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Phil Rotondo's Blog

By Phil Rotondo | Agent in Brevard County, FL

Melbourne, Fl - Current Market Trends as of 02/26/2013

Median Sales Price in Melbourne

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Melbourne median sales prices
Number of sold homes in Melbourne
No. BedroomsNov - Jan '13y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$68,000+0.7%$5,730,500$67,500$379,000
3 bedrooms$130,000+16.1%$121,300$112,000$253,000
4 bedrooms$220,000-3.3%$236,000$227,500-
All properties$130,000+5.1%$150,000$123,688$182,500
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Melbourne Summary

The median sales price for homes in Melbourne FL for Nov 12 to Jan 13 was $130,000. This represents a decline of 13.3%, or $20,000, compared to the prior quarter and an increase of 5.1% compared to the prior year. Sales prices have depreciated 28.8% over the last 5 years in Melbourne. The average listing price for Melbourne homes for sale on Trulia was $217,435 for the week ending Feb 13, which represents a decline of 0.8%, or $1,784, compared to the prior week and a decline of 0.5%, or $1,072, compared to the week ending Jan 23. Average price per square foot for Melbourne FL was $82, an increase of 6.5% compared to the same period last year. Popular neighborhoods in Melbourne include Windover Farms, Greentree Park, Sonesta Walk, Eagle Lake, Fountainhead, and Pineda Crossing.

Average Listing Price in Melbourne

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Melbourne average property price
Melbourne – number of properties
No. BedroomsWeek ending
Feb 13
w-o-wWeek ending
Feb 6
Week ending
Jan 30
Week ending
Jan 23
1 bedroom$41,290-7.2%$44,492$45,782$49,635
2 bedrooms$115,016+1.3%$113,544$118,239$119,937
3 bedrooms$183,050-2.2%$187,194$189,329$188,503
4 bedrooms$275,823+0.7%$273,774$267,615$264,928
All properties$217,435-0.8%$219,219$220,567$218,507
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Average Price Per Sqft for Homes in Melbourne

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Melbourne average price per square foot
No. BedroomsNov - Jan '13y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$67+11.7%$3,667$60$83
3 bedrooms$82+15.5%$77$71$112
4 bedrooms$97+5.4%$97$92-
All properties$82+6.5%$1,203$77$116
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Popular Neighborhoods in Melbourne

NeighborhoodsWeek ending
Feb 13
w-o-wWeek ending
Feb 6
Week ending
Jan 30
Windover Farms1+346
Greentree Park2+9115
Sonesta Walk3-121
Eagle Lake4+154
Fountainhead5-4111
Pineda Crossing6+101616

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