The Vero Beach real estate market activity for condos on the Barrier Island in December 2018 and the whole year followed the same pattern as 2017. Sale prices are declining amid slower demand and increase in inventory. On the other hand, interest in high-end condos and townhomes on the island continues as new construction of… [Read more…]
Vero Beach Mainland Real Estate Market Report December 2018
The Vero Beach real estate market activity on the mainland in December 2018 continues strong with more sales and higher prices than the same period last year. However, inventory keeps increasing the last few months and at levels above those of last 3 years which may put a break in price appreciation. Vero Beach Real… [Read more…]
Vero Beach Real Estate – 2017 Year Review
A review of the Vero Beach Real Estate market in 2017 shows an active market with more sales and higher prices. An in-depth analysis of the 2017 real estate market reveals that Vero Beach mainland was a more active market than the one on the barrier island. The difference in these two markets was observed… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report December 2017
The Vero Beach Real Estate Market for single family homes the island in December 2017 got rejuvenated with more sales than the same period on 2016. Sale prices have stabilized for now and sit at the same level as last year. Demand for high-end single family homes on the island continues. Vero Beach Real Estate… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report December 2017
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…]
Home Prices Have Increased Significantly … Is This Another Bubble?
Home prices have increased significantly since the housing market bust we experienced across the country in 2008. This is also true here in Vero Beach where we have also seen a significant increase in sale prices since 2008. Are we in a new housing bubble? Many real estate market experts have been asked to answer… [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…]
Four Reasons to Sell Your Vero Beach Home this Fall
1. Buyer Demand is strong and will continue to be strong into 2018 Buyer demand is still strong nationally and it is true here in Vero Beach real estate. With inventory levels also still below historic numbers, you could be missing out on a great opportunity for your family. Housing supply just dropped to 5.1… [Read more…]