Melbourne, FL, Real Estate
Melbourne currently has 65 single family homes for sale with an average list price of $499,086, 9 townhouses for sale with an average list price of $311,978, 8 condos for sale with an average list price of $244,463, and 3 lots for sale with an average list price of $645,667. The average annual property tax for Melbourne is $2,546.
What's Hot & What Not
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Melbourne, i.e. what's hot and what's not.
See What's Hot & What's Not in Melbourne
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Melbourne, i.e. what's hot and what's not.
Market Trends
Melbourne home sales for the month of April decreased in volume by 11.8% when compared to last year, while the median sale price rose by 52.8% from $324,000 to $495,000. House sales decreased by 20%, while the median sale price rose by 50.4% from $349,000 to $525,000. Condo sales stayed the same, while the median sale price stayed the same.
|
68
|
89
|
130
|
153
|
| 2020 | 2021 | 2022 | 2023 |
| # of sales per year | |||
|
$251,493
|
$330,000
|
$350,000
|
$375,000
|
| 2020 | 2021 | 2022 | 2023 |
| median sale price per year | |||
Median Sale Price for Melbourne
Number of Sales for Melbourne
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