to the
SPACE & TREASURE coast
Coldwell Banker Paradise
HOMES FOR DOGS PROJECT
approximately
2,200
adoptions to date and counting
You are invited to our first Annual Dog Adoption Event at Coldwell Banker Paradise! September 7th and September 9th
Call Dustin Haynes, REALTOR, GRI 772-205-1931 CBHomesForDogs.com
COLDWELL BANKER PARADISE
ST. LUCIE COUNTY
St. Lucie County
1214 Country Gardens Lane, Fort Pierce, FL 34982 | $1,495,000 | 4/4/2 A Unique Enclave of Seclusion! A well maintained 9.5 acre estate home site which is full of Old Florida mature oaks and rests at the edge of the St. Lucie River. It is a rare offering of Old Florida at it’s finest in the desirable location of White City. Showcasing this enclave is a 2001 Southern-style Plantation custom built home featuring 4 beds 3.5 baths, a historical 1920’s Original home with 3 beds 2 baths, and a separate Guest house, complete with an indoor steam spa, outdoor shower, and sparkling pool. (RX-10330662)
Daniel Ochse REALTOR Coldwell Banker Paradise
Natalie Ochse REALTOR Coldwell Banker Paradise
Daniel.Ochse@ColdwellBanker.com
Natalie.ochse@ColdwellBanker.com
772-633-8200
772-370-8675
COLDWELL BANKER PARADISE
ST. LUCIE COUNTY
1001 SE Kitching Cove Lane, Port St Lucie FL 34952 | $1,339,99.99 Right on the edge of the St. Lucie River, in Kitching Cove sits a beautiful 2 story home full of southern charm. Ocean access navigated with no fixed bridges is only a part of this southern coastal dream. A refreshing solar heated pool with a soothing rock fountain awaits you. When you are needing a little break from the sun, a wrap around balcony will share gorgeous views of the sunsets with you. (RX-10203484)
Justine Westmoreland REALTOR
Adena Williams REALTOR
772-361-5230
772-497-4424
justine.westmoreland@coldwellbanker.com adena.williams@ColdwellBanker.com
COLDWELL BANKER PARADISE
ST. LUCIE COUNTY
5109 S Indian River Drive, Fort Pierce, FL 34950 | $1,249,900 Boating, fishing, dolphin, manatee watching...you will never miss a beautiful moment at this stunning home right on the Indian River. Enjoy over 100 feet of beautiful views of the intracoastal. This estate home was custom built in 2008 and holds five bedrooms and 5 baths. Welcoming glass doors welcome you home, and the gourmet kitchen features all the tools for a chef! The master shows off a custom steam shower, and there are so many other extras this home would love to give you! (RX-10313201)
Debbie Fitzgerald REALTOR
Robenson JusteREALTOR
772-812-3300
772-971-2431
debbie.fitzgerald@ColdwellBanker.com robenson.juste@ColdwellBanker.com
St. Lucie County Mid-Year Comparison 2017 to 2016 SINGLE FAMILY HOMES
Price Point Under $250,000
$250,001 to $500,000
$500,001 to $1,000,000
Over $1,000,000
Total
Price Point
CONDOS
Under $250,000
$250,001 to $500,000
$500,001 to $1,000,000
Total
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
2017
2150
640
1.8
$177,920
2016
2172
682
1.9
$161,774
Change
-1.0%
-6.2%
-5.2%
+10.0%
2017
645
648
6.0
$306,753
2016
440
398
5.4
$304,951
Change
+46.6%
+62.8%
+11.1%
+1%
2017
44
98
13.4
$649,705
2016
25
57
13.7
$620,400
Change
+76.0%
+71.9%
-2.3%
+5.0%
2017
4
26
39.0
1,607,500
2016
0
16
0.0
--
Change
100%
+62.5%
100%
--
2017
2843
1412
3.0
$216,461
2016
2637
1153
2.6
$190,011
Change
+7.8%
+22.5%
+13.6%
+14.0%
Year
Condos Sold
Current Listings
Month’s Supply
Average Price
2017
199
78
2.4
$93,561
2016
213
78
2.2
$87,900
Change
-6.6%
0.0%
+7.0%
+6.0%
2017
3
3
6.0
$330,667
2016
1
3
18.0
$450,000
Change
+200.0%
0.0%
-66.7%
-27.0%
2017
0
2
0
0
2016
0
1
0
0
Change
0.0%
+100.0%
0.0%
0
2017
202
86
2.6
$97,082
2016
214
86
2.4
$89,681
Change
-5.6%
+0.0%
+5.9%
+8.0%
St. Lucie County Housing Market Continues to Remain Healthy With double digit increases in both inventory and average sales price, the St. Lucie County Housing Market is likely to continue its healthy pace throughout 2017, reports Coldwell Banker Paradise in their recently released Mid-Year Housing Report.
“Its a great time to sell with real movement in the market, and if you are in the market to buy, now is a better time than ever,” stated Coldwell Banker Paradise Co-Owner and Broker Linda Schlitt Gonzalez. “Interest rates are likely to rise, now would be advisable for buyers to jump in.”
This year, as many homeowners have found their equity levels rising, more and more St. Lucie residents are looking to finally make their move. Single family homes saw a 46% increase in sales at the $250k-$500K level.
A more moderate pace in the condominum market leads to a more balance market overall, with inventory slightly up and sales slowing their pace. Affordable units are continuing to be sought after from both investors and retirees, however inventory levels have remained stable.
Buyers who are relocating from the Miami-Fort Lauderdale and West Palm Beach markets would do well to work with a savvy agent who can keep them abreast of new properties coming onto the market, especially with the movement in the market.
The leader in full service local real estate, Coldwell Banker Paradise agents closed over 2,234 transactions in the last year, placing the company as the 350th largest broker in the country in units sold, according to the Real Trends 500 survey. Nationally, Coldwell Banker out-produced every other national brand, ranking #1 for dollar volume.
COLDWELL BANKER PARADISE
ST. LUCIE COUNTY
2021 S Indian River Drive, Fort Pierce, FL 34950 | $890,000 Get ready to enjoy stunning sunrises and gorgeous panoramic water views from this classic elegant home. Take in the tropical breezes from your picturesque front porch overlooking all the lush tropical landscaping. Inside, there is so much to take in from the beautiful hardwood floors and wood burning fireplace, to the beautiful kitchen with a butcher’s pantry and wet bar. The copper roofed sunroom reflects some of the sun’s heat, allowing you to relax there all year long. The master suite is +600 sq feet with pristine views of the river. Bring your toys as there is an oversized 3 car garage with ample storage space,
Pat Murphy REALTOR
and don’t forget the boat to go with the Coldwell Banker Paradise 250 foot boat dock with two slips. This is coastal riverfront living at its finest. (RX-10297956)
772-971-7472
hoyt.murphyjr@ColdwellBanker.com
COLDWELL BANKER PARADISE
ST. LUCIE COUNTY
1714 Coconut Drive, Fort Pierce, FL 34949 | $799,500| 4/3/2 Found in the prestigious Jennings Cove on South Hutchinson Island, this exceptional, custom pool home was built with superior quality and craftsmanship featuring 14’ vaulted celings, a barrel tile roof and is beautifully maintained inside and out. The master suite pampers you with the master bath offering dule sinks, a luxurious claw foot soaking tub and 2 large walk in closets. A chef’s kitchen showcases custom cabinets, granite counters and stainless stell appliances. The open floor plan and expansive family room overlooking the back porch and screened heated pool and jacuzzi is enhanced by the travertine marble pool deck. You will treasure the memories made in this home. (RX-10336509)
Hoyt Murphy, REALTOR Coldwell Banker Paradise
Linda Nelson, REALTOR Coldwell Banker Paradise
hoyt.murphyjr@coldwellbanker.com
linda.nelson@ColdwellBanker.com
772-971-7424
772-971-7147
COLDWELL BANKER PARADISE
ST. LUCIE COUNTY
4310 A1A 302, Hutchinson Island, FL 34949 | $795,000 | 3/2.1/2 Enjoy the Spectacular Ocean views from this 3rd floor 3 bedroom 2 1/2 Bathroom condo right on the ocean. With a beautiful interior and an open floor plan, its easy to look around and enjoy all the upgrades this unit has to offer. Sit on your balcony and watch the sun come up or take a nice long walk on the most beautiful beach on the Treasure Coast. (RX-10348309)
Daniel Ochse REALTOR
Natalie Ochse REALTOR
772-633-8200
772-370-8675
Daniel.Ochse@ColdwellBanker.com Natalie.ochse@ColdwellBanker.com
COLDWELL BANKER PARADISE
ST. LUCIE COUNTY
3702 North A1A 601, Hutchinson Island, FL 34949 | $725,000 | 4/3.5/2 Gorgeous Oceanfront Condo in Grande Isle with beautiful sweeping views of the Ocean and Intracoastal waterway. Perfect for casual or formal living, this Oceanfront condo with luxurious appointments is sure to impress the most discriminating buyer. This Spectacular 4 bedroom,3 1/2 bath condo -with a 1 car garage, is one of the most desirable units in Grande Isle.The community amenities include a beautiful pool and hot tub, billiards room, gym and a community room. (RX-10353166)
