Vero Beach Mainland Mid-Year Market Report
RECENTLY SOLD Ben Bryk, REALTOR® 772-713-9455 • BenTheRealEstateGuy@gmail.com
SOLD $615,000
260 Sea Gull Avenue
SOLD $360,000
SOLD $390,000
5728 Riverboat Circle
SOLD $335,000
www.FLColdwellBanker.com
SOLD $375,000
220 32nd Court SW
SOLD $305,000
460 40th Court SW
5441 Barbados Square
2009 Grey Falcon Circle, SW
SOLD $295,000
SOLD $295,000
SOLD $290,000
1358 Lexington Square
925 32nd Avenue
534 53rd Square
Homes are selling fast! Call to see how much your home is worth!
SOLD $290,000 5251 4th Place
SOLD $287,000 3256 59th Avenue
Ben Bryk REALTOR® 772-713-9455
ABOUT BEN I have lived in Vero Beach for over 15 years. I was born and raised in Connecticut. I have a Bachelor of Science in Management and have spent the majority of my career in advertising. I am skilled at negotiating, developing and executing successful business plans. I know the community well and I am proud to call it my home. I would be honored to assist you with buying or selling your home. For the best in full-service Realtor please call Ben Bryk at Coldwell Banker Paradise at 772-713-9455 or by email at ben.bryk@coldwellbanker.com. I sell over 125 homes per year with my partner. While specializing in the Vero Beach area, I also sell homes on the barrier island as well as condos. Once I list a home, I always get wonderful results. I am a proud recipient of the Coldwell Banker Sterling Society Designation in 2018.
2018 Vero Beach Mid-Year
MARKET REPORT
Price Point
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
Condos Sold
Under
2018
566
217
2.3
$172,009
$250,000
2017
621
202
2.0
$166,155
Change
-8.9%
7.4%
17.9%
$250,001 to
2018
372
290
$500,000
2017
312
Change Over $500,000
Total
Current Listings
Month’s Supply
Average Price
234
89
2.3
$108,648
236
109
2.8
$101,250
+4%
-0.8%
-18.3%
-17.7%
+7%
4.7
$326,281
6
15
15.0
$340,833
274
5.3
$323,841
15
5
2.0
$311,160
+19.2%
+5.8%
-11.2%
+1%
-60%
+200%
+650%
+10%
2018
42
92
13.1
$706,502
3
3
6.0
$1,061,667
2017
52
89
10.3
$641,760
10
4
2.4
$620,200
Change
-19.2%
+3.4%
+28.0%
+10%
-70%
-25%
+150%
+71%
2018
980
599
3.7
$253,476.23
243
107
2.6
$126,146.63
2017
985
565
3.4
$241,210.32
261
118
2.7
$133,196.93
Change
-0.5%
+6%
+6.6%
+5%
-6.9%
-9.3%
-2.6%
-5%
The Vero Beach mainland market had healthy and safe
If the macro-economic market continues to expand, more
growth in the first half of 2018. The number of homes rate increases can be expected. First time buyers and buyers sold was stable. The inventory of homes sold rose slightly. moving into larger family homes should consider buying The average price of homes sold rose by a sustainable 5%. soon to lock in these lower rates. The statistics indicate a market that is stable and not overheated.
Inventory should keep growing since the increased rates will slow price increases. Now is a good time to get a home
Even though the inventory remains tight, with a 3.7 month on the market. supply, rising interest rates will continue to hold prices down. If you would like to find the right price for your home in today’s While the increase in interest rates has lowered buying changing market, contact Ben Bryk at 772-713-9455. With eleven offices covering 135 miles of Florida’s East Coast, Coldwell power for those purchasing with loans by 30%, today’s Banker Paradise is the largest full service real estate company in interest rates are still low in comparison to historical rates. the area.