The real estate market on the mainland in Vero Beach was very active in June 2015 but with slightly fewer sales than last year and continued price appreciation. Sale prices increased by 8.1% compared to the same period last year. The market action in June was encouraging with increases in pending sales despite the transition… [Read more…]
Sebastian Real Estate Market Report June 2015
June 2015 was a good month for the Sebastian Real Estate market with increased activity further reduction in the inventory. Homes were selling faster than the previous months and the same period in 2014. This Sebastian real estate market report is updated on a regular basis and detailed insight into the Sebastian real estate market…. [Read more…]
NAR – Pending Home Sales Remain Strong In June 2015
Pending home sales is a good indicator of the strength of a particular real estate market. The chart above from the National Association of REALTORS’ (NAR) Pending Home Sales Index, shows some interesting statistics. The (NAR) Pending Home Sales Index is “a forward-looking indicator based on how many units have gone under contract which will… [Read more…]
Vero Beach Real Estate Market Activity Continues Strong Post Season
Vero Beach real estate market activity continued strong post season in May 2015 with increases in sales and sale prices in some areas. Sales accelerated on the barrier island and slightly increased on the mainland in Vero Beach compared to the same period last year. Lack of inventory in some areas and price ranges has… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report May 2015
The Vero Beach real estate market for single family homes on the barrier island in May 2015 was very active even with lower inventory. Sales in May jumped by 19% compared to the same period last year and by 34% compared to April. The demand for Vero Beach single family homes on the barrier island… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report May 2015
The Vero Beach estate market for condos on Barrier Island shows that in May 2015 selling has subsided but seller’s market continues below $450,000 and in $500,000 to $550,000 price range and in all areas except North Beach. Demand has remained steady for lower priced condos and oceanfront condos from South Beach to Central Beach… [Read more…]
Vero Beach Mainland Real Estate Market Report May 2015
The Vero Beach real estate market on the mainland in May 2015 was very active with slightly fewer sales than last year but continued price appreciation. Sale prices increased by 16% compared to the same period last year. The continuation of low mortgage rates is good news for the market and for the sellers of… [Read more…]
Sebastian Real Estate Market Report May 2015
In May 2015 the market for the Sebastian Real Estate was again very active with a jump in median of sale prices and further reduction in the inventory than the previous month and the same period in2014. This is an interactive real estate market report and gets updated in real time. To view an up… [Read more…]
A great season ending for Vero Beach Real Estate Market
The 2015 season for Vero Beach real estate market officially ended in April with a lot of activity and potential for further price increases based on the pending sales which jumped by 9.8%. Lack of inventory has definitely affected sales which remained flat compared to the same period last year. Fewer homes were sold on… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report April 2015
In April 2005 the Vero Beach real estate market for single family homes on the barrier island was very active despite the lower inventory. Sales increased by 33% compared to March, but still lower than the same period in 2014. The lack of inventory has definitely affected sales. The good news is that the buyers… [Read more…]