Melbourne, FL Price Reductions
A price reduction is the clearest signal a seller sends: the first number did not work. This tracker lists every Melbourne listing that lowered its asking price, updated nightly from the live MLS record — the old price, the new price, the size of the cut and how long the home has been on the market — so buyers can see where sellers are moving and sellers can see what their competition just did.
83 homes for sale in Melbourne, FL cut their asking price in the last 7 days and 269 in the last 30, out of 723 active listings (31% reduced at least once this month). The median reduction is 2.8% ($10,000). The largest cut this week was $54,550 on 3371 Galeras Drive in Pangea Park ($468,950 → $414,400).
Latest price reductions in Melbourne
| Listing | Community | Was | Now | Cut | DOM |
|---|---|---|---|---|---|
| 2915 Blazing Star Drive Oct 10 · 4 bd · 3.5 ba · 2,684 sf | — | $799,000 | $775,000 | −3.0% | 28 |
| 1790 Harlock Road Oct 10 · 5 bd · 4 ba · 2,245 sf | Indian River Groves And Gardens | $559,500 | $539,500 | −3.6% | — |
| 2684 Longwood Boulevard Oct 10 · 4 bd · 2 ba · 1,772 sf | Longwood | $539,000 | $519,000 | −3.7% | — |
| 1290 Mayflower Avenue Oct 10 · 2 bd · 2 ba · 1,616 sf | — | $325,000 | $310,000 | −4.6% | — |
| 1583 Alto Vista Drive Oct 10 · 4 bd · 3 ba · 2,483 sf | San Marino Estates | $889,000 | $875,000 | −1.6% | — |
| 1905 Stockton Street Oct 10 · 3 bd · 2.5 ba · 1,953 sf | Platts Resubd | $563,000 | $549,000 | −2.5% | — |
| 8763 Blissful Breeze Trail Oct 10 · 2 bd · 2 ba · 1,579 sf | Del Webb at Viera | $436,120 | $424,120 | −2.8% | — |
| 8763 Blissful Breeze Trail Oct 10 · 2 bd · 2 ba · 1,579 sf | — | $436,120 | $424,120 | −2.8% | 15 |
| 1506 Sea Breeze Lane Oct 10 · 3 bd · 2 ba · 960 sf | Breeze Ridge Subd | $239,900 | $230,000 | −4.1% | — |
| 470 Wickham Lakes Drive Oct 10 · 4 bd · 2 ba · 1,902 sf | Viera Central Pud | $438,888 | $429,999 | −2.0% | — |
| 2191 Smathers Circle Oct 10 · 3 bd · 1 ba · 875 sf | Bowe Gardens | $254,900 | $249,900 | −2.0% | — |
| 709 Spring Valley Drive Oct 10 · 2 bd · 2 ba · 1,170 sf | Courtyards | $260,000 | $255,000 | −1.9% | — |
| 3526 Egret Drive Oct 10 · 3 bd · 2 ba · 2,006 sf | Feather Lakes | $399,000 | $394,500 | −1.1% | — |
| 4282 Ruthann Circle Oct 10 · 3 bd · 2 ba · 1,757 sf | Glen Ridge | $454,000 | $449,999 | −0.9% | — |
| 1406 Cypress Trace Drive Oct 10 · 3 bd · 2 ba · 1,652 sf | Cypress Trace Suntree Pud Stage | $474,999 | $472,499 | −0.5% | — |
| 3894 Archdale Street Oct 10 · 5 bd · 3 ba · 2,427 sf | Trasona | $715,000 | $714,000 | −0.1% | — |
| 1987 Mosswood Drive Oct 9 · 5 bd · 3 ba · 2,208 sf | — | $420,000 | $399,999 | −4.8% | 84 |
| 1800 Noel Place #105 Oct 9 · 3 bd · 2.5 ba · 1,573 sf | Riverwalk Of Melbourne | $339,900 | $324,900 | −4.4% | — |
| 8476 Lyside Drive Oct 9 · 4 bd · 3.5 ba · 2,302 sf | Reeling Park Viera | $589,000 | $574,900 | −2.4% | — |
| 3520 Manassas Avenue Oct 9 · 4 bd · 3 ba · 2,219 sf | — | $620,900 | $610,000 | −1.8% | — |
| 3506 Cordgrass Court Oct 9 · 3 bd · 2 ba · 1,474 sf | Parkway Meadows | $369,900 | $359,900 | −2.7% | — |
| 3072 Chica Circle Oct 9 · 5 bd · 3.5 ba · 3,055 sf | Fairmont | $459,900 | $449,900 | −2.2% | — |
