Clever Ways to Make Tiny Rooms Look Bigger

 Clever Ways to Make Tiny Rooms Look Bigger

Originally posted by Florida Realtors

 

Bold, space-saving furniture and mounted sconces maximize small rooms. Glass walls, mirrors and reflective finishes boost light. Calm colors unify without clutter.  

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JoAnn Young

Owner/Broker

321-243-4917

JoAnn@MyFLDreamHome.com

Brevard County, FL MLS Statistics for May 2025

 Brevard County, FL MLS Staistics for May 2025

Information provided by the Space Coast Association of Realtors and the Florida Association of Realtors

A quick recap of the Brevard County Residential Report for May 2025:

• Closed Sales are down -1.4% for May 2025 in which the number of units closed was 1,056 compared to 1,071 in May 2024, with an increase in cash sales of 11.1%.
• New Pending Sales are up 5.1% and New Listings are down -7.2%.
• The Median Sales Price for Brevard County Single Family homes is 0.0% to $375,000 compared to a year ago, which was $375,000.
• Months' Supply of Inventory is up 21.1% to 4.6 months, an increase from 3.8 months in May 2024.
• Traditional Sales are down -1.2% with a median sales price of $375,995.
• Foreclosure/REO Sales are down -36.4% with 7 closed sales and a median sales price of $196,000.
• Short Sale Closings up 200.0% with 3 closed sales and a median sales price of $325,000.

What It All Means:

Brevard’s residential housing market is stable with signs of slower growth. While prices are holding firm, rising inventory and fewer listings could give buyers more options — and sellers may need to be more competitive.

A quick recap of the Brevard County Townhouses/Condos for May 2025:

• Closed Sales are down -26.2% for May 2025 in which the number of units closed was 208 compared to 282 in May 2024, with a decrease in cash sales of -24.7%.
• New Pending Sales are down -11.6% and New Listings are down -10.1%.
• The Median Sales Price for Brevard County Townhouses/Condos is down -5.7% to $273,500 compared to a year ago, which was $290,000.
• Months' Supply of Inventory is up 37.5% to 8.8 months, an increase from 6.4 months in May 2024.
• Traditional Sales are down -26.8% with a median sales price of $275,000.
• Foreclosure/REO Sales are up 50.0% with 3 closed sales and a median sales price of $148,000.
• Short Sale Closings are N/A with 0 closed sales and a median sales price of N/A.

What It All Means:

The Space Coast condo and townhouse market slowed significantly in May. There are fewer sales, lower prices, and more inventory sitting on the market — signs of a cooling or shifting market that may favor buyers.

If you wish to enter the market to buy or sell a property,

Call JoAnn Young, 

Young & Young Properties

Owner/Broker

321-243-4917

JoAnn@MyFLDreamHome.com 

Is the Real Estate Market Crashing?

Are home prices crashing, or just catching their breath? The chart below tells the real story behind what’s happening in the housing market.

This chart tracks how much U.S. home prices have gone up or down each month since the early ’90s. Blue bars mean prices went up, red bars mean they dropped.

You can clearly see the housing crash around 2008 (lots of deep red), and then the big COVID-era boom with prices shooting up fast (tall blue bars around 2021).

Lately, prices have started to flatten out a bit, some months slightly down, some up, but it’s a far cry from the crash days. Bottom line: the market is cooling, not collapsing.

And remember, prices don’t just drop or collapse coast to coast. They are local and regional.