2014 Sebastian River Area Mid-Year Real Estate
MARKET REPORT
11140 US Highway 1 Floravon Shores • Sebastian Offered at $1,695,000
Susan Maitner
Cellular: 772-913-0222 SMaitner@bellsouth.net www.maitner.net
Sebastian River Office 1209 US Hwy. 1 772.589.7777
2014 Sebastian River Area Mid-Year Real Estate Report As specialists in our area, we are pleased to present mid-year key market indicators impacting local real estate values this year. We use this information to forecast market trends that are likely to occur throughout the year. Buyers, sellers and homeowners can make informed decisions based on current and comprehensive information specific to our area. Historically, both the housing market and economy have been cyclical. After years of declining real estate values, stabilization is finally at hand. The indicators reflect mixed results for mid-year 2014 compared to the same time period a year earlier. Sales activity in most categories increased, and inventory levels remained close to stable, or decreased. However changes in the average sales prices varied in different market segments. The overall data suggests that a positive change in our local real estate market is well underway. We invite your inquiries and welcome the opportunity to be of service to you. Please contact us directly at our Vero Beach US 1 office 772-778-2029, our Island Previews office 772-231-4880, Sebastian office 772-589-7777 or our North Hutchinson office 772-464-7007. 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 MID-YEAR 2014 COMPARISON TO MID-YEAR 2013 Price Point Under $100,000
$100,001 to $250,000
$250,001 to $500,000
Over $500,001
Total
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
2014
97
43
2.7
$76,379
2013
145
103
4.3
$73,466
Change
-33%
-58%
-37%
+4%
2014
281
169
3.6
$156,393
2013
211
207
5.9
$151,194
Change
+33%
-18%
-39%
+3%
2014
17
38
13.4
$344,332
2013
10
45
27
$330,750
Change
+70%
-16%
-50%
+4%
2014
3
15
30
$665,000
2013
3
22
44
$530,000
Change
0%
-32%
-32%
+25%
2014
398
265
4
$148,753
2013
369
377
6.1
$128,603
Change
+8%
-30%
-34%
+16%
* Sold
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Coldwell Banker Paradise REALTORS
For over 25 years we have listed and sold more properties than any other brokerage in Indian River, St. Lucie and Brevard Counties
*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 January 1 - December 31, 2013
EXCLUSIVELY PRESENTING:
$595,000
$449,000
$394,000
12825 83rd Avenue
13620 Old Dixie Highway
1835 VIP Vacation Island Playground
$369,000
$350,000
$309,000
104 King Fisher Way
7240 US Highway 1
5681 US Highway 1
RIVERFRONT • SEBASTIAN
LAKEFRONT • SEBASTIAN
RIVERFRONT • SEBASTIAN
RIVERFRONT • GRANT
RIVERFRONT • GRANT
RIVERFRONT • GRANT
WE INVITE YOU TO VIEW OUR ENTIRE COLLECTION AT:
FLColdwellBanker.com
A SELECTION OF RECENT SOLDS: SO L D IN 2 1 DAYS!
Asking Price $379,000
LAUREL PRESERVE • SEBASTIAN
102 Wood Stork Way
SOLD for $370,000 Asking Price $449,000
SOLD for $408,000
RIVER ISLAND • SEBASTIAN
9426 52nd Court
S O LD I N 1 8 DAYS!
Asking Price $249,000
SOLD for $249,100
SEBASTIAN RIVER LANDING • SEBASTIAN
114 Stony Point Drive
Asking Price $239,000 SOLD for $230,000 Asking Price $219,995 SEBASTIAN HIGHLANDS • SEBASTIAN
444 Rolling Hill Drive
1306 Teaberry Lane
Can’t thank you enough Susan. The Collier Club and 594 Redwood Court were the PREFECT fit for our family. I’ve been doing a fair amount of exploring on the bike (167 miles last week Thurs. - Sun.) and we know we found the best spot in Florida. Our best to you and Jack. - Bob & Gaby Harrington
Susan Maitner
Cellular: 772-913-0222 SMaitner@bellsouth.net www.maitner.net
SOLD for $215,000
SEBASTIAN HIGHLANDS • SEBASTIAN
SEBASTIAN 772.589.7777