PRST STD ECRWSS U.S. POSTAGE
PAID
STUART, FL PERMIT NO. 274
RESIDENTIAL CUSTOMER
R E C E N T LY S O L D S E B A S T I A N P R O P E R T I E S :
$350,000
12430 Roseland Road
$285,000
5550 95th Street
$270,000
957 Majestic Ave
E X C L U S I V E LY P R E S E N T I N G :
$360,000
1568 Eagles Circle
$245,000
452 Briarcliff Circle
$279,000
663 Gossamer Wing Way
A B O U T C O L DW E L L B A N K E R PA R A D I S E : With so much of the market changing so quickly, it takes a savvy and experienced agent to help guide you. Each of our Coldwell Banker Paradise agents have intimate knowledge of their local market, making them uniquely positioned to provide you with the best information when buying or selling your home. For your free market assessment, call our Sebastian office at 772-589-7777.
2016 Sebastian Third Quarter Real Estate
MARKET REPORT C O L D W E L L
B A N K E R
P A R A D I S E
www.flcoldwellbanker.com
1209 US-1 Sebastian, FL 32958
772-589-7777
4625 Highway A1A Vero Beach, FL 32963
232 5th Ave Indialantic, FL 32903
772-231-4880
321-951-3300
Sebastian
Third Quarter Comparison 2016 to 2015 Investors and first time home buyer demand is continuing to drive the lower spectrum of the market, driving prices up by 17%, reports Coldwell Banker Paradise in their 3rd Quarter Market Report. Significant inventory issues for single family homes have
SINGLE FAMILY HOMES Price Point Under $100,000
driven prices up significantly below $250K. However, for the first time all year, both prices and inventory held at
$100,001 to $250,000
the mid-range of the market, for single family homes priced $250k-$500k – showing an increase in inventory and a
$250,001 to $500,000
steady price hold. “After an aggressive start to the year in this segment, it may be that buyers are being choosier at the higher end of the market,” added Stephen Burke, Sales Manager for Sebastian.
598 -0.7%
Homes Sold
Over $500,000
Total
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
2016
34
2
0.5
$79,900
2015
106
10
0.8
$75,985
Change
-67.9%
-80.0%
-37.6%
5.2%
2016
481
68
1.3
$187,418
2015
432
102
2.1
$160,233
Change
11.3%
-33.3%
-40.1%
17.0%
2016
77
51
6.0
$348,550
2015
60
31
4.7
$315,446
Change
28.3%
64.5%
28.2%
10.5%
2016
6
21
31.5
$940,443
2015
4
13
29.3
$546,250
Change
50.0%
61.5%
7.7%
72.2%
2016
598
142
2.1
$355,131
2015
602
156
2.3
$164,433
Change
-0.7%
-9.0%
-8.4%
117.3%
A new factor in the Sebastian housing market is the emergence of a new construction. In fact, a number of luxury homes priced from $500K+ to $1m are currently
Your Housing Forecast!
now under construction – hoping to tap into pent up demand spilling over north from Vero Beach and south
FOR SELLERS:
HOT & SUNNY! Your home could be the one that buyers are waiting for! Let’s work together while the market is HOT!
from Brevard.
Average Price +117.3%
$355K
FOR BUYERS & INVESTORS: Skies not so clear...With inventory tight, it takes an experienced and savvy realtor to navigate! Let me be your GUIDE!
CALL US TO FIND OUT HOW MUCH YOUR HOME IS WORTH IN THIS TIGHT MARKET! 772-589-7777
Sebastian
Third Quarter Comparison 2016 to 2015 Investors and first time home buyer demand is continuing to drive the lower spectrum of the market, driving prices up by 17%, reports Coldwell Banker Paradise in their 3rd Quarter Market Report. Significant inventory issues for single family homes have
SINGLE FAMILY HOMES Price Point Under $100,000
driven prices up significantly below $250K. However, for the first time all year, both prices and inventory held at
$100,001 to $250,000
the mid-range of the market, for single family homes priced $250k-$500k – showing an increase in inventory and a
$250,001 to $500,000
steady price hold. “After an aggressive start to the year in this segment, it may be that buyers are being choosier at the higher end of the market,” added Stephen Burke, Sales Manager for Sebastian.
598 -0.7%
Homes Sold
Over $500,000
Total
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
2016
34
2
0.5
$79,900
2015
106
10
0.8
$75,985
Change
-67.9%
-80.0%
-37.6%
5.2%
2016
481
68
1.3
$187,418
2015
432
102
2.1
$160,233
Change
11.3%
-33.3%
-40.1%
17.0%
2016
77
51
6.0
$348,550
2015
60
31
4.7
$315,446
Change
28.3%
64.5%
28.2%
10.5%
2016
6
21
31.5
$940,443
2015
4
13
29.3
$546,250
Change
50.0%
61.5%
7.7%
72.2%
2016
598
142
2.1
$355,131
2015
602
156
2.3
$164,433
Change
-0.7%
-9.0%
-8.4%
117.3%
A new factor in the Sebastian housing market is the emergence of a new construction. In fact, a number of luxury homes priced from $500K+ to $1m are currently
Your Housing Forecast!
now under construction – hoping to tap into pent up demand spilling over north from Vero Beach and south
FOR SELLERS:
HOT & SUNNY! Your home could be the one that buyers are waiting for! Let’s work together while the market is HOT!
from Brevard.
Average Price +117.3%
$355K
FOR BUYERS & INVESTORS: Skies not so clear...With inventory tight, it takes an experienced and savvy realtor to navigate! Let me be your GUIDE!
CALL US TO FIND OUT HOW MUCH YOUR HOME IS WORTH IN THIS TIGHT MARKET! 772-589-7777
PRST STD ECRWSS U.S. POSTAGE
PAID
STUART, FL PERMIT NO. 274
RESIDENTIAL CUSTOMER
R E C E N T LY S O L D S E B A S T I A N P R O P E R T I E S :
$350,000
12430 Roseland Road
$285,000
5550 95th Street
$270,000
957 Majestic Ave
E X C L U S I V E LY P R E S E N T I N G :
$360,000
1568 Eagles Circle
$245,000
452 Briarcliff Circle
$279,000
663 Gossamer Wing Way
A B O U T C O L DW E L L B A N K E R PA R A D I S E : With so much of the market changing so quickly, it takes a savvy and experienced agent to help guide you. Each of our Coldwell Banker Paradise agents have intimate knowledge of their local market, making them uniquely positioned to provide you with the best information when buying or selling your home. For your free market assessment, call our Sebastian office at 772-589-7777.
2016 Sebastian Third Quarter Real Estate
MARKET REPORT C O L D W E L L
B A N K E R
P A R A D I S E
www.flcoldwellbanker.com
1209 US-1 Sebastian, FL 32958
772-589-7777
4625 Highway A1A Vero Beach, FL 32963
232 5th Ave Indialantic, FL 32903
772-231-4880
321-951-3300