Garretts Run Condo
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Garretts Run is a condo community in Melbourne where price is driven by the unit itself — condition, floor plan, and updates — far more than by any shared amenity, because there are none identified in the current listings. With a median around $130 per square foot and a median price near $151,250, this is one of the more accessible entries in the Brevard condo market, but the spread between a dated unit and an updated one can be wide. Read each listing on its own merits.
The current posture favors buyers. Prices are down 11% year over year, the median unit is taking just over 60 days to sell, and the market heat score of 18 points to a slow, unhurried pace. That means room to negotiate and time to inspect. For a seller, it means realistic pricing and patience — this is not a market where a stretch price gets absorbed.
Garretts Run Condo right now
🔴 Off the recent peak. The trailing-12-month median ($151K) is down 11.0% from the prior 12 months ($170K) and up 278% since 2012. With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Space Coast MLS closed sales, 12-month windows ending July 15. Confidence: Low (10 and 5 sales in the two windows).
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Updated July 15, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Garretts Run Condo market snapshot (as of July 15, 2026): the median sale price is about $151K ($130 per sq ft over the trailing 12 months of closed sales), and a median 62 days on market for closed sales. The trailing-12-month median is down 11% from the prior 12 months and up 278% since 2012, computed from record-level Space Coast MLS closed sales (10 closings in the current window).
Garretts Run is an entry-priced condo community in Melbourne with no shared amenities to underwrite value, so what you pay tracks the individual unit. Despite the recent year-over-year dip, values here are up 278% since 2012.
Who Garretts Run Condo is best for.
Best for
- First-time buyers seeking a low entry price near the mid-$150s
- Investors targeting an affordable per-square-foot basis with negotiating room
- Buyers who value location over shared amenities and will renovate to taste
Probably not for
- Buyers who want a pool, gym, or gated community as part of the package
- Anyone needing to buy and resell quickly in a slow-moving market
- Buyers uncomfortable with a market that has softened over the past year
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($151K) IS the median in the snapshot above, and the move from 2025 ($170K) IS the -11.0% one-year change.
Windows contain 1 to 20 sales each (10 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Space Coast MLS for the period %s through %s. Deemed reliable but not guaranteed.
The Garretts Run Condo buying strategy.
If we were buying in Garretts Run Condo today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Garretts Run Condo.
A condition-driven condo market
With a median price near $151,250 and a median of roughly $130 per square foot, Garretts Run sits at the affordable end of the Brevard condo spectrum. Because no community amenities show up in current MLS listings, buyers aren't paying a premium for pools, gyms, or gated entries — value comes down to the unit's size, layout, and level of update. That makes a careful walk-through and a close look at what's been renovated the single most important part of any offer here.
The pace tells the rest of the story. A median 61.5 days on market and a heat score of 18 describe a market that gives buyers time to think and leverage to negotiate. The 11% year-over-year decline sits against a 278% gain since 2012 — a reminder that the long arc has been steeply upward even as the recent stretch has cooled. Neither figure predicts the next move; both should shape how aggressively you price or bid today.
The location and the amenities are priced into every listing in Garretts Run Condo. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Garretts Run Condo buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.0). Basis: Long-Term Appreciation +278% since 2012; Recent Direction -11.0% year-over-year; Pricing Power 87.8% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a condition-driven community with no amenity story to lean on, the whole game is reading the individual unit against the comps — and knowing when a slow, soft market gives you room to push. We track the closings window here closely and will tell you plainly whether a given asking price fits the current pace or ignores it.
Garretts Run Condo in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Garretts Run Condo buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Garretts Run Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Garretts Run Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Garretts Run Condo home worth?
Get a no-obligation home value based on real comparable sales in Garretts Run Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Garretts Run Condo?
How long do homes in Garretts Run Condo take to sell?
Have Garretts Run Condo home prices gone up?
Who is the best real estate agent for Garretts Run Condo?
How do I find a top Melbourne real estate agent who knows Garretts Run Condo?
Can Momentum Realty connect me with an agent for Garretts Run Condo?
Should you buy in Garretts Run Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Space Coast MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2004 (185 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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