In September 2015, the real estate market on the mainland in Vero Beach was active with more sales than last year and more price appreciation. Sale prices are still appreciating and increased by 6% compared to the same period last year. The market action in September is encouraging as we are getting ready for the… [Read more…]
The Economic Impact of Home Sales
Every home that is sold has an economic impact to the local market. The infographic above shows the economic impact of home sales in each state. Home sales in Vero Beach real estate market in Florida contribute on the average $41,000 to $50,000 to the local economy as illustrated in the above infographic. The data… [Read more…]
Where are Vero Beach real estate prices headed?
Vero Beach real estate market was active in August 2015 but sale prices are not appreciating in all areas. There are mixed signals that the current Vero Beach real estate market is giving us as we are headed into the fall season. Overall we saw a slight decrease in average of sale prices by 2.3%… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report August 2015
The Vero Beach real estate market for single family homes on the barrier island in August 2015 was active with increases in sale prices but the lack of inventory in some areas and price ranges has affected sales. Sale prices have started to appreciate gain and increased by 5.3% compared to the same time last… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report August 2015
In August 2015, the real estate market for Vero Beach condos on the Barrier Island took a little break as sales and sale prices are declining. Sales decreased by 21% in August 2015 compared to July but slightly increased compared to the same time last year. The low inventory levels in some price ranges has… [Read more…]
Vero Beach Mainland Real Estate Market Report August 2015
The real estate market on the mainland in Vero Beach was active in August 2015 with slightly more sales than last year and further price appreciation. Sale prices are still appreciating and increased by 8% compared to the same period in 2014. The market action in August is encouraging despite the low inventory level. Vero… [Read more…]
Sebastian Real Estate Market Report August 2015
The Sebastian Real Estate market in August 2015 was active with increases in sales. Sale prices have stabilized and price appreciation has taken a break. The median of sale prices increased by 8% compared to July but decreased by 9% compared to the same period in 2014. The Sebastian real estate market reports are live… [Read more…]
Home Prices Rising but what are Appraisers think?
Vero Beach home prices are on the rise as in most areas in the country, but price increases have retreated the last few months. Every month, Quicken Loans releases their national
Home Prices Up in Most of Real Estate Markets
The Vero Beach real estate market in Q2 of 2015 is following the national trend with higher prices and more sales than the same period last year. The above infographic shows home sales and price action at the national level. The Vero Beach Real Estate Market August 2015 1. Vero Beach home prices of single… [Read more…]
Vero Beach real estate prices are still appreciating but not everywhere
Vero Beach real estate market was active in July 2015 and sale prices are still appreciating but not in all areas. Median of sale prices increased by 2.7% compared to the same period last year. The market action in July was encouraging with increases in sales despite the reduction in the inventory. Pending sales also… [Read more…]