Sebastian Real Estate Market Report August 2015

The Sebastian Real Estate market in August 2015 was active with increases in sales. Sale prices have stabilized and price appreciation has taken a break. The median of sale prices increased by 8% compared to July but decreased by 9% compared to the same period in 2014.

The Sebastian real estate market reports are live and are updated on a regular basis. Subscribe to the Sebastian Home Values Real-Time Market Snapshot for more details and what’s going on right now in your neighborhood.

Sebastian Real Estate Market Highlights – August 2015


Median of sale prices declined by 8% in August 2015. The inventory (homes available for sale) was reduced by 19% which is good news for the sellers as it may spark another round of price appreciation. However, the lack of inventory is affecting sales.

Pending sales increased indicating that the momentum continues and selling prices are very close to the asking prices indicating demand for homes in Sebastian is still intact. The Sebastian market statistics for August 2015 are summarized in the image below.

Market Statistics - Sebastian Market Report August 2015 DATA SOURCE: MLS data as of 9/2/2015. Data believed to be accurate but not guaranteed.

The following sections provide a comprehensive analysis of the Sebastian Real Estate Market. All charts are interactive and updated dynamically. Click on each chart picture below to see the latest market analysis chart.

Sebastian Real Estate Market Analysis – August 2015


Price Trend Analysis (Average List Price)
The chart below shows the history of sale prices the last 12 months. The median of sale prices is increasing and the inventory is declining which is good news for the Sebastian home sellers.

DATA SOURCE: MLS data. Data believed to be accurate but not guaranteed.

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Price Trend Analysis (% Price Reduction)
The List (asking price) to Sale Price ratio is very helpful to understand market strength and buyer’s demand. As the sale prices get closer to the list prices we get an indication that the market gets stronger.

The Sebastian Real estate Market continues strong as single family homes and condos in Sebastian are selling within 96% of the asking price, which is a very strong indication that buyers are eager to place offers close to the asking price.

DATA SOURCE: MLS data. Data believed to be accurate but not guaranteed.

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Days On the Market (DOM)
The Days On the Market (DOM) as illustrated in the chart below, is another indicator that indicates the market’s strength and is often used to determine demand. The chart below shows that demand for Sebastian Real Estate is increasing as the DOM has is declining with an average of 109 DOM in August 2015.

DATA SOURCE: MLS data. Data believed to be accurate but not guaranteed.

Want more information about the real estate market in your area?
Request a FREE Sebastian Real Estate Market Snapshot.

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