Daniel Ochse REALTOR
Natalie Ochse REALTOR
772-633-8200
772-370-8675
Daniel.Ochse@ColdwellBanker.com Natalie.ochse@ColdwellBanker.com
Hutchinson Island Mid-Year Comparison 2017 to 2016
SINGLE FAMILY HOMES
Price Point Under $250,000
$250,001 to $500,000
$500,001 to $1,000,000
Over $1,000,000
Total
Price Point
CONDOS
Under $250,000
$250,001 to $500,000
$500,001 to $1,000,000
Total
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
2017
7
0
0.0
$221,429
2016
18
2
0.7
$203,433
Change
-61.1%
-100.0%
-100.0%
+9.0%
2017
24
15
3.8
$364,497
2016
25
19
4.5
$380,544
Change
-4.0%
-21.1%
-17.8%
-4.0%
2017
10
25
15.0
$704,020
2016
8
23
17.3
$342,072
Change
+25.0%
+8.7%
-13.0%
+106%
2017
3
11
22.0
$1,876,667
2016
5
6
7.2
$1,542,000
Change
-40.0%
-83.3%
205.6%
22%
2017
44
51
7.0
$522,003
2016
56
50
5.4
$421,820
Change
-21.4%
+2.0%
+29.8%
+24.0%
Year
Condos Sold
Current Listings
Month’s Supply
Average Price
2017
100
58
3.5
$187,382
2016
134
55
2.5
$185,719
Change
-25.4%
+5.5%
+41.3%
+1.0%
2017
65
73
6.7
$318,680
2016
105
78
4.5
$319,529
Change
-38.1%
-6.4%
+51.2%
0.0%
2017
6
22
22
$606,917
2016
8
15
11.3
$633,750
Change
-25.0%
+46.7%
-28%
-4.0%
2017
171
156
5.5
$252,011
2016
247
148
3.6
$257,112
Change
-30.8%
+5.4%
+52.3%
-2.0%
2nd Quarter Activity Leads to Gains in Hutchinson Island Market Many homeowners, especially at the over $500k price point, have recovered enough equity to start exploring their options. This has led to increases in both inventory and sales at this level, providing a real upturn in activity on Hutchinson Island for the 2nd Quarter reports Coldwell Banker Paradise. Waterfront and new development dominated the 2nd Quarter single family home sales. The largest improvement for Hutchinson Island properties was in the over $1M market with a significant amount of new listings at 83.3%. Homeowners are likely seeing the positive trend in the sellers market with buyers buying at a fast rate. Price increases were healthy, while overall sales saw a decrease of 21% (mostly due to inactivity at the beginning of the year). Inventory has been steadily increasing providing more selection for buyers.
Buyers relocating to Hutchinson Island will find inventory increasing and homes under $500K adjusting in price. It will serve them well to have an experienced agent keeping them up to date with new properties on the market. Condominium sales on Hutchinson Island are experiencing a market adjustment, with sales down and prices stabilizing. “Its a great time to sell with real movement in the market, and if you are in the market to buy, now is a better time than ever,” stated Coldwell Banker Paradise Co-Owner and Broker Linda Schlitt Gonzalez. “Interest rates are likely to rise, now would be advisable for buyers to jump in.”
COLDWELL BANKER PARADISE
COLDWELL BANKER PARADISE
4400 N A1a 7 S, Hutchinson Island, FL 34949 | $681,000 Luxurious oceanfront. Each unit in this building occupies ½ of each floor and the elevator opens directly into the unit. Open living with ocean views front the living room, dining room and kitchen. Living room features a fireplace and 30 ft wide floor-to-ceiling windows with ocean, beach views and river views. Ceramic tile floors throughout. Large kitchen includes granite counters, cherry cabinets, a center island, cook top and wall oven. Guest bedrooms have west balcony with preserve and river views. Master suite sanctuary with jetted tub, walk-in shower, 3 closets and floor to ceiling windows facing east and a small office. (RX-10329122)
Jeff Mitchell REALTOR Coldwell Banker Paradise
772-359-9335
Jeff.Mitchell@ColdwellBanker.com
ST. LUCIE COUNTY
COLDWELL BANKER PARADISE
ST. LUCIE COUNTY
3000 North A1A 7-B, Hutchinson Island, FL, 34949 | $675,000 3|2.5|1 Outstanding and upgraded to excellence with gorgeous views. This unit has 3 bedrooms, 2.5 baths and includes a garage. The Atrium Condominium buildings on North Hutchinson Island has 12 floors with 48 three bedroom units. Both models in each building are over 2,100 sqft under air. All units have exterior balconies with ocean views and the corner units also have balconies facing west. The penthouse units all have private rooftop patios. The entrance to all units is from the interior garden atrium. Each building has separate amenities and a separate management association. (RX-10354648)
Sergei Goukasov REALTOR
772-216-7126
sergei.goukasov@ColdwellBanker.com
COLDWELL BANKER PARADISE
2014 Windward Drive, Fort Pierce, FL 34949 | $629,900 Take in the view from your windows, direct ocean access in Ocean Village on Beautiful South Hutchinson Island. This designer furnished home has many upgrades, and has a enclosed glassed balcony that offers the best views. This could be a great investment opportunity or winter home. Ocean Village offers a wide variety of activities including golf, tennis, shuffleboard, pools, private ocean access, dining and more. Live like others vacation. (RX-10313136)
Linda Nelson REALTOR Coldwell Banker Paradise
772-971-7147
linda.nelson@ColdwellBanker.com
ST. LUCIE COUNTY
COLDWELL BANKER PARADISE
10650 Carlton Road, Port St. Lucie, FL 34987 | $625,000 Country living at its finest! This is a spacious four bedroom three bathroom custom built home dones over 20 acres. Space is one thing you will have plenty of, so bring the horses or cattle. There is a 20ft by 50ft CBS storage building also that would be ideal for a tack room or hobby space. This property is near the St Lucie County fairgrounds, minutes to I-95 and St. Lucie West, so you will be close to all that you need, but you will still have that country lifestyle you love. (RX-10318835)
Peggy Murphy REALTOR Coldwell Banker Paradise
772-370-1135
peggy.murphy@ColdwellBanker.com
ST. LUCIE COUNTY
COLDWELL BANKER PARADISE
ST. LUCIE COUNTY
241 Fernandina Street, Fort Pierce, FL 32950 | $619,000 | 2/2/1 This home captures all the old Florida style and charm, featuring original terrazzo floors, spacious living room and sun room, updated kitchen, spacious bedrooms, and a pergola off the back patio to enjoy beautiful sunsets overlooking the Indian River with a Dock and large back yard for entertaining. Walking distance to the beach, restaurants and entertainment. (RX-10326599)
Debbie Fitzgerald REALTOR
Robenson JusteREALTOR
772-812-3300
772-971-2431
debbie.fitzgerald@ColdwellBanker.com robenson.juste@ColdwellBanker.com
COLDWELL BANKER PARADISE
ST. LUCIE COUNTY
1671 Binney Drive, Fort Pierce, FL 34949 | $575,000 | 3/2/1 This is the greatest Opportunity on the island. Take a look at the lowest priced waterfront single family house on South Hutchinson Island, and a buildable lot next door. Recently remodeled and ready for new ownership. This is just two blocks away from the unspoiled beaches and world renowned fishing, and extraordinary dining. (RX-10311044)
Cheryl Brush REALTOR Coldwell Banker Paradise
772-359-7706
cheryl.brush1@coldwellbanker.com
COLDWELL BANKER PARADISE
ST. LUCIE COUNTY
1002 Windward Drive 1002, Hutchinson Island, FL 34949 | $574,000 | 3/2/1 Walk out your back patio and head to the ocean with this oceanfront condo.. Amazing view of the Atlantic Ocean. Open and spacious, this corner unit will inspire you as you watch the gorgeous sunrises. Ocean Village offers a lifestyle of island living with pristine beaches, golf, fantastic dining, and adventure. (RX-10307496)
Debbie Fitzgerald REALTOR Coldwell Banker Paradise
772-812-3300
Robenson JusteREALTOR Coldwell Banker Paradise
772-971-2431
debbie.fitzgerald@ColdwellBanker.com robenson.juste@ColdwellBanker.com
COLDWELL BANKER PARADISE
ST. LUCIE COUNTY
2400 S. Ocean Drive 4192, Fort Pierce, FL 34949 | $559,000 Absolutely beautiful Direct views of the ocean and intracoastal from this 9th floor ‘’Seascape’’ condo! Two large balconies to enjoy endless ocean breezes and unobstructed ocean views! Recently renovated & nicely upgraded. This condo would be an excellent rental unit if owners so desire. Located on beautiful South Hutchinson Island with 21 miles of uncrowded & unspoiled beaches and you can enjoy the best of Florida living at Ocean Village, an ocean side community with 24 hr. gated security, 9 hole par 3 golf course, hard & clay tennis courts, bocce ball, shuffleboard, 6 heated pools, clubhouses, oceanfront restaurant, tiki bar by main pool and 3000 feet of ocean front. (RX-10353766)
