In the current Vero Beach real estate market, prices are increasing, demand for homes is high and the supply of homes available for sale is decreasing. In this market environment, pricing a house for sale is one of the biggest challenges that real estate professionals face. Vero Beach sellers often want to price their home… [Read more…]
Vero Beach Real Estate Market’s fast action took a break in June
Vero Beach real estate market activity took a break in June 2015 after the fast action of an excellent season. Sales decreased by 6.7% compared to the same period last year. Lack of inventory in some areas and price ranges has definitely affected sales and has created a seller’s market. Pending sales jumped by 9.9%… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report June 2015
In June 2015 the Vero Beach real estate market for single family homes on the barrier island with buyers concentrating on high-end homes. Sales in June decreased by 6% compared to the same period last year. The demand for Vero Beach single family homes on the barrier island has remained steady for homes price up… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report June 2015
The real estate market report for Vero Beach condos on the Barrier Island shows that in June 2015 the lack of inventory has affected sales with a 24% decrease compared to the same period in 2014. Demand has remained steady for lower priced condos and oceanfront condos but the lack of inventory has affected sales… [Read more…]
Vero Beach Mainland Real Estate Market Report June 2015
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…]
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…]