Altos Market Data for Realtors

Satellite Beach, FL 32937

Single-Family Homes

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Satellite Beach, FL 32937

Fri Jan 10 2025
This week the median list price for Satellite Beach, FL 32937 is $649,500 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has decreased to 78. Click here to stay informed with the Satellite Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Satellite Beach, FL 32937

Fri Jan 10 2025
This week the median list price for Satellite Beach, FL 32937 is $649,500 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has decreased to 78. Click here to stay informed with the Satellite Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Satellite Beach market.
Median List Price $649,500
Median Price of New Listings $549,900
Per Square Foot $347
Average Days on Market 127
Median Days on Market 88
Price Decreased 46%
Price Increased 3%
Relisted 8%
Inventory 78
Median Rent
Market Action 31
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,140,000 2,750 0.25 - 0.5 acre 4 3 39 0 4 56
$698,900 2,201 8,000 - 10,000 sqft 4 2 49 1 1 112
$587,500 1,799 8,000 - 10,000 sqft 4 2 61 2 0 63
$484,450 1,550 6,500 - 8,000 sqft 3 2 64 2 2 171