Linda Nelson REALTOR Coldwell Banker Paradise
772-971-7147
linda.nelson@ColdwellBanker.com
3|2|1
How Much House Can You Afford? HOUSE POOR [adjective | hous – poo·r] A person who can afford his or your life or finances, then you may be able to afford a larger mortgage her home mortgage payments, but can’t afford much of anything else. payment. If you do have life plans that will impact your finances in the near future, it may be best to secure a more manageable mortgage Here are the ABC’s of finding a dream house that you can reasonpayment. ably afford. Also, job security is critical when deciding how much home you can ASSESS YOUR RATIOS afford. How long have you been working? Do you suspect any major upheavals in the company anytime soon? Have there been any major Finding that magic mortgage number of how much home you can layoffs? realistically afford. You never know what the future holds, make sure that you have an Front-End Ratio: A front-end ratio is known as the mortgage-to-inemergency fund that can cover all of your necessary expenses while you come ratio. You find this ratio by using a debt to income calculator or get back on your feet. An emergency fund should cover at least three to by dividing your projected monthly mortgage payments by your gross six months of your living expenses. monthly income. For example, if your monthly mortgage payment would be $1,500 and your monthly income is $6,000, your front-end If you haven’t built this fund yet, plan out how you can put some dollars ratio would be 1500/6000 or 25%. This projected mortgage payment towards creating these reserves before you decide how much you want should include the principal, taxes, insurance, and interest payments. to spend on buying a house. Many lenders have limits on the maximum front-end ratio that they’ll permit. If you’re seeking an FHA loan, the federal cap on front-end CALCULATE OTHER MONTHLY EXPENSES ratios is 31%. Your total monthly expenses will affect how much home you’re able to Back-End Ratio: Your debt-to-income ratio is your back-end ratio. afford. The back-end ratio can be found by adding all of your monthly debt payments, including your car payments, credit card payments and Calculate all of your expenses, such as groceries, gas, dining out, any other outstanding debt, then dividing this number by your gross clothes, miscellaneous goods, toiletries, cosmetics, utilities, and car monthly income, which is the amount earned before taxes or other expenses. Don’t forget to include line-items for travel, holidays and deductions. The higher your back-end ratio is, the more difficult it other annual expenses. Forgetting to calculate these annual or biannual is to meet your monthly mortgage payments. Lenders will also have expenses can have a reverberating impact on your ability to afford your maximum caps on this. The absolute highest back-end ratio you can home. have and still qualify for an FHA mortgage is 43%. Bet on Life Now that you know the ABC’s of what you can afford, check out the homes we have available at Coldwell Banker Paradise by going to our Are you starting a new career? Returning to graduate school? Do you website FLColdwellBanker.com, or calling our main office at 772-778plan on growing your family? If you don’t expect any big changes to 2029 today to speak to a licensed Real Estate Agent.
COLDWELL BANKER PARADISE
INDIAN RIVER COUNTY
Indian River County
9160 Marsh Island Drive, Vero Beach 32963|$1,950,000 | 4/4 This estate home is surrounded by nature, amazing wild life, liquid views all while living in harmony with nature. The home is a striking West Indies Style with highend finishes that dazzle. It was required to meet the high standards of the ARC Board. The location is one of a kind with a FAIRY TALE CHARM delivering a well deserved HAPPY ENDING. Enjoy watching the dolphins jumping in the lagoon or the many species of birds common to this area. (185578)
Mary Lou Ciambriello, REALTOR Coldwell Banker Paradise
561-305-7139
MaryLou.Ciambriello@ColdwellBanker.com
COLDWELL BANKER PARADISE
INDIAN RIVER COUNTY
13155 N. Indian River Drive, Sebastian 32958|$1,375,000 | 4/3 A Fisherman’s Palace on the Indian River describes the easy going, natural beauty and exquisite taste of this nature lover’s estate with 215’ of river frontage. This living compound is nothing short of glorious, from the breathtaking views of the Indian River to the Chef’s kitchen. Plenty of room for family and friends with a guest quarters on first level. Get your work done on the second level master suite with office and water views. (176134)
Susan Maitner, REALTOR Coldwell Banker Paradise
772-913-0222
Susan.Maitner@ColdwellBanker.com
COLDWELL BANKER PARADISE
INDIAN RIVER COUNTY
130 Rivercore Lane, Vero Beach 32963|$1,329,000 | 6/5 By land or by sea, this magnificent oasis in a charming cul-de-sac gives you access to the best inlets and marinas around. If the sea is calling you, there’s a deep water dock that will keep you content. For days when home is where you want to be, relax by the pool and spa while taking in views of the Indian River. With all of this extra room, you will want to have guests, so make them at home in their private one bed, one bath cabana aside from the main home. Indulge your inner-gourmet with all of the finest and most modern conveniences in your state-of-the-art kitchen where cooking will be an adventure! (179856)
Robenson Juste, REALTOR Coldwell Banker Paradise
Deborah Fitzgerald, REALTOR Coldwell Banker Paradise
Robenson.Juste@ColdwellBanker.com
Debbie.Fitzgerald@ColdwellBanker.com
772-971-2431
772-812-9600
COLDWELL BANKER PARADISE
3006 Eagle Drive, Vero Beach 32963|$1,195,000 | 3/3 Picture yourself living in a brand new, custom designed 2 story fortress in Central Beach Vero... you can walk to the beaches, shopping, restaurants and parks. Almost anything you could imagine, including theater and an art museum are a stone’s throw from you back door. Your family and friends will love the glorious Florida outdoor living with fireplace, pool and covered porch. (178008)
Joseph & Joseph, REALTORS Coldwell Banker Paradise
772-360-6824
Joseph.Schlitt@ColdwellBanker.com
INDIAN RIVER COUNTY
COLDWELL BANKER PARADISE
INDIAN RIVER COUNTY
470 N Arrowhead Trail, Vero Beach 32963|$1,000,000 | 4/4 Ocean-to-river living. Custom home on .56 acre cul-desac. Inviting formal - informal rooms view 60ft+ lanai, pool/ spa. Design features include fireplace, bookcases, millwork, hardwood, tile, 2 pane windows. Large kitchen open to family room extends to billiard room. Thermador cooktop. Master closet “safe room.” Clubhouse, 6 tennis courts, pool, fitness, Intracoastal docks, beach gazebo. (171359)
Jeff & Ginny Mitchell, REALTORS Coldwell Banker Paradise
772-321-3355
Ginny.Mitchell@ColdwellBanker.com
COLDWELL BANKER PARADISE
INDIAN RIVER COUNTY
846 Banyan Road, Vero Beach 32963 | $990,000 | 4/3.5 This is the first house from Ocean Drive and steps away from pristine beaches, shops, and restaurants including the famous “Bobby’s”. It is a 3 bedroom, 2.5 bathroom 4500+ square foot house that is almost done being renovated. Improvements already completed include roof, carport, impact windows, electric, plumbing and kitchen. There is also a connected guest house which is 1 bedroom, 1 bathroom with an optional 2-car garage and pool house. Home boasts possible living space on 2-lots. (187401)
Jason Gill, REALTOR Coldwell Banker Paradise
772-696-5600
Jason.Gill@ColdwellBanker.com
Vero Beach Island Mid-Year Comparison 2017 to 2016
Higher Inventory on Island Market Gives Buyers Choices Significant inventory gains for Vero Beach Island properties leads to a favorable market for buyers, reports Coldwell Banker Paradise in its recently released 2017 Mid-Year Market Report. Due to increased appreciation, many homeowners, especially for those over the $500K price point, have recovered enough equity to start exploring their options. This has led to significant increases in inventory, providing a real upturn in listing activity on the Island.
