Vero Beach Mainland Market Report March 2025

The March 2025 Real Estate Market Report for Vero Beach Mainland shows that the market became a Balanced Market with more sales amid steadying inventory as sellers are still entering the market taking advantage of the strong winter season, and hoping for continued buyer demand. Buyers’ appetite for Vero Beach homes on the mainland is still intact as sale prices continue to stabilize.

Sale prices remained stable again this month as sellers are willing to negotiate before the end of the winter season. However, the elevated prices have certainly impacted sales. We need to see a continued strong action in the coming months, which will determine the strength of the market post winter season in 2025. Following are some statistics for this month.

Vero Beach Mainland Real Estate Market Insights

• In March 2025, the Vero Beach Mainland became a Balanced Market with 16% Sales Ratio.
• There were 1037 homes for sale on the mainland and 166 were sold in March 2025.
• The inventory (homes available for sale) in March 2025 remained at the same level as in February as sellers seek the opportunity to list their homes amid steady buyers’ demand for homes on the mainland. We should expect a steady flow of new inventory coming to market as the 2025 winter season is almost over.
• In March 2025, homes sold for a median of 97.72% of list price, almost at par with last month’s as buyers are still active.
• The most active price band for Vero Beach Mainland homes was again homes priced from $500,000 to $1,000,000, with 36 sales but with sales ratio of only 13%, as buyers are still targeting higher priced homes in Vero Beach mainland.
• In March 2025 the median sales price slightly decreased by 3% compared to February with median sale price of $380,000.
• The most active market in March 2025 was the Central County area with 398 homes for sale, 96 Pending Sales, 64 sales, 6.2 months of remaining inventory (absorption rate) and a Balanced Market.

For a more comprehensive market analysis for a specific Vero Beach area or neighborhood on the Mainland or any other zip code use the request form below.