Merritt Towers Condo Ph Ii
Homes for Sale in Merritt Island, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Price here is condition-driven, not amenity-driven. The current MLS snapshot identifies no shared amenities, so what a unit trades for comes down to its interior finish, floor position, and view rather than any building perks. The median sits at $273,500, or about $222 per square foot, and the spread around that median is best understood through the specific unit in front of you.
The market posture is slow and soft. Days on market run to roughly 120, year-over-year pricing is down 14.5%, and the heat score of 11 tells you this is a buyer's setting. Sellers should price to the current market from day one and expect a patient timeline; buyers have room to negotiate and little reason to rush.
Merritt Towers Condo Ph Ii right now
🔴 Off the recent peak. The trailing-12-month median ($274K) is down 14.5% from the prior 12 months ($320K). With about 6 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 (4 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
Merritt Towers Condo Ph Ii market snapshot (as of July 15, 2026): the median sale price is about $274K ($222 per sq ft over the trailing 12 months of closed sales), and a median 120 days on market for closed sales. The trailing-12-month median is down 14% from the prior 12 months, computed from record-level Space Coast MLS closed sales (4 closings in the current window).
Merritt Towers Condo Ph II is a small-volume condo market on Merritt Island in Brevard County, where only four closings frame the current picture. That thin sample means every recent sale carries weight, so read the comps carefully rather than leaning on averages.
Who Merritt Towers Condo Ph Ii is best for.
Best for
- Buyers targeting a Merritt Island condo around the mid-$270s who want time to inspect and negotiate
- Value-focused buyers comfortable weighing condition against price in a soft market
- Long-hold owners who are not counting on a quick exit
Probably not for
- Sellers who need to close fast in a market averaging roughly 120 days
- Buyers who want shared building amenities, none of which appear in current listings
- Anyone expecting near-term price gains after a 14.5% year-over-year decline
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 ($274K) IS the median in the snapshot above, and the move from 2025 ($320K) IS the -14.5% one-year change.
Windows contain 0 to 9 sales each (4 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 Merritt Towers Condo Ph Ii buying strategy.
If we were buying in Merritt Towers Condo Ph Ii 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 Merritt Towers Condo Ph Ii.
A thin, slow-moving condo market
With just four closings in the window, this is a low-liquidity market. A single unusual sale can move the median in either direction, so treat the $273,500 figure and the $222 per-square-foot mark as a starting reference, not a fixed valuation. The right comparison is the unit most like the one you are considering.
The pace supports a deliberate approach. At roughly 120 days on market and pricing off 14.5% year over year, listings are not clearing quickly. For a buyer, that is leverage and time to inspect. For a seller, it argues for sharp initial pricing and realistic expectations on how long the process takes.
The location and the amenities are priced into every listing in Merritt Towers Condo Ph Ii. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin, the median tells you less than the individual comps do. We read each recent closing against the specific unit you are buying or selling — floor, layout, condition, view — and price to what the current, softer market will actually bear rather than to a headline number.
Merritt Towers Condo Ph Ii 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 Merritt Towers Condo Ph Ii 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 Merritt Towers Condo Ph Ii sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Merritt Towers Condo Ph Ii, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Merritt Towers Condo Ph Ii home worth?
Get a no-obligation home value based on real comparable sales in Merritt Towers Condo Ph Ii, 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 Merritt Towers Condo Ph Ii?
How long do homes in Merritt Towers Condo Ph Ii take to sell?
Who is the best real estate agent for Merritt Towers Condo Ph Ii?
How do I find a top Merritt Island real estate agent who knows Merritt Towers Condo Ph Ii?
Can Momentum Realty connect me with an agent for Merritt Towers Condo Ph Ii?
Should you buy in Merritt Towers Condo Ph Ii?
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 2005 (94 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?
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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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