Market report, updated

Market Report

Search in the region of NE Melbourne/Palm Shores

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Report prepared by Storkrealestate.com Stork Real Estate

Market at a glance

Over the last 6 months, homes sold for 96.9% of list price in 94 days on average.

Average price, last 12 months

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

List · $454K Sold · $420K
$590K$500K$410K$320K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 18 sales in Jul. Last month: 7.

Where the market stands

All homes in this report, by status.

155homes
Active53 · 34%
Under contract30 · 19%
Sold (6 mo)72 · 46%

Buyer's or seller's market?

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

4.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$534K
Under contract$317K
Sold$364K

Average days on market

Active103 days
Under contract178 days
Sold94 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 53
Average list price $534,378
Avg. days on market 103 days
Avg. price per ft² $248 Based on 48 of 53 homes
Avg. living area 1,897 ft² Based on 48 of 53 homes
Avg. beds / baths 3.2 / 2.6

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

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

$6M$4M$2M$0

Price vs. living area: 48 homes plotted, up to $6M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

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

Highest price per ft²

Top 7 homes in this status.

3479 N Sylvan Lane$761
3441 N Sylvan Lane$603
5120 N Us Highway 1$537
5010 N Us Highway 1$417
4007 N Harbor City Boulevard Unit 404$344
3347 Citation Way$332
4610 Leo Lane$293

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
3150 N Harbor City Boulevard Unit 135Melbourne, FL 32935 221,058$159,900$1512 days
3210 N Harbor City Boulevard Unit 213Melbourne, FL 32935 12828$125,000$1509 days
157 Palm CircleMelbourne, FL 32940 422,079$485,000$23311 days
3512 Sandpiper LaneMelbourne, FL 32935 231,861$295,000$15816 days
2595 Summer Brook StreetMelbourne, FL 32940 442,948$574,200$19420 days
4850 Erin LaneMelbourne, FL 32940 321,565$399,900$25521 days
2975 Thrush Drive Unit 235Melbourne, FL 32935 22986$169,995$17223 days
4811 Springwater CircleMelbourne, FL 32940 432,601$529,900$20323 days
4418 Sherwood BoulevardMelbourne, FL 32935 321,500$320,000$21330 days
4007 N Harbor City Boulevard Unit 404Melbourne, FL 32935 442,610$899,000$34436 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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