2017 Year End Market Report for Vero Beach and Hutchinson Island by Coldwell Banker Paradise

END OF THE YEAR

Vero Beach & Hutchinson Island

Market Reports

Nancy Marquez Broker Associate 772-559-7282 NancyMsellsRE@aol.com

MARKET REPORT 2017 Vero Beach Island Year End Real Estate

Island Market Quickens Pace The Vero Beach Island housing market, which is

condo market brightened in 2017 and was also

always highly sought after, became an even hotter

relatively strong but buyers continue to have their

commodity in 2017. After a few sluggish quarters

choice with healthy inventory levels at all levels of the

in 2016 held down sales numbers

condo market. Pricing a home

for last year, 2017 saw no such

correctly remains one of the

lull in activity. Inventory dropped

determining factors on if your

in most housing segments but two

Island home will sell quickly.

market segments showed significant

Call your favorite Coldwell

decreases. Homes priced under

Banker Paradise agent Nancy

$500k are becoming a thing of the

Marquez at 772-559-7782 for a

past with inventory at only a three month supply.

free and confidential Market analysis of what your

Overall sales and units were up over 10% and

home is worth in todayâ&#x20AC;&#x2122;s market. Nancy Marquez is

average prices increased 8%. It would seem likely

a savvy realtor, skilled at negotiating and helping her

that a 6-9% increase is again likely in 2018. The

customers each step of the way to a smooth closing.

Nancy Marquez | 772.559.7282 | NancyMsellsRE@aol.com 2

Vero Beach Island

RECENTLY SOLD

SOLD $2,550,000 12770 Highway A1A

SOLD $1,125,000

SOLD $2,350,000 13000 Highway A1A

SOLD $1,111,000

www.FLColdwellBanker.com

SOLD $1,995,000

1811 E Barefoot Place

SOLD $770,000

2316 Tamarind Drive

735 Painted Bunting Lane

1714 Coconut Drive

SOLD $715,000

SOLD $625,000

SOLD $569,000

770 Greytwig Road

446 Holly Road

925 Reef Lane

Homes are selling fast! Call to see how much your home is worth! 772.559.7282 SOLD $687,500 3702 N A1A #601

SOLD $660,000 4400 N A1A #10S

WHERE EXCELLENCE LIVES

4780 HIGHWAY A1A, #3,VERO BEACH 32963

12510 HIGHWAY A1A,VERO BEACH 32963

Luxurious oceanfront townhome in the heart of our charming seaside village. 4 Bedroom, 4 Bath with a guest house, private pool, elevator, 2 car garage and direct oceanfront. $2,799,990

Oceanfront home in Vero Beach boasts 4 bedrooms, 2.5 bathrooms, wet bar, 2 living rooms, 2 bay garage, 3 covered patios and a roof top terrace with 360 degrees of ocean to river views. $1,999,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

2935 MARSH ISLAND LANE,VERO BEACH 32963

200 E. SEA COLONY DR. #3D, INDIAN RIVER SHORES 32963

Exceptional courtyard style home offers Floridaâ&#x20AC;&#x2122;s coastal living at its best. Superior millwork & finishes are offered throughout the home. Designed to merge indoor and outdoor spaces. $1,985,000

Direct Oceanfront in the most desireable of buildings. One of only 12 units which feature a private elevator and stunning terrace with wrap-around ocean views. $1,650,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

Nancy Marquez | Broker Associate | Habla Espanol

130 RIVERCOVE LANE,VERO BEACH 32963

2150 6TH COURT,VERO BEACH 32962

Spectacular waterfront oasis is set back on a tranquil Cul-desac. 5 Bedroom, 4 bathroom main house plus 1 bedroom, 1 bath cabana. 30â&#x20AC;&#x2122; deepwater dock with power. $1,449,000

Extraordinary Tropical Paradise. Waterfront home on 2 lots. Panoramic views overlooking nature preserve. 2 docks with lifts. Whole house automation system. $1,429,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

13155 N. INDIAN RIVER DRIVE, SEBASTIAN 32958

1202 ISLA VERDE, INDIAN RIVER SHORES 32963

Open the front door to you coastal dreams! Magnificent custom family compound. Breathtaking views, post & beam construction, 215â&#x20AC;&#x2122; frontage, dock, breezeway, RV/boat storage. $1,375,000

