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

A quick recap of the Brevard County Residential Report for April 2025: Closed Sales are down -6.7% for April 2025 in which the number of units closed was 964 compared to 1,033 in April 2024, with a decrease in cash sales of -13.5%. New Pending Sales are down -6.7% and New Listings are down -0.7%. The Median Sales Price for Brevard County Single Family homes is down -2.3% to $375,000 compared to a year ago, which was $384,000. Months' Supply of Inventory is up 27.8% to 4.6 months, an increase from 3.6 months in April 2024. Traditional Sales are down -6.6% with a median sales price of $376,600. Foreclosure/REO Sales are down -22.2% with 7 closed sales and a median sales price of $263,006. Short Sale Closings are N/A with 1 closed sale and a median sales price of $650,000. What It All Means: Brevard’s residential housing market is cooling off after years of rapid growth. While it’s not a crash, it’s a shift toward a more balanced environment, with more inventory, slower sales, and slight pricing corrections. This could be a better time for buyers looking for more negotiating power—and a wake-up call for sellers to price realistically and be patient. A quick recap of the Brevard County Townhouses/Condos for April 2025: Closed Sales are down -14.5% for April 2025 in which the number of units closed was 213 compared to 249 in April 2024, with a decrease in cash sales of -24.7%. New Pending Sales are down -27% 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 April 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 N/A. Short Sale Closings are N/A with 0 closed sales and a median sales price of N/A. What It All Means: Brevard’s condo and townhouse market in April 2025 is cooling, with declining sales, lower prices, and rising inventory. Buyers have more options and negotiating power, while sellers may need to adjust expectations and pricing strategies. Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl

March and First Quarter 2025 Brevard County housing statistics report for Single-Family homes and Townhouses/Condos provided by Space Coast Association of REALTORS®, the voice for real estate in Brevard County. A quick recap of the Brevard County Residential Report for March 2025: Closed Sales are down -6.3% for March 2025 in which the number of units closed was 872 compared to 931 in March 2024, with a decrease in cash sales of -13.5%. New Pending Sales are down -1.4% and New Listings are up 1.7%. The Median Sales Price for Brevard County Single Family homes is down -4.4% to $362,915 compared to a year ago, which was $379,445. Months' Supply of Inventory is up 25.0% to 4.5 months, an increase from 3.6 months in March 2024. Traditional Sales are down -6.3% with a median sales price of $365,000. Foreclosure/REO Sales are down -14.3% with 6 closed sales and a median sales price of $186,450. Short Sale Closings are 0% with 2 closed sales and a median sales price of $295,000. What It All Means: Sales are slowing, but the decline is gradual, not abrupt. Prices are starting to come down, especially in single-family homes (unlike condos, which are still up slightly). Inventory is rising, giving buyers more options and reducing bidding wars. Sellers may need to price more competitively or be flexible on terms. The market is showing signs of cooling — fewer sales, slightly lower prices, and growing inventory. This shift may present opportunities for buyers while sellers may need to be more strategic and realistic with pricing. A quick recap of the Brevard County Townhouses/Condos for March 2025: Closed Sales are down -19.4% for March 2025 in which the number of units closed was 191 compared to 237 in March 2024, with a decrease in cash sales of -12.2%. New Pending Sales are down -10.6% and New Listings are up 2.3%. The Median Sales Price for Brevard County Townhouses/Condos is up 3.0% to $309,000 compared to a year ago, which was $300,000. Months' Supply of Inventory is up 45.8% to 8.6 months, an increase from 5.9 months in March 2024. Traditional Sales are down -19.9% with a median sales price of $309,000. Foreclosure/REO Sales are 0% with 1 closed sale and a median sales price of $145,000. Short Sale Closings are N/A with 1 closed sale and a median sales price of $335,000. What It All Means: Supply is up, demand is down, but prices are holding (for now). Buyers have more negotiating power due to more inventory and slower sales. If this trend continues, we might see price softening in the coming months. Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl