Is Indialantic-Melbourne Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2021
Since last year, Indialantic-Melbourne Beach has remained a Seller's Market.
Key Takeaway
Indialantic-Melbourne Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Indialantic-Melbourne Beach, FL cost?
Median Sold Price
$532,500
$301/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2021
Key Takeaway
Homes in Indialantic-Melbourne Beach have sold for 23.7% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Dec 2021 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | $170K | $215K | +26.5% |
| 2 Bedrooms | $281K | $330.5K | +17.6% |
| 3 Bedrooms | $431K | $521.9K | +21.1% |
| 4 Bedrooms | $595.1K | $701.1K | +17.8% |
| 5+ Bedrooms | $799.9K | $900K | +12.5% |
Median Sold Price Compared To Nearby Cities
| Satellite Beach | $424.3K | $550K | +29.6% |
| Indialantic-Melbourne Beach | $430.3K | $532.5K | +23.7% |
| Melbourne | $253.1K | $308.4K | +21.8% |
| Indialantic | $572K | $669K | +17.0% |
| Indian Harbour Beach | $380K | $430K | +13.2% |
How many homes are available in Indialantic-Melbourne Beach, FL?
Number of Homes For Sale
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 285 | 299 | +4.9% |
Homes For Sale By Bedroom Count
| # BEDS | Nov 2022 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 43 | 44 | +2.3% |
| 3 Bedrooms | 152 | 156 | +2.6% |
| 4 Bedrooms | 62 | 66 | +6.5% |
| 5+ Bedrooms | 23 | 27 | +17.4% |
Number of Homes Sold
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 43 | 58 | +34.9% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Indialantic-Melbourne Beach, you may be able to get a good deal. 65.5% of homes here sold below asking price last month.
Average Sale Time
| Dec 2021 | Dec 2022 | % |
|---|---|---|
| 3 Days | 91 Days | +2500.0% |
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Indialantic-Melbourne Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
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