October 2019 Housing Numbers

Real Estate nationally and here in Vero Beach continues to be healthy. Homes are selling quickly, in an average of 31 days, and interest rates are still historically low. Many people are finding that Vero Beach offers great value with homes priced well .

Here are some interesting Housing Numbers and statistics for the month of October 2019.

1. Average Days on the Market (DOM) – 31 Days
2. Months of Inventory – 4.1 Months (Normal Market is 6 months)
3. Median Price of Existing Homes – $278,200
4. Interest Rates at 3.57% (at historic lows)

If you’d like to learn more about homeownership or your next home in Vero Beach Florida, let’s get together and make these numbers work for you.