Guard: March 2025 Real estate market overview by Space Coast by real estate expert Bobby Freeman

The average sales price: 4.4% to $ 362,915

Above video: March 2025 Space Coast Real Estate Update! By Bobby Freeman with McCoy Freeman Compass – your real estate expert at Space Coast with over 20 years of local experience. Regardless of whether you buy or sell, it can help you know the latest market trends to take the right step.

March 2025 Space Coast Real Estate Market Overview

If you plan to buy or sell real estate in Florida in Floridas Space Coast, the market conditions are definitely changing – and it is important to understand what this means for your next step.

“Today's market is all about preparation. Regardless of whether you buy or sell, the success is to understand the shift, to set realistic expectations and to have the right experts at your side in order to lead you,” says Nikki McCoy Freeman from McCoy Freeman Compass.

Single -family houses: more options, softer prices

The pace of using single-family houses slowed down compared to this time in the previous year, and real estate prices have recorded a slight decline, with the mean price reaching almost $ 363,000.

The most striking change? The inventory level increases, which reduces buyers more options and competition. If you are on the market to buy, you may find opportunities to negotiate better offers or sellers that were simply not available a year ago.

If you are a seller, it is more important than ever to praise and present your home in the best possible light. Buyers are more selective, and real estate that – both in pricing and in the state – get offers.

Condominiums and town houses: a growing buyer market

The sales of condominiums and townhouse scored a steeper goal in March, but the average prices kept around 309,000 US dollars. However, the inventory has increased – there is now more than 8 months offering, which a shift onto the market of a buyer.

If you are considering selling an apartment, the time is of crucial importance. After all, increased competition could exert pressure on prices down. On the other hand, buyers now have a broader selection of options and stronger negotiation power, especially for second houses and apartments near the beach.

Key Takeaways

We do not see a market accident a healthy balance after a few years. Buyers get more control while sellers have to be sharp with their strategy.

Regardless of whether you buy your Dream Beach apartment or sell a single-family house at Space Coast, I am here to help you navigate today's market. Let us create and create a plan that takes you to the best possible position.

Fast statistics: March 2025

Single -family houses:
● Sales closed: fell by 6.3%

● Middle sales price: Sinks 4.4% to $ 362,915

● Inventory: up to 25% to 4.5 months

Necessary sales:

● Conventional sales decreased by 6.3%

● Foreclosure by 14.3% (6 sales closed)

● 2 empty sales closed

City houses & condominiums:
● Sales closed: decline by 19.4%

● Medium sales price: increase by 3.0% to $ 309,000

● Inventory: plus 45.8% to 8.6 months

Necessary sales:

● Traditional sales decreased by 19.9%

● 1 foreclosure sale

● 1 empty sale

About the author

Freeman, Jennifer McCoy and Nikki McCoy-Freeman are family owners of the McCoy-Freeman Real Estate Group at the Floridas Space Coast. Together they have had experience in all aspects of the real estate industry for more than 40 years, have sold over 420 million US dollars and are classified among the top 1% of all brokers in Florida.