Is Melbourne Beach, FL 32951 a buyer’s or seller’s market?
Melbourne Beach is a balanced market. With about 5.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply5.2Under 4 months = seller’s market
Sold above original list6.6%Share of sales, last 3 months
Median sale-to-list95.9%Sold price ÷ list price
Median days on market71Listing to accepted offer
Median price per sq ft$354▲ +2.2% vs. last year
Run the numbers for 32951
Nearby markets
Cape Canaveral 32920Balanced $249 /sq ftCocoa 32922Balanced $184 /sq ftCocoa 32926Seller’s market $209 /sq ftCocoa 32927Seller’s market $216 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology