Garretts Run Condo in Melbourne
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Live Market Pulse
19/100
Market Heat
Cooler than normal
2013 → 2026 · 89 at the 2017 peak
0 is Garretts Run Condo's coldest market since 2013, 100 its hottest. Today: 19. How it's scored

Photo via Space Coast MLS

Built fromLive Space Coast MLS data22 years of closingsUpdated twice daily

As of September 2026, Garretts Run Condo in Melbourne, FL has 3 homes for sale. Over the 12 months ending 2026-09-12, 10 recorded sales closed at a median of $151,250, $130 per square foot, a median 61 days on market, sellers accepting 88% of original asking (-11% versus the prior year). Homes listed or recently sold were built 1984–1984; 14 of 14 report an HOA (median $481/mo); none of the 11 geocoded homes sit in a FEMA special flood hazard zone (median elevation 21 ft). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $2,360 ($1,740 with the full homestead exemption).

Live · Garretts Run Condo Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$151K
Median sold · 12 mo
down 11.0% vs the prior 12 months
-11.0%
1-yr price change
n = 10 and 5 sales in the two windows
$130/sf
Sold $/sqft · 12 mo
peak $165 in 2023
87.8%
Sale vs ask
Brevard median: 95.6%
+278%
T12M median vs 2012
from a $40K median in 2012
Tempo
3.6mo
Supply
3 to 6 months is the balanced band
62days
Median DOM · closed
5 days at the 2017 low
25%
Under contract
Brevard: 27% (1,495 of 5,582)
3 · 1
For sale · pending
live counts, refreshed twice daily
10
Sold · last 12 mo
10-yr average: about 9 a year
Track record · 22 years of records
1,162sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Garretts Run Condo

Live MLS inventory for Garretts Run Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Garretts Run Condo listings as of 2026-09-15, priced high to low. Based on information from the Space Coast MLS for the period 2004 through 2026. Tap any home to ask about it.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

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 Housing Pulse · Momentum Research · as of September 12, 2026

Garretts Run Condo right now

🟡 Balanced market. 3.6 months of supply and 25% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of September 12, 2026. Confidence: Medium (4 active and pending listings, 10 closed sales in 12 months).

🔴 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 September 12. Confidence: Low (10 and 5 sales in the two windows).

What's unique here: the median sale price is about 57% below the typical Brevard County sale ($151K vs $353K, trailing 12 months, Space Coast MLS records).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 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 September 12, 2026): the median sale price is about $151K ($130 per sq ft over the trailing 12 months of closed sales), a median 62 days on market for closed sales, and 3.6 months of supply, a balanced market. 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).

In ZIP 32904 (Melbourne), 2,175 homes closed in the last 12 months at a median of $319K ($188/sq ft), down 1.0% year over year, with a median 49 days on market. Right now 32 active and 8 pending listings put supply at about 4.6 months — a balanced market. See the live ZIP 32904 housing market and the Brevard County market.

Space Coast MLS sales records identify 68 homes in Garretts Run Condo that have changed hands since 2006, built between 1984 and 1984 (median 1984), with a median living area of about 1,162 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

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

Windows contain 4 to 19 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 2004 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$50K$100K$150K$200K20122014201620182020202220242026
Down 11.0% year over year; up 278% since 2012.
Every sale since 2004 · price vs size
$0$100K$200K1k1k1k
187 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$50$100$15020122014201620182020202220242026
Up from $33 in 2012 to a $165 peak in 2023; $130 now.
Median days on market · closed sales
05010020122014201620182020202220242026
5 days at the 2017 low; 62 now.
Sale price vs original ask · median
90%100%20122014201620182020202220242026
87.8% now vs Brevard 95.6%.
Homes sold per 12-mo window
0102020122014201620182020202220242026
4 to 19 a year; 10 in the current window.
Indexed since 2012 · Garretts Run Condo vs Brevard
200400Brevard +236%Garretts Run Condo +278%20122014201620182020202220242026
Same Space Coast MLS record, indexed to 100 at 2012.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620182020202220242026
89 at the 2017 peak, 12 in the troughs, 19 now. Same score as the hero card, full history.
How much local inventory is already under contract

28% of homes for sale in ZIP 32904 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-12).

Garretts Run Condo Market Scorecard

Balanced

Garretts Run Condo is currently a balanced market. About 3.6 months of supply, a median asking price of $145,000.

3.6
Months supply
$145,000
Median list
$151,250
Median sold
$119
List $/sqft
3/1/10
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Space Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Roy Allen · Elementary
  • Central · Middle
  • Melbourne · High

Zoned schools reflect the assignments reported on recent Garretts Run Condo listings and can change; always confirm with Brevard County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Garretts Run Condo address.

If we were buying in Garretts Run Condo today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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.

Best Buy
Budget-conscious buyers and investors looking for an affordable Melbourne entry point.
Biggest Risk
Prices are down 11% year over year, and there are no amenities to buffer value.
Sweet Spot
An updated unit bought at a disciplined price in a slow market.
Avoid If
You need amenities or expect a fast, competitive resale.

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.

Jon Brooks · Founder, Momentum Realty
5.4C · Buy Score
Long-Term Appreciation10.0/10
Recent Direction3.2/10
Liquidity & Demand6.4/10
Pricing Power1.9/10

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 4 factors (5.4). Basis: Long-Term Appreciation +278% since 2012; Recent Direction -11.0% year-over-year; Liquidity & Demand 3.6 months of supply; 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.

Best forBudget-conscious buyers and investors looking for an affordable Melbourne entry point.
Biggest advantageA buyer-friendly pace with room to negotiate and time to inspect.
Biggest riskPrices are down 11% year over year, and there are no amenities to buffer value.
Sweet spotAn updated unit bought at a disciplined price in a slow market.
Avoid ifYou need amenities or expect a fast, competitive resale.

HOA, CDD & Fees

In short
  • HOA dues reported around $481/month (about $5,772/yr) · median of 20 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $481 per month ($5,772 a year) — the median AssociationFee across 20 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

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.

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?
The median sale price in Garretts Run Condo was $151K over the 12 months ending September 12, 2026 (10 closed sales, Space Coast MLS).
How long do homes in Garretts Run Condo take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 62 days on market (10 sales, Space Coast MLS).
Is Garretts Run Condo a buyer's or seller's market right now?
As of September 12, 2026, Garretts Run Condo is roughly balanced: 3.6 months of supply at the current sales pace (Space Coast MLS live counts).
Have Garretts Run Condo home prices gone up?
The trailing-12-month median is up 278% since 2012, from $40K to $151K (Space Coast MLS closed records).
Who is the best real estate agent for Garretts Run Condo?
The best agent for Garretts Run Condo is one who actively works Melbourne and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Garretts Run Condo.
How do I find a top Melbourne real estate agent who knows Garretts Run Condo?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Garretts Run Condo and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Garretts Run Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Garretts Run Condo purchase or sale - no call center and no pressure.
First-time buyers seeking a low entry price near the mid-$150sExcellent fit
Investors targeting an affordable per-square-foot basis with negotiating roomExcellent fit
Buyers who value location over shared amenities and will renovate to tasteExcellent fit
Buyers who want a pool, gym, or gated community as part of the packageProbably not
Anyone needing to buy and resell quickly in a slow-moving marketProbably not
Buyers uncomfortable with a market that has softened over the past yearProbably not

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: September 15, 2026)
Community market statsSpace Coast MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2004 (187 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 local comps.

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CallFree valuation →
Thinking of selling in Garretts Run Condo? 10 recorded closings; median 61 days on market (window ending 2026-09-12). See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Garretts Run with Momentum Realty’s local guides.

GAGreenboro Acres0.0 mi away · median $133K, 3 sales/12 moHCHunters Creek0.1 mi away · median $378K, 4 sales/12 moHCHunters Creek (Brevard)0.1 mi away · median $350K, 3 sales/12 moTimberlake0.3 mi away · 57 homes, built 1979–15, 1 for saleSESheridan Estates0.4 mi away · 1 for saleSESylvan Estates0.5 mi away · 1 for sale

Browse all neighborhood guides →

More Melbourne & Space Coast / Brevard County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Space Coast / Brevard County or the full Neighborhood Finder.

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