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Palm Bay Market Trends

Today, November 25, 2009

Median Sales Price in Palm Bay

Embed Info
1 yr 5 yr Max
Palm Bay median sales prices
Number of sold homes in Palm Bay
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$39,550-33.0%$47,000$59,000-
3 bedrooms$84,000-21.2%$87,000$106,550-
4 bedrooms$120,000-20.8%$119,000$151,500-
All properties$89,000-23.9%$90,000$117,000-
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Palm Bay Summary

The median sales price for homes in Palm Bay FL for Aug 09 to Oct 09 was $89,000. This represents a decline of 1.1%, or $1,000, compared to the prior quarter and a decrease of 23.9% compared to the prior year. The average listing price for Palm Bay homes for sale on Trulia was $140,004 for the week ending Nov 18, which represents a decline of 2.8%, or $4,093, compared to the prior week and a decline of 0.3%, or $435, compared to the week ending Oct 28.

Average price per square foot for Palm Bay FL was $57, a decrease of 23% compared to the same period last year. Popular neighborhoods in Palm Bay include Palm Bay Colony, Magnolia Park At Bayside Lakes, Pinehurst, Holly Trace At Bayside Lakes, Palm Bay Estates Mobile Home Park, and Forest Glen At Bayside Lakes.

 

Average Listing Price in Palm Bay

Embed Info
1 yr 5 yr Max
Palm Bay average property price
Palm Bay – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom$56,039-22.3%$72,082$77,467$84,375
2 bedrooms$76,885-1.3%$77,889$79,041$77,417
3 bedrooms$134,000-2.1%$136,916$136,824$132,896
4 bedrooms$182,785-2.2%$186,807$183,504$187,473
All properties$140,004-2.8%$144,097$142,207$140,439
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Average Price Per Sqft for Homes in Palm Bay

Embed Info
1 yr 5 yr Max
Palm Bay average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$65-1.5%$49$66-
3 bedrooms$56-23.3%$58$73-
4 bedrooms$62-27.9%$61$86-
All properties$57-23.0%$58$74-
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Popular Neighborhoods in Palm Bay

Neighborhoods Week ending
Nov 18
w-o-w Week ending
Nov 11
Week ending
Nov 4
Palm Bay Colony 1 +1 2 1
Magnolia Park At Bayside Lakes 2 +10 12 5
Pinehurst 3 -2 1 14
Holly Trace At Bayside Lakes 4 +9 13 15
Palm Bay Estates Mobile Home Park 5 -1 4 2
Forest Glen At Bayside Lakes 6 +3 9 24
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Homes for Sale in Palm Bay

1162 Buford Street Northwest, Palm Bay FL
1162 Buford…
$69,900
3 br  2 ba
2154 Watkins Road Southeast, Palm Bay FL
2154 Watki…
$8,000
 
482 Bougainvillea Street Northwest, Palm Bay FL
482 Bougai…
$19,900
 
797 Apollo Circle Northeast, Palm Bay FL
797 Apollo…
$149,000
2 br  1 ½ ba
465 Saint Andre Boulevard Southwest, Palm Bay FL
465 Saint…
$108,000
3 br  2 ba
937 Beacon Street Northwest, Palm Bay FL
937 Beacon…
$35,000
2 br  2 ba
View all Palm Bay Homes for Sale
 