SINGLE FAMILY HOMES
With triple digit increases in inventory in the over $1M price point, buyers are in a good position to shop around. “To keep buyer interest high, sellers will need to work with an experienced agent who can respond quickly to reflect changes in the market,” stated Co-Owner and Broker Linda Schlitt Gonzalez. Well-priced, well-placed homes will attract the right buyers. “Buyer enthusiasm and response will set the Island market in the months to come,” added Gonzalez. Price Point Under $500,000
$500,001 to $1,000,000
Over $1,000,000
Total
Price Point
CONDOS
Under $500,000
$500,001 to $1,000,000
Over $1,000,000
Total
The leader in full service local real estate, Coldwell Banker Paradise agents closed over 2,234 transactions in the last year, placing the company as the 350th largest broker in the country in units sold, according to the Real Trends 500 survey. Nationally, Coldwell Banker out-produced every other national brand, ranking #1 for dollar volume. Service, dedication, and an unwavering commitment to the highest ideals of their profession, Co-Owners and Brokers Steven Schlitt and Linda Schlitt Gonzalez have grown their business exponentially, becoming one of the Top Three Coldwell Banker Franchise’s in the state of Florida. In addition, for nearly 15 years, they have been honored annually with the Chairman’s Circle from Coldwell Banker national. The Chairman’s Circle award is the most prestigious designation a Coldwell Banker affiliated company can achieve signifying the top six percent of Coldwell Banker affiliated residential real estate brokerage companies in the world.
COLDWELL BANKER PARADISE
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
2017
77
34
2.6
$402,895
2016
55
38
4.1
$372,366
Change
+40.0%
-10.5%
-36.1%
+8.0%
2017
90
137
9.1
$707,154
2016
73
86
7.1
$688,251
Change
+23.3%
+59.3%
+29.2%
+3%
2017
63
185
17.6
$2,059,915
2016
64
91
8.5
$2,271,434
Change
-1.6%
+103.3%
+106.5%
-9.0%
2017
230
356
9.3
$975,832
2016
192
215
6.7
$1,125,490
Change
+19.8%
+65.6%
+38.2%
-13%
Year
Condos Sold
Current Listings
Month’s Supply
Average Price
2017
74
90
7.3
$297,574
2016
89
61
4.1
$285,628
Change
-16.9%
+47.5%
+77.4%
+4.0%
2017
40
35
5.3
$649,375
2016
42
27
3.9
$662,726
Change
-4.8%
+29.6%
+36.1%
-2.0%
2017
13
27
12.5
$1,664,615
2016
3
11
22.0
$1,083,333
Change
+333.3%
145.5%
-43.4%
+54.0%
2017
127
152
7.2
$548,310
2016
134
99
4.4
$421,681
Change
-5.2%
+53.5%
+62.0%
+30.0%
COLDWELL BANKER PARADISE
INDIAN RIVER COUNTY
13380 Old Dixie Highway, Sebastian 32958|$888,000 | 4/3 If you love the homes in Key West then you’ll be crazy about this Capp Custom home surrounded by “Old Florida” lush landscaping. While private, it is still walking distance to Sebastian’s quaint waterfront district. Relax by the pool alone or with family and friends enjoying the east river breezes. If you are the kind of person looking for top quality then look no further. Includes a mother-inlaw suite or guest quarters. The features are endless. (171162)
Susan Maitner, REALTOR Coldwell Banker Paradise
772-913-0222
Susan.Maitner@ColdwellBanker.com
Sebastian Mid-Year Comparison 2017 to 2016
Sebastian Housing Market Robust YTD for 2017 With increases in both sales and current listings, Sebastian remains the strongest mainland market along the Space and Treasure Coast, reports Coldwell Banker Paradise in their recently released Mid-Year Housing Report. This year, as many homeowners have found their equity levels rising, more and more Sebastian residents are looking to finally make their move. Single family homes saw a 63% increase in sales at the $250k-$500K level. Buyers looking to relocate to Sebastian will find a competitive market with homes being sold quickly along with inventory rising at a 23.5% rate. Working with an experienced agent is the only way for buyers to stay ahead of the rapidly changing inventory.
SINGLE FAMILY HOMES
Price Point Under $100,000
$100,001 to $250,000
$250,001 to $500,000
Over $500,000
Total
The leader in full service local real estate, Coldwell Banker Paradise agents closed over 2,234 transactions in the last year, placing the company as the 350th largest broker in the country in units sold, according to the Real Trends 500 survey. Nationally, Coldwell Banker outproduced every other national brand, ranking #1 for dollar volume. For nearly 15 years, Coldwell Banker Paradise has been honored annually with the Chairman’s Circle from Coldwell Banker national. The Chairman’s Circle award is the most prestigious designation a Coldwell Banker affiliated company can achieve signifying the top six percent of Coldwell Banker affiliated residential real estate brokerage companies in the world.
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
2017
18
1
0.3
$73,438
2016
28
1
0.2
$71,515
Change
-35.7%
0.0%
+55.6%
+3.0%
2017
323
100
1.9
$185,218
2016
287
78
1.6
$166,938
Change
+12.5%
+28.2%
+13.9%
+11.0%
2017
77
47
3.7
$293,761
2016
47
40
5.1
$296,415
Change
+63.8%
+17.5%
-28.3%
-1.0%
2017
5
20
24.0
$885,500
2016
3
17
34.0
$541,667
Change
+66.7%
+17.6%
-29.4%
+63.0%
2017
423
168
2.4
$208,497
2016
365
136
2.2
$179,370
Change
+15.9%
+23.5%
+6.6%
+16.0%
5,000 Flags Coldwell Banker Paradise has had a long standing tradition to promote the American Flag and champion the ideals that our Flag stands for -- and no other company on the Space and Treasure Coasts distributes more flags during annual holidays. As the long standing leader of the Sebastian 4th of July Parade, it is our honor and privilege to hand out this sacred emblem at the beginning of each parade. In addition, our agents regularly door knock on Memorial Day handing out flags to communities up and down the Space and Treasure Coast. Civic leadership and community stewardship is at the heart of Coldwell Banker Paradise’s agents work in the Sebastian community. Volunteering and working on behalf of our community is inherently ingrained in the DNA of our Coldwell Banker Paradise team.
