2014 Sebastian River Area Third Quarter Real Estate
MARKET REPORT
13620 Old Dixie Highway Sebastian Offered at $449,000
VERO BEACH ISLAND PREVIEWS SEBASTIAN N. HUTCHINSON 1950 US Hwy. 1 772.778.2029
4625 Hwy. A1A 772.231.4880
1209 US Hwy. 1 772.589.7777
4007 N. Hwy. A1A 772.464.7007
2014 Sebastian River Area Third Quarter Real Estate Report As trusted real estate advisors in our area, we are pleased to present our Third Quarter Real Estate Report. We have identified key indicators that impact home values and use this information to forecast local market trends that help our clients make informed decisions about buying and selling real estate. Single Family Homes – A steady increase in prices during the first three quarters of this year were a result of strong sales activity and a dramatic decrease in the number of homes available for sale. We can expect these trends to continue with price appreciation continuing over the next 6 months. Call us today for information about the value of your home in today’s market. Please contact us directly at our Vero Beach US 1 office 772-778-2029, our Island Previews office 772-231-4880, our Sebastian office 772-589-7777 or our North Hutchinson office 772-464-7007. If you would like to continue getting our quarterly updates, just let us know. Email us at Schlitt@ColdwellBanker.com. We will make sure that a copy is delivered to you quarterly. All the best, Linda Schlitt Gonzalez and Steven Schlitt, Owners
SEBASTIAN RIVER AREA SINGLE FAMILY HOMES THIRD QUARTER 2014 COMPARISON TO THIRD QUARTER 2013 Price Point Under $100,000
$100,001 to $250,000
$250,001 to $500,000
Over $500,001
Total
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
2014
141
36
2.3
$74,869
2013
203
88
3.9
$71,961
Change
-31%
-59%
-41%
+4%
2014
374
162
3.9
$155,672
2013
300
234
7
$151,331
Change
+25%
-31%
-45%
+3%
2014
33
41
11.2
$319,862
2013
23
47
18.4
$327,626
Change
+43%
-13%
-39%
-2%
2014
3
16
48
$665,000
2013
5
21
37.8
$699,500
Change
-40%
-24%
+27%
-5%
2014
551
255
4.2
$147,601
2013
531
390
6.6
$133,786
Change
+4%
-35%
-37%
+10%
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Coldwell Banker Paradise REALTORS
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For over 25 years we have listed and sold more properties than any other brokerage in Indian River, St. Lucie and Brevard Counties
1,600
*Based on number of homes listed and sold as reported by the MLS systems as taken from Terradatum in Indian River, St. Lucie and Brevard Counties from January 1 - December 31, 2013
EXCLUSIVELY PRESENTING:
$1,695,000
$649,999
$350,000
11140 US Highway 1
12545 Roseland Road
726 Easy Street
$309,995
$259,000
$199,900
172 Academy Terrace
631 Brush Foot Drive
100 Carlisle Way
RIVERFRONT • SEBASTIAN
SEBASTIAN HIGHLANDS • SEBASTIAN
RIVERFRONT • SEBASTIAN
COLLIER CLUB • SEBASTIAN
COLLIER CREEK • SEBASTIAN
SEBASTIAN CROSSINGS • SEBASTIAN
WE INVITE YOU TO VIEW OUR ENTIRE COLLECTION AT:
FLColdwellBanker.com
PRSRT SSTD ECRWSS U.S. POSTAGE PAID EDDMRETAIL
A SELECTION OF RECENT SOLDS:
Asking Price $695,000
SOLD for $650,000 Asking Price $525,000
SEBASTIAN
SEBASTIAN
13380 Old Dixie Highway
Asking Price $379,000 SEBASTIAN
11300 S. Indian River Drive
SOLD for $370,000
102 Wood Stork Way
C
Asking Price $369,000 SOLD for $361,000 Asking Price $265,900 SEBASTIAN
104 King Fisher Way
SEBASTIAN
605 Mallow Scrub Way
oldwell Banker Paradise is the largest real estate brokerage firm in the area, with 9 offices serving St. Lucie, Indian River and Brevard Counties. We are commited to providing the highest level of real estate services to our clients.
For over 60 years our family-owned and operated company has assembled a highly trained and professional sales organization. We have specialists in residential and commercial sales, leasing services for both, as well as a property management division. Whether you are considering buying, selling, leasing or professional management of your property, give us a call. We are open 7 days a week for your convenience.
VERO BEACH ISLAND PREVIEWS 772.778.2029
SOLD for $500,000
772.231.4880
SEBASTIAN 772.589.7777
N. HUTCHINSON 772.464.7007
SOLD for $258,000