Space Coast Real Estate Market Update
Brevard County Housing Market Report – July 2026
Brevard County, Florida | July 2026 market statistics | Analysis by Bobby Freeman, REALTOR®, McCoy Freeman Group at Compass
Brevard County home sales increased in July 2026 while housing inventory continued to tighten across Florida’s Space Coast. Single-family closed sales rose 4.1% compared with July 2025, while condo and townhouse sales increased 13.5%. The median single-family home price remained at $380,000, while the median condo and townhouse price increased 4.9% to $299,000.
Watch the July 2026 Brevard County Housing Market Update with Bobby Freeman and Nikki McCoy Freeman of the McCoy Freeman Group at Compass.
July 2026 Brevard County Housing Market: The Quick Answer
The Brevard County housing market showed stronger sales activity and lower inventory in July 2026. Single-family homes recorded 943 closed sales, a median sale price of $380,000 and 3.5 months of available inventory. Condos and townhomes recorded 227 closed sales, a median sale price of $299,000 and 6.2 months of inventory. Single-family conditions were tighter, while condo and townhouse buyers still had more available inventory.
July 2026 Brevard County Housing Market at a Glance
| Market Indicator | Single-Family Homes | Condos / Townhomes |
|---|---|---|
| Closed Sales | 943 | Up 4.1% | 227 | Up 13.5% |
| Median Sale Price | $380,000 | 0.0% | $299,000 | Up 4.9% |
| Cash Sales | 244 | Up 19.6% | 131 | Up 22.4% |
| New Pending Sales | 926 | Down 0.2% | 253 | Up 22.8% |
| New Listings | 1,200 | Down 6.8% | 327 | Down 3.5% |
| Months Supply of Inventory | 3.5 | Down 23.9% | 6.2 | Down 26.2% |
| Median Time to Contract | 38 days | Down 19.1% | 72 days | Up 24.1% |
| Median Percent of Original List Price Received | 96.7% | 93.1% |
Brevard County Single-Family Home Market
The Brevard County single-family home market recorded 943 closed sales in July 2026 compared with 906 sales in July 2025, a 4.1% year-over-year increase.
Cash activity increased as well. There were 244 single-family cash purchases during July, up 19.6% from the same month last year.
New listings decreased 6.8% to 1,200. New pending sales were nearly unchanged at 926, down just 0.2% from July 2025.
The combination of higher closed sales, fewer new listings and lower available inventory points to a tighter single-family market than Brevard County experienced one year earlier.
What Is the Median Home Price in Brevard County?
The median sale price for a Brevard County single-family home was $380,000 in July 2026, unchanged from July 2025.
The average single-family sale price increased 1.8% to $471,069, while total single-family dollar volume increased 6.0% to approximately $444.2 million.
The condo and townhouse market followed a different price pattern. The median sale price increased 4.9%, from $285,000 in July 2025 to $299,000 in July 2026.
Are Brevard County Homes Selling Faster?
For single-family homes that closed in July 2026, median time to contract decreased from 47 days in July 2025 to 38 days, a 19.1% reduction.
Median time from the original listing date to completed sale was 79 days, compared with 82 days in July 2025.
Single-family sellers received a median 96.7% of their original list price.
These are countywide statistics. Individual results vary by location, price range, condition, neighborhood, property type and competing inventory.
Brevard County Condo and Townhouse Market
Brevard County condos and townhomes posted stronger year-over-year sales growth than the single-family market in July 2026.
Closed sales increased 13.5%, from 200 transactions in July 2025 to 227 transactions in July 2026.
New pending sales increased 22.8% to 253, while new listings decreased 3.5% to 327.
The median condo and townhouse sale price increased 4.9% to $299,000.
Cash Buyers Remain a Major Part of the Brevard Condo Market
There were 131 cash condo and townhouse purchases in July 2026, an increase of 22.4% compared with July 2025.
Approximately 58% of July condo and townhouse closings were cash transactions.
Cash activity is especially relevant in coastal markets such as Cocoa Beach and Cape Canaveral, where second-home buyers, retirees, investors and vacation-property buyers can represent an important share of demand.
Brevard County Home Sales Increased in Both Property Categories
Single-family closed sales increased from 906 in July 2025 to 943 in July 2026. Condo and townhouse closed sales increased from 200 to 227.
The rise in closed sales occurred while fewer new listings entered the market and total available inventory declined compared with July 2025.
Brevard County Housing Inventory Is Tightening
Inventory is one of the most significant changes in the July 2026 Brevard County housing market.
Single-family active inventory declined to 2,937 listings, down 23.7% compared with July 2025. Months supply of inventory declined from 4.6 months to 3.5 months, a 23.9% reduction.
Condo and townhouse months supply declined from 8.4 months in July 2025 to 6.2 months in July 2026, a 26.2% reduction.
Is Brevard County a Buyer’s Market or a Seller’s Market?
The answer depends on the property type.
Florida Realtors uses 5.5 months of inventory as a traditional benchmark for a balanced market. Inventory below that level generally favors sellers, while inventory above that level generally gives buyers more negotiating leverage.
At 3.5 months of inventory, the Brevard County single-family market falls on the seller-favoring side of that benchmark.
At 6.2 months, the condo and townhouse market remains slightly above the traditional balanced-market benchmark, despite a substantial year-over-year decline in inventory.
Market conditions can vary considerably by location, price range and property type, including single-family homes, oceanfront condos, waterfront homes, investment properties and luxury residences.
“The July numbers show why it’s important not to describe the Brevard County real estate market with one broad headline. Single-family inventory has tightened considerably and homes that sold went under contract faster than a year ago. At the same time, the condo market is seeing stronger sales and pending activity, but buyers still have more inventory and properties are taking longer to secure a contract. The market is active, but pricing and strategy remain very property-specific.”
