Brevard County Real Estate Market Update: Q3 2024 vs. Q3 2025

The Brevard County housing market is evolving — and the latest quarterly data paints a picture of subtle shifts that are creating new opportunities for both buyers and sellers. From July through September 2025, we’re seeing telltale signs of a market finding its balance after several years of rapid change.

I'm here to break down what’s happening across the Space Coast and what it means for you. If you're short on time just scroll down to the TL;DR Version!

Closed Sales: A Slight Dip Reflecting Market Balance

In Q3 2024, Brevard saw 3,108 homes sold. This number dipped slightly to 3,027 in Q3 2025, a 2.6% decrease. While a dip in sales might raise questions, it actually signals the market’s transition toward stability.

Interest rates have been fluctuating throughout the year, prompting some buyers to pause while others become more strategic. This environment creates a more balanced dynamic — where buyers and sellers now hold relatively equal negotiating power.

For sellers, this means preparing for conversations around price and value. For buyers, it’s an opportunity to explore options without feeling the pressure of last year’s bidding wars.

Average Sold Price: Stabilizing, Not Slipping

The average sold price across Brevard County edged down from $423,515 in 2024 to $419,959 in 2025 — a modest 0.8% decline.

Rather than a sign of weakness, this stability suggests the market is recalibrating. Home values aren’t collapsing; they’re finding equilibrium after a high-growth period.

For sellers, this means pricing strategically is key. A homeowner in Viera, for instance, may want to evaluate comparable listings from the past 30 days — where slightly more competitive pricing can generate renewed buyer attention.

Buyers, meanwhile, are benefiting from a window of opportunity to negotiate — especially on homes that have been sitting on the market a little longer.

Active Listings: More Homes, More Choices

Inventory is on the rise. The number of active listings increased from 8,633 in 2024 to 9,020 in 2025 — nearly a 5% jump.

For buyers, this means a broader selection and more room to compare neighborhoods and amenities. For sellers, however, it underscores the importance of presentation.

High-quality marketing makes all the difference. Think: professional photography, compelling descriptions, and highlighting unique features — like ocean views in Cocoa Beach or a newly updated kitchen in Rockledge. In a more competitive environment, how your home shows online can determine how fast it sells.

Average Days on Market: A Shift Toward Normalcy

Homes are taking longer to sell — with average days on market rising from 56 in 2024 to 71 in 2025, a 27% increase.

This mirrors national trends, reflecting a pace that’s more sustainable and less frantic.

For buyers, this creates breathing room to tour homes and consider options thoughtfully. For sellers, patience and strategy are essential — ensuring that your home’s marketing plan, pricing, and presentation work together to capture attention in the first few weeks.

Market Confidence: Sellers Still See Long-Term Value

Despite these adjustments, confidence in the Brevard market remains strong. The average list price climbed to $466,545, showing that sellers still believe in the long-term value of Space Coast real estate.

Desirable areas like Merritt Island, Viera, and Cocoa Beach continue to attract interest thanks to their lifestyle appeal — waterfront access, excellent schools, and community amenities.

This optimism reflects a market that’s not retreating, but maturing — becoming more data-driven and sustainable over time.

What This Means for You

If you’re selling, success comes down to strategy. Homes that are well-priced, beautifully presented, and marketed with intention are still commanding strong offers. Partnering with an experienced agent (like me!) who understands Brevard’s micro-markets — from beachside condos to family homes in Rockledge — will position your property to stand out.

If you’re buying, now is the time to take advantage of increased inventory and negotiating leverage. Explore different communities and consider the long-term value each area offers. With expert guidance (from me!), you can find a home that fits your lifestyle and budget — without rushing your decision.

Get a Personalized Market Snapshot

Curious about what’s happening right in your neighborhood? Click Here to request your customized market snapshot tailored to your area — including recent sales, current pricing trends, and potential opportunities specific to your community.

Understanding local data is the first step to making confident real estate decisions.

TL;DR version:

The Brevard County housing market is cooling into balance, giving both buyers and sellers new advantages. Here's the numbers to pay attention to (from Q3 2024 compared to Q3 2025):

• Closed Sales: Down 2.6% (3,108 → 3,027) — signaling a steadier, more balanced market.

• Average Sold Price: Slight dip of 0.8% ($423K → $419K) — prices are stabilizing, not falling.

• Active Listings: Up nearly 5% — buyers now have more homes to choose from.

• Days on Market: Increased from 56 to 71 days — homes are taking longer to sell, so presentation matters.

• Market Confidence: Average list price rose to $466K — sellers remain optimistic about long-term value.

  
  

What it means: Buyers can take their time and negotiate strategically, while sellers should focus on pricing and high-impact marketing to stand out.