The Vero Beach real estate market report for condos on the Barrier Island In June 2016 shows that prices have stabilized while inventory remains above 2015 levels. This indicates supply is higher than demand although the lack of inventory in some desired price ranges and locations continue to push prices higher. However, sales remain low… [Read more…]
Vero Beach Mainland Real Estate Market Report June 2016
In June 2016 the Vero Beach real estate market for homes in mainland slowed down a bit as sales decreased compared to last month and the same period in 2015. However, sale prices are still appreciating and increased by 19% compared to the same period last year. The increase in sale prices indicates that demand… [Read more…]
Vero Beach home prices are on the rise again
Vero Beach home prices are on the rise again as buyers were actively looking for that special place in Florida and were willing to make offers. However, the real estate activity in May 2016 was still anemic as sales of Vero Beach homes were down by 20% compared to the same period last year. On… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report May 2016
The Vero Beach Real Estate Market for single family homes on the island in May 2016 was slightly more active than in April as sales slightly increased and the lack of inventory in the $600,000 to $700,000 price ranges continues to push prices upwards. Sale prices have stabilized and increased by 25% compared to the… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report May 2016
In May 2016 the Vero Beach real estate market report for condos on the Barrier Island shows that sale prices continued to rise while inventory was reduced. However, low demand in some price ranges is putting some pressure on price appreciation. The good news for the market is that sale prices are increasing and pending… [Read more…]
Vero Beach Mainland Real Estate Market Report May 2016
The Vero Beach real estate market for homes in mainland slowed down a bit in May 2016 with fewer sales than in April and fewer sales than the same period last year. However, sale prices are still rising and increased by 11.7% compared to the same period last year. The increase in sale prices is… [Read more…]
Vero Beach home prices are stabilizing
Vero Beach home prices are stabilizing as the real estate market continues to show signs of fatigue. Vero Beach real estate sales in April 2016 were not as strong as in the previous 2 years. Median of sale prices were increased by 5.6% compared to the same period last year but the upwards trend is… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report April 2016
The Vero Beach Real Estate Market for single family homes on the island in April 2016 was slightly more active than in March as sale prices are stabilizing and the lack of inventory in the $600,000 to $700,000 price ranges continues to affect sales and price appreciation. Sale prices have stabilized but the sellers market… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report April 2016
The Vero Beach real estate market report for condos on the Barrier Island in April 2016 shows that sale prices continue to appreciate while inventory remains constant. However, low demand in some price ranges is putting some pressure on price appreciation. The good news is that sale prices are still rising and increased by 9%… [Read more…]
Vero Beach Mainland Real Estate Market Report April 2016
The Vero Beach real estate market for homes in mainland was again active in April 2016 with more sales than in March but fewer than the same period in 2015. Sale prices increased by 12.8% compared to the same period in 2015. The increase in sale prices is good news for the sellers as the… [Read more…]