Bobby Freeman, REALTOR®
McCoy Freeman Group at Compass
What Does the July 2026 Market Mean for Brevard County Home Sellers?
The decline in available inventory is encouraging for Brevard County sellers, particularly in the single-family market.
There were 23.7% fewer active single-family listings at the end of July than one year earlier, and homes that successfully sold reached contract in a median of 38 days.
A tighter market does not eliminate the need for accurate pricing. The median single-family sale price remained unchanged year over year at $380,000, while sellers received a median 96.7% of their original asking price.
For homeowners considering selling in Cocoa Beach, Cape Canaveral, Merritt Island, Satellite Beach, Melbourne Beach, Melbourne, Viera or elsewhere in Brevard County, countywide statistics are only the starting point. Recent comparable sales, current competition, pending sales, property condition and buyer activity in the property’s specific neighborhood or condominium should also be considered.
What Does the July 2026 Market Mean for Brevard County Home Buyers?
Buyers should not assume that declining inventory means there are no opportunities in the current market.
The median single-family home price remained unchanged from July 2025, while condo and townhouse buyers continued to have substantially more available inventory than single-family buyers.
Negotiating leverage varies considerably across Brevard County. A well-priced single-family home in a desirable neighborhood can face a very different market than a condo that has been available for several months.
Condo buyers should also evaluate association financials, reserves, assessments, insurance, rental restrictions, building condition and applicable milestone inspection and reserve requirements.
Original Brevard County Research
When Is the Best Time to Buy or Sell on Florida’s Space Coast?
Monthly market statistics provide a current snapshot, but timing a real estate decision based only on the calendar can overlook inventory, competition and buyer demand.
I analyzed 67,951 Brevard County residential sales across 60 consecutive months from January 2021 through December 2025 to determine whether there really is a best month to buy or sell on Florida’s Space Coast.
The study found that May produced the highest five-year average number of single-family closings, while August produced the highest five-year average of monthly median sale prices. The condo and townhouse market also showed that the busiest sales period was not necessarily the highest-priced period.
The findings reinforce an important point for buyers and sellers: current market conditions, property type, location, competition, pricing and personal timing can matter more than waiting for one supposedly ideal month.
Read the full five-year Space Coast buying and selling study
Are Foreclosures Increasing in Brevard County?
Foreclosure sales increased from a very small base in July 2026, so the percentage change requires context.
There were 18 single-family foreclosure and REO sales in July 2026 compared with three in July 2025, producing a 500% year-over-year increase. There were also three single-family short-sale closings.
Traditional transactions still accounted for 922 of the 943 single-family closed sales during July.
The condo and townhouse market recorded 219 traditional sales, five foreclosure and REO transactions and three short sales.
Distressed sales therefore remained a small portion of overall Brevard County housing activity despite the large percentage changes.
July 2026 Brevard County Real Estate Market FAQ
What is the median home price in Brevard County, Florida?
The median sale price for a Brevard County single-family home was $380,000 in July 2026, unchanged from July 2025. The median condo and townhouse price was $299,000, up 4.9% year over year.
How many homes sold in Brevard County in July 2026?
Brevard County recorded 943 single-family home sales and 227 condo and townhouse sales during July 2026.
Are Brevard County home prices going up or down?
Single-family median prices were unchanged year over year at $380,000. Condo and townhouse median prices increased 4.9% to $299,000.
Is housing inventory increasing or decreasing in Brevard County?
Housing inventory decreased compared with July 2025. Single-family active inventory declined 23.7%, while months supply fell to 3.5 months. Condo and townhouse months supply declined to 6.2 months.
How long does it take to sell a home in Brevard County?
For single-family homes that closed in July 2026, the median time from listing to contract was 38 days. The median time from listing to completed sale was 79 days.
Are cash buyers active in Brevard County?
Yes. Single-family cash sales increased 19.6% year over year to 244 transactions. Condo and townhouse cash sales increased 22.4% to 131 transactions.
Is Brevard County a buyer’s market or a seller’s market?
Conditions differ by property type. Single-family homes had 3.5 months of inventory in July 2026, while condos and townhomes had 6.2 months. The single-family market was tighter, while condo buyers generally had more inventory to choose from.
Is the Brevard County condo market different from the single-family market?
Yes. Condo and townhouse sales and pending activity increased strongly in July, but the category had 6.2 months of inventory and a median 72 days to contract. Single-family homes had 3.5 months of inventory and a median 38 days to contract.
When is the best time to sell a home on Florida’s Space Coast?
No single month guarantees the best result. A five-year analysis of 67,951 Brevard County residential sales found that the busiest month for single-family closings was not the month that produced the highest average monthly median price. Current competition, property type, pricing, demand and the seller’s individual circumstances should also be considered.
About This Brevard County Housing Market Report
This July 2026 Brevard County real estate market analysis was prepared by Bobby Freeman, REALTOR®, McCoy Freeman Group at Compass.
Bobby Freeman provides residential real estate market analysis across Florida’s Space Coast, including Cocoa Beach, Cape Canaveral, Merritt Island, Satellite Beach, Melbourne Beach, Melbourne, Viera and surrounding Brevard County communities.
The July 2026 market statistics used in this report were produced by Florida Realtors® using data provided by Florida’s multiple listing services for Space Coast REALTORS®. The July data was released August 17, 2026.
Source: Florida Realtors® and Space Coast REALTORS® July 2026 Monthly Market Detail reports for Brevard County single-family homes and townhouses and condos.
Market statistics describe broad countywide activity and should not be interpreted as the market value or expected performance of an individual property. Neighborhood, building, location, condition, price range, amenities, view, insurance, association financials, rental rules and other property-specific factors can materially affect market value and buyer demand.