Home Prices Up in Most of Real Estate Markets

Home Prices and Real Estate Market infographic

The Vero Beach real estate market in Q2 of 2015 is following the national trend with higher prices and more sales than the same period last year. The above infographic shows home sales and price action at the national level.

The Vero Beach Real Estate Market August 2015

1. Vero Beach home prices of single family homes on the barrier island

Vero Beach Market Statistics - Island Single Family Median Sale Prices August 2015 DATA SOURCE: MLS data as of 9/2/2015. Data believed to be accurate but not guaranteed.

2. Vero Beach real estate prices of condos on the island

Vero Beach Market Statistics - Island Condos Median Sale Prices August 2015 DATA SOURCE: MLS data as of 9/2/2015. Data believed to be accurate but not guaranteed.

3. Vero Beach home prices on the mainland

Vero Beach Market Statistics August 2015 - Median of Sale Prices DATA SOURCE: MLS data as of 9/2/2015. Data believed to be accurate but not guaranteed.

The Highlights:

  • The national median home price for Q2 2015 is up 8.2% to $229,400.
  • The income needed to afford the median home in each region is directly impacted by the amount of the down payment. The larger the down payment the lower the income needed to pay the monthly mortgage payment.
  • The West led the way with the highest median home price at $325,200.
  • For more information about specific metro areas you can find the full report here.

If you thinking of selling your home and you want to sell it for the most money, less hassle and time, complete the form below for my Home Selling Guide, or call me at 772-532-0945.

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