Listings are down -12.3%.
- The Median Sales Price for Brevard County Townhouses/Condos is down -13.6% to $285,000 compared to a year ago, which was $330,000.
- Months' Supply of Inventory is up 44.3% to 8.8 months, an increase from 6.1 months in June 2024.
- Traditional Sales are down -14.1% with a median sales price of $285,000.
- Foreclosure/REO Sales are down -100% with 0 closed sales and a median sales price of (no sales.)
- Short Sale Closings are N/A with 0 closed sales and a median sales price of (no sales.)
What It All Means:
The Brevard County condo and townhouse market cooled off in June. Fewer homes sold, prices dipped, and buyer activity slowed down. There are also fewer new listings coming in, but more properties are staying on the market longer. Overall, it’s a slower, more buyer-friendly market with more options and less competition.