Westwood Condo
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Price here is driven by condition and unit specifics, not by amenities — there are none identified in the current MLS listings. The median sits at $101,450, or about $134.58 per square foot, which tells you this is a low-entry, condo-scale market where the individual unit's updates and floor plan do most of the work in setting a number.
The posture right now favors a patient buyer. Median days on market run to 103.5 — slow by any measure — the market heat score is a rock-bottom 10, and prices are down 29.3% year over year off a thin base of just 4 recent closings. Sellers should expect to sit and negotiate; buyers have time and leverage, but should read the small sample size as a caution against reading too much into any single comp.
Westwood Condo right now
🔴 Off the recent peak. The trailing-12-month median ($101K) is down 29.3% from the prior 12 months ($144K) and up 182% 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 (4 and 12 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
Westwood Condo market snapshot (as of July 15, 2026): the median sale price is about $101K ($135 per sq ft over the trailing 12 months of closed sales), and a median 104 days on market for closed sales. The trailing-12-month median is down 29% from the prior 12 months and up 182% since 2012, computed from record-level Space Coast MLS closed sales (4 closings in the current window).
Westwood Condo is a small, low-priced condo market in Melbourne where value turns almost entirely on the unit itself. With only 4 recent closings, every sale carries outsized weight in the numbers.
Who Westwood Condo is best for.
Best for
- Buyers with a modest budget who want the lowest entry point they can find in the area
- Investors comfortable underwriting a unit on its own condition rather than on comps
- Patient buyers willing to negotiate against slow days on market
Probably not for
- Buyers who need amenities on site — none are identified in current listings
- Sellers who need to move quickly, given a 103.5-day median time on market
- Anyone counting on fast resale or short-term price certainty
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 ($101K) IS the median in the snapshot above, and the move from 2025 ($144K) IS the -29.3% one-year change.
Windows contain 3 to 12 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.
The Westwood Condo buying strategy.
If we were buying in Westwood 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 Westwood Condo.
A thin, slow condo market
Two data points define the trading environment: a 103.5-day median time on market and a heat score of 10. Together they describe a market with little urgency, where listings linger and pricing conversations are extended. The 29.3% year-over-year decline looks dramatic, but with only 4 closings in the window, it reflects the mix of what happened to sell as much as any broad directional move.
The longer view is more constructive: values are up 182% since 2012. That is history, not a forecast — it says nothing about what comes next — but it does frame Westwood as a market that has moved meaningfully over a long horizon. For today's decisions, the near-term signals matter more: soft demand, slow absorption, and a median that anchors around the low $100s.
The location and the amenities are priced into every listing in Westwood 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 Westwood 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 (3.3). Basis: Long-Term Appreciation +182% since 2012; Recent Direction -29.3% year-over-year; Pricing Power 78.4% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market this thin, the comps do not tell the whole story — 4 closings and a 103.5-day median mean you need someone who can read each unit on its own merits and price accordingly. We tell sellers what the slow days-on-market really requires and show buyers where the leverage sits, without pretending a single sale sets the trend.
Westwood 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 Westwood 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 Westwood Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Westwood 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 Westwood Condo home worth?
Get a no-obligation home value based on real comparable sales in Westwood 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.
See homes for sale in Westwood Condo on the map →
Frequently Asked Questions
What is the median home price in Westwood Condo?
How long do homes in Westwood Condo take to sell?
Have Westwood Condo home prices gone up?
Who is the best real estate agent for Westwood Condo?
How do I find a top Melbourne real estate agent who knows Westwood Condo?
Can Momentum Realty connect me with an agent for Westwood Condo?
Should you buy in Westwood 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 2004 (111 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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