Is Melbourne, FL 32912 a buyer’s or seller’s market?
Melbourne is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Months of supply6.4Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list99.3%Sold price ÷ list price
Median days on market40Listing to accepted offer
Median price per sq ft$205▼ −7.8% vs. last year
Run the numbers for 32912
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology