For Immediate Release: Palm Shores, FL -- March and Q1 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.
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A quick recap of the Brevard County Residential Report for March 2026:
Closed Sales are up 7.2% for March 2026 in which the number of units closed was 935 compared to 872 in March 2025, with a decrease in cash sales of -0.4%.
New Pending Sales are down -3.3% and New Listings are down -12.7%.
The Median Sales Price for Brevard Single Family homes is up 2.0% to $369,999 compared to a year ago, which was $362,915.
Months' Supply of Inventory is down -17.8% to 3.7 months, a decrease from 4.5 months in March 2025.
Traditional Sales are up 6.3% with a median sales price of $370,000.
Foreclosure/REO Sales are up 150.0% with 15 closed sales and a median sales price of $212,000.
Short Sale Closings are 0.0% with 2 closed sales and a median sales price of $231,500.
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What this means:
The Brevard County residential market in March 2026 showed strong sales activity, with more homes closing compared to the same time last year, even as cash purchases remained essentially unchanged. Buyer activity slowed slightly, with fewer homes going under contract and a noticeable dip in new listings, leading to tighter inventory overall. As a result, home prices experienced a modest increase, reflecting continued demand in the market. With fewer homes available, the supply of inventory declined, creating a more competitive environment for buyers. Traditional sales continued to make up the majority of transactions and saw steady growth, while foreclosure activity increased but remained a small portion of the market. Short sales were minimal. Overall, the market reflects solid demand, limited inventory, and steady price growth.
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A quick recap of the Brevard County Townhouses/Condos for March 2026:
Closed Sales are up 11.5% for March 2026 in which the number of units closed was 213 compared to 191 in March 2025, with an increase in cash sales of 7.4%.
New Pending Sales are down -2.3% and New Listings are down -22.1%.
The Median Sales Price for Brevard Townhouses/Condos is down -11.0% to $275,000 compared to a year ago, which was $309,000.
Months' Supply of Inventory is down -14.0% to 7.4 months, a decrease from 8.6 months in March 2025.
Traditional Sales are up 11.1% with a median sales price of $285,000.
Foreclosure/REO Sales are up 200.0% with 3 closed sales and a median sales price of $179,028.
Short Sale Closings are down -100.0% with 0 closed sales and a median sales price of (no sales).
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What this means:
The Brevard County townhouse and condo market in March 2026 showed increased sales activity, with more units closing compared to the same time last year and a rise in cash purchases. At the same time, both new pending sales and new listings declined, pointing to a slowdown in new inventory and contract activity. Median prices dropped noticeably, suggesting a softening in values within this segment. Inventory levels also decreased, meaning there are fewer months of supply available than a year ago. Traditional sales remained strong with increased activity, while foreclosure sales saw a small uptick but still represent a limited portion of the market. No short sales were recorded during this period. Overall, the market reflects strong closing activity alongside tightening inventory and some downward pressure on prices.
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MLS Statistics - Q1 2026
You will find monthly, quarterly, and yearly reports of Brevard County Sales, detailed by Single Family Homes and Townhouses/Condos, on our website. In addition, there are Yearly Distressed Market Summaries for both types of properties.
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A quick recap of the Brevard County Residential Report for Q1 2026:
Closed Sales are up 0.4% for Q1 2026 in which the number of units closed was 2,210 compared to 2,201 in Q1 2025, with a decrease in cash sales of -8.1%.
New Pending Sales are down -0.1% and New Listings are down -10.4%.
The Median Sales Price for Brevard Single Family homes is down -1.1% to $370,000 compared to a year ago, which was $374,290.
Months' Supply of Inventory is down -17.8% to 3.7 months, a decrease from 4.5 months in Q1 2025.
Traditional Sales are down -0.2% with a median sales price of $374,375.
Foreclosure/REO Sales are up 66.7% with 30 closed sales and a median sales price of $216,000.
Short Sale Closings are up 66.7% with 5 closed sales and a median sales price of $213,000.
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What this means:
The Brevard County residential market for the Q1 of 2026 remained steady, with overall home sales holding nearly even compared to last year. Cash sales declined, suggesting more buyers are relying on financing. New pending sales stayed essentially flat, while new listings saw a noticeable drop, pointing to fewer homes entering the market. Home prices softened slightly, reflecting modest downward pressure. Inventory also tightened, giving buyers fewer options and keeping conditions competitive. Traditional sales remained stable, while foreclosure and short sale activity increased, though they still represent a small portion of the overall market. Overall, the market reflects steady demand, limited supply, and slight adjustments in pricing.
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A quick recap of the Brevard County Townhouses/Condos for Q1 2026:
Closed Sales are up 7.1% for Q1 2026 in which the number of units closed was 542 compared to 506 in Q1 2025, with an increase in cash sales of 14.1%.
New Pending Sales are up 14.3% and New Listings are down -9.9%.
The Median Sales Price for Brevard Townhouses/Condos is down -8.5% to $270,000 compared to a year ago, which was $295,000.
Months' Supply of Inventory is down -14.0% to 7.4 months, an increase from 8.6 months in Q1 2025.
Traditional Sales are up 6.6% with a median sales price of $275,000.
Foreclosure/REO Sales are up 60.0% with 8 closed sales and a median sales price of $147,950.
Short Sale Closings are 0.0% with 1 closed sale and a median sales price of $229,750.
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What this means:
The Brevard County townhouse and condo market in Q1 2026 showed strong activity, with more homes closing and a noticeable increase in cash purchases. Buyer demand continued to build, as pending sales rose, while fewer new listings came onto the market, tightening overall supply. At the same time, median sales prices declined, reflecting some softening in values. Inventory levels decreased, giving buyers fewer options compared to the previous year. Traditional sales remained the primary driver of the market with steady pricing, while foreclosure activity increased but still represented a small share of overall sales. Short sales remained minimal. Overall, the market reflects growing demand, limited new supply, and slightly lower pricing, creating a competitive environment with opportunities for buyers.
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About the Space Coast Association of REALTORS®
Since 1959, the Space Coast Association of REALTORS® has been a professional trade association that provides services to our local REALTOR® community. Our membership base is comprised of more than 5,000 REALTORS® and Business Partner members that service Brevard County and adhere to a strict Code of Ethics when working with one another and the general public. The Space Coast Association of REALTORS® takes an active part in community programs and pursues projects our members support to further real estate interests. The protection of private property rights is always our top priority.
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Association Vision: Space Coast Association of REALTORS® is the trusted voice of real estate in our community.
Association Mission: Space Coast Association of REALTORS® exists to support our members’ success as real estate professionals while advocating for private property rights and the ethical practice of real estate.
Values: Membership // Professionalism // Leadership // Advocacy // Outreach