Altos Market Data for Realtors

Cocoa Beach, FL 32931

Single-Family Homes

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Cocoa Beach, FL 32931

Fri Jan 10 2025
This week the median list price for Cocoa Beach, FL 32931 is $937,000 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has decreased to 43. Click here to stay informed with the Cocoa Beach market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Cocoa Beach, FL 32931

Fri Jan 10 2025
This week the median list price for Cocoa Beach, FL 32931 is $937,000 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has decreased to 43. Click here to stay informed with the Cocoa Beach market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Cocoa Beach market.
Median List Price $937,000
Median Price of New Listings $657,000
Per Square Foot $462
Average Days on Market 140
Median Days on Market 98
Price Decreased 37%
Price Increased 5%
Relisted 7%
Inventory 43
Median Rent
Market Action 29
Slight Buyer'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
$1,857,500 3,122 0.25 - 0.5 acre 4 4 61 0 1 126
$1,200,000 2,262 8,000 - 10,000 sqft 4 2.5 62 0 0 56
$899,000 1,993 8,000 - 10,000 sqft 4 2 63 0 0 98
$629,000 1,546 0.25 - 0.5 acre 3 2 65 2 1 91