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…]
Vero Beach Barrier Island Single Family Real Estate Market Report July 2017
The Vero Beach Real Estate Market for single family homes the island in July 2017 was more active with more sales and higher prices than the same period on 2016. Sales were strong in July and increased by 34% demand for single family homes on the island continues strong even post season. Vero Beach Real… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report July 2017
The Vero Beach real estate market activity for condos on the Barrier Island in July 2017 got a break with fewer sales compared to the same period in 2016 and last month and the lowest in 3 years. Sales have been decreasing the last couple of months which suggests that that the prices have approached… [Read more…]
Vero Beach Mainland Real Estate Market Report July 2017
The Vero Beach real estate market activity for homes on the mainland in July 2017 continues to be active. The appreciation in sale prices is slowing down indicating that sale prices may be reaching a high point . The low inventory and the steady demand for homes in Vero Beach may keep pushing sale prices… [Read more…]
Housing Inventory at Almost All-Time Low
All across the country buyers are having hard time to find their dream home as inventory levels are at 30-year lows. Data from various agencies show that although buyers are actively looking for homes, sellers are not jumping with the same eagerness to list their homes. This is also true for Vero Beach real estate… [Read more…]
Strong Buyer Demand Lifts Home Prices
The housing inventory is at historic lows driving up prices and home buyers are finding that is getting harder to find that perfect home. This trend is also true here in Vero Beach as inventory levels are the lowest of the last 4 years which is driving prices higher in almost all areas. The following… [Read more…]
March 2017 was a good month for Vero Beach real estate
March 2017 was very good for the Vero Beach real estate as the market on the island was active for condos and single family homes, but the real estate market on the mainland was exceptionally active as buyers wanting to bit the clock on the rising mortgage rates and the inevitable increases in 2017. The… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report March 2017
The Vero Beach Real Estate Market for single family homes the island in March 2017 was more active with more sales and higher prices than the same period on 2016. Pending Sales also jumped by 36% which is good news for the market moving forward. Vero Beach Real Estate Market Highlights – March 2017 Sales… [Read more…]