Stats & Trends
Palm Bay

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

Neighborhoods

Palm Bay Colony

Magnolia Park At Bayside Lakes

View more neighborhoods or ZIPs
  • Amberwood At Bayside Lakes
  • Arlington Pines Townhouses
  • Bay Mare Farms
  • Bayside Lakes
  • Bayside Lakes Commercial Center
  • Bimini Bay
  • Breezewood
  • Briarwood Estates
  • Bridgewater At Bayside Lakes
  • Brookside At Bayside Lakes
  • Cape Malabar
  • Cathedral Oaks
  • Colonial Square Commercial Center
  • Coral Key
  • Country Club Shoppes
  • Country Woods
  • Courtyards At Sandy Pines Preserve
  • Ellis Colony
  • Emmaus Heights
  • Executive Park
  • Fairhaven
  • Fairview
  • Fairway Crossings At Bayside Lakes
  • Fairway Isles At Bayside Lakes
  • Farview
  • Forest Glen At Bayside Lakes
  • Foundation Commerce Center
  • Fourth In Port Malabar One
  • Giroux Subd
  • Greenwood Plantation
  • Hiawatha Gardens
  • High Point
  • Highland Shores
  • Highland Shores Estates
  • Highland Shores Turkey River Estates
  • Holiday Park First
  • Holly Trace At Bayside Lakes
  • Huntington Terrace
  • Jasmine Estates
  • Kew Commercial Center
  • Lake Forest At Bayside Lakes
  • Laurelwood At Bayside Lakes
  • Lemay Palm Bay Estates
  • Lockmar Acres
  • Magnolia Park At Bayside Lakes
  • Master Heights
  • Melbourne Pines
  • Minnehaha Gardens
  • Monterey Cove At Bayside Lakes
  • Palm Bay Colony
  • Palm Bay Estates Mobile Home Park
  • Palm Bay Homes
  • Palm Bay Medical Office Center
  • Palm Bay Point
  • Palm Bay Village
  • Palmdale
  • Parkside West
  • Pine Ridge Estates
  • Pine Walk Manor
  • Pinehill Acres
  • Pinehurst
  • Pinewood Estates
  • Plymouth Hollow
  • Point West Estates
  • Port Malabar
  • Pueblo Bonito
  • Quail Hollow
  • Raysteff Country Club
  • Rivera Commercial Center
  • Riviera Key
  • Rosemarie Pines
  • Sanders
  • Sandy Pines Preserve
  • Seabury Point Trust
  • Sheriana Point
  • Shoppes At Minton
  • Sleepy Hollow
  • Sloneridge
  • Southover
  • Stillwater Lakes
  • Stonebriar At Bayside Lakes
  • Summerfield At Bayside Lakes
  • Sunnyside Park
  • The Reserve
  • The Shire
  • The Shire First
  • Tillman
  • Tropical Trailer Town
  • Tropicana
  • Tropicana Estates
  • Turkey Creek
  • Tuscany Estates
  • Valentine Estates
  • Villa Rosa Estates
  • Vincent W Kirby Industrial Park
  • Wellington At Bayside Lakes
  • Wichita Acres
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  • 32905
  • 32906
  • 32907
  • 32908
  • 32909
  • 32910
  • 32911
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Nearby Cities

Cities
Median
sales price
Average
listing price
Malabar
$265,000
$336,138
Melbourne
$143,500
$241,293
Melbourne Beach
$220,000
$593,689
Indialantic
$220,000
$479,729
West Melbourne
$161,700
$163,946
Grant
$213,000
$411,231
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Advice

Recent Q&A in Palm Bay, FL

Q: What exactly are the steps for foreclosure? What is the lender required to do when they file forclosure? Certified mail, etc??? 3 answers
Q: wher can i find listing of 55 plus communities 3 answers
Q: How much would a house in Oak View Subdivision go for on Lisa Rd aprox? It was built in 2004 1,889 sq ft 4 bedrooms and 2 baths on 1/4 acre. 2 answers
Q: Have home prices in Palm Bay bottomed out and back on the rise now? What is the outlook over the next 12-18 months? Thanks! 2 answers
Q: what is the asking price for a house on 1781 edith st by deutsche bank. thank you 2 answers

Got a real estate question? 

More Advice:
  • Recent Q&A in Palm Bay, FL
  • Recent blog posts in Palm Bay, FL
  • Find a real estate professional Palm Bay, FL

Nearby Cities Real Estate

  • Malabar Real Estate
  • Melbourne Real Estate
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  • West Melbourne Real Estate

Nearby Cities Sold Homes

  • Malabar Sold Homes
  • Melbourne Sold Homes
  • Melbourne Beach Sold Homes
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  • Melbourne Village Sold Homes
  • West Melbourne Sold Homes

Nearby Cities Home Prices

  • Malabar Home Prices
  • Melbourne Home Prices
  • Melbourne Beach Home Prices
  • Indialantic Home Prices
  • Melbourne Village Home Prices
  • West Melbourne Home Prices

Palm Bay Stats & Trends

  • Palm Bay Real Estate Overview
  • Palm Bay Schools
  • Palm Bay Community Info
  • Palm Bay Home Prices
  • Palm Bay Real Estate
  • Palm Bay Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Palm Bay real estate market. Find Palm Bay properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Palm Bay average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Palm Bay housing statistics are available for each Palm Bay, FL neighborhood.
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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.