Market report, updated

Market Report

Search in the city of Merritt Island

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Report prepared by Storkrealestate.com Stork Real Estate

Market at a glance

Over the last 6 months, homes sold for 95.7% of list price in 58 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $551K Sold · $526K
$650K$590K$530K$470K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 109 sales in Jun. Last month: 51.

Where the market stands

All homes in this report, by status.

857homes
Active275 · 32%
Under contract83 · 10%
Sold (6 mo)499 · 58%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$971K
Under contract$698K
Sold$538K

Average days on market

Active230 days
Under contract150 days
Sold58 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 275
Average list price $970,821
Avg. days on market 230 days
Avg. price per ft² $314
Avg. living area 2,702 ft²
Avg. beds / baths 3.4 / 2.6

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

27 homes didn’t report living area and aren’t shown.

2 homes are larger or pricier than this chart’s scale and aren’t shown.

$6M$4M$2M$0

Price vs. living area: 221 homes plotted, up to $6M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

1 home didn’t report days on market and isn’t shown.

Bedroom mix

Number of homes by bedroom count.

60 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

1872 E Merritt Island Causeway$1,623
6075 S Tropical Trail$1,361
6075 S Tropical Trail$1,361
11150 S Tropical Trail$1,125
8765 S Tropical Trail S$1,034
7755 S Tropical Trail$978
735 Pilot Lane Unit 908$918

All active listings (275)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1572 Stafford AvenueMerritt Island, FL 32952 321,760$645,000$3661 day
690 Sunset Lakes DriveMerritt Island, FL 32953 422,686$579,000$21516 days
225 Tiki DriveMerritt Island, FL 32953 321,210$335,000$2761 day
225 Tiki DriveMerritt Island, FL 32953 321,210$335,000$2761 day
1515 Island DriveMerritt Island, FL 32952 321,172$329,000$2801 day
4341 Timothy DriveMerritt Island, FL 32953 321,622$290,000$1784 days
4351 Timothy DriveMerritt Island, FL 32953 321,611$355,000$2207 days
300 S Sykes Creek Parkway Unit 508Merritt Island, FL 32952 321,702$359,900$2112 days
2005 Dee Gee StreetMerritt Island, FL 32952 ———$125,000—3 days
1420 Mercury StreetMerritt Island, FL 32953 421,695$425,000$2503 days
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Questions about this market?

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