$5,997 Closing Credit*
$505,000
2,032 SqFt
3 Beds
•2 Full Baths
#1032235, Mary Gal, Listing Office: Seaside Realty of Brevard
Is Cocoa Beach-Cape Canaveral, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Cocoa Beach-Cape Canaveral was a Seller's Market.
Key Takeaway
Cocoa Beach-Cape Canaveral is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cocoa Beach-Cape Canaveral, FL
How much do homes in Cocoa Beach-Cape Canaveral, FL cost?
Median Sold Price
$396,987
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,427(-0.6%)
Key Takeaway
Homes in Cocoa Beach-Cape Canaveral have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in Cocoa Beach-Cape Canaveral was $396,987 in November 2024, down 0.6% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $212.5K | -3.4% |
| 2 Bedrooms | $362.6K | $350K | -3.5% |
| 3 Bedrooms | $560K | $539.5K | -3.7% |
| 4 Bedrooms | $925K | $925K | 0.0% |
| 5+ Bedrooms | $1.7M | $1.3M | -24.6% |
Summary: Cocoa Beach-Cape Canaveral housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.4%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 24.6%.
Median Sold Price Compared To Nearby Cities
| Cocoa Beach-Cape Canaveral | $399.4K | $396.9K | -0.6% |
| Cape Canaveral | $354K | $351.6K | -0.7% |
| Cocoa Beach | $484.8K | $466.6K | -3.7% |
Housing Supply in Cocoa Beach-Cape Canaveral, FL
How many homes are available in Cocoa Beach-Cape Canaveral, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 421 | 489 | +16.2% |
Summary: The Cocoa Beach-Cape Canaveral real estate market had 489 homes for sale in November 2024, a 16.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 64 | 68 | +6.3% |
| 2 Bedrooms | 188 | 225 | +19.7% |
| 3 Bedrooms | 117 | 136 | +16.2% |
| 4 Bedrooms | 29 | 32 | +10.3% |
| 5+ Bedrooms | 23 | 28 | +21.7% |
Summary: The Cocoa Beach-Cape Canaveral housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 19.7%, 3 bedroom homes increased by 16.2%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 21.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 38 | 0.0% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cocoa Beach-Cape Canaveral, you may be able to get a good deal. 86.8% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in Cocoa Beach-Cape Canaveral in November 2024, the same as the previous month. Of the 38 sold homes, 87% were sold under asking, 5% were sold at asking, and 8% were sold over asking.
Days on Market for Cocoa Beach-Cape Canaveral, FL
How long does it take to sell a home in Cocoa Beach-Cape Canaveral, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 77 Days | +36.0% |
Summary: Homes in Cocoa Beach-Cape Canaveral had an average of 77 days on market in Nov 2024, up by 36% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cocoa Beach-Cape Canaveral has remained consistent over time.
Summary: During November 2024, 38 homes were sold in Cocoa Beach-Cape Canaveral; 29% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.