Indialantic & Melbourne Beach Real Estate Market Watch

Indialantic and Melbourne Beach (including the South Beaches) FL Real Estate Market Watch Report

There are currently 282 homes (single family, half duplex, condo & townhouses) available for sale in Indialantic and Melbourne Beach (including the south beaches).

Here's the breakdown,

 Under $100,000          -     2

 $101,000 -  $200,000   -   24

 $201,000 -  $300,000   -   62

 $301,000 -  $400,000   -   52

 $401,000 -  $500,000   -   37

 $501,000 -  $750,000   -   43

$751,000 - $1,000,000  -   25

$1,001,000+                   -   37  

Of the 282 properties 257 are standard listings (not a short sale or foreclosure).  5 of these are short sales (the sellers owe more on their homes than they are worth in today's market. They are hoping their mortgage companies will accept today's market value as payment in full and write off their remaining mortgage balance.)  20 of these are bank owned, foreclosures, auctions or being offered through HUD (the Department of Housing and Urban Development.) 

There are currently 137 properties under contract, with a negotiated price, waiting to go to closing. 

There are 496 properties that have sold and closed since the beginning of 2014.

The average sales prices of homes sold in Indialantic, Melbourne Beach (including the south beaches) on Florida's Space Coast for 2014 was  $325,133 at 83 days on the market. And, the average list price was $342,818 approximately 95% of list price.