COLDWELL BANKER PARADISE
INDIAN RIVER COUNTY
260 Sea Gull Avenue, Vero Beach 32960|$799,000 | 3/3.5 Want everyone in the family to be happy with your next home? This is the one! Bring the fisherman, because he is going to want that deep water dock right on a canal that leads to endless days of fishing bliss. Don’t forget the chef in the family because they are going to fall in love with this amazing kitchen designed for family feasts or delightful parties. By all means, bring the swimmer, because the 40’ solar heated lap (191439) pool is to die for. (177117)
Andrew Racaniello, REALTORS Coldwell Banker Paradise
772-532-7258
Andrew.Racaniello@ColdwellBanker.com
COLDWELL BANKER PARADISE
INDIAN RIVER COUNTY
2085 Cavalla Road, Vero Beach, FL 32963 |$789,000 | 3/3.5 Bonita Beach - Imagine having private beach access only steps away from your home. This large, family home has three bedrooms plus a large den/office that could be converted to a fourth bedroom. Everyone will enjoy their privacy with four baths. There is a side entry, two car garage and renovated kitchen with granite, appliances, and cabinets. Master bath has also been updated. There is bamboo flooring throughout. (191008)
Regina Cupp, REALTOR Coldwell Banker Paradise
772-559-4127
Regina.Cupp@ColdwellBanker.com
COLDWELL BANKER PARADISE
INDIAN RIVER COUNTY
7805 Homestead Drive, Vero Beach 32967|$749,000 | 3/3.5 This state-of-the-art provincial farmhouse combines modern and old-fashioned charm. Wide open windows allow for amazing views of this six acre home site, expansive enough to accommodate horses. Large interior openings invite the house to flow, breaking down barriers between indoor and outdoor space. Breathing warmth and comfort, the open kitchen has a central workspace with a double thick island slab that will satisfy even the most discerning chef. (185704)
Susan Maitner, REALTOR Coldwell Banker Paradise
772-913-0222
Susan.Maitner@ColdwellBanker.com
COLDWELL BANKER PARADISE
9 Seahorse Lane, Vero Beach 32960|$697,000 | 2/2 Paradise awaits in this tropical oasis! Charming 2BD/2BA riverfront home in the Vero Isles. Main house features a large living area with an abundance of natural light. The kitchen features granite counters and a gas cooktop. Large Florida sunroom allows for surpassing views of the river that leads to the stately backyard. Dock was recently updated with 2 boat lifts ready for use. (184043)
Joseph & Joseph, REALTORS
Coldwell Banker Paradise 772-360-6824
Joseph.Schlitt@ColdwellBanker.com
INDIAN RIVER COUNTY
Vero Beach Mainland Mid-Year Comparison 2017 to 2016 Vero Beach Mainland Housing Market Shows Robust Pace with No Slow Down in Sight With double digit increases in both sales and inventory, the Vero Beach
Vero Beach Mainland Condominiums sales are selling quickly with an average
mainland housing market is likely to continue its healthy pace throughout
2.7 months supply on the market. Affordable units in the $250-500K range are
2017, reports Coldwell Banker Paradise in their recently released Mid-Year
selling quickly with an increase of 200% in year over year sales. Inventory
Housing Report.
rates remain somewhat stable at a 14% increase.
This year, as many homeowners have found their equity levels rising, more and
“Its a great time to sell with real movement in the market, and if you are in
more Vero Beach residents are looking to finally make their move. With prices
the market to buy, now is a better time than ever,” stated Coldwell Banker
rising, the $250,000 to $500,000 price range is now seeing increased activity.
Paradise Co-Owner and Broker Linda Schlitt Gonzalez. “As interest rate
Inventory rates remain stable with a slight increase in the number of units on
increases raise loan payments, and inventories rise, home price increases will
the market and in months supply of inventory.
not be as large going forward. So now is also a good time for Sellers.”
Buyers looking to relocate to Vero Beach Mainland will find both an increase
The leader in full service local real estate, Coldwell Banker Paradise agents
and a variety in new listings. Working with an experienced agent is the only
closed over 2,234 transactions in the last year, placing the company as the
way for buyers to stay ahead of rapidly changing inventory.
350th largest broker in the country in units sold, according to the Real Trends 500 survey. Nationally, Coldwell Banker out-produced every other national
SINGLE FAMILY HOMES
brand, ranking #1 for dollar volume. Price Point Under $250,000
$250,001 to $500,000
Over $500,000
Total
Price Point
CONDOS
Under $250,000
$250,001 to $500,000
Over $500,000
Total
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
2017
621
202
2.0
$166,155
2016
576
190
2.0
$155,240
Change
+9.5%
+6.3%
-2.9%
+7.0%
2017
312
274
5.3
$323,841
2016
215
166
4.6
$324,958
Change
+45.1%
+65.1%
+13.7%
0.0%
2017
52
89
10.3
$641,760
2016
30
54
10.8
$727,384
Change
+73.3%
+64.8%
-4.9%
-12.0%
2017
985
565
3.4
$241,210
2016
812
410
3.0
$221,315
Change
+21.3%
+37.8%
+13.6%
+9.0%
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
2017
236
109
2.8
$101,250
2016
227
92
2.4
$91,917
Change
+4.0%
+18.5%
+14.0%
+10.0%
2017
15
5
2.0
$311,160
2016
5
5
6.0
$307,400
Change
+200.0%
0.0%
-66.7%
+1.0%
2017
10
4
2.4
$620,200
2016
7
6
5.1
$795,071
Change
-42.9%
-33.3%
-53.3%
-22.0%
2017
261
118
2.7
$133,196
2016
239
103
2.6
$117,019
Change
+9.2%
+14.6%
+4.9%
+14.0%
COLDWELL BANKER PARADISE
INDIAN RIVER COUNTY
489 12th SE Place, Vero Beach 32962|$650,000 | 3/2 Breathe deeply and relax - this home is your own private Shangri-la designed with tranquility in mind. Cool breezes will refresh you as you commune with the dolphins and wild birds right in your back yard. Fresh fish can be caught from your private dock situated on a canal across from a preserve. Go deep sea fishing when the mood strikes. Spend countless hours simply star gazing as you have clear views from most rooms. Dream kitchen will delight the most finicky cooks with high-quality stainless appliances and granite countertops. (171447)
Jeff & Ginny Mitchell, REALTORS Coldwell Banker Paradise
772-321-3355
Ginny.Mitchell@ColdwellBanker.com
COLDWELL BANKER PARADISE
INDIAN RIVER COUNTY
489 12th SE Place, Vero Beach 32962|$650,000 | 3/2 Exceptional Lakefront home in Black Bear located on 3/4 acre lot in gated community. Gourmet kitchen with Island and double wall ovens. Private heated and screened pool with hot tub faces lake offering an over sized patio area and many upgrades! Open floor plan makes for excellent entertaining. Billiards Room with Table. Computer Nook, Wet-Bar, Den, three car garage. Impact windows and more! (190753)
Chase Mariposa, REALTOR Coldwell Banker Paradise
Jeff Knowles, REALTOR Coldwell Banker Paradise
Chase.Mariposa@ColdwellBanker.com
Jeff.Knowles@ColdwellBanker.com
772-713-5842
772-559-0570
COLDWELL BANKER PARADISE
INDIAN RIVER COUNTY
2077 Indian Summer LN, Vero Beach 32963|$599,000 | 3/3.5 The only Begonia model available in the Seasons gated community. Love to swim? It has the largest private pool in the community. Is entertaining your thing? Enjoy the wide open spaces where friends and family can mingle and you are right there in the middle of all of the fun. You’ll also spend lots of time at the gorgeous clubhouse where there is a state-of-the-art fitness area, pool, kitchen and cardroom. Hit the tennis courts and live the dream! (178025)
Sharon Noblet-Wininger, REALTOR Coldwell Banker Paradise
772-713-4602
Sharon.Wininger@ColdwellBanker.com
COLDWELL BANKER PARADISE
INDIAN RIVER COUNTY
29 Seahorse LN, Vero Beach 32960 |$599,000 | 3/3 Charming three bedroom, three bath deep water riverfront home with a pool located in the Vero Isles. This spacious home features a split plan with Mexican tile and terrazzo floors and a fireplace that opens to both the living and family rooms. Recent updates include a new roof and new dock with a lift. Close to shops, restaurants and the beach. Don’t miss out on this riverfront opportunity! (189100)
Joseph O’Neill, REALTOR Coldwell Banker Paradise
Joseph Schlitt, REALTOR Coldwell Banker Paradise
Joseph.O’Neill@ColdwellBanker.com
Joseph.Schlitt@ColdwellBanker.com
772-643-6824
772-360-6824
COLDWELL BANKER PARADISE
INDIAN RIVER COUNTY
12545 Roseland Road, Sebastian 32958|$649,999 | 3/2 “Old Florida� at its best with winding rivers, preserves, a natural setting all on over 3.5 acres of the St. Sebastian River. Feel like you are stepping back in time in a community where life is laid back and everything seems to slow down. Whether you are a fisherman, boating enthusiast or just and out doors person, you will find the Sebastian River Area to fulfill your dreams of the ultimate Florida lifestyle. Growing family? There is the possibility of adding two parcels in this private natural setting. (103753)
Susan Maitner, REALTOR Coldwell Banker Paradise
772-913-0222
Susan.Maitner@ColdwellBanker.com
COLDWELL BANKER PARADISE
660 SW 45th CT, Vero Beach 32968 |$539,000| 6/4 Spacious and Glorious! 6 full bedrooms, plus den and 23x21 bonus/dorm room. Gated, on the pristine lake with beautifull canopied mature oak trees. Boasts lakefront screened in heated pool, island style waterfall, huge lanai with half bath, crown molding, coffered ceilings, granite, stainless steel appliances, gas, Central vac, lots of storage and closets, 3+ car garage with new flooring. (188967)
Karen Gaskill, REALTOR Coldwell Banker Paradise
772-559-5567
Karen.Gaskill@ColdwellBanker.com
INDIAN RIVER COUNTY
COLDWELL BANKER PARADISE
INDIAN RIVER COUNTY
4311 Summer Breeze Terrace, Vero Beach 32967|$535,000 | 3/3 Lakefront Home in Riverwind private/gated community. 3 BR, 3 Bath, 2 car Garage, private free form large spa with screened enlarged patio, invites entertainment and relaxation, high volume ceilings, window treatments and appliances included. Upscale gourmet kitchen with granite counters, top of the line appliances, total Lawn care included, clubhouse w pool and Tennis Court. (186014)
Joseph & Joseph, REALTORS Coldwell Banker Paradise
772-360-6824
Joseph.Schlitt@ColdwellBanker.com
How To Price Your Home You’re thinking of listing your home, but you’re not sure how much it’s worth. You have a vague idea about a general price, but you want accuracy. Don’t worry – you’re not going to need to determine the price of the home yourself. Your real estate agent is a listing price expert! Your agent will guide you through the process, helping you understand how much your home may be worth and how quickly it may sell, based on a wide array of market conditions. Here are some of some of the factors that agents consider when they’re pricing your home.
