2015 Sebastian River Area Mid-Year Real Estate
M A R K E T R E P O RT
61 Blue Island Street, Sebastian Offered at $775,000
SEBASTIAN
1209 US Hwy. 1 772.589.7777
VERO BEACH 1950 US Hwy. 1 772.778.2029
ISLAND PREVIEWS 4625 Hwy. A1A 772.231.4880
Sebastian River Area
Mid-Year 2015 Comparison to 2014 Decent Inventory Levels Allows Sebastian Housing Market to Remain Steady With the healthliest inventory levels on the Treasure and In contrast, single family homes priced on the Space Coast, Sebastian continues to offer properties across higher end of the spectrum (over $500k) saw a price all segments of the market, reports Coldwell Banker Paradise adjustment, with average prices falling 18%. “ It is a good in their just released Mid-Year Market Report for 2015. sign that the market is self-correcting, modest price Consumers and investors alike seem to have been drawn to increases, and even price stabilization is a sign of a sober the $250-$500k market which saw the most growth in sales and steady economic growth,” added Gonzalez. for the Sebastian area, with sales Voted favorite Indian River brokerage by Competition for up nearly115% over this time last the readers of Treasure Coast Newspapers, quality, affordable year. Coldwell Banker Paradise prides itself on Investors continue to look for providing the best market knowled¬ge homes continues to opportunities, add to that former available to home buyers and sellers through drive the market. home-owners who are returning its Quarterly Market Reports and it’s to the market after having knowledgeable agents. “Our agents are the recovered from the foreclosure experts, they are in the neighborhoods, seeing downturn -- coupled with millennials who are coming into the what is selling and why. Want to know what is happening market for the first time, mid-priced homes continue to be in your neighborhood, as compared to your surrounding at a premium. “With three segments vying for the same piece county and the region? Ask our agents today,” urged of the puzzle, there is bound to be inventory issues,” added Gonzalez. Call our Sebastian office at: 772-589-7777. Gonzalez. “If the trends continue, we will see prices increase, even if just nominally” stated Gonzalez.
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
2015
80
40
3
$73,014
2014
97
43
2.7
$76,379
Change
-17.5%
-7%
+12.8%
-4.4%
2015
285
216
4.5
$161,197
2014
281
169
3.6
$156,393
Change
+1.4%
+27.8%
+26%
+3.1%
2015
37
39
6.3
$321,804
2014
17
38
13.4
$334,332
Change
+117.6%
+2.6%
-52.8%
-3.7%
2015
3
17
34
$541,667
2014
3
15
30
$665,000
Change
0%
+13.3%
13.3%
-18.5%
2015
405
312
4.6
$161.269
2014
398
265
4
$148,7853
Change
+1.8%
+17.7%
+15.7%
+8.4%
What is my home or condo worth in today’s market?
Some online comparative analysis tools can be more than10% off!
Did you know that some online comparative analysis tools can be more than10% off? With Sebastian homes now averaging $160K,that could mean your house could be worth $16,000 more than that website you just visited estimated. When was the last time you walked away from $16K? Only an expert in the local market can offer truly accurate local market analysis. As deep-rooted community members and leaders, Coldwell Banker Paradise agents have the big picture view, they know what sells and why, for what price, and how to get the most out of the market, both as a buyer and a seller. With Coldwell Banker Paradise agents you can trust that they are giving you the best information, the best service and the best experience available. Call today to find out what your home is really worth. Call our Sebastian office at: 772-589-7777.
THE RIGHT REPRESENTATION MAKES ALL THE DIFFERENCE Coldwell 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.
E X C L U S I V E LY P R E S E N T I N G :
$799,000 GRANT-INDIAN RIVER
$775,000 SEBASTIAN
$595,000 SEBASTIAN
$595,000 SEBASTIAN
$350,000 SEBASTIAN
$329,000 SEBASTIAN
flcoldwellbanker.com
Sebastian 13920 Ruffner Lane $332,500
Sebastian 925 Greenbrier Ave $299,000 CONTINGENT
C O L D W E L L
Sebastian 119 Hinchman Ave $145,000 CONTINGENT
B A N K E R
VERO BEACH MAINLAND
VERO BEACH ISLAND
772-778-2029
772-231-4880
SEBASTIAN MAINLAND
772-589-7777
INDIALANTIC BREVARD 321-951-3300
P A R A D I S E NORTH HUTCHINSON 772-464-7007