The Vero Beach real estate market activity for condos on the Barrier Island in December 2017 was not as active as during the same period last year. There were 16% fewer sales compared to the same period in 2016 as sale prices have stabilized and started to decrease. At the same time Interest in high-end… [Read more…]
Vero Beach Mainland Real Estate Market Report December 2017
The Vero Beach real estate market activity on the mainland in December 2017 continues strong with more sales and higher prices than the same period last year. However, appreciation in sale prices has slowed down and appears that have stabilized . The inventory continues to decline and the steady demand for homes in Vero Beach… [Read more…]
Vero Beach Real Estate – The Tale of Two Markets
It was a tale of two different markets in Vero Beach Real Estate in November 2017 with a red hot real estate market on the mainland and a lagging one on the barrier island. The difference in these two markets was observed early this year but it was exaggerated post hurricane Irma. Overall sales declined… [Read more…]
Irma affected Vero Beach Real Estate Sales in September
Hurricane Irma took its toll on the Vero Beach real estate market with fewer sales as people were busy preparing for the storm. Irma’s late summer visit put a break into otherwise very active summer in Vero Beach real estate. Sales declined but sales prices increased compared the same period last year. The market continues… [Read more…]
Active Vero Beach Real Estate Market this summer
The Vero Beach real estate is having a very active market this summer of 2017! Sales and sales prices increased compared the same period last year. The market continues to be active for high-end homes on the barrier island. The real estate market on the inland in August 2017 was active for both condos and… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report August 2017
The Vero Beach Real Estate Market for single family homes the island in August 2017 was active with more sales and higher prices than the same period on 2016. Sale prices continue to advance and increased by 48% as demand for single family homes on the island continues strong this summer. Vero Beach Real Estate… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report August 2017
The Vero Beach real estate market activity for condos on the Barrier Island in August 2017 got hot again with 88% more sales compared to the same period in 2016 and last month . Sales have been decreasing the last couple of months which suggests that that the prices have approached the plateau and we… [Read more…]
Vero Beach Mainland Real Estate Market Report August 2017
The Vero Beach real estate market activity regained its strength in August 2017 with more sales than last month. The appreciation in sale prices has slowed down and appear that have stabilized at least for now. The low inventory and the steady demand for homes in Vero Beach may keep pushing sale prices even higher… [Read more…]
Home Prices Are Up; Do you Know How Much Yours Is Worth?
The latest edition of CoreLogic’s Home Price Index shows that nationally, home prices have appreciated 6.7% over the last year and 0.9% month-over-month and released a report with this headline, “National Home Prices Now 50% Above March 2011 Bottom” The same is true for homes in Vero Beach and Sebastian. The following chart shows how… [Read more…]
Strong Post Season for Vero Beach Real Estate
The Vero Beach real estate continues strong post 2017 winter season. Despite the lower number of sales, sale prices jumped by almost 40% compared the same period last year. The market was very active for luxury homes on the barrier island which pushed the median of sale prices up. Buyers of high-end homes in Vero… [Read more…]