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.
71 homes for sale in Melbourne, FL cut their asking price in the last 7 days and 304 in the last 30, out of 734 active listings (34% reduced at least once this month). The median reduction is 2.7% ($10,000). The largest cut this week was $155,000 on 640 Old Oak Street in Melbourne ($650,000 → $495,000).
Latest price reductions in Melbourne
| Listing | Community | Was | Now | Cut | DOM |
|---|---|---|---|---|---|
| 4424 Coquina Ridge Drive Oct 24 · 1 bd · 1 ba · 760 sf | Coquina Ridge | $199,000 | $180,000 | −9.5% | — |
| 44 Piney Branch Way #A Oct 24 · 2 bd · 2.5 ba · 1,288 sf | Chateau In The Pines | $164,900 | $149,900 | −9.1% | — |
| 3894 Archdale Street Oct 24 · 5 bd · 3 ba · 2,427 sf | Trasona | $714,000 | $699,000 | −2.1% | — |
| 804 Spanish Cove Drive Oct 24 · 3 bd · 2.5 ba · 2,096 sf | Spanish Cove Suntree Pud Stage | $675,000 | $665,000 | −1.5% | — |
| 270 Lake In The Woods Drive #2-111 Oct 24 · 2 bd · 2 ba · 1,144 sf | The Gables At Lake In The Woods | $269,500 | $267,500 | −0.7% | — |
| 640 Old Oak Street Oct 23 · 4 bd · 2 ba · 1,636 sf | — | $650,000 | $495,000 | −23.8% | — |
| 4007 N Harbor City Boulevard #402 Oct 23 · 3 bd · 2 ba · 2,141 sf | River Palms Condo | $610,000 | $575,000 | −5.7% | — |
| 807 Ballard Drive Oct 23 · 3 bd · 2 ba · 1,728 sf | Loveridge Heights | $438,000 | $409,000 | −6.6% | — |
| 1211 Berryhill Drive Oct 23 · 3 bd · 2 ba · 1,264 sf | — | $321,000 | $294,000 | −8.4% | — |
| 2991 Indiana Street Oct 23 · 4 bd · 3 ba · 2,596 sf | National Police Home Foundation Inc | $575,000 | $550,000 | −4.3% | — |
| 2590 New York Street Oct 23 · 3 bd · 3 ba · 2,229 sf | National Police Home Foundation Inc | $535,000 | $510,000 | −4.7% | — |
| 2510 Washington Street Oct 23 · 3 bd · 2 ba · 2,020 sf | National Police Home Foundation Inc | $370,500 | $350,000 | −5.5% | — |
| 911 Preston Trail Oct 23 · 2 bd · 2 ba · 1,670 sf | Suntree Pud | $425,000 | $405,000 | −4.7% | — |
| 2567 Andrews Avenue Oct 23 · 4 bd · 2 ba · 1,504 sf | — | $419,900 | $399,900 | −4.8% | — |
| 2789 Avalonia Drive Oct 23 · 3 bd · 2 ba · 1,770 sf | Avalonia | $500,000 | $480,000 | −4.0% | — |
| 1576 Grandview Way Oct 23 · 5 bd · 2.5 ba · 2,909 sf | Grandview Shores | $399,900 | $379,900 | −5.0% | — |
| 3700 Shady Run Road Oct 23 · 4 bd · 3 ba · 2,883 sf | Windover Farms Of Melbourne Pud Melbourne | $815,000 | $795,000 | −2.5% | — |
| 1329 Tipperary Drive Oct 23 · 5 bd · 3 ba · 4,026 sf | Capron Ridge | $797,500 | $781,550 | −2.0% | — |
| 1747 Sophias Drive #204 Oct 23 · 2 bd · 2 ba · 1,020 sf | Lakes At Viera E Condo | $245,000 | $230,000 | −6.1% | — |
| 632 Teak Drive Oct 23 · 3 bd · 2 ba · 1,170 sf | Greentree Park | $334,500 | $319,500 | −4.5% | — |
| 2846 Lancaster Road Oct 23 · 3 bd · 2 ba · 1,361 sf | Living Homes Estates | $289,400 | $275,000 | −5.0% | — |
| 2846 Lancaster Road Oct 23 · 3 bd · 2 ba · 1,361 sf | — | $289,400 | $275,000 | −5.0% | 92 |
| 4262 Ruthann Circle Oct 23 · 4 bd · 3 ba · 2,280 sf | Glen Ridge | $598,990 | $585,990 | −2.2% | — |
