Sebastian Third Quarter Market Report 2014

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%

#1 in Properties Listed & Sold*

1,800

ny pa

by

Co

m

he

rri

s&

ot No

Tr

Tr o

ea

su

Ke

re

lle

Co

rW

as

illi

tS

am

lS tia en

ud Pr

s

lty

te

sR

rli

ea

e tre un fS

yo alt

pic

al

Re

Al

ng

y alt Re ng

illi ac

ex

M

La

W

Bi & ro

lle

Pr

ud

en

tia

Bi

lS

am

ro lle

sta ea

rR ta

Ba ell ldw

Co

lE

NR er nk

n ow Cr

AX

T

y alt Re

iec te

rp

El AX /M Re

/M

Re

Da

le

So

re

ns

ite

on

200

AX

400

/M

600

Re

800

as

1,000

M

1,200

e

Coldwell Banker Paradise REALTORS

1,400

te

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