Space Coast FL - How bad is the housing market? (July 2025)

Space Coast FL - How bad is the housing market? (July 2025)

Realtor · Melbourne, FL · Member since 2021 · 111 posts · 51 votes

Here's the latest in Brevard County Real Estate (all property types and all price points) - July 2025

My take: Compared to many FL markets, Brevard County prices are still holding (no significant increases or decreases in the last 2 years). This data is for ALL properties - the condo market is definitely in a decline. I expect much of the same for the rest of 2025 but of course pending any major interest rate movements. Most surprising fact was the inventory, see first image below. 

Inventory: 3701 properties for sale (highest number since 2011...)

Avg Price/SF: $248 (mostly flat for the last 2 years)

Avg DOM: 62

Avg Sold/List Price: 94%

Avg Sold Price: $492,000

Months of Inventory: 3.9 (based on closed sales)

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Rental Property Investor · Viera, FL · Member since 2019 · 33 posts · 22 votes
1y

Thanks for the stats!  

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  • Real Estate Agent · Merritt Island, FL · Member since 2017 · 986 posts · 1k+ votes
    1y

    This is good stuff, Sam! From what I'm seeing, this is actually SFHs and last month we were sitting at 4.5 months for SFHs (I believe condos were around 8.1 months). If we've dropped a tad since last month, that's good news for our area! 

  • Realtor · Melbourne, FL · Member since 2021 · 111 posts · 51 votes
    1y

    @Tchaka Owen I agree! So, I do think looking at all properties together (condos included) is a little misleading for that reason. 

    • Real Estate Agent · Merritt Island, FL · Member since 2017 · 986 posts · 1k+ votes
      1y
      Quote from @Samuel Boyd:

      @Tchaka Owen I agree! So, I do think looking at all properties together (condos included) is a little misleading for that reason. 

      That’s how I feel too, particularly with the hit condos are taking with the new regulations. In parts of S. Florida they’re at a 22-month supply. How do you like them apples?!!!

  • Rental Property Investor · Viera, FL · Member since 2019 · 33 posts · 22 votes
    1y

    Thanks for the stats!  

  • Realtor · Melbourne, FL · Member since 2021 · 111 posts · 51 votes
    1y

    Yeah @Erich Henson no doubt brother!

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