| 2568 Millennium Circle Oct 9 · 4 bd · 3 ba · 2,453 sf | Bridgewater At Viera | $724,000 | $715,000 | −1.2% | — |
| 1850 Charlesmont Drive #7118 Oct 9 · 2 bd · 2 ba · 900 sf | Beach Club Condominium | $288,000 | $283,000 | −1.7% | — |
| 1865 Cedarwood Drive Oct 9 · 3 bd · 2 ba · 1,421 sf | — | $199,000 | $195,000 | −2.0% | 59 |
| 1400 Isabella Drive #105 Oct 9 · 2 bd · 2.5 ba · 1,752 sf | Riverwalk Of Melbourne | $319,500 | $317,500 | −0.6% | — |
| 745 Ashbury Avenue Oct 8 · 3 bd · 2.5 ba · 2,231 sf | Devons Glen | $547,000 | $524,900 | −4.0% | — |
| 2654 Boyd Avenue Oct 8 · 3 bd · 2 ba · 1,120 sf | Pic Estates | $279,900 | $269,900 | −3.6% | — |
| 2204 Shelby Drive Oct 8 · 3 bd · 1 ba · 866 sf | — | $242,500 | $232,500 | −4.1% | 76 |
| 1063 Great Belt Circle Oct 8 · 3 bd · 3 ba · 2,457 sf | Bridgewater At Viera | $739,000 | $729,000 | −1.4% | — |
| 9664 Alister Drive Oct 8 · 3 bd · 2 ba · 1,673 sf | Bridgewater At Viera | $399,000 | $389,000 | −2.5% | — |
| 2188 Lucille Lane Oct 8 · 4 bd · 2 ba · 1,412 sf | Croton Manor | $324,999 | $319,000 | −1.8% | — |
| 511 Royston Lane Oct 7 · 3 bd · 2 ba · 1,793 sf | Baytree Pud | $499,998 | $450,000 | −10.0% | — |
| 4330 Lakemont Road Oct 7 · 3 bd · 2 ba · 2,152 sf | Lake Crest | $599,000 | $574,900 | −4.0% | — |
| 2564 Addison Drive Oct 7 · 3 bd · 2.5 ba · 2,102 sf | Reeling Park Viera | $567,700 | $549,700 | −3.2% | — |
| 2564 Addison Drive Oct 7 · 3 bd · 2.5 ba · 2,102 sf | — | $567,700 | $549,700 | −3.2% | 36 |
| 598 Brickell Street Oct 7 · 3 bd · 2 ba · 1,623 sf | — | $354,900 | $339,900 | −4.2% | — |
| 4195 Negal Circle Oct 7 · 3 bd · 2 ba · 1,872 sf | Laguna Village | $560,000 | $549,900 | −1.8% | — |
| 5693 Star Rush Drive #204 Oct 7 · 1 bd · 1 ba · 679 sf | Lakes At Viera E Condo | $185,000 | $175,000 | −5.4% | — |
| 4035 Banberry Lane Oct 7 · 3 bd · 2 ba · 1,250 sf | — | $365,000 | $355,000 | −2.7% | — |
| 4335 Negal Circle Oct 7 · 3 bd · 2 ba · 2,223 sf | Laguna Village | $595,000 | $585,000 | −1.7% | — |
| 121 San Juan Circle Oct 7 · 2 bd · 2 ba · 955 sf | San Juan Village Condo | $125,000 | $120,000 | −4.0% | — |
| 8006 Bradwick Way Oct 7 · 3 bd · 2 ba · 1,917 sf | Baytree Pud | $529,999 | $525,000 | −0.9% | — |
| 209 Prince Avenue Oct 7 · 3 bd · 1 ba · 1,426 sf | Crown Heights | $204,000 | $199,999 | −2.0% | — |
| 2361 Pawnee Drive Oct 7 · 3 bd · 1 ba · 991 sf | Cresthaven Homes | $248,900 | $244,900 | −1.6% | — |
| 3251 Windsor Estates Drive Oct 6 · 4 bd · 2.5 ba · 2,822 sf | — | $737,000 | $718,900 | −2.5% | — |
| 5055 Sunrise Estates Drive Oct 6 · 3 bd · 2.5 ba · 1,699 sf | — | $335,000 | $323,000 | −3.6% | 77 |
| 8197 Gullen Drive Oct 6 · 3 bd · 3 ba · 2,560 sf | Reeling Park Viera | $924,900 | $914,900 | −1.1% | — |
| 983 Wildwood Drive Oct 6 · 3 bd · 2 ba · 1,878 sf | Summerwood Villas | $615,000 | $605,000 | −1.6% | — |
| 2770 Revolution Street #103 Oct 6 · 3 bd · 2.5 ba · 1,548 sf | Lake Washington Townhomes | $249,000 | $239,900 | −3.7% | — |
| 2044 Buescher Hill Street Oct 6 · 3 bd · 2 ba · 1,836 sf | Lansing Ridge Subd | $405,000 | $398,000 | −1.7% | — |
