Vero Beach Barrier Island Condos Real Estate Market Report January 2017

Market Statistics - Island Condos Median of Sale Prices - January 2017

The Vero Beach real estate market for condos on the Barrier Island in January 2017 was a little more active with jump in pending sales compared to the same period last year. Sales slightly decreased but were counter balanced with the increase in Pending Sales which is good news for the market moving forward. Vero… [Read more…]

Vero Beach Mainland Real Estate Market Report January 2017

Market Statistics - Mainland - Sold vs Expired and DOM - January 2017

In January 2017 the Vero Beach real estate market activity for homes in mainland in continues to show strength. However, the appreciation of sale prices is slowing down indicating that sale prices may be reaching a plateau. The recent increases in mortgage rates may also impact sales although demand is still intact. The low inventory… [Read more…]

Vero Beach real estate market – 2016 year in review

Vero Beach Market Statistics December 2016 - Median of Sale Prices

The Vero Beach real estate market in 2016 was a tale of 2 different markets as the activity and sale prices of homes on the mainland outpaced those on the barrier island. Home sellers on the mainland experienced brisk activity and increases in sale prices, while those on the barrier island experience a market slow… [Read more…]

Vero Beach Barrier Island Single Family Real Estate Market Report December 2016

Market Statistics - Island Single Family Median of Sale Prices - December 2016

The Vero Beach Real Estate Market for single family homes on the island in December 2916 remains soft despite the recent increase in market activity. Although sales and sale prices increased this month, pending sales decreased indicating that pricing may have started to get ahead of the curve. Vero Beach Real Estate Market Highlights –… [Read more…]

Vero Beach Barrier Island Condos Real Estate Market Report December 2016

Market Statistics - Island Condos Median of Sale Prices - December 2016

In December 2016 the Vero Beach real estate market for condos on the Barrier Island was a little more active with increase in sales compared to the same period in 2015. However, the anemic Pending Sales figure along with the softening market raises some concerns as we are entering the 2017 season amid higher mortgage… [Read more…]

Vero Beach Mainland Real Estate Market Report December 2016

Vero Beach Mainland Market Statistics - For Sale vs Sold - December 2016

The Vero Beach real estate market activity for homes in mainland in December 2016 continues to outpace the activity on the barrier island. However, the increase in sale prices is slowing down indicating that sale prices may be reaching a high point . The recent increases in mortgage rates may also impact sales although demand… [Read more…]

Sales jumped but sale prices retreated in Vero Beach real estate market

Vero Beach Market Statistics November 2016 - Median of Sale Prices

The Vero Beach real estate market saw some action in November 2016 with a jump in sales as buyers wanted to close the deal before mortgage rates continue to push higher. On the other hand, median of sale prices declined by 4.5% compared to the same period in 2015, an indication that sale prices have… [Read more…]

Vero Beach Barrier Island Single Family Real Estate Market Report November 2016

Market Statistics - Island Single Family Median of Sale Prices - November 2016

The Vero Beach Real Estate Market of single family homes on the island in November 2016 continue to soften despite the slight increase in sales compared to last month and the same period last year while sale prices are stabilizing . Vero Beach Real Estate Market Highlights – November 2016 Sales increased in November 2016… [Read more…]

Vero Beach Barrier Island Condos Real Estate Market Report November 2016

Market Statistics - Island Condos Median of Sale Prices - November 2016

The Vero Beach real estate market report for condos on the Barrier Island in November 2016 shows that sale prices are declining and the market is soft despite the increase in sales by 27% compared to the same period last year. The increase in sales has not translated in higher prices as inventory continues to… [Read more…]

Vero Beach Mainland Real Estate Market Report November 2016

Market Statistics - Mainland - Sold vs Expired and DOM - November 2016

The Vero Beach real estate market activity for homes in mainland in November 2016 continues to outpace the activity on the barrier island. Sale prices were modestly higher and increased by 4.5% compared to the same period last year , indicating prices have stabilized and may be reaching a plateau. Vero Beach Real Estate Market… [Read more…]