September 2025 – MLS Statistics

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A quick recap of the Brevard County Residential Report for September 2025:

• Closed Sales are up 12.6% for September 2025 in which the number of units closed was 839 compared to 745 in September 2024, with an increase in cash sales of 20%.
• New Pending Sales are up 5.3% and New Listings are up 0.7%.
• The Median Sales Price for Brevard County Single Family homes is down -1.8% to $378,000 compared to a year ago, which was $385,000.
• Months’ Supply of Inventory is up 7.3% to 4.4 months, an increase from 4.1 months in September 2024.
• Traditional Sales are up 12% with a median sales price of $379,500.
• Foreclosure/REO Sales are up 166.7% with 8 closed sales and a median sales price of $336,500.
• Short Sale Closings are 0% with 1 closed sale and a median sales price of $245,000.

What this means:

The Brevard County residential housing market in September 2025 showed solid activity, with more homes closing compared to last year and a notable increase in cash sales. While new pending sales and new listings were only slightly higher, the market is active and moving. Median home prices dipped slightly, indicating that while homes are selling, prices are relatively stable rather than rising. Inventory has increased modestly, giving buyers slightly more options without creating an oversupply. Traditional home sales remain strong, foreclosures are up significantly though still limited in number, and short sales are minimal. Overall, the market reflects healthy buyer and seller activity with steady pricing and a balanced inventory.

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MLS Statistics – 1st Quarter 2025

A quick recap of the Brevard County Residential Report for the First Quarter of 2025:

• Closed Sales are down -3.5% for Q1 2025 in which the number of units closed was 2,201 compared to 2,282 in Q1 2024, with a decrease in cash sales of -8.1%.
• New Pending Sales are down -3.9% and New Listings are up 1.8%.
• The Median Sales Price for Brevard County Single Family homes is down -0.2% to $374,290 compared to a year ago, which was $375,000.
• Months’ Supply of Inventory is up 25.0% to 4.5 months, an increase from 3.6 months in Q1 2024.
• Traditional Sales are down -3.4% with a median sales price of $375,000.
• Foreclosure/REO Sales are down -14.3% with 18 closed sales and a median sales price of $217,500.
• Short Sale Closings are down -25.0% with 3 closed sales and a median sales price of $272,000.

What It All Means:

• The market is cooling but stable—sales and prices are edging down, but not crashing.
• Inventory is building up, giving buyers more leverage.
• Prices are holding, but that may not last if supply keeps rising and demand stays soft.
• The lack of distressed sales suggests owners still have equity and are not under severe financial stress.

The First Quarter 2025 Residential Market Report for Brevard County continues to show signs of a gradual market shift—from a hot seller’s market in prior years to a more balanced or softening one.

A quick recap of the Brevard County Townhouses/Condos for the First Quarter of 2025:

• Closed Sales are down -8.8% for Q1 2025 in which the number of units closed was 506 compared to 555 in Q1 2024, with a decrease in cash sales of -9.8%.
• New Pending Sales are down -12.3% and New Listings are up 8.1%.
• The Median Sales Price for Brevard County Townhouses/Condos is down -1.7% to $295,000 compared to a year ago, which was $299,990.
• Months’ Supply of Inventory is up 45.8% to 8.6 months, an increase from 5.9 months in Q1 2024.
• Traditional Sales are down -9.4% with a median sales price of $295,000.
• Foreclosure/REO Sales are up 66.7% with 5 closed sales and a median sales price of $225,000.
• Short Sale Closings are N/A with 1 closed sale and a median sales price of $335,000.

What It All Means:

• The condo/townhouse market is cooling more quickly than single-family homes.
• Demand is slowing, prices are dipping, and inventory is building up fast.
• Sellers need to price aggressively and prepare for longer days on market.
• Buyers have more leverage now, especially in negotiation.

The Q1 2025 Townhouse/Condo Market Report for Brevard County shows clear signs of a slower, shifting market—with buyer demand softening, supply increasing, and prices starting to edge down.

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A quick recap of the Brevard County Residential Report for Annual 2023:

• Closed Sales are down -6.2% for Annual 2023 in which the number of units closed was 10,396 compared to 11,083 in Annual 2022, with a decrease in cash sales of -8.9%.
• New Pending Sales are -5.0% and New Listings are down -4.0%.
• The Median Sales Price for Brevard Single Family homes is up 0.3% to $361,000 compared to a year ago, which was $360,000.
• Months’ Supply of Inventory is up 39.1% to 3.2 months, an increase from 2.3 months in Annual 2022.
• Traditional Sales are down -6.3% with a median sales price of $362,000.
• Foreclosure/REO Sales are up 24.4% with 51 closed sales and a median sales price of $227,800.
• Short Sale Closings are down -53.8% with 6 closed sales and a median sales price of $455,000.

A quick recap of the Brevard County Townhouses/Condos for Annual 2023:

• Closed Sales are down -9.8% for Annual 2023 in which the number of units closed was 2,587 compared to 2,867 in Annual 2022, with a decrease in cash sales of -6.3%.
• New Pending Sales are down -5.9% and New Listings are up 6.8%.
• The Median Sales Price for Brevard Townhouses/Condos is up 3.1% to $299,000 compared to a year ago, which was $289,900.
• Months’ Supply of Inventory is up 81.5% to 4.9 months, an increase from 2.7 months in Annual 2022.
• Traditional Sales are down -9.9% with a median sales price of $299,700.
• Foreclosure/REO Sales are up 28.6% with 9 closed sales and a median sales price of $145,000
• Short Sale Closings are (no change) 0.0% with 1 closed sale and a median sales price of $375,000.

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