Tralee Bay Shores Phase 1
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County
Median sale $730K
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Built fromLive Space Coast MLS data18 years of closingsUpdated twice daily
Live · Tralee Bay Shores Phase 1 Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$730K
Median sold · 12 mo
$264/sf
Sold $/sqft · 12 mo
peak $264 in 2026
97.5%
Sale vs ask
Brevard median: 96.2%
Tempo
22days
Median DOM · closed
10 days at the 2016 low
3
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 18 years of records
2,395sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

The price story in Tralee Bay Shores Phase 1 is condition-driven, not amenity-driven. With a median around $730,000 and roughly $264 per square foot, you're paying for the house itself — layout, finish level, and updates — rather than for shared community features, of which the current listings identify none. Two homes of similar size here can trade well apart depending on how much work each does or doesn't need.

At a median of 22 days on market, this is a reasonably brisk pace — closer to a market that rewards prepared buyers than one that lets them linger. Sellers who price to the median and present clean have leverage; buyers should come pre-approved and ready to move, because the well-prepared listing here doesn't sit long. Note the closings window is thin, so read the median as a directional signal rather than a deep statistical average.

The 60-Second Overview

Tralee Bay Shores Phase 1 market snapshot (as of July 15, 2026): the median sale price is about $730K ($264 per sq ft over the trailing 12 months of closed sales), and a median 22 days on market for closed sales.

Tralee Bay Shores Phase 1 is a Melbourne pocket in Brevard County where value tracks the individual home rather than any shared amenity package — the current MLS listings identify none. Expect a wide spread between move-in-ready and dated inventory at similar footprints.

Best for

  • Buyers with a budget around the mid-$700s who want the home to carry the value, not a shared amenity package
  • Move-in-ready seekers willing to pay up for finish quality and updates
  • Prepared, pre-approved buyers who can act inside a roughly three-week window

Probably not for

  • Anyone who needs a pool, gate, or clubhouse — no community amenities are identified here
  • Bargain hunters expecting a fixed entry-level price rather than a wide condition-driven spread
  • Buyers who want a deep pool of comps to negotiate against before committing

Windows contain 0 to 9 sales each (3 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.

Every sale since 2008 · price vs size
$0$250K$500K$750K2k2k3k
38 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
025820122014201620182020202220242026
0 to 9 a year; 3 in the current window.

If we were buying in Tralee Bay Shores Phase 1 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 Phase 1.

Best Buy
Buyers targeting a single-family home in the mid-$700s who care more about the house than shared amenities.
Biggest Risk
Thin comps mean the median is directional, and dated homes can require real work.
Sweet Spot
A well-updated home priced near the median that presents clean.
Avoid If
You want community amenities — none are identified in current listings.

What the $264 per foot is actually buying

With no community amenities surfacing in current listings, the per-square-foot number is a fairly pure read on the houses themselves. That's useful: it means updates, finish quality, and condition move the needle here more than a pool or gate would elsewhere. A renovated home and a tired one at the same square footage can justify very different asks, and the median masks that gap.

The 22-day median tells you demand is present and inventory turns without much drama. Combined with a short closings window, that argues for treating each listing on its own merits rather than leaning hard on the aggregate. Comps are thin enough that a single well- or poorly-prepared sale can pull the average, so the story is in the individual home, not the headline stat.

The location and the amenities are priced into every listing in Tralee Bay Shores Phase 1. 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 this condition-sensitive and this thin on comps, the number that matters is the one under your specific roofline — and getting it right takes hands-on reads, not an aggregate. We price and evaluate homes in Tralee Bay Shores Phase 1 on their actual finish and footprint, and with a 22-day pace, we make sure buyers arrive prepared and sellers present ready so nobody leaves leverage on the table.

Tralee Bay Shores Phase 1 in 15 seconds.

Best forBuyers targeting a single-family home in the mid-$700s who care more about the house than shared amenities.
Biggest advantagePricing is condition-driven, so a renovated home is easy to distinguish and value.
Biggest riskThin comps mean the median is directional, and dated homes can require real work.
Sweet spotA well-updated home priced near the median that presents clean.
Avoid ifYou want community amenities — none are identified in current listings.

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 Phase 1 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 Tralee Bay Shores Phase 1?
The median sale price in Tralee Bay Shores Phase 1 was $730K over the 12 months ending July 15, 2026 (3 closed sales, Space Coast MLS).
How long do homes in Tralee Bay Shores Phase 1 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 22 days on market (3 sales, Space Coast MLS).
Who is the best real estate agent for Tralee Bay Shores Phase 1?
The best agent for Tralee Bay Shores Phase 1 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 Phase 1.
How do I find a top Melbourne real estate agent who knows Tralee Bay Shores Phase 1?
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 Phase 1 and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Tralee Bay Shores Phase 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Tralee Bay Shores Phase 1 purchase or sale - no call center and no pressure.
Buyers with a budget around the mid-$700s who want the home to carry the value, not a shared amenity packageExcellent fit
Move-in-ready seekers willing to pay up for finish quality and updatesExcellent fit
Prepared, pre-approved buyers who can act inside a roughly three-week windowExcellent fit
Anyone who needs a pool, gate, or clubhouse — no community amenities are identified hereProbably not
Bargain hunters expecting a fixed entry-level price rather than a wide condition-driven spreadProbably not
Buyers who want a deep pool of comps to negotiate against before committingProbably 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 (38 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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