Melbourne Beach Market Report
$798,280
AVERAGE PRICE OF 173 HOMES$699,999
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,745,984
AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES$1,181,723
AVERAGE PRICE OF 9 NEWLY BUILT HOMES$819,652
AVERAGE PRICE OF 106 HOMES WITH A POOL$562,941
AVERAGE PRICE OF 13 REDUCED PRICE HOMESAverage Home
| Average Price | $798,280 |
| Avg Bedrooms | 3.42 beds |
| Avg Bathrooms | 2.97 baths |
Average Price by Bedrooms
| 1 bedroom | $206,333 |
| 2 bedrooms | $372,432 |
| 3 bedrooms | $637,471 |
| 4 bedrooms | $1,349,168 |
| 5 bedrooms | $1,754,500 |
Melbourne Beach Home Price Trends
| 2/2019 | 1/2019 | 12/2018 | 11/2018 | 10/2018 | |
|---|---|---|---|---|---|
| Total Listings | 188 | 183 | 173 | 168 | 162 |
| Average Price | $792,309 | $816,053 | $826,540 | $794,824 | $808,264 |
| Avg Price Change | -3.00% | -1.29% | +3.99% | -1.69% | +0.30% |
| Median Price | $557,521 | $554,481 | $565,521 | $561,907 | $576,661 |
| Med Price Change | +0.55% | -1.99% | +0.64% | -2.63% | -1.70% |
| Avg Bedrooms | 3.43 beds | 3.24 beds | 3.24 beds | 3.22 beds | 3.23 beds |
| Avg Bathrooms | 2.98 baths | 2.64 baths | 2.62 baths | 2.6 baths | 2.63 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Melbourne | 167 | $789,789 | 120 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 173 | $798,280 | 184 days |
| Distressed Homes | 1 | $699,999 | 30 days |
| Multi-Million Dollar Homes | 38 | $1,745,984 | 105 days |
| Newly Built Homes | 9 | $1,181,723 | 130 days |
| Homes with a Pool | 106 | $819,652 | 82 days |
| Reduced Price Homes | 13 | $562,941 | 67 days |
