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Melbourne Market Trends

Today, December 19, 2009

Median Sales Price in Melbourne

Embed Info
1 yr 5 yr Max
Melbourne median sales prices
Number of sold homes in Melbourne
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$100,500+34.0%$90,000$75,000-
3 bedrooms$138,000-8.0%$141,750$150,000-
4 bedrooms$239,900-3.8%$248,000$249,500-
All properties$149,400-6.6%$150,000$160,000-
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Melbourne Summary

The median sales price for homes in Melbourne FL for Sep 09 to Nov 09 was $149,400. This represents a decline of 0.4%, or $600, compared to the prior quarter and a decrease of 6.6% compared to the prior year. The average listing price for Melbourne homes for sale on Trulia was $241,094 for the week ending Dec 08, which represents an increase of 0.4%, or $986, compared to the prior week and an increase of 0.1%, or $322, compared to the week ending Nov 17.

Average price per square foot for Melbourne FL was $91, a decrease of 6.2% compared to the same period last year. Popular neighborhoods in Melbourne include Windover Farms, Eagle Lake, Sonesta Walk, Indianhead, Leewood Forest, and Lansing Ridge.

 

Average Listing Price in Melbourne

Embed Info
1 yr 5 yr Max
Melbourne average property price
Melbourne – number of properties
No. BedroomsWeek ending
Dec 8
w-o-wWeek ending
Dec 1
Week ending
Nov 24
Week ending
Nov 17
1 bedroom$72,062-0.6%$72,468$72,712$71,447
2 bedrooms$122,559+0.7%$121,758$121,257$120,135
3 bedrooms$196,445+1.5%$193,480$194,767$190,236
4 bedrooms$332,416-1.9%$338,961$340,749$336,233
All properties$241,094+0.4%$240,108$242,261$240,772
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Average Price Per Sqft for Homes in Melbourne

Embed Info
1 yr 5 yr Max
Melbourne average price per square foot
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$96+20.0%$75$80-
3 bedrooms$87-10.3%$89$97-
4 bedrooms$101-6.5%$104$108-
All properties$91-6.2%$90$97-
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Popular Neighborhoods in Melbourne

Neighborhoods Week ending
Dec 9
w-o-w Week ending
Dec 2
Week ending
Nov 25
Windover Farms 1 +1 2 2
Eagle Lake 2 -1 1 13
Sonesta Walk 3 +5 8 23
Indianhead 4 — 4 28
Leewood Forest 5 +26 31 12
Lansing Ridge 6 +26 32 24

Homes for Sale in Melbourne

3001 Le Conte Street, Melbourne FL
3001 Le Co…
$159,900
2 br  2 ba
2820 Camberly Circle, Melbourne FL
2820 Cambe…
$149,000
2 br  2 ba
6421 Borasco Drive #2210, Melbourne FL
6421 Boras…
$209,500
3 br  2 ba
1225 North Wickham Road, Melbourne FL
1225 N Wic…
$41,000
2 br  2 ba
4681 Portage Trail, Melbourne FL
4681 Porta…
$209,500
3 br  2 ba
3308 Purdue Street, Melbourne FL
3308 Purdue…
$65,000
2 br  1 ba
View all Melbourne Homes for Sale
 
Stats & Trends
Melbourne

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Market Trends

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Windover Farms

Eagle Lake

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Nearby Cities

Cities
Median
sales price
Average
listing price
Palm Bay
$90,000
$139,886
West Melbourne
$164,600
$162,564
Indialantic
$220,000
$495,972
Melbourne Beach
$217,250
$642,742
Malabar
$272,550
$372,093
Indian Harbour Beach
$217,500
$497,416
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Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.