Market report, updated

Market Report

Search in the city of Melbourne

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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 97.1% of list price in 88 days on average.

Average price, last 12 months

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

List · $470K Sold · $455K
$550K$510K$470K$430K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 319 sales in Jul. Last month: 188.

Where the market stands

All homes in this report, by status.

2,541homes
Active749 · 29%
Under contract274 · 11%
Sold (6 mo)1,518 · 60%

Buyer's or seller's market?

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

2.9months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$607K
Under contract$696K
Sold$462K

Average days on market

Active6 days
Under contract102 days
Sold88 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 749
Average list price $607,110
Avg. days on market 6 days
Avg. price per ft² $1,364
Avg. living area 2,259 ft²
Avg. beds / baths 3.3 / 2.6

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

9 homes didn’t report living area and aren’t shown.

3 homes are larger or pricier than this chart’s scale and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 238 homes plotted, up to $3M 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.

119 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

6275 N Highway 1$883
6275 N Highway 1$883
2300 Front Street Unit 400$536
1772 Lavender Drive$518
1332 Highland Avenue$449
1332 Highland Avenue$449
9190 Wander Trail$446

All active listings (749)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
7749 Allure DriveMelbourne, FL 32940 442,258$585,000$2590 days
620 Vine StreetMelbourne, FL 32904 432,484$800,000$3220 days
3054 Scallop LaneMelbourne, FL 32903 432,414$699,000$2890 days
1356 Hill AvenueMelbourne, FL 32940 421,924$529,900$2750 days
3150 N Harbor City Boulevard Unit 135Melbourne, FL 32935 221,058$159,900$1510 days
615 Marbella PlaceMelbourne, FL 32940 431,872$339,000$1811 day
8654 Catalissa AvenueMelbourne, FL 32940 442,601$845,000$3241 day
2537 Deercroft DriveMelbourne, FL 32940 321,778$415,000$2331 day
2793 Galindo CircleMelbourne, FL 32940 432,278$565,000$2481 day
800 E Melbourne AvenueMelbourne, FL Not Provided ———$995,000—1 day
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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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