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A quick recap of the Brevard County Residential Report for November 2025:
- Closed Sales are up 18.9% for November 2025 in which the number of units closed was 749 compared to 630 in November 2024, with an increase in cash sales of 2.4%.
- New Pending Sales are down -1.6% and New Listings are down -13.1%.
- The Median Sales Price for Brevard County Single Family homes is down -3.6% to $366,500 compared to a year ago, which was $380,000.
- Months' Supply of Inventory is down -4.8% to 4.0 months, a decrease from 4.2 months in November 2024.
- Traditional Sales are up 17.5% with a median sales price of $367,218.
- Foreclosure/REO Sales are up 300% with 8 closed sales and a median sales price of $157,450.
- Short Sale Closings are N/A with 3 closed sales and a median sales price of $303,500.
What this means:
The Brevard County residential market showed strong momentum in November, with a noticeable increase in closed home sales compared to the same time last year, including a slight rise in cash purchases. While fewer new homes entered the market and pending sales dipped slightly, buyer activity remained solid. Home prices softened modestly, reflecting a small adjustment rather than a major shift. Inventory tightened compared to last year, helping support market stability. Traditional sales made up the majority of activity and saw healthy growth, foreclosure sales increased but remained a small portion of the overall market, and short sales were limited. Overall, the market reflects steady demand, reduced inventory, and balanced conditions for both buyers and sellers.
A quick recap of the Brevard County Townhouses/Condos for November 2025:
- Closed Sales are up 3.6% for November 2025 in which the number of units closed was 142 compared to 137 in November 2024, with an increase in cash sales of 7.1%.
- New Pending Sales are up 31.9% and New Listings are down -14.0%.
- The Median Sales Price for Brevard County Townhouses/Condos is down -18.3% to $257,450 compared to a year ago, which was $315,000.
- Months' Supply of Inventory is up 7.0% to 7.6 months, an increase from 7.1 months in November 2024.
- Traditional Sales are up 2.2% with a median sales price of $262,450.
- Foreclosure/REO Sales are N/A with 2 closed sales and a median sales price of $151,350.
- 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 townhouse and condo market in November showed positive momentum, with an increase in overall sales activity and a noticeable rise in cash buyers. Buyer interest strengthened significantly, as reflected by a surge in new pending sales, while fewer new listings entered the market, tightening available supply. Despite the increased activity, median prices declined compared to last year, pointing to more affordability and potential opportunities for buyers. Inventory levels rose slightly, suggesting homes may be taking a bit longer to sell. Traditional sales increased modestly, foreclosures remained limited, and there were no short sale closings during the month. Overall, the market reflects growing buyer engagement alongside softer pricing and balanced inventory conditions.
Have questions about the market - call/text 321-508-1911