2018 End of Year Sebastian
RECENTLY SOLD
SOLD $387,500
SOLD $380,000
SOLD $335,000
601 River Run Drive 6031
702 Easy Street
711 S East Street
SOLD $300,000
SOLD $291,000
SOLD $286,000
798 Gossamer Wing Way
143 Stony Point Drive
1576 Addie Street
SOLD $250,000
SOLD $234,900
SOLD $230,000
1206 Briarcliff Court
720 Bayfront
488 Bywood Ave
Call to see how much your home is worth! 772-589-7777 SOLD $209,900 882 Gilbert Street
SOLD $196,000 1361 Clearbrook Street
VERO BEACH ISLAND OFFICE 4625 Florida A1A Vero Beach FL, 32963 772-231-4880 INDIALANTIC OFFICE 232 5th Ave Indialantic FL, 32903 321-951-3300
SEBASTIAN OFFICE 1209 US-1 Sebastian FL, 32958 772-589-7777
www.FLColdwellBanker.com
2018 Sebastian End of Year Real Estate
MARKET REPORT Sebastian Housing Market Offers A Healthy Selection for Buyers Available property for sale in
part of the 20th largest brokerage
America, and in the Virgin Islands.
Sebastian has risen by a significant
in the country. Specializing in
If you are considering buying or
36.7%.
Sebastian’s market is
luxury and resort markets, we have
selling, call us in Paradise find
adjusting to the higher interest
offices on the East Coast and West
out the value of your current
rates and a small decline in sales
Coast of Florida, throughout North
home,772-589-7777.
activity. As a result the number of properties on the market has risen substantially this year. This has caused time on the market to extend to 3.9 months which
Price Point
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
$100,000 to
2018
546
145
3.2
$191,380
$250,000
2017
628
101
1.9
$186,772
Change
-13.1%
+43.6%
+65.1%
3%
$250,001 to
2018
220
79
4.3
$300,970
$500,000
2017
165
59
4.3
$304,353
Change
+33.3%
+33.9%
+0.4%
-1.0%
keeps the market strong for sellers but more signficantly, creates a good selection for buyers.
2018
is projected to show moderate growth with prices rising in the 1% to 3% range. New construction
Over
2018
8
30
45.0
$642,500
costs continue to rise creating
$500,000
2017
9
25
33.3
$846,789
Change
-11.1%
+20.0%
+35.0%
-24.0%
2018
792
257
3.9
$224,702
2017
823
188
2.7
$214,702
Change
-3.8%
+36.7%
+42.1%
+5.0%
advantages for the existing home market. Coldwell Banker Paradise is a proud member of the Schmidt Family of Companies, making us
Total
FLColdwellbanker.com