Quail Ridge Condo
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
At a median of $167,500 and roughly $156 per square foot, Quail Ridge is priced as an entry-level condo play in Melbourne. With no amenities identified from current MLS listings, what you're buying here is the unit itself and the location — not a resort package — so price separation between listings tends to come down to condition, floor, and updates rather than shared features.
The posture right now favors patience. Median days on market sits at 83 — call it just under three months — and the year-over-year median is down 16.2%, on a thin window of only 5 recent closings. That combination means sellers should price to the current market, not last year's, and buyers have room to negotiate and to underwrite condition carefully rather than assume upward momentum.
Quail Ridge Condo right now
🔴 Off the recent peak. The trailing-12-month median ($168K) is down 16.2% from the prior 12 months ($200K) and up 228% since 2012. 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 (5 and 8 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
Quail Ridge Condo market snapshot (as of July 15, 2026): the median sale price is about $168K ($156 per sq ft over the trailing 12 months of closed sales), and a median 83 days on market for closed sales. The trailing-12-month median is down 16% from the prior 12 months and up 228% since 2012, computed from record-level Space Coast MLS closed sales (5 closings in the current window).
Quail Ridge is a small-transaction condo community in Melbourne where the sales picture is built on very few closings, so any single sale moves the averages — read the numbers as directional, not precise.
Who Quail Ridge Condo is best for.
Best for
- Budget-focused buyers targeting the lower end of Melbourne's condo pricing who don't need shared amenities
- Long-horizon owners comfortable holding through a soft year to benefit from the community's multi-year price history
- Value hunters willing to buy a dated unit and invest in updates to capture the spread
Probably not for
- Buyers who want on-site amenities as part of the purchase
- Anyone needing a quick resale in a fast-moving market, given the 83-day median on market
- Buyers who want tight, data-rich comps before committing, since closing volume here is very thin
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 ($168K) IS the median in the snapshot above, and the move from 2025 ($200K) IS the -16.2% one-year change.
Windows contain 4 to 9 sales each (5 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 Quail Ridge Condo buying strategy.
If we were buying in Quail Ridge 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 Quail Ridge Condo.
A condition-driven condo market
The long-term line here is genuinely strong: the median is up 228% since 2012. But recent data pulls the other way, with the median off 16.2% year over year. Both can be true — a durable long-run climb and a soft current stretch — and the thin 5-closing window means the recent drop should be weighed with caution rather than treated as a firm trend.
Because no community amenities show up in current listings, value differences within Quail Ridge lean heavily on the individual unit: updates, layout, and overall condition. Expect a wide spread between move-in-ready and dated units, and budget for that gap rather than anchoring to the median alone. An 83-day median on market gives buyers time to inspect and compare instead of rushing.
The location and the amenities are priced into every listing in Quail Ridge 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 Quail Ridge 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 (5.2). Basis: Long-Term Appreciation +228% since 2012; Recent Direction -16.2% year-over-year; Pricing Power 90.7% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a low-volume community like Quail Ridge, comps are scarce and a single outlier sale can distort the picture — so pricing and negotiation depend on reading each unit's condition against a thin data set rather than leaning on a robust average. We'll help sellers set a number that matches today's market, and help buyers underwrite condition and days-on-market leverage so you don't overpay in a soft stretch.
Quail Ridge 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 Quail Ridge 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 Quail Ridge Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Quail Ridge 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 Quail Ridge Condo home worth?
Get a no-obligation home value based on real comparable sales in Quail Ridge 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 Quail Ridge Condo?
How long do homes in Quail Ridge Condo take to sell?
Have Quail Ridge Condo home prices gone up?
Who is the best real estate agent for Quail Ridge Condo?
How do I find a top Melbourne real estate agent who knows Quail Ridge Condo?
Can Momentum Realty connect me with an agent for Quail Ridge Condo?
Should you buy in Quail Ridge 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 2005 (121 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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