these variables to arrive at a true comparison. Ask your real estate agent to walk through the comps, explaining how he or she arrived at the final numbers. You might find yourself pleasantly surprised at how much your property is worth. 2. Ask About CBx
CBx is a proprietary platform that Coldwell Banker real estate agents use in order to make the process of determining an accurate valuation of your home run more smoothly. Ask your Coldwell 1. Your Agent Will Look for Comps Banker agent to explain the many special features of CBx when Let’s take a moment to explain the concept of ‘comparable’ you’re pricing your home. Your agent will explain how it is a useful properties, and how these relate to the unique features in your solution for determining the best price for your property. home. 3. Understand the Trade-Offs Imagine that you own a 3-bedroom, 2-bath single-family home built in 1990. Three neighboring single-family residences Finally, initiate a conversation with your real estate agent about a have recently sold for $280,000 to $330,000, so you presume your home value is somewhere within that range. That assump- critical question: Do you want to sell your home for top dollar, or do you want to sell it as quickly as possible? tion might not be accurate. Your neighbor’s homes feature different qualities than yours. Some homeowners and agents jointly make a strategic decision to slightly underprice their homes, by a small amount, for a quick Your neighbor’s house has 4 bedrooms; another neighbor has sale. These are self-described “motivated sellers” who want to only 1.5 baths. One house has a swimming pool; another has a unload their home as quickly as possible. They may be moving to larger yard. One has new appliances. One neighbor has hardwoods throughout, while another has wall-to-wall carpet. One another state, or they may need to sell their current home before they can buy another one. is sold as-is. That being said, there are many ways you can position your home See the differences? for a quick sale at full price. Making small improvements, such as Your agent can’t just look at the raw sales numbers for these fresh paint and exterior landscaping, can be effective at creating houses. To arrive at an accurate pricing picture, your agent a ‘wow’ factor. Staging your home is another great way to entice must adjust the sales numbers based on variables such as: buyers to make an offer. Speak with your agent about how you can price your home for top dollar, without sacrificing speed. Call our main Coldwell Banker • Property age • Square footage • Bedrooms and bathrooms Paradise office today at 772-778-2029 for an agent who specializes • Condition of property • Upgrades and features Real estate agents are professionally trained in adjusting for in your neighborhood.
COLDWELL BANKER PARADISE
BREVARD COUNTY
Brevard County
200 Sundance Lane, Merritt Island, FL, 32952| $2,200,000 200 Sundance Merritt Island, FL, 32952| $2,200,000 200Lane, Sundance Lane, Merritt Island, FL, 32952| $2,200,000 A private, stately 1200 foot1200 driveway A private, stately 1200 foot driveway A private, stately foot driveway to this richly designed, beautifullybeautifully leads toleads this richly designed, beautifully leads to this richly designed, 2-acre direct Indian River detaileddetailed 2-acre direct Indian River detailed 2-acre direct Indian River A tropical retreat overlooking estate. Aestate. tropical retreat estate. overlooking A tropical retreat overlooking a deepdock water dock with two covered a deep water two covered a with deep water dock with two covered boat slips and lift. boat slips and lift.boat Elegantly appointed slipsElegantly and lift. appointed Elegantly appointed and for with resortwith resort and ideal forideal entertaining resort andentertaining idealwith for entertaining style and extended lanai, this lanai, this style pool andpool extended lanai, style pool andthis extended Mediterranean masterpiece boasts boasts Mediterranean masterpiece boasts Mediterranean masterpiece a large first-floor suite and suite and a large first-floor master suite and a largemaster first-floor master story veranda forperfect for second second story veranda perfect for second storyperfect veranda capturing waterfront sunsets. capturing waterfront sunsets. Stone Stone capturing waterfront sunsets. Stone and hardwood flooring, two fireplaces, and hardwood flooring, two fireplaces, and hardwood flooring, two fireplaces, separate study, living room, formal separate study, living room, formal separate study, living room, formal dining, and family room (782298) dining, and familydining, room (782298) and family room (782298)
BeaStonesifer Linda Stonesifer Jaffe REALTOR Michael Edgar Jaffe REALTOR Bea Linda JaffeStonesifer REALTOR Edgar Jaffe REALTOR Bea Linda Jaffe REALTOR Michael Michael Edgar Jaffe REALTOR Coldwell Banker Paradise Coldwell Banker Paradise Coldwell Banker Paradise Coldwell Banker Paradise Coldwell Banker Paradise Coldwell Banker Paradise
321-951-3300 321-951-3300 321-951-3300
bea.jaffe@coldwellbanker.com bea.jaffe@coldwellbanker.com bea.jaffe@coldwellbanker.com
321-258-3443 321-258-3443 321-258-3443
michael.jaffe@coldwellbanker.com michael.jaffe@coldwellbanker.com michael.jaffe@coldwellbanker.com
Brevard Beachside Mid-Year Comparison 2017 to 2016 Appreciation Leads to Increases in Beachside Inventory With double digit increases in current listings, the Brevard County Island housing market continues at a strong pace, reports Coldwell Banker Paradise in their recently released Mid-Year Housing Report.
Condominium also saw significant listing activity. However, there has been a slight adjustment in prices overall, with most price levels seeing slight decreases.
Many homeowners, especially at the over $500K price point, have recovered enough equity to start exploring their options. This has led to an increase of sales at this level. “Buyers are quick to realize that buying Beachside in Brevard is a good value for their money,” stated Coldwell Banker Paradise Co-Owner and Broker Linda Schlitt Gonzalez.
“As interest rate increases raise loan payments, and inventories rise, home price increases will not be as large going forward. So now is also a good time for Sellers,” added Gonzalez.
The combination of new home buyers, job relocators and buyers coming from outside the area has left inventories tight. Although the inventory supply is climbing slightly, there is only a 3.2 month inventory and this has led to a 16% growth in average resale price.
SINGLE FAMILY HOMES
Price Point Under $250,000
$250,001 to $500,000
$500,001 to $1,000,000
Over $1,000,000
Total
Price Point
CONDOS
Under $250,000
$250,001 to $500,000
$500,001 to $1,000,000
Over $1,000,000
Total
The leader in full service local real estate, Coldwell Banker Paradise agents closed over 2,234 transactions in the last year, placing the company as the 350th largest broker in the country in units sold, according to the Real Trends 500 survey. Nationally, Coldwell Banker out-produced every other national brand, ranking #1 for dollar volume.
