2015 Sebastian River Area First Quarter Real Estate
MARKET REPORT
12825 83rd Avenue, Sebastian Roseland Offered at $595,000
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
Coldwell Banker Paradise Reports Positive Housing Market Trends for 1st Quarter of 2015 in Sebastian Shrinking inventory, steady economic improvement and consumer confidence led to overall gains in the local housing market, reported Coldwell Banker Paradise, the trusted leader in local real estate from Jensen to Cocoa Beach in its just released 2015 1st Quarter market analysis available to its agents and their clients. “Just as 2014 was a transition year from recovery to stabilization, so has 2015 started out, steady but overall positive across the board, it is just the kind of steady and slow rate of growth we like to see,” stated Co-Owner and Broker Steven Schlitt.
If the inventory shortage continues prices may rise later in the year. Despite a tight supply in inventory for single family homes with under a six month supply in most of the market, prices did not show a large increase in average sale price. If the inventory shortage continues prices may rise later in the year.
What’s my home worth in today’s market? Coldwell Banker Paradise agents are experts in the local housing market and can help you assess your property. Call us today at our Sebastian office: 772-589-7777, at our Vero Beach office: 772-778-2029, at our Vero Beach Island Previews office: 772-231-4880 or at our N. Hutchinson Island office: 772-464-7007. All discussions are strictly confidential. Serving all four counties on the Treasure and Space Coast (Brevard, Indian River, St. Lucie and Martin Counties) Coldwell Banker Paradise has nine offices and over 210 agents. 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 1st QUARTER 2015 COMPARISON TO 1st QUARTER 2014 Price Point Under $100,000
$100,000 to $250,000
$250,000 to $500,000
Over $500,000
Total
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
2015
50
15
0.9
$71,250
2014
44
55
3.8
$76,889
Change
13.6%
-72.7%
-76%
-7.3%
2015
111
163
4.4
$156,855
2014
106
213
6
$154,820
Change
4.7%
-23.5%
-26.9%
1.3%
2015
15
42
8.4
$313,103
2014
6
39
19.5
$326,667
Change
150%
7.7%
-56.9%
-4.2%
2015
0
18
N/A
N/A
2014
2
18
27
$725,000
Change
-200%
0%
N/A
N/A
2015
176
238
4.1
$149,852
2014
158
325
6.2
$148,861
Change
11.4%
-26.8%
-34.3%
0.7%
Market Share *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 4/8/1995-4/8/2015.
6.52%
6.33%
#1 in Properties Listed & Sold For over 20 years. 3.70% 2.82%
Coldwell Banker Paradise
Dale Sorensen Real Estate Inc.
2.44%
RE/MAX Masterpiece RE/MAX Crown Realty Alex Macwilliam, Inc. Realty
EXCLUSIVELY PRESENTING:
$995,000
$650,000
$449,000
12430 Roseland Road
9582 Tortoise Lane
13620 Old Dixie Highway
$329,000
$315,500
$297,000
18 VIP Vacation Island Playground
172 Academy Terrace
771 Easy Street
FLEMING GRANT
GRANT/VALKARIA
GRANT • RIVERFRONT
SEBASTIAN HIGHLANDS
SEBASTIAN
COLLIER CREEK • 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 $675,000
SOLD for $665,000 Asking Price $650,000
MICCO
9590 Tortoise Lane
9582 Tortoise Lane
S O L D IN 1 1 DAYS !
Asking Price $230,900
SEBASTIAN HIGHLANDS
SOLD for $230,000
1678 Addie Street
C
CONTINGENT
MICCO
S O LD IN 10 DAYS!
SO LD IN 16 DAYS !
Asking Price $219,995 SOLD for $216,000 Asking Price $148,500 ASHBURY • SEBASTIAN
311 Briarcliff Circle
SEBASTIAN HIGHLANDS
452 Candle Avenue
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
772.231.4880
SEBASTIAN 772.589.7777
N. HUTCHINSON 772.464.7007
SOLD for $141,500