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Melbourne Market Trends

Today, November 9, 2009

Median Sales Price in Melbourne

Embed Info
1 yr 5 yr Max
Melbourne median sales prices
Number of sold homes in Melbourne
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$95,500+4.9%$90,400$91,000-
3 bedrooms$139,900-6.7%$137,750$150,000-
4 bedrooms$236,250-9.1%$249,000$260,000-
All properties$149,945-6.3%$149,000$160,000-
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Melbourne Summary

The median sales price for homes in Melbourne FL for Aug 09 to Oct 09 was $149,945. This represents an increase of 0.6%, or $945, compared to the prior quarter and a decrease of 6.3% compared to the prior year. The average listing price for Melbourne homes for sale on Trulia was $241,089 for the week ending Nov 04, which represents an increase of 0.9%, or $2,188, compared to the prior week and an increase of 0.2%, or $582, compared to the week ending Oct 14.

Average price per square foot for Melbourne FL was $92, a decrease of 8.9% compared to the same period last year. Popular neighborhoods in Melbourne include Summer Brook, Windover Farms, Pine Creek, Sonesta Walk, Lansing Ridge, and Pineda Crossing.

 

Average Listing Price in Melbourne

Embed Info
1 yr 5 yr Max
Melbourne average property price
Melbourne – number of properties
No. BedroomsWeek ending
Nov 4
w-o-wWeek ending
Oct 28
Week ending
Oct 21
Week ending
Oct 14
1 bedroom$65,789+5.5%$62,337$62,551$62,314
2 bedrooms$120,350-0.7%$121,216$121,596$120,132
3 bedrooms$192,790+1.1%$190,780$192,851$190,970
4 bedrooms$330,624-0.3%$331,650$335,883$340,845
All properties$241,089+0.9%$238,901$241,859$240,507
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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. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$94+13.3%$77$83-
3 bedrooms$90-9.1%$87$99-
4 bedrooms$101-14.4%$104$118-
All properties$92-8.9%$89$101-
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Popular Neighborhoods in Melbourne

Neighborhoods Week ending
Nov 4
w-o-w Week ending
Oct 28
Week ending
Oct 21
Summer Brook 1 +14 15 31
Windover Farms 2 — 2 7
Pine Creek 3 — 3 4
Sonesta Walk 4 -3 1 2
Lansing Ridge 5 +2 7 1
Pineda Crossing 6 — 6 28

Homes for Sale in Melbourne

615 Ridge Club Drive #8, Melbourne FL
615 Ridge…
$65,000
2 br  1 ½ ba
4910 Lake Waterford Way West #210-2, Melbourne FL
4910 Lake…
$145,900
3 br  3 ba
3455 Minton Road, Melbourne FL
3455 Minton…
$1,650,000
 
432 Birchington Lane, Melbourne FL
432 Birchi…
$399,900
4 br  2 ½ ba
437 Willow Tree Drive, Melbourne FL
437 Willow…
$124,950
3 br  2 ba
1453 Vestavia Circle, Melbourne FL
1453 Vesta…
$475,000
5 br  4 ½ ba
View all Melbourne Homes for Sale
 
Stats & Trends
Melbourne

Real Estate Overview

Market Trends

Home Prices Map

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Summer Brook

Windover Farms

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Nearby Cities

Cities
Median
sales price
Average
listing price
Palm Bay
$89,000
$142,207
West Melbourne
$156,250
$165,055
Indialantic
$220,000
$465,632
Melbourne Beach
$220,000
$572,711
Malabar
$272,500
$236,509
Indian Harbour Beach
$217,500
$476,669
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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.