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
2017
254
36
0.9
$191,185
2016
34
43
0.8
$181,249
Change
-19.1%
-16.3%
+3.5%
+5.0%
2017
463
223
2.9
$368,693
2016
443
209
2.8
$341,579
Change
+4.5%
+6.7%
+2.1%
+8.0%
2017
139
139
6.0
$662,853
2016
105
107
6.1
$655,534
Change
+32.4%
+29.9%
-1.9%
+1.0%
2017
26
74
17.1
$1,391,781
2016
22
35
9.5
$1,433,795
Change
+18.2%
+111.4%
+78.9%
-3.0%
2017
882
472
3.2
$394,091
2016
884
394
2.7
$349,080
Change
-0.2%
+19.8%
+20.7%
+13.0%
Year
Condos Sold
Current Listings
Month’s Supply
Average Price
2017
327
96
1.8
$145,236
2016
343
133
2.3
$136,420
Change
-4.7%
-27.8%
-24.3%
+6.0%
2017
185
159
5.2
$345,300
2016
194
126
3.9
$353,605
Change
-4.6%
+26.2%
+32.2%
-2.0%
2017
46
101
13.2
$629,098
2016
52
54
6.2
$665,863
Change
-11.5%
+87.0%
+111.4%
-6.0%
2017
1
10
60.0
$1,970,000
2016
3
5
10.0
$1,083,333
Change
-66.7%
+100.0%
+500.0%
+82.0%
2017
559
366
3.9
$254,528
2016
592
318
3.2
$258,895
Change
-5.6%
+15.1%
+21.9%
-2.0%
COLDWELL BANKER PARADISE
BREVARD COUNTY
8333 S Highway S, Melbourne FL 32951| 8333A1A S Highway A1A S, Beach, Melbourne Beach, $2,200,000 FL 32951| $2,200,000 This beach houseThis hasbeach an endless house has an endless amount of possibilities. Built as a amount of possibilities. Built as a duplex, this property has this double of has double of duplex, property everything. As an everything. owner, you As canan rent owner, you can rent out one side whileout living the while other living in the other oneinside or have the wholeorhouse have to theyourself. whole house to yourself. This set up is alsoThis great setforupmulti is also great for multi generational families. With thefamilies. beach With the beach generational just steps away, balconies the balconies on the just stepson away, front and back of front the house, andofa the house, and a and back widows walk you won’t miss out onwon’t any miss out on any widows walk you gorgeous Florida views. ThisFlorida home views. will This home will gorgeous be your permanent (787448) bevacation. your permanent vacation. (787448)
Sarah Munkacsy REALTOR Sarah Munkacsy REALTOR Coldwell Banker Paradise Coldwell Banker Paradise
Samantha Howe REALTORHowe REALTOR Samantha Coldwell Banker Paradise Coldwell Banker Paradise
sarah@sarahmunkacsy.com sarah@sarahmunkacsy.com
samantha@sarahmunkacsy.com samantha@sarahmunkacsy.com
321-890-2382 321-890-2382
321-345-3066 321-345-3066
COLDWELL BANKER PARADISE
BREVARD COUNTY
7797 Highway A1A, Melbourne Beach, FL 32951| $1,999,999 Welcome to this custom built luxurious three story oceanfront home. High ceilings with incredible ocean views from almost every room and every floor. French doors open to the balcony where you can enjoy the sunrise. Private outdoor living space offering a pool/spa, cabana and a putting green. Oceanfront living at its finest in Melbourne Beach. Soothing sounds of waves crashing on the sandy beach make for pure relaxation. (774074)
Sarah Munkacsy REALTOR Coldwell Banker Paradise
321-890-2382
Sarah.Munkacsy@ColdwellBanker.com
COLDWELL BANKER PARADISE
847 Malibu Lane, Indialantic, Fl, 32903 | $1,700,000 One of the most spectacular Vistas of the Indian River Lagoon is yours. The home is located at the mouth of a deep water canal and lagoon. This Boater’s dream home provides 206 Feet of Canal Frontage and 110 feet of Indian Riverfront with a Boat Lift and new Seawall. The home has formal sunken Living Room , formal dining room and large family room with wood burning fireplace. The kitchen has cobalt blue tile countertops, stainless steel appliances and River Views. Resurfaced pool and paver deck. (785850)
Anthony Scaramouche REALTOR Coldwell Banker Paradise
321-536-2775
anthonyscaramouche@cfl.rr.com
BREVARD COUNTY
COLDWELL BANKER PARADISE
BREVARD COUNTY
7775 S Highway A1A, Melbourne Beach, FL 32951| $1,225,000 This custom beach home is absolutely breathtaking with its stunning views and exquisite European details. The home includes a designer kitchen, Poggen Pohl cabinets and Miele & JennAir appliances. Picture this: making your morning coffee from the built in espresso machine in the kitchen, to then sipping it on your balcony looking over the ocean as the sun rises. It can’t get better than that. (784658)
Robenson Juste REALTOR Coldwell Banker Paradise
Debbie Fitzgerald REALTOR Coldwell Banker Paradise
robenson.juste@cbparadise.com
debbie.fitzgerald@coldwellbanker.com
778-971-2430
778-812-3300
COLDWELL BANKER PARADISE
2799 Wyndham Way, Melbourne, FL, 32940| $999,900 This gorgeous luxury home has it all, with amazing European details and beautiful top level upgrades this home is limitless. Imagine cooling off in the screened in private pool while looking out at the magnificent views of the lake and golf course. You will find perfection in every part of this property. Make this house your getaway. (782988)
Paul Frommann II REALTOR Coldwell Banker Paradise
Elizabeth Frommann REALTOR Coldwell Banker Paradise
floridaliving@msn.com
floridaliving@msn.com
321-222-9449
321-222-9449
BREVARD COUNTY
COLDWELL BANKER PARADISE
BREVARD COUNTY
5315 S US Highway 1, Grant Valkaria, Fl 32949 | $795,000 Riverfront home in impeccable condition. Live the resort lifestyle with breathtaking river views everyday. Enjoy the pool deck and spa while watching the boats cruise by and dolphins play. Original owners of this custom built home has been well maintained. Four bedrooms with built in beds, plenty of room for all your guests. (776681)
Susan Maitner REALTOR Coldwell Banker Paradise
772-913-0222
Susan.Maitner@ColdwellBanker.com
COLDWELL BANKER PARADISE
BREVARD COUNTY
509 Harland Avenue, Melbourne Beach, FL, 32951 | $594,900 Location! This historic Melbourne Beach home offers over 3800 Square Feet and a pool. The home features Terra-cotta tile throughout, large living area with fireplace, formal dining, large kitchen, family room, breakfast nook, office, recreation room with pool table and exposed trussed ceilings, and over sized 2-car garage. (786493)
Christopher Wall REALTOR Coldwell Banker Paradise
321-417-1594
chris.wall@cbparadise.com
COLDWELL BANKER PARADISE
708 Nicklaus Dr, Melbourne, FL 32940| $549,000 If you are looking for the perfect home,
708 Nicklaus Dr, Melbourne, FL 32940| $549,000 this is it. This house is move in ready If you looking neighborhood. for the perfect home, in the are “Legends” The this is it. This house is move in ready property includes a gourmet kitchen, in the “Legends” neighborhood. master suite, private screened inThe pool property includes gourmettokitchen, and spa along witha access the master suite, in pool executive golfprivate course.screened Located near and spa along with access to the and restaurants, exceptional schools, executive golftocourse. Located near a short drive the beach. Make restaurants, this gorgeousexceptional home yourschools, place of and a short drive to activity, the beach. entertainment, andMake tranquillity. this gorgeous home your place of (785217) entertainment, activity, and tranquillity. (785217)
Aline Daniels REALTOR Coldwell Banker Paradise Aline Daniels REALTOR 321-427-5117 Coldwell Banker Paradise aline.daniels@gmail.com
321-427-5117
aline.daniels@gmail.com
BREVARD COUNTY
COLDWELL BANKER PARADISE
BREVARD COUNTY
300 Amberjack Place, Melbourne Beach, FL 32951 | $599,900 A Magnificent 2-story pool home centrally located in prestigious Rivers Edge! The home is situated on a corner lot in the heart of the community. Large kitchen with granite counter tops and large center island, perfect for cooking or baking. Cozy wood-burning fireplace in the spacious family room. French doors opening to the patio and beautiful pool, perfect place to relax during the Florida summers. River and golf course vistas abound.
