Sebastian Mid-Year Market Report 2015

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