Tralee Bay Shores
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County
Median sale $742K
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Built fromLive Space Coast MLS data18 years of closingsUpdated twice daily
Live · Tralee Bay Shores Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$742K
Median sold · 12 mo
$293/sf
Sold $/sqft · 12 mo
peak $308 in 2023
97.5%
Sale vs ask
Brevard median: 96.2%
Tempo
31days
Median DOM · closed
13 days at the 2023 low
5
Sold · last 12 mo
10-yr average: about 4 a year
Track record · 18 years of records
2,436sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Tralee Bay Shores sits at a median of $741,500 with a median around $293 per square foot, which tells you price here is driven more by the home itself — size, condition, updates — than by any shared community structure. There are no amenities identified from current MLS listings, so you are paying for the house and the location in Melbourne, not for a gated entry or a clubhouse.

With a median of 31 days on market and only five recent closings, this is a thin, deal-by-deal market rather than a fast-moving one. Sellers should price to condition from day one and expect the buyer pool to be selective; buyers have room to be deliberate, but the small sample means each comparable carries real weight.

The 60-Second Overview

Tralee Bay Shores market snapshot (as of July 15, 2026): the median sale price is about $742K ($293 per sq ft over the trailing 12 months of closed sales), and a median 31 days on market for closed sales.

This is a higher-priced Melbourne enclave in Brevard County where value tracks the individual home, not community features — the per-square-foot median points to homes that compete on space and finish.

Best for

  • Buyers with a budget in the mid-$700s looking for space and finish in a Brevard coastal-area setting
  • Deliberate buyers comfortable underwriting a home on its own merits with limited comparables
  • Sellers willing to price to condition and market patiently in a low-volume window

Probably not for

  • Buyers who need a clubhouse, pool, or gated amenities as part of the purchase
  • Buyers on a tighter budget who need pricing well below the mid-$700s median
  • Sellers who need a quick sale in a deep, fast-turning market

Windows contain 2 to 10 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.

Median sale price · trailing 12 mo
$400K$600K$800K20122014201620182020202220242026
Every sale since 2008 · price vs size
$0$250K$500K$750K2k2k3k
67 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$150$200$250$30020122014201620182020202220242026
Up from $179 in 2012 to a $308 peak in 2023; $293 now.
Median days on market · closed sales
5010020122014201620182020202220242026
13 days at the 2023 low; 31 now.
Sale price vs original ask · median
94%96%98%100%20122014201620182020202220242026
97.5% now vs Brevard 96.2%.
Homes sold per 12-mo window
051020122014201620182020202220242026
2 to 10 a year; 5 in the current window.

If we were buying in Tralee Bay Shores 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 Tralee Bay Shores.

Best Buy
Buyers targeting a larger or updated Melbourne home who value the house over shared amenities.
Biggest Risk
A thin comp set makes valuation and appraisals more sensitive to individual sales.
Sweet Spot
A well-updated home priced honestly to condition near the $741,500 median.
Avoid If
You want community amenities or a fast, high-volume market to move quickly.

A condition-driven market with a shallow comp set

The two numbers that matter most here are the per-square-foot median of roughly $293 and the fact that no community amenities show up in current listings. Together they mean pricing is a function of the house: square footage, updates, and how the home shows. Expect a wide spread between dated and updated homes even at similar sizes, and don't read the median as a fixed target for any given property.

With just five closings in the recent window and a 31-day median, appraisals and negotiations lean heavily on a small number of comparables. That cuts both ways — a single well-priced sale can reset expectations, and a stale listing can drag perception. Both sides benefit from underwriting each comp carefully rather than trusting the average.

The location and the amenities are priced into every listing in Tralee Bay Shores. 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 market with only a handful of recent closings and no amenity story to lean on, the pricing work is everything. We build the case home by home — square footage, condition, and the specific comps that actually apply — so sellers list at a defensible number and buyers know when a price reflects the house versus wishful thinking.

Tralee Bay Shores in 15 seconds.

Best forBuyers targeting a larger or updated Melbourne home who value the house over shared amenities.
Biggest advantagePrice is transparent — you're paying for the home itself, not community overhead.
Biggest riskA thin comp set makes valuation and appraisals more sensitive to individual sales.
Sweet spotA well-updated home priced honestly to condition near the $741,500 median.
Avoid ifYou want community amenities or a fast, high-volume market to move quickly.

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 Tralee Bay Shores sales matched to your home.

What is your Tralee Bay Shores home worth?

Get a no-obligation home value based on real comparable sales in Tralee Bay Shores, 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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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Tralee Bay Shores?
The median sale price in Tralee Bay Shores was $742K over the 12 months ending July 15, 2026 (5 closed sales, Space Coast MLS).
How long do homes in Tralee Bay Shores take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 31 days on market (5 sales, Space Coast MLS).
Who is the best real estate agent for Tralee Bay Shores?
The best agent for Tralee Bay Shores 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 Tralee Bay Shores.
How do I find a top Melbourne real estate agent who knows Tralee Bay Shores?
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 Tralee Bay Shores and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Tralee Bay Shores?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Tralee Bay Shores purchase or sale - no call center and no pressure.
Buyers with a budget in the mid-$700s looking for space and finish in a Brevard coastal-area settingExcellent fit
Deliberate buyers comfortable underwriting a home on its own merits with limited comparablesExcellent fit
Sellers willing to price to condition and market patiently in a low-volume windowExcellent fit
Buyers who need a clubhouse, pool, or gated amenities as part of the purchaseProbably not
Buyers on a tighter budget who need pricing well below the mid-$700s medianProbably not
Sellers who need a quick sale in a deep, fast-turning marketProbably 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 2008 (67 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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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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