Thomas Englert REALTOR Coldwell Banker Paradise
321-631-9344
Thomas.Englert@ColdwellBanker.com
COLDWELL BANKER PARADISE
302 Sanibel Way, Melbourne Beach, FL 32951| $498,900 Stunning pool home located in the gated community of Ocean Ridge. This home has amazing views of the the lake in the back yard and the Indian River sunsets in the front. Inside you will enjoy the updated kitchen, stainless steel appliances, and granite countertops. With a private pool and spa, and ‘A’ rated schools near by this house has it all.(787454)
Elizabeth Dore REALTOR Coldwell Banker Paradise
321-536-0645
erdyoga@bellsouth.net
BREVARD COUNTY
COLDWELL BANKER PARADISE
BREVARD COUNTY
RiverMelbourne Villa Way, Beach, Melbourne Beach,|FL, 32951 | $480,000 3120 River 3120 Villa Way, FL, 32951 $480,000 Waterfront Waterfront townhouse with townhouse with breathtaking views! Right on the Indian breathtaking views! Right on the Indian Riverwalk with to just a short walk to the River with just a short the beach; in sought-after beach; in sought-after Beach Woods Beach Woods community in Melbourne Beach. gated communitygated in Melbourne Beach. Access to all Beach Woods Community Access to all Beach Woods Community Amenities: pool; tennis; racquetball Amenities: pool; tennis; racquetball courts; exercise room; community courts; exercise room; community center; yard maintenance. Home has center; yard maintenance. Home has vaulted ceilings withinsky lights letting in vaulted ceilings with sky lights letting light, two car attached garage natural light, two natural car attached garage and motorized hurricane shutters. and motorized hurricane shutters. (782778)
(782778)
Sarah Munkacsy REALTOR Sarah Munkacsy REALTOR Coldwell Banker Paradise Coldwell Banker Paradise
Munkacsy REALTOR Alan MunkacsyAlan REALTOR Coldwell Banker Paradise Coldwell Banker Paradise
sarah@sarahmunkacsy.com sarah@sarahmunkacsy.com
al@sarahmunkacsy.com al@sarahmunkacsy.com
321-890-2382 321-890-2382
321-704-3735 321-704-3735
COLDWELL BANKER PARADISE
BREVARD COUNTY
Cardinal Drive, Satellite Beach, FL 32937| $479,500 472 Cardinal 472 Drive, Satellite Beach, FL 32937| $479,500 Liveinthe Live the Florida dream thisFlorida deep dream in this deep water canalfree-form home with private free-form water canal home with private pool in desirable pool in desirable Waterway Estates. Waterway Estates. Your boat will be right at home in the Your boat will be right at home in the covered dock with large sitting area covered dock with large sitting area quick New access to the river. New offering quick accessoffering to the river. french in family room feature french doors in family roomdoors feature water & pool view. Remodeled kitchen water & pool view. Remodeled kitchen and master bath. Plantation shutters, and master bath. Plantation shutters, crown molding & wide baseboards crown molding & wide baseboards throughout. Enjoy the private courtyard throughout. Enjoy the private courtyard offa master off master perfect for hot tub.perfect for a hot tub. (778584)
(778584)
Joseph Ferrara REALTOR Joseph Ferrara REALTOR Coldwell BankerColdwell ParadiseBanker Paradise
Teresa Ferrara REALTOR Teresa Ferrara REALTOR Coldwell BankerColdwell ParadiseBanker Paradise
Joe.Ferrara@ColdwellBanker.com Joe.Ferrara@ColdwellBanker.com
Teresa.Ferrara@ColdwellBanker.com Teresa.Ferrara@ColdwellBanker.com
321-258-1361 321-258-1361
321-626-4192 321-626-4192
COLDWELL BANKER PARADISE
BREVARD COUNTY
3203 South Washington Avenue #301, Titusville, FL 32780 | $389,000 Imagine entertaining or relaxing with picturesque sunrises & moon beams at night set across expansive river view. True Space Coast living! Direct river view across to Kennedy Space Center from the wraparound balcony, master suite, kitchen, living room & dining room! Simply Amazing! Secure under building parking. Gated community & keypad building entry. Elevator opens to atrium. (775990)
Tami Leligua Shriver REALTOR Coldwell Banker Paradise
321-863-2233
Tami.Shriver@ColdwellBanker.com
Brevard Mainland Mid-Year Comparison 2017 to 2016 Appreciation Leads to Increases in Mainland Inventory With double digit increases in current listings, the Brevard County housing Condominium also saw significant listing activity. “With interest rates likely to rise, market continues at a strong pace, reports Coldwell Banker Paradise in their now would be advisable for buyers to jump in,” added Gonzalez. recently released Mid-Year Housing Report. The leader in full service local real estate, Coldwell Banker Paradise agents Many homeowners, especially at the over $250K price point, have recovered closed over 2,234 transactions in the last year, placing the company as the 350th enough equity to start exploring their options. This has led to an increase of largest broker in the country in units sold, according to the Real Trends 500 survey. sales at this level. The combination of new home buyers, job relocators and Nationally, Coldwell Banker out-produced every other national brand, ranking buyers coming from outside the area has left inventory levels low at only 2.2 #1 for dollar volume. For nearly 15 years, Coldwell Banker Paradise has been months. This tightening of inventory has led to a 15% average price increase honored annually with the Chairman’s Circle from Coldwell Banker national. The overall. “Buyers are quick to realize that they can get more for their money Chairman’s Circle award is the most prestigious designation a Coldwell Banker in Melbourne, West Melbourne and Palm Bay than in other cities,” stated affiliated company can achieve signifying the top six percent of Coldwell Banker Coldwell Banker Paradise Co-Owner and Broker Linda Schlitt Gonzalez. affiliated residential real estate brokerage companies in the world.
SINGLE FAMILY HOMES
Price Point Under $250,000
$250,001 to $500,000
$500,001 to $1,000,000
Over $1,000,000
Total
Price Point
CONDOS
Under $250,000
$250,001 to $500,000
$500,001 to $1,000,000
Total
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
2017
2230
524
1.4
$166,576
2016
2445
566
1.4
$149,662
Change
-8.8%
-7.4%
+1.5%
+11.0%
2017
906
480
3.2
$328,925
2016
708
385
3.3
$323,642
Change
+28.0%
+24.7%
-2.6%
+2.0%
2017
105
152
8.7
$630,634
2016
82
113
8.3
$615,126
Change
+28.0%
+34.5%
+5.0%
+3.0%
2017
14
30
12.9
$1,243,974
2016
6
19
19.0
$1,299,243
Change
+133.3%
+57.9%
-32.3%
-4.0%
2017
3255
1186
2.2
$231,367
2016
3241
1083
2.0
$201,572
Change
+0.4%
+9.5%
+9.0%
+15.0%
Year
Condos Sold
Current Listings
Month’s Supply
Average Price
2017
293
113
2.3
$103,274
2016
288
89
1.9
$92,630
Change
+1.7%
+27.0%
+24.8%
+11.0%
2017
12
7
3.5
$361,458
2016
9
6
4.0
$361,822
Change
+33.3%
+16.7%
-12.5%
0.0%
2017
2
1
3.0
$556,250
2016
2
2
6.0
$581,500
Change
0.0%
-50.0%
-50.0%
-4.0%
2017
307
122
2.4
$116,316
2016
299
97
1.9
$104,002
Change
+2.7%
+25.8%
+22.5%
+12.0%
COLDWELL BANKER PARADISE
1613 Long Pine Road, Melbourne, FL, 32940 | $367,500 Fantastic lakefront pool home with a waterfall in Suntree. Truly a place to relax and enjoy the views from either the living room, family room, master or kitchen. True split plan with 4th bedroom adjacent to master, perfect for an office or nursery location. Island kitchen features beautiful cabinetry, granite and stainless steel appliances. Lushly landscaped, circular drive and two car garage. Close to dining, shopping and I-95. Just a short drive to the beaches! (783629)
Sandy Legere REALTOR Coldwell Banker Paradise
321-626-0041
sandylegere@gmail.com
BREVARD COUNTY
STUART 2384 NW Federal Hwy, Stuart, FL 34994 772-301-0600 PORT ST. LUCIE 7202 S. US 1 Port St. Lucie, FL 34952 772-878-3200 FT. PIERCE 411 N. US 1 Ft. Pierce, FL 34950 772-461-3250 OCEAN VILLAGE 100 Mainsail Dr. Ft. Pierce, FL 34949 772-489-6100 S. HUTCHINSON ISLAND 221 S. Ocean Drive Ft. Pierce, FL 34949 772-461-1324 N. HUTCHINSON ISLAND 4007 N. Hwy. A1A Ft. Pierce, FL 34949 772-464-7007 VERO BEACH 1950 Hwy. US 1 Vero Beach, FL 32960 772-778-2029 VERO BEACH ISLAND PREVIEWS 4625 Hwy. A1A Vero Beach, FL 32963 772-231-4880 SEBASTIAN 1209 Hwy. US 1 Sebastian, FL 32958 772-589-7777 INDIALANTIC 232 Fifth Avenue Indialantic, FL 32903 321-951-3300 SATELLITE BEACH 1550 Florida A1A Satellite Beach, FL 32937 321-222-9449
Volume 17, Edition 8