Rutenberg elegance enhanced. Near new Turnberry 2890 sf AC with all tile floors, quartz counters, GE Monogram, SS appliances, gas range, wine cooler, walk-in pantry. All impact windows. $1,095,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282 5

WHERE EXCELLENCE LIVES

846 BANYAN RD.,VERO BEACH 32963

470 ARROWHEAD TRAIL N.,VERO BEACH 32963

First home from Ocean Drive and steps away from pristine beaches, shops, and restaurants including Bobby’s. 3 Bedroom, 2.5 bathroom main house. 4,500+ living space on 2 lots. $990,000

Ocean-to-river living. Custom home on .56 acre cul-de-sac. Inviting formal - informal rooms view 60’ + lanai, pool/spa. Design features include fireplace, bookcases, millwork and more. $979,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

8860 N. SEA OAKS WAY, #105,VERO BEACH, 32963

260 SEA GULL AVENUE,VERO BEACH 32960

Ocean views from this 3rd floor condo enjoy the tranquil sounds of breaking surf on your private balcony. Sea Oaks is the ideal ocean to river club community with an acclaimed dining facility. $700,000

Fabulous canal view home with deep water access! This meticulously maintained home is in the heart of Vero making getting anywhere a breeze. All bedrooms are ensuites. 40’ lap pool. $699,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

Nancy Marquez | Broker Associate | Habla Espanol

2265 6TH COURT SE,VERO BEACH 32962

776 NORFOLK PINE LN,VERO BEACH 32963

You will know you are home when you drive up to this Tropical Paradise, covered with 30 Coconut Palms and lush landscaping, and big front porch. Take a swim in the pool or relax in hot tub. $674,000

East of A1A with deeded beach access. Seller to pay 1st year property taxes and HOA fees. No expense has been spared when renovating this home! Walt to beach and enjoy the good life. $665,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

489 12TH SE PLACE,VERO BEACH 32962

161 N. WHITE JEWEL COURT,VERO BEACH 32963

Amazing direct Indian River-front views from most rooms sunrise to star-gaze. Dream kitchen with granite counters and high-quality stainless appliances. Riverfront dock and deeper side canal. $650,000

Private gated community of 19 homes with private beach access. One of the largest lots in the community, this home features a beautiful sunroom overlooking large pool & fenced back yard. $634,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282 7

WHERE EXCELLENCE LIVES

2077 INDIAN SUMMER LANE,VERO BEACH 32963

4600 US HWY A1A, #101-102,VERO BEACH 32963

Relax in this beautiful Magnolia model in the private, gated community of the Seasons. Seller paying first years HOA. Designed for entertaining. Largest private pool in community. $627,500

Enjoy a carefree lifestyle in this furnished and spacious 4 bedroom, 5 bathroom condo on the ocean.Your guests will not want to leave this wonderful condo! 2 underground parking spaces. $599,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

29 SEAHORSE LANE,VERO BEACH 32960

12545 ROSELAND ROAD, SEBASTIAN 32958

Charming 3 bedroom, 3 bathroom deep water riverfront home with a pool located in the Vero Isles. This spacious home features a split pan with Mexican tile and Terrazzo floors & a fireplace. $599,000

Unique riverfront home with ocean access. Over 3.5 acres on the pristine St. Sebastian River. New roof in 2013, county water, concrete block 3/2 with privacy and natural river setting. $599,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

Nancy Marquez | Broker Associate | Habla Espanol

4336 SUMMER BREEZE TERRACE,VERO BEACH 32967

4696 PEBBLE BAY CIRCLE, INDIAN RIVER SHORES 32963

Beautiful 3 bedroom, 3.5 bathroom pool home in Riverwind, a private and gated community. Move in ready, recently updatd custom finishes make this home stand apart. Tropical landscaping. $579,900

Family pool home tucked under the Oaks surrounded by natural landcapes in desireable Pebble Bay Estates, ready for your final touches. 3 bedroom, 2.5 baths with ability to add another. $579,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

