Sebastian 2nd Quarter Market Report 2017

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.