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West Melbourne Market Report

$281,184

AVERAGE PRICE OF 135 HOMES

$193,150

AVERAGE PRICE OF 2 DISTRESSED HOMES

$347,572

AVERAGE PRICE OF 30 NEWLY BUILT HOMES

$288,500

AVERAGE PRICE OF 34 HOMES WITH A POOL

$267,988

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $281,184
Avg Bedrooms 3.43 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

2 bedrooms $144,887
3 bedrooms $255,532
4 bedrooms $320,444
5 bedrooms $599,633
West Melbourne Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 134 138 131 128 120
Average Price $279,555 $283,982 $287,283 $284,921 $281,357
Avg Price Change -1.58% -1.16% +0.83% +1.27% -4.09%
Median Price $283,463 $283,607 $283,413 $280,575 $281,710
Med Price Change -0.05% +0.07% +1.01% -0.40% -3.32%
Avg Bedrooms 3.43 beds 3.5 beds 3.47 beds 3.51 beds 3.47 beds
Avg Bathrooms 2.28 baths 2.3 baths 2.35 baths 2.33 baths 2.32 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Melbourne 132 $280,259 73 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 135 $281,184 73 days
Distressed Homes 2 $193,150 74 days
Newly Built Homes 30 $347,572 119 days
Homes with a Pool 34 $288,500 50 days
Reduced Price Homes 7 $267,988 66 days
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