Pine Creek Phase 2
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County
Median sale $315K
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Built fromLive Space Coast MLS data22 years of closingsUpdated twice daily
Live · Pine Creek Phase 2 Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$315K
Median sold · 12 mo
down 10.0% vs the prior 12 months
-10.0%
1-yr price change
n = 4 and 5 sales in the two windows
$188/sf
Sold $/sqft · 12 mo
peak $221 in 2025
91.1%
Sale vs ask
Brevard median: 96.2%
Tempo
121days
Median DOM · closed
7 days at the 2021 low
4
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 22 years of records
1,786sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price in Pine Creek Phase 2 is being set by condition and patience, not by amenities or scarcity. There is nothing here to bid up — no community perks show in current MLS listings — so the median lands at $315,000, or roughly $188 per square foot. What separates one closing from the next is the state of the home and how a seller has handled time on market.

The posture right now favors buyers. A median of 121 days to sell is slow, and prices are down 10% year over year, which tells you sellers are absorbing the softness rather than the other way around. For a buyer, that means room to negotiate on terms and condition. For a seller, it means pricing to the current market on day one — chasing it down over four months is the expensive way to learn that lesson.

Pine Creek Phase 2 Housing Pulse · Momentum Research · as of July 15, 2026

Pine Creek Phase 2 right now

🔴 Off the recent peak. The trailing-12-month median ($315K) is down 10.0% from the prior 12 months ($350K). With about 2 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).

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

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

Pine Creek Phase 2 market snapshot (as of July 15, 2026): the median sale price is about $315K ($188 per sq ft over the trailing 12 months of closed sales), and a median 121 days on market for closed sales. The trailing-12-month median is down 10% from the prior 12 months, computed from record-level Space Coast MLS closed sales (4 closings in the current window).

Pine Creek Phase 2 is a straightforward Melbourne subdivision where the value is in the houses themselves, not shared amenities. Expect a slow, condition-driven market where a well-prepared listing stands out simply by being turnkey.

Best for

  • Patient buyers with a mid-$300s budget who want time to negotiate on condition and terms
  • Buyers seeking a standalone home who do not need shared community amenities
  • Renovation-minded buyers willing to price a dated home against a turnkey one

Probably not for

  • Sellers who need to close quickly and cannot ride out a roughly 120-day market
  • Buyers expecting community amenities, since none show in current listings
  • Short-horizon buyers counting on near-term appreciation amid a 10% year-over-year decline

Windows contain 0 to 5 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.

Median sale price · trailing 12 mo
$200K$250K$300K$350K20122014201620182020202220242026
Down 10.0% year over year.
Every sale since 2004 · price vs size
$0$200K$400K1k2k2k2k
44 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$150$20020122014201620182020202220242026
Up from $123 in 2012 to a $221 peak in 2025; $188 now.
Median days on market · closed sales
05010020122014201620182020202220242026
7 days at the 2021 low; 121 now.
Sale price vs original ask · median
95%100%20122014201620182020202220242026
91.1% now vs Brevard 96.2%.
Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 5 a year; 4 in the current window.

If we were buying in Pine Creek Phase 2 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 Pine Creek Phase 2.

Best Buy
Buyers who value negotiating room and are not in a hurry.
Biggest Risk
A thin sample of four closings and a 10% year-over-year drop.
Sweet Spot
A move-in-ready home bought patiently at a well-supported price.
Avoid If
You need to sell fast or want built-in community amenities.

A patience market, priced on condition

With no community amenities identified from current listings, the pricing conversation here is almost entirely about the individual home — square footage, updates, and readiness to move in. The median near $188 per square foot is a reference point, not a rule; a dated interior and a renovated one will not trade at the same number, and the spread reflects that.

The 121-day median tells the real story of the pace. Homes are not turning quickly, and the year-over-year decline of 10% shows the direction of travel. Read this as a market where the buyer who is willing to wait for the right house has leverage, and the seller who prices realistically and shows a clean, ready home is the one who actually closes. Note that these signals rest on a thin base of four recent closings, so treat any single data point with appropriate caution.

The location and the amenities are priced into every listing in Pine Creek Phase 2. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a slow, thinly traded market like this, the number that matters most is your entry or exit price, and there is no shortcut to getting it right. We read Pine Creek Phase 2 off the actual closings rather than wishful list prices, and we will tell a seller plainly what the 121-day pace and the year-over-year softness mean for their timeline — and show a buyer where the negotiating room really is.

Pine Creek Phase 2 in 15 seconds.

Best forBuyers who value negotiating room and are not in a hurry.
Biggest advantageA buyer-leaning market with time and terms on your side.
Biggest riskA thin sample of four closings and a 10% year-over-year drop.
Sweet spotA move-in-ready home bought patiently at a well-supported price.
Avoid ifYou need to sell fast or want built-in community amenities.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Pine Creek Phase 2 sales matched to your home.

What is your Pine Creek Phase 2 home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Pine Creek Phase 2?
The median sale price in Pine Creek Phase 2 was $315K over the 12 months ending July 15, 2026 (4 closed sales, Space Coast MLS).
How long do homes in Pine Creek Phase 2 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 121 days on market (4 sales, Space Coast MLS).
Who is the best real estate agent for Pine Creek Phase 2?
The best agent for Pine Creek Phase 2 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 Pine Creek Phase 2.
How do I find a top Melbourne real estate agent who knows Pine Creek Phase 2?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Pine Creek Phase 2 and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Pine Creek Phase 2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Pine Creek Phase 2 purchase or sale - no call center and no pressure.
Patient buyers with a mid-$300s budget who want time to negotiate on condition and termsExcellent fit
Buyers seeking a standalone home who do not need shared community amenitiesExcellent fit
Renovation-minded buyers willing to price a dated home against a turnkey oneExcellent fit
Sellers who need to close quickly and cannot ride out a roughly 120-day marketProbably not
Buyers expecting community amenities, since none show in current listingsProbably not
Short-horizon buyers counting on near-term appreciation amid a 10% year-over-year declineProbably not

Data sources & freshness

Community market statsSpace Coast MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2004 (44 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.

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