The Vero Beach real estate market was not as active in March 2016 at the peak of the traditionally strong winter season. Vero Beach real estate sales in March 2016 declined in all markets with the exception of some still strong areas on the mainland. Median of sale prices on the other hand are still… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report March 2016
It was a slow Vero Beach Real Estate Market for single family homes on the island in March 2016 with drop in sales as the lack of inventory in the $600,000 to $700,000 price ranges continues to affect sales and price appreciation. Inventory is increasing which may help with future sales. Sale prices are still… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report March 2016
The Vero Beach real estate market report for condos on the Barrier Island in March 2016 shows that sale prices continue to increase while inventory is increasing but only for some price ranges with high demand. The good news is that sale prices are still appreciating and increased by almost 10.9% compared to the same… [Read more…]
Vero Beach Mainland Real Estate Market Report March 2016
The real estate market for homes in Vero Beach mainland was more active in March 2016 with more sales than in February but still fewer than the same period in 2015. Sale prices are still appreciating and increased by 13% compared to the same period last year. The continued price appreciation is encouraging despite the… [Read more…]
February sales boost Vero Beach Real Estate Market
The jump in sales boosted the Vero Beach Real Estate market in February 2016 as more people have taken advantage of the historically low mortgage rates to claim a spot in warm and sunny Florida. Median of sale prices also jumped by 13% compared to the same period last year. Sales increased by 14.5% in… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report February 2016
February 2016 was a good month for Vero Beach Real Estate Market for single family homes on the island with more sales and further price appreciation. Inventory continues to increase which may help with future sales. Sale prices are still appreciating and the seller’s market continues for homes up to $450,000. A detailed view of… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report February 2016
Despite the decrease in sales, prices are on the rise for Vero Beach condos on the Barrier Island as the real estate market tries to gain strength in February 2016. The good news is that sale prices are still appreciating and increased by almost 50% compared to the same period last year.. The following sections… [Read more…]
Vero Beach Mainland Real Estate Market Report February 2016
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…]