| 1757 Sophias Drive #206 Oct 23 · 2 bd · 2 ba · 1,020 sf | Lakes At Viera E Condo | $250,000 | $239,900 | −4.0% | — |
| 924 Gables Way Oct 23 · 2 bd · 1 ba · 901 sf | Holiday Springs At Suntree | $350,000 | $339,999 | −2.9% | — |
| 2871 Bobby Jones Street Oct 23 · 5 bd · 3.5 ba · 2,828 sf | Palm Gardens Townhomes | $635,000 | $625,000 | −1.6% | — |
| 4508 Canard Road Oct 23 · 4 bd · 4 ba · 2,907 sf | — | $764,000 | $754,000 | −1.3% | — |
| 2391 Lorna Drive Oct 23 · 3 bd · 2 ba · 1,272 sf | Leewood Forest Estates | $255,000 | $247,500 | −2.9% | — |
| 7801 Maplewood Drive #909 Oct 23 · 2 bd · 2.5 ba · 1,216 sf | Garretts Run Condo | $145,000 | $139,000 | −4.1% | — |
| 2680 Ballydoyle Lane Oct 23 · 3 bd · 2 ba · 1,458 sf | Loren Cove | $405,000 | $399,000 | −1.5% | — |
| 1210 Palmwood Drive Oct 23 · 3 bd · 2 ba · 1,200 sf | Sunwood Park | $275,000 | $269,500 | −2.0% | — |
| 1969 Fabien Circle Oct 23 · 3 bd · 2 ba · 2,058 sf | Six Mile Creek | $469,000 | $464,000 | −1.1% | — |
| 1810 S Park Avenue Oct 23 · 3 bd · 2 ba · 1,424 sf | East Magnolia Park | $334,000 | $329,000 | −1.5% | — |
| 3520 Manassas Avenue Oct 23 · 4 bd · 3 ba · 2,219 sf | — | $610,000 | $605,000 | −0.8% | — |
| 1604 Arnold Drive Oct 23 · 3 bd · 2 ba · 1,272 sf | — | $295,000 | $290,000 | −1.7% | 17 |
| 1792 Jackson Avenue Oct 23 · 3 bd · 2 ba · 1,134 sf | Bowe Gardens | $274,900 | $269,900 | −1.8% | — |
| 3178 Arden Circle Oct 23 · 2 bd · 2 ba · 1,297 sf | The Arbors At Longleaf | $272,500 | $270,000 | −0.9% | — |
| 1541 Morgan Court Oct 23 · 4 bd · 2 ba · 1,623 sf | — | $349,000 | $347,700 | −0.4% | — |
| 1680 Clover Circle Oct 23 · 4 bd · 3 ba · 1,745 sf | Meadow Cove | $384,900 | $383,900 | −0.3% | — |
| 2188 Lucille Lane Oct 23 · 4 bd · 2 ba · 1,412 sf | Croton Manor | $319,000 | $318,000 | −0.3% | — |
| 3495 Tabitha Court Oct 20 · 3 bd · 2 ba · 1,757 sf | — | $469,900 | $430,000 | −8.5% | — |
| 1411 Patriot Drive Oct 20 · 3 bd · 2 ba · 1,885 sf | Viera Tracts Bb And V Phases 4 And 5 Of Viera N | $299,000 | $269,000 | −10.0% | — |
| 745 Ashbury Avenue Oct 20 · 3 bd · 2.5 ba · 2,231 sf | Devons Glen | $524,900 | $499,900 | −4.8% | — |
| 3886 Peacock Drive Oct 20 · 4 bd · 2 ba · 2,426 sf | Carriage Gate | $569,000 | $550,000 | −3.3% | — |
| 4035 Banberry Lane Oct 20 · 3 bd · 2 ba · 1,250 sf | — | $355,000 | $345,000 | −2.8% | — |
| 1073 June Drive Oct 20 · 2 bd · 1.5 ba · 1,301 sf | — | $165,000 | $159,900 | −3.1% | — |
| 401 Poinciana Drive Oct 20 · 3 bd · 1 ba · 1,107 sf | Loveridge Heights | $264,000 | $259,000 | −1.9% | — |
| 209 Prince Avenue Oct 20 · 3 bd · 1 ba · 1,426 sf | Crown Heights | $199,999 | $194,999 | −2.5% | — |
| 588 N Wickham Road #51 Oct 20 · 2 bd · 2 ba · 904 sf | Westwood Condo | $154,900 | $149,900 | −3.2% | — |
| 501 Krefeld Road Oct 20 · 2 bd · 2 ba · 1,095 sf | — | $249,000 | $244,900 | −1.6% | — |
| 1777 Sophias Drive #103 Oct 20 · 1 bd · 1 ba · 679 sf | Lakes At Viera E Condo | $167,700 | $165,000 | −1.6% | — |
| 3312 Plummer Circle Oct 20 · 3 bd · 1.5 ba · 1,440 sf | — | $240,000 | $238,000 | −0.8% | 30 |