4311 SUMMER BREEZE TERRACE,VERO BEACH 32967

9448 52ND COURT, SEBASTIAN 32958

Lakefront home in Riverwind. Private/gated community. 3 bedroom, 3 bathroom, 2 car garage. Private free form large spa with screened enlarged patio invites entertainment and relaxation. $525,000

Direct Riverfront. Unobstructed views from this 3 bedroom, 3 bathroom, 1 car garage, fully furnished townhome just minutes to the Sebastian inlet. 1st & 2nd floor balconies overlook Intracoastal. $525,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282 9

MARKET REPORT 2017 Vero Beach Mainland Year End Real Estate

Vero Beach still Idyllic Destination for Many Vero Beach is still the lifestyle destination of choice for

price appreciation should be close to double digits unless

many on the Space and Treasure Coast, and the 2017

significant numbers of new construction are added.

housing market verified this as units sold rose by over

Pricing a home correctly remains one of the determining

13% and prices grew by over 10% while

factors on if your Vero Beach home

inventory levels slipped to barely over

will sell quickly. Call your favorite

a three months supply. In the starter

Coldwell Banker Paradise agent

housing market, for those homes priced

Nancy Marquez at 772-559-7782

under $250k, there are still homes

for a free and confidential Market

available but they sell on average in

analysis of what your home is worth

under two months. In this kind of high

in todayâ&#x20AC;&#x2122;s market. Nancy Marquez

activity market, buyers have to act quickly and offer high.

is a savvy realtor, skilled at negotiating and helping her

With inventory continuing to be tight in this price point,

customers each step of the way to a smooth closing.

Nancy Marquez | 772.559.7282 | NancyMsellsRE@aol.com 10

Vero Beach Mainland

RECENTLY SOLD

www.FLColdwellBanker.com

Homes are selling fast! Call to see how much your home is worth! 772.559.7282 11

MARKET REPORT 2017 Hutchinson Island Year End Real Estate

Inventory Tightening Causes Moderate Gains for Hutchinson Island Properties The Hutchinson Island housing market showed

sales and with a continued lack of inventory, it

steady gains in 2017, with average prices

is likely that you’ve regained significant equity.

increasingly slightly for most property types and

Call your favorite Coldwell Banker Paradise

ranges. A tightening of inventory

agent

as tempered sales for single

772-559-7782 for a free and

family homes and shows a healthy

confidential Market analysis

11.2% increase for condos on

of what your home is worth

the Island. The biggest increase

in today’s market.

in sales came were in the over

Marquez is a savvy realtor,

$500k single family homes and

skilled

condos which had respective

helping her customers each

increases of 26.4% and 60%. With such gains in

Nancy

Marquez

Nancy

negotiating

and

step of the way to a smooth closing.

Nancy Marquez, REALTOR® | Specializing in Hutchinson Island & Vero Beach 12

Hutchinson Island

RECENTLY SOLD

SOLD $1,125,000

SOLD $770,000

www.FLColdwellBanker.com

SOLD $770,000

2316 Tamarind Drive

118 Queen Eugenia Court

1714 Coconut Drive

SOLD $730,000

SOLD $687,500

SOLD $660,000

1605 Thumb Point Drive

SOLD $643,000 3000 N A1A Phv-B

3702 N A1A #601

SOLD $625,000

133 Parliament Court

4400 N A1A #10S

SOLD $600,000

2400 S Ocean Drive #81112

Homes are selling fast! Call to see how much your home is worth! 772-559-7282 SOLD $559,000

2400 S Ocean Drive #4192

SOLD $559,000

1610 Thumb Point Drive 13

WHERE EXCELLENCE LIVES

8053 S INDIAN RIVER DRIVE, FORT PIERCE, FL 34982

13700 SW GROVESIDE DRIVE, INDIANTOWN, FL 34956

Estate on 7 plus acres equestrian lot with more than 255 feet of waterfront with amazing views of the intracoastal. 2 story mansion with superior construction master on first floor. $2,600,000

2006 Plantation style home situated on 20 acres features 4/2.5/2 with private pool, pond, fenced with a 14 horse stall barn with an air conditioned office. A true equestrian lovers dream. $2,100,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

