In February 2016, the real estate market for homes in Vero Beach mainland picked speed with further price appreciation than the same period in 2015. At the same time, sale prices increased by 6.8% compared to the same period last year. The continued price appreciation is encouraging despite the low inventory. Vero Beach Real Estate… [Read more…]
Slow start for Vero Beach real estate market in 2016
The Vero Beach real estate market in January 2016 started slower than the previous years with fewer sales and lower sale prices and lower inventory which has been reduced by 9% compared to 2015. Overall, median of sale prices decreased by 3% in January 2016, a slight increase compared to previous year. Sales decreased by… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report January 2016
The Vero Beach Real Estate Market for single family homes on the island in January 2016 was again slow with fewer sales than the same time last year. The lack of inventory in some areas and price ranges continues to affect sales, but we expect that the increase in the inventory will have a positive… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report January 2016
The start of season was good for the real estate market for Vero Beach condos on the Barrier Island as prices have stabilized and continue to increase in January 2016. Sales were also increased compared to the same period in 2015. The following sections provide a detail view of the Vero Beach real estate market… [Read more…]
Vero Beach Mainland Real Estate Market Report January 2016
The real estate market for homes in Vero Beach mainland slowed down a bit in January 2016 with fewer sales than in December and the same period last year. Sale prices on the other hand increased by 5.3% compared to the same period in 2015. The continued price appreciation is encouraging despite the low inventory…. [Read more…]
Vero Beach Real Estate Market in 2015
The Vero Beach real estate market in 2015 gave us excitement with price increases but ended in December on a cautionary note with fewer sales as we are getting ready for the 2016 winter season. Inventory was reduced and it is 10% lower than in 2014. Overall, median of sale prices increased by 2.1% in… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report December 2015
The sales activity in Vero Beach Real Estate Market for single family homes on the island was subdued in December 2015, with fewer sales than in November and the same time last year. The lack of inventory in some areas and price ranges continues to affect sales, but we expect that the recent increase in… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report December 2015
December 2015 was a good month for the real estate market for Vero Beach condos on the Barrier Island as prices have stabilized and have started to increase again. Sales were decreased compared to last year but more condos sold in December than in November. The following sections provide a detail view of the Vero… [Read more…]
Vero Beach Mainland Real Estate Market Report December 2015
In December 2015, the real estate market for homes in Vero Beach mainland continues been active in with more sales than in November but fewer than last year. Sale prices also increased by 17% compared to the same period in 2014. The continued price appreciation is encouraging as we are heading into the 2016 season…. [Read more…]
Vero Beach real estate is gearing up for the holidays!
The Vero Beach real estate market is getting ready for the holidays and the winter season with increases in sale prices and in inventory. Overall, median of sale prices increased by 6.1%. However, prices for island condos are slightly decreasing, but stabilizing. Unlike sale pricessales decreased by 6.9% compared to the same period in 2014… [Read more…]