The real estate market for homes in Vero Beach mainland was more active in March 2016 with more sales than in February but still fewer than the same period in 2015. Sale prices are still appreciating and increased by 13% compared to the same period last year. The continued price appreciation is encouraging despite the… [Read more…]
February sales boost Vero Beach Real Estate Market
The jump in sales boosted the Vero Beach Real Estate market in February 2016 as more people have taken advantage of the historically low mortgage rates to claim a spot in warm and sunny Florida. Median of sale prices also jumped by 13% compared to the same period last year. Sales increased by 14.5% in… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report February 2016
February 2016 was a good month for Vero Beach Real Estate Market for single family homes on the island with more sales and further price appreciation. Inventory continues to increase which may help with future sales. Sale prices are still appreciating and the seller’s market continues for homes up to $450,000. A detailed view of… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report February 2016
Despite the decrease in sales, prices are on the rise for Vero Beach condos on the Barrier Island as the real estate market tries to gain strength in February 2016. The good news is that sale prices are still appreciating and increased by almost 50% compared to the same period last year.. The following sections… [Read more…]
Vero Beach Mainland Real Estate Market Report February 2016
In February 2016, the real estate market for homes in Vero Beach mainland picked speed with further price appreciation than the same period in 2015. At the same time, sale prices increased by 6.8% compared to the same period last year. The continued price appreciation is encouraging despite the low inventory. Vero Beach Real Estate… [Read more…]
Slow start for Vero Beach real estate market in 2016
The Vero Beach real estate market in January 2016 started slower than the previous years with fewer sales and lower sale prices and lower inventory which has been reduced by 9% compared to 2015. Overall, median of sale prices decreased by 3% in January 2016, a slight increase compared to previous year. Sales decreased by… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report January 2016
The Vero Beach Real Estate Market for single family homes on the island in January 2016 was again slow with fewer sales than the same time last year. The lack of inventory in some areas and price ranges continues to affect sales, but we expect that the increase in the inventory will have a positive… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report January 2016
The start of season was good for the real estate market for Vero Beach condos on the Barrier Island as prices have stabilized and continue to increase in January 2016. Sales were also increased compared to the same period in 2015. The following sections provide a detail view of the Vero Beach real estate market… [Read more…]
Vero Beach Mainland Real Estate Market Report January 2016
The real estate market for homes in Vero Beach mainland slowed down a bit in January 2016 with fewer sales than in December and the same period last year. Sale prices on the other hand increased by 5.3% compared to the same period in 2015. The continued price appreciation is encouraging despite the low inventory…. [Read more…]
Vero Beach Real Estate Market in 2015
The Vero Beach real estate market in 2015 gave us excitement with price increases but ended in December on a cautionary note with fewer sales as we are getting ready for the 2016 winter season. Inventory was reduced and it is 10% lower than in 2014. Overall, median of sale prices increased by 2.1% in… [Read more…]