Market report, updated

reviews

Search in the subdivision of Reeling Park

Team Coley at Atlantic Shores Realty Expertise ERA Powered logo
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 96.2% of list price in 210 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.

41homes
Active15 · 37%
Under contract4 · 10%
Sold (6 mo)22 · 54%

Buyer's or seller's market?

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

3.9months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$744K
Under contract$777K
Sold$683K

Average days on market

Active77 days
Under contract368 days
Sold210 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 15
Average list price $743,690
Avg. days on market 77 days
Avg. price per ft² $278
Avg. living area 2,671 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: 15 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
7639 Allure Drive$306
7689 Allure Drive$306
2470 Pescara Court$280
2307 Spur Drive$280

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
7639 Allure DriveMelbourne, FL 32940 442,303$705,574$3061 day
7749 Allure DriveMelbourne, FL 32940 442,258$585,000$2592 days
2217 Salew StreetMelbourne, FL 32940 553,264$875,000$2687 days
2470 Pescara CourtMelbourne, FL 32940 553,854$1,080,000$28015 days
8366 Lyside DriveMelbourne, FL 32940 442,258$711,000$31423 days
2283 Trava LaneMelbourne, FL 32940 553,378$725,000$21435 days
8265 Lyside DriveMelbourne, FL 32940 453,738$1,175,000$31471 days
7689 Allure DriveMelbourne, FL 32940 341,962$601,600$30664 days
8152 Rungsted LaneMelbourne, FL 32940 342,030$524,999$25871 days
2564 Addison DriveMelbourne, FL 32940 332,102$537,777$25571 days
Team Coley at Atlantic Shores Realty Expertise ERA Powered logo

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.

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

Next steps

How much is your home worth?

...get instant property value now!

Free and instant. We can follow up with a detailed valuation.