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Melbourne Home Values and Market Report

Search in the city of Melbourne

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Report prepared by Miranda-realgeeks.com
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Market at a glance

Over the last 12 months, homes sold for 99.2% of list price in 74 days on average.

Average price, last 12 months

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

List · $385K Sold · $382K
$820K$620K$420K$220K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 6 sales in Nov. Last month: 2.

Where the market stands

All homes in this report, by status.

53homes
Active26 · 49%
Under contract1 · 2%
Sold (12 mo)26 · 49%

Buyer's or seller's market?

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

17.3months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$595K
Under contract$522K
Sold$386K

Average days on market

Active74 days
Under contract8 days
Sold74 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 26
Average list price $594,634
Avg. days on market 74 days
Avg. price per ft² $267 Based on 16 of 26 homes
Avg. living area 2,004 ft² Based on 16 of 26 homes
Avg. beds / baths 3.5 / 2.6

Price vs. living area

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

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

$6M$4M$2M$0

Price vs. living area: 16 homes plotted, up to $6M 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.

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

Highest price per ft²

Top 7 homes in this status.

6275 N Highway 1$883
2919 Trasona Dr$342
1575 Harlock Rd$329
2964 Blazing Star Drive$328
4160 Negal Circle$305
1511 Hedrick Drive$235
467 Alice Drive$227

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
800 E Melbourne AvenueMelbourne, FL 32901 ———$995,000—1 day
6275 N Highway 1Melbourne, FL 32940 554,290$3,790,000$8832 days
1405 Johnson StMelbourne, FL 32935 321,328$286,000$2158 days
4160 Negal CircleMelbourne, FL 32901 432,319$709,000$3059 days
2669 Andrews AvenueMelbourne, FL 32935 421,504$300,000$19915 days
467 Alice DriveMelbourne, FL 32935 421,448$330,000$22715 days
1165 Ida WayMelbourne, FL 32940 321,808$389,500$21516 days
500 Wisteria DriveMelbourne, FL 32901 321,470$300,000$20420 days
1108 Holland StMelbourne, FL 32935 42—$330,000—34 days
115 E Avenue BMelbourne, FL 32901 32—$380,000—43 days
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