Homes for sale
20
Active inventory on the update date
Palm Bay, Florida · Neighborhood market report
Your window into Cypress Bay.
See what is available, what has sold and how quickly properties are moving in Cypress Bay. Compare asking prices with actual closing prices below.
Under contract
3
Pending listings on the update date
Months of supply
2
Based on the trailing 6-month sales pace
Closed sales
59
Trailing 6 months; 110 in 12 months
Median sold price
$349,995
Trailing 12 months; 110 sale events
Median days on market
105 days
Closed listings; trailing 12 months
Median sale-to-list
98.6%
Sale price / displayed final list price
Median asking price
$344,415
Active listings; separate from sale prices
Which way is activity moving?
Closed-sale activity decreased: 28 sales in Aug-Oct 2026, compared with 31 in May-Jul 2026 (-9.7%). Median selling time was 90 days versus 95 days. These measures describe recent activity; they do not establish a price trend or predict future values.
There are 20 active listings against 9.8 closings per month over the trailing six months. That equals approximately 2 months of supply at that pace. Individual home condition, size and pricing still matter.
Closed sales by month
Six completed calendar months. Current partial month excluded.
6May
18Jun
7Jul
9Aug
15Sep
4Oct
A quieter month alone does not establish a trend.
Duplicate MLS record adjustment: The native sold table contains 111 listing records. After a review of the public property details, 1 duplicate closing record was removed from the summary calculations, leaving 110 distinct sale events. For 1403 Garabaldi Circle SE, both records show the same closing date and price; the broker-listed record's 91 days on market is used rather than the separate non-MLS record's 0 days. Native listing tables remain as supplied by the feed.
How these numbers are calculated
- Source: this site's MLS feed, restricted to the following MLS subdivision names: Cypress Bay Preserve Phase 1; Cypress Bay Preserve Phase 2; Cypress Bay West; Cypress Bay West Freedom. Residential home, condo, townhome and manufactured-home categories are included. Land and rentals are excluded. Coverage is limited to participating MLS listings.
- Active and pending counts are current inventory at the verification time. Closed sales cover rolling 3-, 6- and 12-month windows ending November 2, 2026.
- Months of supply = active listings / (closed sales in the trailing 6 months / 6). Here: 20 / (59 / 6) = 2. With no closings, supply is shown as unavailable.
- Median sold price, median DOM and median sale-to-list ratio use all 110 sale events in the trailing 12 months. DOM is the feed's reported days on market, not independently reconstructed cumulative DOM. Sale-to-list uses the displayed final list price; concessions and original asking price are not available here.
- The activity comparison uses Aug-Oct 2026 versus May-Jul 2026, excluding the current partial month. A direction label is withheld when either comparison has fewer than 10 closings. A different mix of homes can change median prices without proving appreciation or depreciation.
- Separate sales of the same address on different closing dates count as separate sale events. New construction and resale are combined unless the feed provides a verified classification.
- The summary is a dated daily snapshot; listing tables refresh through Real Geeks and may change sooner. Delayed or missing MLS records can affect all calculations.
About Cypress Bay
This Palm Bay report combines the recorded Cypress Bay West, Cypress Bay West Freedom and Cypress Bay Preserve phases listed in the methodology. It is a combined area report, so its totals are broader than any one phase.
Compare builder inventory and resale homes separately when choosing comparable properties. Builder incentives, association charges and any district assessments require property-specific confirmation.
D.R. Horton Cypress Bay West community information · Request a property-specific comparison
Expired listings: this public feed exposes active, pending and sold records. Expired counts and properties are unavailable and are not inferred from homes disappearing from the market.
Explore the live listing tables
Active homes, properties under contract and closed sales follow below. The native sold-table badge labeled "Avg. Listing Price" describes asking prices; use the Sold Price column for closing prices. Native statistics are averages; the summary above explicitly labels its medians.