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Phil Rotondo's Blog

By Phil Rotondo | Agent in Brevard County, FL

Melbourne, Fl. - Current Market Trends as of 03/18/2013

Median Sales Price in Melbourne

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Melbourne median sales prices
Number of sold homes in Melbourne
No. BedroomsDec - Feb '13y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$70,500-2.8%$5,730,500$72,500$134,000
3 bedrooms$119,750+8.9%$123,900$110,000$163,500
4 bedrooms$225,000+4.7%$200,000$215,000$322,500
All properties$128,900+1.9%$150,000$126,550$180,000
Want to know more about prices in Melbourne? Ask local experts >>

Melbourne Summary

The median sales price for homes in Melbourne FL for Dec 12 to Feb 13 was $128,900. This represents a decline of 14.1%, or $21,100, compared to the prior quarter and an increase of 1.9% compared to the prior year. Sales prices have depreciated 28.4% over the last 5 years in Melbourne. The average listing price for Melbourne homes for sale on Trulia was $219,593 for the week ending Mar 13, which represents an increase of 2.2%, or $4,675, compared to the prior week and an increase of 3.1%, or $6,698, compared to the week ending Feb 20. Average price per square foot for Melbourne FL was $82, an increase of 5.1% compared to the same period last year. Popular neighborhoods in Melbourne include Eagle Lake, Windover Farms, Lamplighter Village, Fountainhead, Lansing Ridge, and Summer Brook.

 

Average Listing Price in Melbourne

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Melbourne average property price
Melbourne – number of properties
No. BedroomsWeek ending
Mar 13
w-o-wWeek ending
Mar 6
Week ending
Feb 27
Week ending
Feb 20
1 bedroom$35,286-5.0%$37,125$36,092$38,069
2 bedrooms$113,609-2.0%$115,877$117,680$117,935
3 bedrooms$175,242+0.4%$174,569$178,005$176,510
4 bedrooms$295,808+3.5%$285,681$276,904$266,176
All properties$219,593+2.2%$214,918$214,463$212,895
Want to know more about prices in Melbourne? Ask local experts >>

Average Price Per Sqft for Homes in Melbourne

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Melbourne average price per square foot
No. BedroomsDec - Feb '13y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$66+10.0%$3,640$60$106
3 bedrooms$81+11.0%$78$73$107
4 bedrooms$98+5.4%$98$93$128
All properties$82+5.1%$1,264$78$113
Want to know more about prices in Melbourne? Ask local experts >>

Popular Neighborhoods in Melbourne

NeighborhoodsWeek ending
Mar 13
w-o-wWeek ending
Mar 6
Week ending
Feb 27
Eagle Lake1+787
Windover Farms2-111
Lamplighter Village3-122
Fountainhead4-133
Lansing Ridge5+1610
Summer Brook6-1511

Homes for Sale in Melbourne

2034 Matte Drive, Melbourne FL
2034 Matte…
$118,5004 br  2 ba
 Appaloosa, Melbourne FL
Appaloosa,…
$110,000 
2630 Summer Brook Street, Melbourne FL
2630 Summer…
$274,9004 br  3 ba
8607 Mizell Drive, Melbourne FL
8607 Mizell…
$199,9004 br  2 ba
3570 Big Pine Road, Melbourne FL
3570 Big P…
$365,0005 br  2 full, 1 partial ba

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