February numbers are generally good. Overall, the real estate market continues to stabilize without sharp moves in either direction. The Median Sales Price went up 7% in the 32937 Zip Code to $548K and remained at $365K on the Space Coast overall. The number of properties sold went up 25% for the Zip Code and 3% for the County. The average sales price per square foot remained the same for the Zip Code and rose 2% for the county. The average days on market rose 2% to 79 days in the Zip Code and was up 9% to 80 days in the county. The number of properties for sale rose 2% – the same for both the zip code and the county. Builders are still constructing single-family homes and condominiums in the area. There are numerous remodels and rebuilds going on as well.
The 32937 Zip Code is part of the Space Coast and consists of Satellite Beach, Indian Harbour Beach, and South Patrick Shores. It is bounded by Patrick Space Force Base to the north, Eau Gallie Causeway to the south, the Atlantic Ocean to the East, and the Banana River to the west.
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