Unemployment Rates
The unemployment rate is a great market indicator for the future market. As long as employment numbers are strong, mortgages will be paid and manufactured items will be purchased.
National Unemployment Rate
2023 2024 2025
Adam's Insight: A worry was the elections would sent the economy into a tailspin, however, that did not happen. The country seems to be happy with a choice to elect President Trump. The new administration has big dreams for the country and economy, but I am skeptical of any government making decisions for the people. Big ideas of 2025: no property tax, reduced government spending and an end to the Ukraine war.
Florida Unemployment Rate
2023 2024 2025
Adam's Insight: The Florida government has done it again, another repeat month. Florida's economy does not move with the country. Nationally we dropped a tenth of a percent and Florida stayed the same. It is good news and Florida has held strong.
30 Year Mortgage Rate Average in United States
*This information is pulled from the Federal Reserve and Freddie Mac. These are averages for information purposes only. This information is for the first day of the month; remember that a lot can change in 30 days.
2023 2024 2025
Adam's Insight: The rumor on the street is that mortgage rates are going to remain where they are without changing. We should not expect to see rates less than 6% for a very long time! Anyone that bought a home in 2024 thinking they were going to see a lower rate and refinance should stop holding their breath.
Spot Gold Price (Price per Ounce)
2023 2024 2025
Spot Silver Price
2023 2024 2025
Brevard County Property Sales Statistics
Brevard County Properties Sold
2023 2024 2025
January 738 686 688
February 967 893
March 1,262 1,109
April 1,167 1,147
May 1,230 1,246
June 1,188 1,049
July 986 1,158
August 1,108 1,058
September 1,007 853
October 914 841
November 908 705
December 814 942
Adam's Insight: January is generally a slow month for closings. In December buyers are looking for gifts and taking vacations, however we will hopefully see a busy February.
Brevard County New Listings
2023 2024 2025
January 1,362 1,578 1,761
February 1,210 1,559
March 1,535 1,804
April 1,355 1,781
May 1,489 1,734
June 1,309 1,565
July 1,353 1,424
August 1,476 1,478
September 1,397 1,318
October 1,389 1,238
November 1,226 1,341
December 1,026 1,070
Brevard County Active Listings
2023 2024 2025
January 2,672 3,553 4,634
February 2,538 3,862
March 2,354 4,037
April 2,332 4,295
May 2,317 4,417
June 2,367 4,496
July 2,469 4,481
August 2,537 4,454
September 2,826 4,554
October 3,055 4,431
November 3,285 4,648
December 3,248 4,528
Brevard County Absorption Rate
2023 2024 2025
January 2.35 3.42 4.68
February 2.27 3.73
March 2.13 3.92
April 2.13 4.22
May 2.14 4.34
June 2.19 4.40
July 2.31 4.44
August 2.39 4.36
September 2.67 4.49
October 2.9 4.42
November 3.15 4.67
December 3.09 4.62
Brevard County Average Sales Price
2023 2024 2025
January $394,815 $414,497 $442,707
February $394,504 $413,611
March $394,311 $391,721
April $425,760 $457,901
May $420,068 $437,357
June $416,083 $424,678
July $418,235 $426,377
August $435,410 $425,816
September $408,702 $419,995
October $409,171 $431,981
November $426,062 $443,284
December $400,425 $415,487
Brevard County Average Days on Market
2023 2024 2025
January 58 58 89
February 62 59
March 65 82
April 68 76
May 67 84
June 62 71
July 63 64
August 65 69
September 65 74
October 70 76
November 68 85
December 64 76
Written by Broker Adam Maxfield
Real Estate Sales and Investing
Maxfield Home Solutions
(321) 635-0060
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