For Immediate Release: Palm Shores, FL -- February 2026 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.
A quick recap of the Brevard County Residential Report for February 2026:
Closed Sales are down -4.3% for February 2026 in which the number of units closed was 713 compared to 745 in February 2025, with a decrease in cash sales of -12.9%.
New Pending Sales are up 4.6% and New Listings are down -9.4%.
The Median Sales Price for Brevard Single Family homes is down -2.3% to $370,000 compared to a year ago, which was $378,854.
Months' Supply of Inventory is down -9.3% to 3.9 months, a decrease from 4.3 months in February 2025.
Traditional Sales are down -4.6% with a median sales price of $374,995.
Foreclosure/REO Sales are up 12.5% with 9 closed sales and a median sales price of $220,000.
Short Sale Closings are up 100% with 2 closed sales and a median sales price of $203,156.
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What this means:
The Brevard County residential housing market in February 2026 saw a slight slowdown in closed sales compared to the same time last year, along with a decrease in cash purchases. However, buyer activity remains present, as new pending sales increased even while fewer new listings came onto the market. Median home prices dipped slightly from a year ago, reflecting modest price adjustments. Inventory also tightened, with fewer months of supply available, which may continue to support market stability. Traditional home sales experienced a small decline, while foreclosure and short sale activity rose slightly, though these continue to represent a small portion of overall sales. Overall, the market reflects steady demand with some shifts in pricing and inventory.
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A quick recap of the Brevard County Townhouses/Condos for February 2026:
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Closed Sales are up 18.8% for February 2026 in which the number of units closed was 202 compared to 170 in February 2025, with an increase in cash sales of 44.9%.
New Pending Sales are up 32.4% and New Listings are down -15.4%.
The Median Sales Price for Brevard Townhouses/Condos is down -11.7% to $267,000 compared to a year ago, which was $302,500.
Months' Supply of Inventory is down -7.2% to 7.7 months, a decrease from 8.3 months in February 2025.
Traditional Sales are up 19.0% with a median sales price of $269,500.
Foreclosure/REO Sales are down -50.0% with 1 closed sale and a median sales price of $108,000.
Short Sale Closings are N/A with 1 closed sale and a median sales price of $212,500.
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What this means:
The Brevard County townhouse and condo market showed strong activity in February, with more properties closing and a notable increase in cash purchases. Buyer demand was also reflected in the rise in homes going under contract, even as fewer new listings entered the market. While sales activity was up, the median sales price declined compared to the same time last year, suggesting some softening in pricing within the condo and townhouse segment. Inventory tightened slightly, indicating that available supply decreased modestly. Traditional sales made up the majority of transactions and continued to see solid movement, while foreclosure and short sale activity remained minimal. Overall, the market reflects active buyer interest with slightly lower prices and a modestly tightening supply.