Real Estate INK

February stats courtesy of Space Coast MLS.



You will find monthly, quarterly, and yearly reports of Brevard County Sales, detailed by Single Family Homes and Townhouses/Condos, on our website. In addition, there are Yearly Distressed Market Summaries for both types of properties.

A quick recap of the Brevard County Residential Report for February 2026:

• Closed Sales are down -4.3% for February 2026 in which the number of units closed was 713 compared to 745 in February 2025, with a decrease in cash sales of -12.9%.
• New Pending Sales are up 4.6% and New Listings are down -9.4%.
• The Median Sales Price for Brevard Single Family homes is down -2.3% to $370,000 compared to a year ago, which was $378,854.
• Months' Supply of Inventory is down -9.3% to 3.9 months, a decrease from 4.3 months in February 2025.
• Traditional Sales are down -4.6% with a median sales price of $374,995.
• Foreclosure/REO Sales are up 12.5% with 9 closed sales and a median sales price of $220,000.
• Short Sale Closings are up 100% with 2 closed sales and a median sales price of $203,156.

What this means:

The Brevard County residential housing market in February 2026 saw a slight slowdown in closed sales compared to the same time last year, along with a decrease in cash purchases. However, buyer activity remains present, as new pending sales increased even while fewer new listings came onto the market. Median home prices dipped slightly from a year ago, reflecting modest price adjustments. Inventory also tightened, with fewer months of supply available, which may continue to support market stability. Traditional home sales experienced a small decline, while foreclosure and short sale activity rose slightly, though these continue to represent a small portion of overall sales. Overall, the market reflects steady demand with some shifts in pricing and inventory.

A quick recap of the Brevard County Townhouses/Condos for February 2026:

• Closed Sales are up 18.8% for February 2026 in which the number of units closed was 202 compared to 170 in February 2025, with an increase in cash sales of 44.9%.
• New Pending Sales are up 32.4% and New Listings are down -15.4%.
• The Median Sales Price for Brevard Townhouses/Condos is down -11.7% to $267,000 compared to a year ago, which was $302,500.
• Months' Supply of Inventory is down -7.2% to 7.7 months, a decrease from 8.3 months in February 2025.
• Traditional Sales are up 19.0% with a median sales price of $269,500.
• Foreclosure/REO Sales are down -50.0% with 1 closed sale and a median sales price of $108,000.
• Short Sale Closings are N/A with 1 closed sale and a median sales price of $212,500.

What this means:

The Brevard County townhouse and condo market showed strong activity in February, with more properties closing and a notable increase in cash purchases. Buyer demand was also reflected in the rise in homes going under contract, even as fewer new listings entered the market. While sales activity was up, the median sales price declined compared to the same time last year, suggesting some softening in pricing within the condo and townhouse segment. Inventory tightened slightly, indicating that available supply decreased modestly. Traditional sales made up the majority of transactions and continued to see solid movement, while foreclosure and short sale activity remained minimal. Overall, the market reflects active buyer interest with slightly lower prices and a modestly tightening supply.

some good news...

U.S. December Existing Home Sales Increase 5.1% Late-year sales activity showed renewed momentum nationwide as mortgage rates eased and price growth slowed, according to the National Association of Realtors.

We had a little uptick in November, no doubt the rate cut. I noticed it as well. I hope it holds but pending sales are down again so we will have to see what the post holiday season brings.




Stay informed with our monthly, quarterly, and yearly sales reports for Single Family Homes and Townhouses/Condos, available on our website. We also provide Yearly Distressed Market Summaries for both property types.

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

• Closed Sales are up 18.9% for November 2025 in which the number of units closed was 749 compared to 630 in November 2024, with an increase in cash sales of 2.4%.
• New Pending Sales are down -1.6% and New Listings are down -13.1%.
• The Median Sales Price for Brevard County Single Family homes is down -3.6% to $366,500 compared to a year ago, which was $380,000.
• Months' Supply of Inventory is down -4.8% to 4.0 months, a decrease from 4.2 months in November 2024.
• Traditional Sales are up 17.5% with a median sales price of $367,218.
• Foreclosure/REO Sales are up 300% with 8 closed sales and a median sales price of $157,450.
• Short Sale Closings are N/A with 3 closed sales and a median sales price of $303,500.

November Residential Market Check:
The Brevard County residential market showed strong momentum in November, with a noticeable increase in closed home sales compared to the same time last year, including a slight rise in cash purchases. While fewer new homes entered the market and pending sales dipped slightly, buyer activity remained solid. Home prices softened modestly, reflecting a small adjustment rather than a major shift. Inventory tightened compared to last year, helping support market stability. Traditional sales made up the majority of activity and saw healthy growth, foreclosure sales increased but remained a small portion of the overall market, and short sales were limited. Overall, the market reflects steady demand, reduced inventory, and balanced conditions for both buyers and sellers.

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

• Closed Sales are up 3.6% for November 2025 in which the number of units closed was 142 compared to 137 in November 2024, with an increase in cash sales of 7.1%.
• New Pending Sales are up 31.9% and New Listings are down -14.0%.
• The Median Sales Price for Brevard County Townhouses/Condos is down -18.3% to $257,450 compared to a year ago, which was $315,000.
• Months' Supply of Inventory is up 7.0% to 7.6 months, an increase from 7.1 months in November 2024.
• Traditional Sales are up 2.2% with a median sales price of $262,450.
• Foreclosure/REO Sales are N/A with 2 closed sales and a median sales price of $151,350.
• Short Sale Closings are N/A with 0 closed sales and a median sales price of (no sales.)

November Townhome and Condo Market Check:
The Brevard County townhouse and condo market in November showed positive momentum, with an increase in overall sales activity and a noticeable rise in cash buyers. Buyer interest strengthened significantly, as reflected by a surge in new pending sales, while fewer new listings entered the market, tightening available supply. Despite the increased activity, median prices declined compared to last year, pointing to more affordability and potential opportunities for buyers. Inventory levels rose slightly, suggesting homes may be taking a bit longer to sell. Traditional sales increased modestly, foreclosures remained limited, and there were no short sale closings during the month. Overall, the market reflects growing buyer engagement alongside softer pricing and balanced inventory conditions.

From a couple of days ago, very interesting.

70% of Americans Can’t Afford This – MortgageShots