Pineda Ridge Subdivision Phase 2
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County
Median sale $472K
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Built fromLive Space Coast MLS data15 years of closingsUpdated twice daily
Live · Pineda Ridge Subdivision 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
$472K
Median sold · 12 mo
$235/sf
Sold $/sqft · 12 mo
peak $239 in 2024
95.5%
Sale vs ask
Brevard median: 96.2%
Tempo
60days
Median DOM · closed
7 days at the 2016 low
9
Sold · last 12 mo
10-yr average: about 8 a year
Track record · 15 years of records
1,947sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Pineda Ridge Phase 2 sits at a median of $472,500, or about $235 per square foot. With no community amenities pulling weight, price here is driven by the homes themselves — condition, updates, lot, and square footage do the talking, not shared facilities. That means the spread between a dated listing and a well-kept one can be meaningful, and per-square-foot is your sharper tool than sticker price.

Median days on market is 60, which is a measured pace — not stalled, not frantic. Sellers should price against recent condition-adjusted comps rather than hope, and buyers have room to inspect, negotiate, and walk if the numbers don't work. This is a market that rewards patience on both sides.

The 60-Second Overview

Pineda Ridge Subdivision Phase 2 market snapshot (as of July 15, 2026): the median sale price is about $472K ($235 per sq ft over the trailing 12 months of closed sales), and a median 60 days on market for closed sales.

Pineda Ridge Phase 2 is a small, quietly-traded pocket of Melbourne in Brevard County where the house itself, not amenities, sets the value. The thin recent sales count means each comp carries weight.

Best for

  • Buyers targeting a mid-$470s Melbourne purchase who will judge value by condition and square footage
  • Patient shoppers comfortable with a roughly 60-day market who want time to inspect and negotiate
  • Buyers who prefer no amenity-tied association overhead and value in the house itself

Probably not for

  • Buyers who want resort-style shared amenities baked into the community
  • Those needing a fast, high-turnover market with plentiful recent comps
  • Anyone counting on quick resale liquidity in a low-volume phase

Windows contain 1 to 15 sales each (9 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
$300K$400K$500K20122014201620182020202220242026
Every sale since 2011 · price vs size
$0$200K$400K$600K2k2k2k3k
114 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$200$25020122014201620182020202220242026
Up from $95 in 2012 to a $239 peak in 2024; $235 now.
Median days on market · closed sales
025507520122014201620182020202220242026
7 days at the 2016 low; 60 now.
Sale price vs original ask · median
96%98%100%20122014201620182020202220242026
95.5% now vs Brevard 96.2%.
Homes sold per 12-mo window
05101520122014201620182020202220242026
1 to 15 a year; 9 in the current window.

If we were buying in Pineda Ridge Subdivision 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 Pineda Ridge Subdivision Phase 2.

Best Buy
Buyers who want a Melbourne home judged on its own merits, not amenity extras.
Biggest Risk
Thin closing volume means comps are scarce and each one carries outsized weight.
Sweet Spot
A well-kept home priced near the $472,500 median on solid per-square-foot terms.
Avoid If
You need shared amenities or a fast, high-liquidity resale market.

Reading a thin market

With only 9 closings in the tracked window, this is a low-volume subdivision. That's not a red flag — smaller phases simply turn over less — but it does change how you underwrite a purchase or set a list price. One or two atypical sales can tug the median, so lean on per-square-foot and condition rather than headline price alone.

The absence of identified community amenities means there are no shared facilities to justify a premium or carry an association burden tied to them. Value lives in the individual property: square footage, finishes, and lot. At roughly $235 per square foot, a buyer's best leverage is scrutinizing what a given home actually delivers against that number.

The location and the amenities are priced into every listing in Pineda Ridge Subdivision 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 low-volume phase like this, comp selection is everything, and a bad comp can cost you real money on either side of the table. We build condition-adjusted comparisons from the ground up, weigh per-square-foot against the median honestly, and tell you plainly when a listing is priced ahead of what its finishes support.

Pineda Ridge Subdivision Phase 2 in 15 seconds.

Best forBuyers who want a Melbourne home judged on its own merits, not amenity extras.
Biggest advantageValue is condition-driven, so a sharp eye on updates and square footage pays off.
Biggest riskThin closing volume means comps are scarce and each one carries outsized weight.
Sweet spotA well-kept home priced near the $472,500 median on solid per-square-foot terms.
Avoid ifYou need shared amenities or a fast, high-liquidity resale market.

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 Pineda Ridge Subdivision Phase 2 sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Pineda Ridge Subdivision Phase 2?
The median sale price in Pineda Ridge Subdivision Phase 2 was $472K over the 12 months ending July 15, 2026 (9 closed sales, Space Coast MLS).
How long do homes in Pineda Ridge Subdivision Phase 2 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 60 days on market (9 sales, Space Coast MLS).
Who is the best real estate agent for Pineda Ridge Subdivision Phase 2?
The best agent for Pineda Ridge Subdivision 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 Pineda Ridge Subdivision Phase 2.
How do I find a top Melbourne real estate agent who knows Pineda Ridge Subdivision 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 Pineda Ridge Subdivision Phase 2 and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Pineda Ridge Subdivision Phase 2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Pineda Ridge Subdivision Phase 2 purchase or sale - no call center and no pressure.
Buyers targeting a mid-$470s Melbourne purchase who will judge value by condition and square footageExcellent fit
Patient shoppers comfortable with a roughly 60-day market who want time to inspect and negotiateExcellent fit
Buyers who prefer no amenity-tied association overhead and value in the house itselfExcellent fit
Buyers who want resort-style shared amenities baked into the communityProbably not
Those needing a fast, high-turnover market with plentiful recent compsProbably not
Anyone counting on quick resale liquidity in a low-volume phaseProbably 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 2011 (114 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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