5450 PALMETTO AVENUE, FORT PIERCE, FL 34982

101 S COLORADO AVENUE, STUART, FL 34994

LUCIEâ&#x20AC;&#x2122;S EDGE- A Unique Enclave of Seclusion! A well maintained 9.5 acre estate home site which is full of Old Florida mature oaks and rests at the edge of the St. Lucie River. $1,495,000

This two bedroom, one bathroom with a carport features a fire place and all the old Florida charm. The home is situated on the River with views of the sunset and sunrise. $1,489,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

Nancy Marquez | Broker Associate | Habla Espanol

5109 S INDIAN RIVER DRIVE, FORT PIERCE, FL 34950

4160 N A1A HWY E 1007, HUTCHINSON ISL, FL 34949

Magnificent home on the Indian River minutes directly to ocean. Gorgeous views with 100+ ft. riparian rights on the intracostal. Custom built in 2008, $1,225,000

Oceanique is one of the finest ocean front residences on prestigious Hutchinson Island. This luxurious corner unit will please your upmost sense of architectural beauty. $1,429,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

2021 S INDIAN RIVER DRIVE, FORT PIERCE, FL 34950

3928 DUNESIDE DRIVE, HUTCHINSON ISLAND, FL 34949

Classic Elegance On The Indian River! Move in Ready! See stunning sunrises and gorgeous wide water views of the Indian River while enjoying tropical breezes from your 58â&#x20AC;&#x2122; front porch. $890,000

Enjoy waterfront living at its finest in this classic Key West stately home located on the idyllic North Hutchinson Island with its miles of naturally replenishing beautiful beaches. $829,500

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282 15

WHERE EXCELLENCE LIVES

4160 N A 1 A HIGHWAY 1306, FORT PIERCE, FL 34949

4400 N HWY A1A 5, HUTCHINSON ISLAND, FL 34949

Welcome to Oceanique located on serene North Hutchinson Island. This prestigious 3 bedroom/2.5 bath/1 car garage 13th floor Penthouse is what youâ&#x20AC;&#x2122;ve been looking for. $799,000

Paragon condominium is considered to be one of the most elegant buildings on Hutchinson Island with only 2 Units per floor. The building is known to be as secure as it is elegant. $795,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

3920 N HIGHWAY A1A 904, HUTCHINSON ISL, FL 34949

4310 A1A 302, HUTCHINSON ISLAND, FL 34949

Southeast corner unit, totally renovated to excellence with two car garage.You will bask in the view from this three bedroom, two and a half bath condo with an office. $789,900

BAJA VERO!! Enjoy the Spectacular Ocean views from this 3rd floor, NE Corner 3 bedroom, 2 1/2 Bath Direct Oceanfront condo in Altamira located on North Hutchinson Island. $775,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

Nancy Marquez | Broker Associate | Habla Espanol

2001 MIMOSA AVENUE, FORT PIERCE, FL 34949

2805 S INDIAN RIVER S DRIVE, FORT PIERCE, FL 34982

Only steps to the ocean! Beautiful 5 bedrooms, 4 bath home with custom solar heated pool & large 2 car garage. Upgrades galore including travertine flooring, custom mosaic inlay. $774,900

Traditional charm on the river! Magnificent sweeping views! This home is located on almost 5 acres with 290â&#x20AC;&#x2122; of riverfront. This huge corner lot could have additional value to a new buyer. $749,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

4400 N HWY A1A 7S, HUTCHINSON ISLAND, FL 34949

Rare opportunity to purchase a desirable hard to find 3 bedroom corner unit in the Atrium II with unbelievable ocean views. Also included in the sale is a one car garage. $695,000

Luxurious oceanfront. Each unit in this building occupies Â˝ of each floor and the elevator opens directly into the unit. Open living with ocean views front the living room, dining room and kitchen.

