Sebastian
RECENTLY SOLD
www.FLColdwellBanker.com
SOLD $633,600
SOLD $440,000
13340 N. Indian River Drive
14019 N. Indian River Drive
801 Holden Court
SOLD $435,000
SOLD $390,000
SOLD $340,000
105 Becker Avenue
13700 Ruffner Lane
SOLD $332,500
SOLD $329,000
SOLD $1,110,000
105 Wood Stork Way
SOLD $333,000 1520 Clearbrook Street
1570 Ocean Cove Street
449 Englar Drive
Homes selling fast! Call to see how much your home is worth! 772-589-7777 SOLD $305,880 1366 Starboard Street
SOLD $292,000 243 Englar Drive
VERO BEACH OFFICE 1950 US-1 Vero Beach, FL 32960 772-778-2029 VERO BEACH ISLAND OFFICE 4625 Florida A1A Vero Beach, FL 32963 772-231-4880
SEBASTIAN OFFICE 1209 US-1 Sebastian, FL 32958 772-589-7777
www.FLColdwellBanker.com
2017 Sebastian Year End Real Estate
MARKET REPORT
Price Point
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
Under
2017
21
3
1.7
$74,662
$100,000
2016
45
4
1.1
$79,512
Change
-53.3%
-25.0%
+54.5%
-6.0%
2017
628
101
1.9
$186,772
2016
630
114
2.2
$171,277
Change
-0.3%
-11.4%
-13.6%
+9.0%
$250,000-
2017
165
59
4.3
$304,353
$500,000
2016
105
64
7.3
$308,518
Change
+57.1%
-7.8%
-41.1%
-2.0%
Over
2017
9
25
33.3
$846,789
$500,000
2016
7
17
29.1
$657,286
Change
+28.6%
+47.1%
+14.4%
+29.0%
2017
823
188
2.7
$214,702
2016
787
199
3.0
$188,663
Change
+4.6%
-5.5%
-10%
+14.0%
$100,000 to $250,000
Total
Waterfront Homes in Sebastian Proving Alluring to Luxury Buyers Often cited as a refuge for buyers seeking affordable housing, Sebastian no longer easily carries that distinction. Buyers looking for homes priced under $250K can still find their needs met, but possibly not for long. Inventory at this level of the market is down below 2 months supply and prices grew by nearly 9%. With the tight inventory levels those price increases are likely to continue into 2018. The midrange market (homes priced $250k+) remains stable and comfortable with greater than 4 months supply of inventory. This puts buyers and sellers are fairly equal footing and as
such the prices remain unchanged. What is exciting is the growth in sales of those homes over $500k. Buyers are finding great values in waterfront living in this quiet fishing village. Pricing a home correctly remains one of the determining factors on if your Sebastian home will sell quickly. Call your favorite Coldwell Banker Paradise agent for your free home evaluation today. Or call our offices at 772-589-7777. With eleven offices covering 135 miles of Florida’s East Coast, Coldwell Banker Paradise is the largest full service real estate company in the area.