| 501 Krefeld Road Oct 6 · 2 bd · 2 ba · 1,095 sf | — | $255,000 | $249,000 | −2.4% | — |
| 1488 White Cap Way Oct 6 · 3 bd · 2 ba · 1,313 sf | Catalina | $365,000 | $359,000 | −1.6% | — |
| 3001 Thrush Drive #224 Oct 6 · 1 bd · 1.5 ba · 744 sf | — | $149,700 | $145,000 | −3.1% | — |
| 441 N Harbor City Boulevard #C1 Oct 5 · 2 bd · 2 ba · 1,533 sf | River Bluff Condo | $178,500 | $165,000 | −7.6% | — |
| 209 Prince Avenue Oct 5 · 3 bd · 1 ba · 1,426 sf | Crown Heights | $209,000 | $204,000 | −2.4% | — |
| 3371 Galeras Drive Oct 4 · 3 bd · 2 ba · 1,481 sf | Pangea Park | $468,950 | $414,400 | −11.6% | — |
| 9462 Fuego Way Oct 4 · 3 bd · 2 ba · 1,481 sf | Pangea Park | $451,250 | $407,900 | −9.6% | — |
| 3161 Galeras Drive Oct 4 · 3 bd · 2 ba · 1,481 sf | Pangea Park | $428,000 | $384,900 | −10.1% | — |
| 3171 Galeras Drive Oct 4 · 3 bd · 2 ba · 1,481 sf | Pangea Park | $428,410 | $387,400 | −9.6% | — |
Biggest cuts this week
| Listing | Community | Was | Now | Cut | DOM |
|---|---|---|---|---|---|
| 3371 Galeras Drive Oct 4 · 3 bd · 2 ba · 1,481 sf | Pangea Park | $468,950 | $414,400 | −11.6% | — |
| 511 Royston Lane Oct 7 · 3 bd · 2 ba · 1,793 sf | Baytree Pud | $499,998 | $450,000 | −10.0% | — |
| 9462 Fuego Way Oct 4 · 3 bd · 2 ba · 1,481 sf | Pangea Park | $451,250 | $407,900 | −9.6% | — |
| 3161 Galeras Drive Oct 4 · 3 bd · 2 ba · 1,481 sf | Pangea Park | $428,000 | $384,900 | −10.1% | — |
| 3171 Galeras Drive Oct 4 · 3 bd · 2 ba · 1,481 sf | Pangea Park | $428,410 | $387,400 | −9.6% | — |
| 3260 Galeras Drive Oct 4 · 3 bd · 2 ba · 1,795 sf | Pangea Park | $474,000 | $438,900 | −7.4% | — |
| 3230 Galeras Drive Oct 4 · 3 bd · 2 ba · 1,795 sf | Pangea Park | $477,000 | $442,400 | −7.3% | — |
| 3361 Galeras Drive Oct 4 · 3 bd · 2 ba · 1,731 sf | Pangea Park | $482,470 | $447,900 | −7.2% | — |
| 3320 Galeras Drive Oct 4 · 3 bd · 2 ba · 1,795 sf | Pangea Park | $472,000 | $441,400 | −6.5% | — |
| 9472 Fuego Way Oct 4 · 3 bd · 2 ba · 1,731 sf | Pangea Park | $476,100 | $446,900 | −6.1% | — |
Communities with the most reductions (30 days)
| Community | City | Reductions | Median cut |
|---|---|---|---|
| Pangea Park | Melbourne | 14 | −6.8% |
| Reeling Park Viera | Melbourne | 10 | −2.3% |
| Lakes At Viera E Condo | Melbourne | 7 | −2.9% |
| Bridgewater At Viera | Melbourne | 6 | −1.9% |
| Lake Washington Townhomes | Melbourne | 5 | −1.9% |
| Baytree Pud | Melbourne | 4 | −2.3% |
| Loren Cove | Melbourne | 4 | −4.3% |
| Leewood Forest Estates | Melbourne | 4 | −3.4% |
| Catalina | Melbourne | 4 | −2.6% |
| Indian River Groves And Gardens | Melbourne | 3 | −1.8% |
| Viera Central Pud | Melbourne | 3 | −2.2% |
| Crown Heights | Melbourne | 3 | −2.1% |
| Avalonia | Melbourne | 3 | −1.0% |
| Cypress Cove At Suntree A Condo | Melbourne | 3 | −3.2% |
| Lansing Ridge Subd | Melbourne | 2 | −2.1% |
How to read this
Reductions are detected by comparing each listing’s asking price night over night in the MLS feed; a listing appears once per cut, and the share reduced counts each listing once. Relists at a new price under a new MLS number are not matched. Prices are asking prices. Source: live MLS feeds compiled by Momentum Research, updated October 10, 2026.