Here’s some big news from the Florida state budget that could benefit both buyers and homeowners! Plus a quick update on what’s happening in the Brevard County housing market —
Brevard County Market Recap
Single-Family Homes
Closed Sales down -1.4% (1,056 homes vs. 1,071 in May 2024)
New Pending Sales up 5.1%
Median Sales Price unchanged at $375,000
Inventory up 21.1% to 4.6 months
Market is stable but growing slowly — buyers may find more options as inventory increases.
Townhouses/Condos
Closed Sales down -26.2%
Median Price down -5.7% to $273,500
New Pending Sales down -11.6%
Inventory up 37.5% to 8.8 months
Condo and townhouse market is clearly cooling — more inventory, fewer buyers, and price softening could mean opportunity for buyers.
2025 Florida Housing Wins – Budget HighlightsThe Florida Legislature just passed a $115 billion budget that includes BIG support for housing:
Hometown Heroes Housing Program – $150 million
for down payment assistance to teachers, first responders, and other essential workers
Hometown Heroes Housing Program – $150 million
for down payment assistance to teachers, first responders, and other essential workers
Affordable Housing – $385 million for state and local programs supporting housing access
My Safe Florida Home-Home Hardening – $310 million to help homeowners and condo owners protect against storms
More news to come!! The HB913- The Condo Relief Bill was just signed and will go into effect on July 1 2025. 
If you’re thinking about buying, selling, or just curious how these changes could affect your next move, I’d be happy to talk!