Melbourne Beach Market Report
$798,656
AVERAGE PRICE OF 164 HOMES$544,450
AVERAGE PRICE OF 2 DISTRESSED HOMES$1,827,214
AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES$2,012,490
AVERAGE PRICE OF 7 NEWLY BUILT HOMES$834,901
AVERAGE PRICE OF 96 HOMES WITH A POOL$767,866
AVERAGE PRICE OF 6 REDUCED PRICE HOMESAverage Home
| Average Price | $798,656 |
| Avg Bedrooms | 3.17 beds |
| Avg Bathrooms | 2.6 baths |
Average Price by Bedrooms
| 1 bedroom | $159,600 |
| 2 bedrooms | $342,871 |
| 3 bedrooms | $639,025 |
| 4 bedrooms | $882,310 |
| 5 bedrooms | $2,052,250 |
Melbourne Beach Home Price Trends
| 5/2019 | 4/2019 | 3/2019 | 2/2019 | 1/2019 | |
|---|---|---|---|---|---|
| Total Listings | 173 | 181 | 179 | 188 | 183 |
| Average Price | $777,483 | $777,784 | $788,968 | $792,309 | $816,053 |
| Avg Price Change | -0.04% | -1.44% | -0.42% | -3.00% | -1.29% |
| Median Price | $557,228 | $567,732 | $589,956 | $557,521 | $554,481 |
| Med Price Change | -1.89% | -3.91% | +5.82% | +0.55% | -1.99% |
| Avg Bedrooms | 3.15 beds | 3.39 beds | 3.41 beds | 3.43 beds | 3.24 beds |
| Avg Bathrooms | 2.59 baths | 2.96 baths | 2.96 baths | 2.98 baths | 2.64 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Melbourne | 160 | $792,717 | 140 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 164 | $798,656 | 333 days |
| Distressed Homes | 2 | $544,450 | 72 days |
| Multi-Million Dollar Homes | 35 | $1,827,214 | 174 days |
| Newly Built Homes | 7 | $2,012,490 | 110 days |
| Homes with a Pool | 96 | $834,901 | 127 days |
| Reduced Price Homes | 6 | $767,866 | 88 days |