| 2608 Pepper Ave Oct 19 · 4 bd · 2 ba · 1,312 sf | — | $265,000 | $250,000 | −5.7% | 37 |
| 3727 Teakwood Court Oct 19 · 2 bd · 2 ba · 1,094 sf | Cedar Run | $279,999 | $269,999 | −3.6% | — |
| 3386 Jay Tee Drive Oct 19 · 3 bd · 2 ba · 1,296 sf | Meadowridge | $290,000 | $282,500 | −2.6% | — |
| 6421 Borasco Drive #1207 Oct 19 · 2 bd · 2 ba · 1,157 sf | Three Fountains Of Viera Condo | $195,000 | $189,900 | −2.6% | — |
| 594 Pine Forest Court Oct 19 · 3 bd · 2 ba · 1,539 sf | Country Walk At Suntree Stage | $418,000 | $413,000 | −1.2% | — |
| 2510 Revolution Street #103 Oct 19 · 3 bd · 2.5 ba · 1,548 sf | Lake Washington Townhomes | $260,000 | $255,000 | −1.9% | — |
| 1607 Albert Drive Oct 19 · 4 bd · 2 ba · 1,526 sf | Leewood Forest Estates | $250,000 | $245,000 | −2.0% | — |
| 2235 Whisper Wind Circle Oct 19 · 3 bd · 2 ba · 1,222 sf | Misty Way | $289,000 | $285,000 | −1.4% | — |
Biggest cuts this week
| Listing | Community | Was | Now | Cut | DOM |
|---|---|---|---|---|---|
| 640 Old Oak Street Oct 23 · 4 bd · 2 ba · 1,636 sf | — | $650,000 | $495,000 | −23.8% | — |
| 3495 Tabitha Court Oct 20 · 3 bd · 2 ba · 1,757 sf | — | $469,900 | $430,000 | −8.5% | — |
| 4007 N Harbor City Boulevard #402 Oct 23 · 3 bd · 2 ba · 2,141 sf | River Palms Condo | $610,000 | $575,000 | −5.7% | — |
| 1411 Patriot Drive Oct 20 · 3 bd · 2 ba · 1,885 sf | Viera Tracts Bb And V Phases 4 And 5 Of Viera N | $299,000 | $269,000 | −10.0% | — |
| 807 Ballard Drive Oct 23 · 3 bd · 2 ba · 1,728 sf | Loveridge Heights | $438,000 | $409,000 | −6.6% | — |
| 1211 Berryhill Drive Oct 23 · 3 bd · 2 ba · 1,264 sf | — | $321,000 | $294,000 | −8.4% | — |
| 2991 Indiana Street Oct 23 · 4 bd · 3 ba · 2,596 sf | National Police Home Foundation Inc | $575,000 | $550,000 | −4.3% | — |
| 2590 New York Street Oct 23 · 3 bd · 3 ba · 2,229 sf | National Police Home Foundation Inc | $535,000 | $510,000 | −4.7% | — |
| 9166 Pacific Palms Avenue Oct 18 · 2 bd · 2 ba · 1,827 sf | — | $624,620 | $599,620 | −4.0% | 34 |
| 745 Ashbury Avenue Oct 20 · 3 bd · 2.5 ba · 2,231 sf | Devons Glen | $524,900 | $499,900 | −4.8% | — |
Communities with the most reductions (30 days)
| Community | City | Reductions | Median cut |
|---|---|---|---|
| Pangea Park | Melbourne | 15 | −6.5% |
| Reeling Park Viera | Melbourne | 10 | −2.3% |
| Lakes At Viera E Condo | Melbourne | 8 | −4.0% |
| Avalonia | Melbourne | 6 | −1.6% |
| Lake Washington Townhomes | Melbourne | 6 | −1.9% |
| Indian River Groves And Gardens | Melbourne | 5 | −1.9% |
| Bridgewater At Viera | Melbourne | 5 | −1.4% |
| National Police Home Foundation Inc | Melbourne | 4 | −4.8% |
| Croton Manor | Melbourne | 3 | −1.8% |
| Stoneridge | Melbourne | 3 | −1.3% |
| Misty Way | Melbourne | 3 | −2.0% |
| Glen Ridge | Melbourne | 3 | −0.9% |
| Bowe Gardens | Melbourne | 3 | −2.0% |
| Three Fountains Of Viera Condo | Melbourne | 3 | −2.6% |
| Crown Heights | Melbourne | 3 | −2.4% |
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 24, 2026.