Momentum Housing Data · Home Values · Brevard County
Every figure below is from recorded MLS closings in Summer Place Condominium (Merritt Island, FL) — not an algorithm’s estimate. Medians, the 14-year price history, market time, and what the record says about selling here now. Window ending 2026-07-15; refreshes as new closings record.
In the current window, sellers accepted a median 93.9% of original asking; the median sale took 14 days (window ending 2026-07-15).
| Year | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| 2026 | $159,900 | $154 | 14 | 9 |
| 2025 | $176,388 | $170 | 26 | 6 |
| 2024 | $175,000 | $169 | 27 | 5 |
| 2023 | $185,000 | $178 | 12 | 8 |
| 2022 | $162,000 | $156 | 7 | 9 |
| 2021 | $141,000 | $136 | 7 | 9 |
| 2020 | $125,000 | $121 | 23 | 7 |
| 2019 | $115,000 | $108 | 14 | 9 |
| 2017 | $84,000 | $81 | 31 | 10 |
| 2016 | $72,750 | $70 | 60 | 16 |
| 2015 | $68,000 | $66 | 25 | 8 |
| 2014 | $49,000 | $47 | 18 | 7 |
| 2013 | $49,700 | $48 | 10 | 10 |
| 2012 | $42,500 | $41 | 26 | 8 |
Over the recorded series, Summer Place Condominium’s median sold price moved from $42,500 (2012) to $159,900 (12 months ending 2026-07-15) — +276% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $42,500. The 2020–22 run-up did what it did everywhere — Summer Place Condominium’s median moved +41% from 2019 to 2022. Against the 2023 peak of $185,000, the current median stands at -14%. Annual sales volume here has ranged from 2 to 16 closings a year (10-yr average 7.4). Small-community medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure in the table above.
Momentum’s market-heat index for Summer Place Condominium reads 37/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
For buyers, the same table reads the other way: the sold medians above are what the market has actually been paying — an asking price meaningfully above the recent closed record, in a community absorbing at the rates shown, is an opening position, not a value.
The pattern in the statewide failure data applies here too: homes priced against the latest closed sales sell; homes priced against hope join the 201,552 that didn’t. The table above is the closed-sale record to price against.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A Momentum agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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More Summer Place Condominium: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs
Based on information from the Space Coast MLS for the period %s through %s. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures