WATCH: Space Coast Real Estate 2025 – Pending Sales Rise, Inventory Tightens Across Brevard County

Buyer Activity Strengthens as Supply Narrows

ABOVE VIDEO: Your trusted Space Coast real estate experts break down the September 2025 market update — where pending sales are rising, inventory is tightening, and sellers across Cocoa Beach, Viera, Satellite Beach, Melbourne and Brevard County are gaining the advantage.

BREVARD COUNTY, FLORIDA – The Space Coast housing market continues to build momentum for sellers as 2025 winds down.

Across both single-family homes and the condo/townhome sectors, inventory has tightened while pending sales have climbed—signaling renewed confidence in Brevard County real estate heading into 2026.

Single-Family Homes: Buyer Activity Strengthens as Supply Narrows

Pending sales increased year-over-year in September, a clear sign that buyer demand is rebounding. Inventory has moved closer to a balanced 5.5-month supply, improving leverage for homeowners who present their properties well.

Average sale prices held steady, and most sellers continued achieving near-asking outcomes—an encouraging sign of price stability after the slight market cooling seen earlier in the year.

“We’re seeing more motivated buyers again, particularly relocating families and professionals tied to NASA, SpaceX, and Blue Origin. When pending sales rise as inventory falls, that’s real momentum for sellers.”
— Bobby Freeman, Sales Advisor, McCoy Freeman Compass

Condos & Townhomes: Cash Buyers Dominate as Supply Shrinks

The condo and townhome market has shown consistent improvement with four consecutive months of declining inventory and a growing share of cash transactions—especially along the Cocoa Beach and Cape Canaveral coastline.

Showings remain active for well-maintained, move-in-ready listings with ocean or river views. Seasonal demand and investor confidence are also reinforcing price stability.

“Well-presented listings are attracting strong showing activity again—especially oceanfront and waterfront condos. Cash buyers love the Space Coast lifestyle, and that enthusiasm continues to fuel our market.”
— Nikki McCoy Freeman, Sales Advisor, McCoy Freeman Compass

Why the Space Coast Stays in Demand

From Cocoa Beach and Cape Canaveral to Merritt Island, Viera, and Melbourne, Brevard County continues to attract buyers from across Florida and beyond. The mix of aerospace expansion, coastal lifestyle, and strong job growth supports steady real estate demand.

World-class beaches, boating on the Indian and Banana Rivers, Port Canaveral’s cruise access, and rocket-launch views make the Space Coast one of Florida’s most desirable—and surprisingly affordable—coastal markets.

Market Outlook: What Sellers Should Expect Heading Into 2026

If inventory remains constrained and buyer activity holds, early 2026 should begin with stable pricing, healthy absorption rates, and sustained interest from both local and out-of-state buyers.

“It’s a great time to sell before new listings build in early spring. Homes that combine lifestyle appeal with smart pricing are seeing the fastest activity.”
— Nikki McCoy Freeman, McCoy Freeman Compass

Space Coast Real Estate Q&A with Bobby & Nikki McCoy Freeman (Compass)

Q: Is now a good time to sell on Florida’s Space Coast?
A: Yes. Both single-family and condo inventory levels have tightened while pending sales rise—classic signs of a seller-friendly environment this fall.

Q: What are the latest trends for single-family homes?
A: Pending sales are up year-over-year and closed sales strengthened. Sellers continue to achieve near-asking prices as the market moves closer to balance—a positive indicator for well-presented homes.

Q: How is the condo market performing in Cocoa Beach & Cape Canaveral?
A: Four consecutive months of improving supply, strong cash participation, and steady fall demand—especially for oceanfront and riverfront condos—point to renewed seller leverage.

Q: What about mortgage rates?
A: Rates have eased slightly this month, encouraging more qualified buyers to re-enter the market. That extra affordability is helping drive the uptick in pending sales.

Q: Why choose Bobby & Nikki McCoy Freeman at Compass?
A: With over $500 million in closed sales and 22 years of experience, the McCoy Freeman Real Estate Group is trusted for cinematic video marketing, precision digital targeting, and record-setting results across Cocoa Beach, Cape Canaveral, Merritt Island, Viera, and the entire Space Coast.

Q: What’s the outlook for early 2026?
A: If current trends hold—tight supply, steady absorption, and strong cash participation—expect continued price stability and faster contract times into spring.

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