3rd Quarter Vero Beach Mainland

2018 3rd Quarter Vero Beach

RECENTLY SOLD

www.FLColdwellBanker.com

SOLD $650,000

SOLD $870,000

SOLD $717,000

215 Sea Gull Avenue

1059 W Polo Grounds Drive

1800 Cobia Drive

SOLD $629,000

SOLD $520,000

SOLD $500,000

3546 Marthas Lane

29 Seahorse Lane

SOLD $450,000

SOLD $390.000

SOLD $365,000

3017 Golfview Drive

6128 56th Avenue

6195 55th Avenue

1620 E Rosewood Court

SOLD $355,000 950 Quail Court

SOLD $290,000 1558 Lexington Square SW

Homes are selling fast!

Call now to see how much your home is worth!

772-778-2029

PRSRT STD US POSTAGE PAID West Palm Bch, FL Permit #611

Vero Beach Island Global Luxury 4625 Florida A1A Vero Beach FL, 32963 772-231-4880 Vero Beach Office 1950 US-1 Vero Beach FL, 32960 772-778-2029

North Hutchinson Island 4007 Florida A1A Fort Pierce FL, 34949 772-464-7007

ECRWSS

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www.FLColdwellBanker.com

POSTAL CUSTOMER

With 11 offices covering 135 miles of Florida’s East Coast, Coldwell Banker Paradise is the area’s largest full service real estate company.

2018 Vero Beach 3rd Quarter Real Estate

MARKET REPORT

Price Point

Year

Homes Sold

Current Listings

Month’s Supply

Average Price

Condos Sold

Current Listings

Month’s Supply

Average Price

Under

2018

838

200

2.1

$175,176

332

90

2.4

$108,466

$250,000

2017

869

204

2.1

$173,000

330

98

2.7

$107,543

Change

-3.6%

-2.0%

+1.7%

+1.0%

0.6%

-8.2%

-8.7%

+1.0%

$250,001 to

2018

542

299

5.0

$326,830

10

12

10.8

$320,800

$500,000

2017

478

248

4.7

$335,222

22

10

4.1

$326,886

Change

+13.4%

+20.6%

+6.3%

-3.0%

-54.5%

+20.0%

+164.0%

-2.0%

Over

2018

60

85

12.8

$699,036

8

3

3.4

$1,014,375

$500,001

2017

68

98

13.0

$683,745

10

3

2.7

$645,590

Change

-11.8%

-13.3%

-1.7%

+2.0%

-20.0%

0.0%

+25.0%

+57%

2018

1440

584

3.7

$254,084

350

105

2.7

$135,239

2017

1415

550

3.5

$252,344

362

111

2.8

$135,736

Change

+1.8%

+6.2%

+4.3%

+1.0%

-3.3%

-5.4%

-2.2%

0.0%

Total

Vero Beach Housing Market Unchanged The Vero Beach mainland housing market has seen

This was anticipated as part of the normal market cycles and

a shift in recent months with single family homes as

the trend will continue through 2019.The new home market

interest rates have increased. In addition, time on the

remains strong, dominated primarily by national builders. If you

market has increased as more and more listings have

are considering buying or selling, sit down with your real estate

come on the market. Prices for both single family homes

agent to find out the value of your current home. Call 772-

and condominiums are unchanged from the prior year.

778-2029 to contact your preferred real estate agent today.