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Phil Rotondo's Blog

By Phil Rotondo | Agent in Brevard County, FL

Melbourne, Fl - Current Market Trends as of 04/08/2013

Median Sales Price in Melbourne

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Melbourne median sales prices
Number of sold homes in Melbourne
No. BedroomsJan - Mar '13y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$82,450+21.2%$74,500$68,000$129,000
3 bedrooms$119,500+3.9%$129,900$115,000$160,000
4 bedrooms$232,500+16.3%$217,500$199,950$315,000
All properties$129,300+0.2%$139,500$129,000$175,000
Want to know more about prices in Melbourne? Ask local experts >>

Melbourne Summary

The median sales price for homes in Melbourne FL for Jan 13 to Mar 13 was $129,300. This represents a decline of 7.3%, or $10,200, compared to the prior quarter and an increase of 0.2% compared to the prior year. Sales prices have depreciated 26.1% over the last 5 years in Melbourne. The average listing price for Melbourne homes for sale on Trulia was $219,147 for the week ending Apr 03, which represents a decline of 0.5%, or $1,091, compared to the prior week and a decline of 0.2%, or $446, compared to the week ending Mar 13. Average price per square foot for Melbourne FL was $101, an increase of 32.9% compared to the same period last year. Popular neighborhoods in Melbourne include Eagle Lake, Windover Farms, Sonesta Walk, Cresthaven Homes, Fountainhead, and Lansing Ridge.

 

Average Listing Price in Melbourne

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Melbourne average property price
Melbourne – number of properties
No. BedroomsWeek ending
Apr 3
w-o-wWeek ending
Mar 27
Week ending
Mar 20
Week ending
Mar 13
1 bedroom$41,973+4.8%$40,060$39,332$35,286
2 bedrooms$118,298+1.4%$116,610$113,095$113,609
3 bedrooms$172,388-1.3%$174,585$176,219$175,242
4 bedrooms$299,568+0.3%$298,687$296,901$295,808
All properties$219,147-0.5%$220,238$221,418$219,593
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. BedroomsJan - Mar '13y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$204+240.0%$71$60$126
3 bedrooms$82+10.8%$81$74$103
4 bedrooms$102+9.7%$98$93$129
All properties$101+32.9%$84$76$113
Want to know more about prices in Melbourne? Ask local experts >>

Popular Neighborhoods in Melbourne

NeighborhoodsWeek ending
Apr 3
w-o-wWeek ending
Mar 27
Week ending
Mar 20
Eagle Lake1—14
Windover Farms2+351
Sonesta Walk3—35
Cresthaven Homes4+151912
Fountainhead5-3218
Lansing Ridge6—610

Homes for Sale in Melbourne

600 Tulane Avenue, Melbourne FL
600 Tulane…
$99,9003 br  2 ba
1035 Venetian Drive #105, Melbourne FL
1035 Venet…
$84,9003 br  2 ba
943 Shaw Circle, Melbourne FL
943 Shaw C…
$199,0003 br  2 ba
8607 Mizell Drive, Melbourne FL
8607 Mizell…
$194,9004 br  2 ba
3722 Pascoli Place, Melbourne FL
3722 Pasco…
$449,9003 br  3 ba

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