The Vero Beach real estate market for condos on the Barrier Island in February 2017 remained flat amid increase in the inventory as sales and pending sales were at the same level compared to the same period last year. Sales are still soft but were counter balanced with increases in sale prices, a welcoming sign… [Read more…]
Vero Beach Mainland Real Estate Market Report February 2017
The Vero Beach real estate market activity in February 2017 for homes in mainland continues to outpace the marker on the barrier island. However, the the increases in sale prices have slowed indicating that they may be reaching their high point. The increase in inventory we saw the last few months may have a negative… [Read more…]
Mixed signals for Vero Beach real estate market in January 2017
The Vero Beach real estate market in January 2017 gave some mixed signals as the market activity increased but sale prices remained flat compared to last month and the same period in 2016. The real estate market on the mainland was again very active with slight increase in sale prices. The real estate market activity… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report January 2017
The Vero Beach Real Estate Market for single family homes on the island in January 2017 remains challenging as we are seeing a softening market in previously strong areas and price points despite the recent increase in market activity. Although sales increased this month, pending sales remain flat indicating that pricing may be getting ahead… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report January 2017
The Vero Beach real estate market for condos on the Barrier Island in January 2017 was a little more active with jump in pending sales compared to the same period last year. Sales slightly decreased but were counter balanced with the increase in Pending Sales which is good news for the market moving forward. Vero… [Read more…]
Vero Beach Mainland Real Estate Market Report January 2017
In January 2017 the Vero Beach real estate market activity for homes in mainland in continues to show strength. However, the appreciation of sale prices is slowing down indicating that sale prices may be reaching a plateau. The recent increases in mortgage rates may also impact sales although demand is still intact. The low inventory… [Read more…]
Vero Beach real estate market – 2016 year in review
The Vero Beach real estate market in 2016 was a tale of 2 different markets as the activity and sale prices of homes on the mainland outpaced those on the barrier island. Home sellers on the mainland experienced brisk activity and increases in sale prices, while those on the barrier island experience a market slow… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report December 2016
The Vero Beach Real Estate Market for single family homes on the island in December 2916 remains soft despite the recent increase in market activity. Although sales and sale prices increased this month, pending sales decreased indicating that pricing may have started to get ahead of the curve. Vero Beach Real Estate Market Highlights –… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report December 2016
In December 2016 the Vero Beach real estate market for condos on the Barrier Island was a little more active with increase in sales compared to the same period in 2015. However, the anemic Pending Sales figure along with the softening market raises some concerns as we are entering the 2017 season amid higher mortgage… [Read more…]
Sales jumped but sale prices retreated in Vero Beach real estate market
The Vero Beach real estate market saw some action in November 2016 with a jump in sales as buyers wanted to close the deal before mortgage rates continue to push higher. On the other hand, median of sale prices declined by 4.5% compared to the same period in 2015, an indication that sale prices have… [Read more…]