2017 Sebastian Mid-Year Real Estate
MARKET REPORT
$749,000
5315 S US Highway 1 Offered by Susan Maitner
SEBASTIAN
1209 US-1 772-589-7777
VERO BEACH ISLAND GLOBAL LUXURY 4625 Florida A1A 772-231-4880
INDIALANTIC
232 FIFTH AVE 321-951-3300
Sebastian Mid-Year Comparison 2017 to 2016 Sebastian Housing Market Robust YTD for 2017 With increases in both sales and current listings, according to the Real Trends 500 survey. Nationally, Sebastian remains the strongest mainland market Coldwell Banker out-produced every other national along the Space and Treasure Coast, reports Coldwell brand, ranking #1 for dollar volume. For nearly 15 Banker Paradise in their recently released Mid-Year years, Coldwell Banker Paradise has been honored Housing Report. annually with the Chairman’s Circle from Coldwell This year, as many homeowners Banker national. The Chairman’s have found their equity levels rising, Circle award is the most prestigious more and more Sebastian residents designation a Coldwell Banker Sales $250K+ Up are looking to finally make their move. affiliated company can achieve Single family homes saw a 63% increase signifying the top six percent in sales at the $250k-$500K level. Buyers of Coldwell Banker affiliated looking to relocate to Sebastian will residential real estate brokerage find a competitive market with homes companies in the world. being sold quickly along with inventory With eleven offices from Stuart rising at a 23.5% rate. Working with to Satellite Beach, Coldwell Banker an experienced agent is the only way Paradise prides itself on providing for buyers to stay ahead of the rapidly the best market analysis available changing inventory. to home buyers and sellers through its Quarterly The leader in full service local real estate, Market Reports and its knowledgeable agents.To find Coldwell Banker Paradise agents closed over 2,234 out what your home may be worth in this market, call transactions in the last year, placing the company as our Sebastian office at 772-589-7777. the 350th largest broker in the country in units sold,
63%
SINGLE FAMILY HOMES Price Point Under $100,000
$100,001 to $250,000
$250,001 to $500,000
Over $500,000
Total
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%
A Selection of Recently Sold Properties
$849,000
9984 Sebastian River
$699,000
11335 S Indian River Drive
$650,000
3575 Heather Lane
New to the Market
$1,389,000 7701 S Hwy AIA
$425,000
511 Cross Creek Circle
$340,000
1568 Eagles Circle
Charity & Community Front and Center in Sebastian
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.