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282 17

WHERE EXCELLENCE LIVES

3681 SE SILVER COURT, STUART, FL 34997

4160 N A1A 503, HUTCHINSON ISLAND, FL 34949

Wonderful key west style home located on a professionally landscaped fenced lot. This is one of rocky points more desirable large lot properties. Screen enclosed pool. $668,500

Absolutely the best elevation for direct ocean and beach view. Condo looks like model, 3 bedrooms with office/den and 2.5 bathrooms, 2 garages (one under the building) and storage. $625,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

2400 S OCEAN DRIVE 4392, FORT PIERCE, FL 34949

3024 WINDWARD DRIVE 1206, FORT PIERCE, FL 34949

3/2/1 condo located in the Seascape in desirable Ocean Village. Totally renovated condo has breath taking views of the ocean and Indian River. 24 Hour manned guard at gate. $599,900

Ocean views from 3 bedroom, 2 1/2 bath corner unit condo in Ocean Village. Kitchen upgrades include exotic granite countertops, center island and brand new stainless steel appliances. $599,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

Nancy Marquez | Broker Associate | Habla Espanol

902 JACKSON WAY, HUTCHINSON ISLAND, FL 34949

2014 WINDWARD DRIVE, FORT PIERCE, FL 34949

River views from family room in this 2 story 3 bedroom home close to Fort Pierce Inlet. On North Hutchinson Island across from Jack Island Preserve, near National Navy UDT-SEAL Museum. $569,900

Ocean front condo at Ocean Village on beautiful South Hutchinson Island! Gorgeous & huge (2128 SF) 3 bedroom, 2.5 bath & 1 car garage space plus a large storage bin. $569,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

2536 HARBOUR COVE DRIVE, FORT PIERCE, FL 34949

1002 WINDWARD DR 1002, HUTCHINSON ISL, FL 34949

North Hutchinson Island at Harbour Cove beautiful 3 bedroom 2.5 bath townhome & 2 car garage. Totally renovated end unit with many upgrades including stainless steel appliances. $559,000

Direct ocean access corner unit. Large and open spacious floor plan at approximately 2,000 Sq ft living. Private pool access. 3 bedroom 2 Bath with garage space parking and storage. $550,000

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282

To view this exceptional Coldwell Banker Paradise listing or any listing on the market call Nancy Marquez at 772.559.7282 19

MARKET REPORT 2017 St. Lucie County Mainland Year End Real Estate

Robust Sales Continue Strong Pace in St. Lucie County Housing Market Sales in St Lucie County continue their strong pace, up 9% year over year. Listings remain even tighter with only a 90 day supply of inventory. With such a tight level of inventory, buyers are challenged and need to be prepared to move quickly. This is particularly true in the starter home market where inventory is under a two months supply. Prices for single family homes in the St Lucie County market grew by 9% in the under $250k segment. For homes in the mid-range, $250K-$1mil, while inventory has shrunk, prices have remained relatively stable. With decreasing inventory the prices in this midrange market should accelerate this year going up 4-6%.

The real excitement in the St Lucie County market is the growth in the luxury housing market, with homes selling in the $1mil + range. And with more high-end inventory being built that sales pace should continue. Pricing a home correctly remains one of the determining factors on if your St Lucie County home will sell quickly. Call your favorite Coldwell Banker Paradise agent Nancy Marquez at 772-559-7782 for a free and confidential Market analysis of what your home is worth in todayâ&#x20AC;&#x2122;s market. Nancy Marquez is a savvy realtor, skilled at negotiating and helping her customers each step of the way to a smooth closing.

Nancy Marquez, REALTORÂŽ | Specializing in Hutchinson Island & Vero Beach 21

St. Lucie County Mainland

RECENTLY SOLD

Homes are selling fast! Call to see how much your home is worth! 772-633-8200 772-559-7282 22

z e u q r a M y c n a N

Your Island & Luxury Specialist on the Treasure Coast Consistent Top Producer specializing in Luxury Homes, Vacation and Second Homes, Relocation and Recreational Properties. As a Graduate of the Realtor Institute (GRI), Certified Distressed Property Expert and Broker Associate I can help Sellers and Buyers with their goals. 100% committed to exceeding my clients expectations and empowering them with the knowledge and information to make the right decisions.

Habal Espanol

Nancy Marquez Broker Associate

772.559.7282

NancyMsellsRE@aol.com

Buying? Selling? Renting? Investing? Discover the Coldwell Banker Real Estate Difference

Trust the Company that dominates the Industry Nancy Marquez, Broker Associate Your Island & Luxury Specialist on the Treasure Coast 772-559-7282 NancyMsellsRE@aol.com