August 2025 Brevard County Market Update Get the full scoop here: https://www.brevardelite.com/blog/269/August+2025+Brevard+County+Market+Snapshot A quick recap of the Brevard County Residential Report for August 2025: Closed Sales are down -2.4% for August 2025 in which the number of units closed was 890 compared to 912 in August 2024, with an increase in cash sales of 15.5%. New Pending Sales are up 2.6% and New Listings are down -5.8%. The Median Sales Price for Brevard County Single Family homes is -4.0% to $369,715 compared to a year ago, which was $385,000. Months' Supply of Inventory is up 12.5% to 4.5 months, an increase from 4.0 months in August 2024. Traditional Sales are down -3.2% with a median sales price of $370,000. Foreclosure/REO Sales are up 25.0% with 5 closed sales and a median sales price of $335,000. Short Sale Closings are N/A with 6 closed sales and a median sales price of $280,205. A quick recap of the Brevard County Townhouses/Condos for August 2025: Closed Sales are up 3.2% for August 2025 in which the number of units closed was 193 compared to 187 in August 2024, with an increase in cash sales of 14.4%. New Pending Sales are down -10.7% and New Listings are down -11.2%. The Median Sales Price for Brevard County Townhouses/Condos is down -5.4% to $265,000 compared to a year ago, which was $280,000. Months' Supply of Inventory is up 25.0% to 8.0 months, an increase from 6.4 months in August 2024. Traditional Sales are up 2.7% with a median sales price of $267,500. Foreclosure/REO Sales are N/A with 1 closed sale and a median sales price of $86,000. Short Sale Closings are N/A with 0 closed sales and a median sales price of (no sales) Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl

July 2025 Brevard County Market Update A quick recap of the Brevard County Residential Report for July 2025: Closed Sales are down -8.9% for July 2025 in which the number of units closed was 906 compared to 994 in July 2024, with a decrease in cash sales of -19.4%. New Pending Sales are down -2.1% and New Listings are up 4.5%. The Median Sales Price for Brevard County Single Family homes is 0.0% to $380,000 compared to a year ago, which was $380,000. Months' Supply of Inventory is up 15% to 4.6 months, an increase from 4.0 months in July 2024. Traditional Sales are down -8.4% with a median sales price of $380,000. Foreclosure/REO Sales are down -66.7% with 3 closed sales and a median sales price of $251,250. Short Sale Closings are N/A with 1 closed sale and a median sales price of $230,000. What this means: Brevard’s single-family housing market cooled slightly in July. Home sales dropped compared to last year, with fewer cash buyers in the mix, but prices stayed steady at a median of $380,000. More homes are being listed for sale, giving buyers additional choices, and inventory has grown to 4.6 months of supply, up from 4.0 months last year. Most activity came from traditional sales, with very few foreclosures or short sales. A quick recap of the Brevard County Townhouses/Condos for July 2025: Closed Sales are down -15.6% for July 2025 in which the number of units closed was 200 compared to 237 in July 2024, with a decrease in cash sales of -14.4%. New Pending Sales are down -1.0% and New Listings are up 1.5%. The Median Sales Price for Brevard County Townhouses/Condos is down -1.3% to $285,000 compared to a year ago, which was $288,750. Months' Supply of Inventory is up 35.5% to 8.4 months, an increase from 6.2 months in July 2024. Traditional Sales are down -15.7% 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 1 closed sale and a median sales price of $120,000. What It All Means: The Brevard townhouse and condo market cooled in July. Fewer homes sold compared to last year, and prices dipped slightly to a median of $285,000. More listings are hitting the market, giving buyers more options, and inventory has grown to 8.4 months—up from just over 6 months last year. Traditional sales made up nearly all activity, while foreclosure sales disappeared completely, and just one short sale closed. Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl

Qtr 2 Brevard County Market Snapshot A quick recap of the Brevard County Residential Report for Q2 2025: Closed Sales are down 1.1% for Q2 2025 in which the number of units closed was 2,978 compared to 3,010 in Q2 2024, with an increase in cash sales of 2.9%. New Pending Sales are up 0.5% and New Listings are down -2.7%. The Median Sales Price for Brevard County Single Family homes is up 0.2% to $379,900 compared to a year ago, which was $379,000. Months' Supply of Inventory is up 12.2% to 4.6 months, an increase from 4.1 months in Q2 2024. Traditional Sales are down -0.9% with a median sales price of $380,000. Foreclosure/REO Sales are down -36.7% with 19 closed sales and a median sales price of $224,000. Short Sale Closings are up 500% with 6 closed sales and a median sales price of $300,000. A quick recap of the Brevard County Townhouses/Condos for Q2 2025: Closed Sales are down -17.6% for Q2 2025 in which the number of units closed was 599 compared to 727 in Q2 2024, with a decrease in cash sales of -22.1%. New Pending Sales are down -18.2% and New Listings are down -9.3%. The Median Sales Price for Brevard County Townhouses/Condos is down -8.3% to $275,000 compared to a year ago, which was $300,000. Months' Supply of Inventory is up 34.4% to 8.6 months, an increase from 6.4 months in Q2 2024. Traditional Sales are down -17.7% with a median sales price of $280,000. Foreclosure/REO Sales are 0.0% with 4 closed sales and a median sales price of $139,075. Short Sale Closings are N/A with 0 closed sales and a median sales price of (no sales.) Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl

June 2025 Brevard County Market Snapshot 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. 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.) Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl

A quick recap of the Brevard County Residential Report for May 2025: Closed Sales are down -1.4% for May 2025 in which the number of units closed was 1,056 compared to 1,071 in May 2024, with an increase in cash sales of 11.1%. New Pending Sales are up 5.1% and New Listings are down -7.2%. The Median Sales Price for Brevard County Single Family homes is 0.0% to $375,000 compared to a year ago, which was $375,000. Months' Supply of Inventory is up 21.1% to 4.6 months, an increase from 3.8 months in May 2024. Traditional Sales are down -1.2% with a median sales price of $375,995. Foreclosure/REO Sales are down -36.4% with 7 closed sales and a median sales price of $196,000. Short Sale Closings up 200.0% with 3 closed sales and a median sales price of $325,000. What It All Means: Brevard’s residential housing market is stable with signs of slower growth. While prices are holding firm, rising inventory and fewer listings could give buyers more options — and sellers may need to be more competitive. A quick recap of the Brevard County Townhouses/Condos for May 2025: Closed Sales are down -26.2% for May 2025 in which the number of units closed was 208 compared to 282 in May 2024, with a decrease in cash sales of -24.7%. New Pending Sales are down -11.6% and New Listings are down -10.1%. The Median Sales Price for Brevard County Townhouses/Condos is down -5.7% to $273,500 compared to a year ago, which was $290,000. Months' Supply of Inventory is up 37.5% to 8.8 months, an increase from 6.4 months in May 2024. Traditional Sales are down -26.8% with a median sales price of $275,000. Foreclosure/REO Sales are up 50.0% with 3 closed sales and a median sales price of $148,000. Short Sale Closings are N/A with 0 closed sales and a median sales price of N/A. What It All Means: The Space Coast condo and townhouse market slowed significantly in May. There are fewer sales, lower prices, and more inventory sitting on the market — signs of a cooling or shifting market that may favor buyers. Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl