Melbourne FL Real Estate Market Watch 32934, 32935, 32901, 32904

Melbourne FL Real Estate Market Watch

Melbourne Florida Real Estate Market Report 32934, 32935, 32901, 32904

Did you know that there are currently 554 homes available for sale in Melbourne Florida?

Here’s the breakdown,

 Under $100,000           – 129

 $101,000 –  $200,000   – 200

 $201,000 –  $300,000   – 120

 $301,000 –  $400,000   –   59

 $401,000 –  $500,000   –   13

 $501,000 –  $750,000   –   28

$751,000 – $1,000,000  –     8

$1,001,000+                  –     5

In January of 2005, as our market was heading up there were only 5 houses in Melbourne priced under $200,000.  Today, there are 329.      

Of the 554 properties (these include single family, condos, townhouses and mobile homes) 429 are standard listings (not a short sale or foreclosure).  29 of these are short sales (the sellers owe more on their homes than they are worth in today’s market. They are hoping their mortgage companies will accept today’s market value as payment in full and write off their remaining mortgage balance.)  91 of these are bank owned, foreclosures, auctions or being offered through HUD (the Department of Housing and Urban Development.) 

There are currently 353 properties under contract, with a negotiated price, waiting to go to closing. 

There are 1054 properties that have sold and closed since the beginning of 2014.

The average sales prices of homes sold here on Florida’s Space Coast is $173,670 at 77 days on the market.

Search Brevard County Real EstateMelbourne FL Real Estate, Sandy Shores, Realtor

Sandy Shores, Broker

M & M Realty of Brevard, Inc. 

Residential, New Construction, Relocations & Investment

Brevard County FL Real Estate 18 Years

Brevard County FL Resident 39 Years 

Melbourne FL Real Estate / Brevard County FL Real Estate

Serving Melbourne, Palm Bay, Suntree, Viera, Rockledge, Cocoa,  Merritt Island, Titusville, Cape Canaveral, Cocoa Beach, Satellite Beach, Indian Harbour Beach, Indialantic & Melbourne Beach

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321-253-4545 or 321-254-2964

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