Brevard Real Estate Market Update April 2025 | Bobby Freeman
Inventory’s Up. Prices Are Down. Here’s What That Means for Brevard Real Estate
🏡 Single-Family Homes: The Shift Is Real
The Brevard single-family market is shifting gears. We’re seeing more inventory, longer days on market, and a softening in prices. That’s not a bad thing — it’s a sign of normalization after years of frenzy.
For buyers, it means more options, more negotiating power, and less pressure to rush.
For sellers, it’s a call to get real: price your home smartly, prep it well, and partner with a pro who understands how to position your property in a competitive landscape.
Inventory is now at 4.6 months — that’s up nearly 28%. We’re approaching balance, and buyers know it. Gone are the days of 10-offer showdowns on day one. This is a market for the strategic, not the speculative.
📊 By the Numbers (April 2025 vs. April 2024):
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Closed Sales: Down –6.7% (964 vs. 1,033)
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Cash Sales: Down –13.5%
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New Pending Sales: Down –6.7%
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New Listings: Down –0.7%
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Median Sales Price: $375,000, down –2.3%
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Inventory: Up 27.8% (4.6 months vs. 3.6 months)
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Foreclosures/REOs: 7 sales, median price $263,006
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Short Sales: 1 closed at $650,000
🏙️ Condos & Townhomes: Major Cooling, Buyer’s Market Territory
The Brevard condo and townhouse market has entered full-on cooling mode. Inventory is now up to 8.8 months — that’s not just a shift, that’s a swing. The balance has tilted firmly toward buyers. They’re browsing longer, negotiating harder, and making sellers work for the deal.
Sellers: This is not the market to “wait and see.” If your listing isn’t getting traction, price is likely the issue.
Buyers: For investors, second-home shoppers, or locals ready to upgrade — this is your moment.
📊 By the Numbers (April 2025 vs. April 2024):
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Closed Sales: Down –14.5% (213 vs. 249)
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Cash Sales: Down –24.7%
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New Pending Sales: Down –27%
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New Listings: Down –12.3%
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Median Sales Price: $285,000, down –13.6%
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Inventory: Up 44.3% (8.8 months vs. 6.1 months)
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Foreclosures/REOs: 0
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Short Sales: 0
💼 The Bottom Line
This isn’t 2021 anymore. It’s not about speed — it’s about skill.
Whether you’re looking to buy into the Brevard lifestyle or make a smart exit, you need someone who knows how to read the shift and guide your next move like a pro.
📲 I’m Bobby Freeman with McCoy Freeman Compass — and I’ve helped clients navigate every type of market, closing over $500 million in local real estate.
👉 Ready to play it smart? Let’s talk: www.McCoyFreeman.com
❓ Frequently Asked Questions (SEO Boost)
Q: Is the Brevard County real estate market slowing down in 2025?
A: Yes. April 2025 data shows cooling trends in both single-family and condo markets, with rising inventory and slight price drops.
Q: Is now a good time to buy a home or condo in Brevard?
A: For many buyers, yes. More inventory and fewer bidding wars mean more choices and better negotiating power.
Q: What should sellers do in this shifting market?
A: Price strategically, prep your home thoroughly, and hire an experienced local agent to maximize your results in a more competitive environment.