Brevard County Housing Market Update – August 2025

The August 2025 Brevard County housing statistics reveal a market that continues to shift toward balance. While closed sales dipped slightly in the single-family home sector, cash buyers remain active, inventory is increasing, and condo sales saw modest growth. Whether you’re a buyer or seller, understanding these trends can help you make smart decisions in today’s market.

Brevard County Single-Family Homes – August 2025

The Brevard County Residential Report for single-family homes shows both challenges and opportunities this month:

• Closed Sales: Down 2.4% (890 units vs. 912 in August 2024)

• Cash Sales: Up 15.5%, showing strong investor and cash-buyer activity

• New Pending Sales: Up 2.6%

• New Listings: Down 5.8%, signaling tighter inventory coming to market

• Median Sales Price: Down 4.0% to $369,715 (from $385,000 in 2024)

• Months’ Supply of Inventory: Up 12.5% to 4.5 months (from 4.0 months in 2024)

Other Notable Figures:

• Traditional Sales: Down 3.2% with a median price of $370,000

• Foreclosure/REO Sales: Up 25%, with 5 closed sales and a median price of $335,000

• Short Sales: 6 closings, median price $280,205

What This Means for Buyers and Sellers:
The Brevard single-family market is seeing a slight slowdown in sales, but pending contracts are up—indicating buyers are still active. With median prices dipping and inventory climbing, buyers now have more options and negotiating power. Sellers should prepare for longer days on market and focus on strategic pricing to stay competitive.

Brevard County Townhouses & Condos – August 2025 

The townhouse and condo market showed different dynamics compared to single-family homes:

• Closed Sales: Up 3.2% (193 units vs. 187 in August 2024)

• Cash Sales: Up 14.4%

• New Pending Sales: Down 10.7%

• New Listings: Down 11.2%

• Median Sales Price: Down 5.4% to $265,000 (from $280,000 in 2024)

• Months’ Supply of Inventory: Up 25% to 8.0 months (from 6.4 months in 2024)

Other Notable Figures:

• Traditional Sales: Up 2.7%, median price $267,500

• Foreclosure/REO Sales: 1 closing, median price $86,000

• Short Sales: 0 closings

What This Means:
Condo and townhouse sales in Brevard ticked up slightly, supported by a rise in cash transactions. However, fewer new listings and pending sales point to slower activity ahead. Prices dipped to $265,000, giving buyers more room to negotiate, while inventory jumped to 8 months—creating a buyer-friendly environment. Sellers in this segment may need to adjust expectations, highlight property condition, and stay competitive on pricing.

Final Thoughts: A Market in Transition

The Brevard County real estate market in August 2025 is showing clear signs of balance. Buyers have more leverage than in previous years, with increased inventory, softer prices, and negotiating opportunities. Sellers can still succeed but will need to price strategically and be patient as homes may take longer to sell.

Whether you’re buying your first home, investing in a condo, or planning to list your property, staying on top of these monthly housing statistics helps you understand where the market is heading.