Brevard County Real Estate Market June 2025: Key Stats, Prices, and What’s Next
Brevard County Real Estate Market Snapshot – June 2025
The Brevard County real estate market in June 2025 remained active, showing steady growth in home sales and prices while slowly shifting toward better balance for buyers. Here’s a detailed look at the latest MLS statistics and what they mean for you.
📊 Single‑Family Homes – June 2025
Closed Sales: Up 5.7% with 958 homes sold (vs 906 in June 2024)
Cash Sales: Increased 14.4%, showing strong investor and cash‑ready buyer activity
Pending Sales: Up 4.2%, signaling continued buyer demand
New Listings: Down slightly (–0.1%), keeping inventory tight
Median Sales Price: Up 4.0% to $389,950 (vs $375,000 last year)
Months’ Supply of Inventory: Up 12.2% to 4.6 months (more options for buyers)
Traditional Sales: Up 6.1% with a median price of $390,000
Foreclosure/REO Sales: Down 50%, just 5 sales at a median $285,000
Short Sales: Only 2 closings with a median price of $272,000
What It Means for Buyers and Sellers
The single‑family market remains strong. Rising cash sales and higher prices reflect strong demand, yet growing inventory gives buyers more opportunities to find the right home. Sellers can still hold an advantage but ONLY IF they price competitively as market balance improves.
🏙️ Townhouse & Condo Market – June 2025
Closed Sales: Down 14.5%, 213 units sold vs 249 last year
Cash Sales: Dropped 24.7% year‑over‑year
Pending Sales: Down 27%, showing slower buyer activity
New Listings: Fell 12.3%, yet properties are sitting on the market longer
Median Sales Price: Down 13.6% to $285,000 (vs $330,000 in 2024)
Months’ Supply of Inventory: Up 44.3% to 8.8 months
Foreclosures & Short Sales: No closings reported
What It Means for Buyers and Sellers
The condo/townhome segment cooled noticeably in June 2025. Prices fell, inventory expanded, and buyer competition decreased—making it a more buyer‑friendly market. Sellers should focus on competitive pricing and strategic marketing to stand out.
📈 Overall Market Takeaways
Home sales and median prices for single‑family homes continue to rise with strong cash buyer activity.
Inventory is growing slowly, giving buyers more negotiating power than last year.
Condo and townhouse sales slowed, and inventory is high, creating opportunities for buyers looking for better pricing and less competition.
Foreclosure and short sale activity remains very low, highlighting the overall financial health of local homeowners.
🔑 Why It Matters
For buyers, the market now offers more options and slightly less urgency, especially in the condo/townhome sector. For sellers, single‑family homes are still moving quickly at strong prices, but correct pricing is key as more inventory becomes available.
If you’re considering buying or selling in Brevard County, now is the time to stay informed and act strategically.
See previous Space Coast Market Trends and Reports