For Immediate Release: Palm Shores, FL -- June and Q2 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.
Stay informed with our monthly, quarterly, and yearly sales reports for Single Family Homes and Townhouses/Condos, available on our website. We also provide Yearly Distressed Market Summaries for both property types.
MLS Statistics - June 2025
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.
MLS Statistics - Q2 2025
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.
What this means:
The Brevard County housing market remained stable in the second quarter of 2025. Home sales were nearly unchanged from last year, and prices held steady, showing that buyer demand is still strong. Slightly fewer homes were listed, but more are staying on the market longer—giving buyers more choices and negotiating room. Cash buyers continue to play a strong role in the market, while foreclosures remain low. A small rise in short sales suggests a few homeowners may be facing financial challenges, but overall, the market remains healthy and balanced.
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.)
What It All Means:
The Brevard County condo and townhouse market slowed noticeably in the second quarter of 2025. Fewer units sold compared to last year, and prices dropped slightly, giving buyers more negotiating power. There’s also less competition—fewer homes are being listed, and more properties are staying on the market longer. Cash sales and pending contracts are also down, signaling softer demand. While foreclosure activity is minimal and no short sales closed, the overall trend points to a cooling market with more options for buyers and opportunities to find deals.