Market report, updated

Market Report

Search in the subdivision of Reeling Park

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Report prepared by Teamcoley.com Team Coley at Atlantic Shores Realty Expertise ERA Powered

Market at a glance

Over the last 6 months, homes sold for 96.5% of list price in 211 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $616K Sold · $585K
$820K$740K$660K$580K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 7 sales in Jan. Last month: 3.

Where the market stands

All homes in this report, by status.

40homes
Active13 · 32%
Under contract5 · 12%
Sold (6 mo)22 · 55%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$761K
Under contract$736K
Sold$684K

Average days on market

Active86 days
Under contract304 days
Sold211 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 13
Average list price $760,515
Avg. days on market 86 days
Avg. price per ft² $278
Avg. living area 2,731 ft²
Avg. beds / baths 3.9 / 4.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$1.5M$1M$500K$0

Price vs. living area: 13 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 7 homes in this status.

8197 Gullen Drive$357
8366 Lyside Drive$314
8265 Lyside Drive$314
7689 Allure Drive$306
2470 Pescara Court$280
2307 Spur Drive$280
2217 Salew Street$268

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2217 Salew StreetMelbourne, FL 32940 553,264$875,000$2685 days
2470 Pescara CourtMelbourne, FL 32940 553,854$1,080,000$28013 days
8366 Lyside DriveMelbourne, FL 32940 442,258$711,000$31421 days
2283 Trava LaneMelbourne, FL 32940 553,378$725,000$21433 days
8265 Lyside DriveMelbourne, FL 32940 453,738$1,175,000$31469 days
7689 Allure DriveMelbourne, FL 32940 341,962$601,600$30662 days
8152 Rungsted LaneMelbourne, FL 32940 342,030$524,999$25869 days
2564 Addison DriveMelbourne, FL 32940 332,102$549,700$26169 days
2484 Addison DriveMelbourne, FL 32940 432,605$664,900$255116 days
8397 Gullen DriveMelbourne, FL 32940 432,605$665,000$255120 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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