Specializing in Vero Beach FL Real Estate & Vero Beach Homes for Sale
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GASP, SHOCK, AWE: MEDIAN PRICING UP 2% MARCH YOY IN INDIAN RIVER COUNTY!
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MAY NEWS: BIG MONEY RETURNS TO THE MARKET: this is significant: 42% of sing fam sales traded over $1MM, with 6 oceanfront sales, one riverfront; (albeit it major discounts, avg L:S ratio 50%) This is big news as for the past 12 mos low price tier sales dominated, high end sectors languished, Over 78% May sales traded over $522K; 50% of condo sales traded over $510K, also a serious change. Sales signal big money buyers return to market (aka where else can you park your money with surety of a good return?) Real estate, art, vintage autos, gold...buyers appear increasingly more confident in things tangible than stocks.
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Sales increase 25% in April YOY but so do listings, negating inventory absorption
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Vero Beach real estate most undervalued in nation, report says
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Your one stop resource for Vero Beach, FL real estate & the Vero Beach lifestyle! Question about Vero or a specific house? Call Sally at 877-305-6169 or email her now for a prompt reply!
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Featured listing, left:
Direct canal front w/dockagefor a 70' boat! $799,000 2,668 SF 3/3 Pool, dock
Heavily renovated, professional
grade Viking gas range, spa-like
master suite with two person tub &
Visit Vero virtually and see why Vero Beach --
"the Hamptons of Florida" -- offers a lifestyle worth your consideration. For Vero Beach FL Real Estate and Vero Beach Homes for Sale, this is the only website you need! Learn more about Vero in our Insider’s Guide to Vero: community profiles, recreation, accomodations, cultural affairs & more!
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Send us your wish list and we will create your very own list of BUY-rated properties that represent the very best buys of whatever type of property best suits your needs
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Price Range for Barrier island properties: Condos $199-$2M Homes $399-$10M
Barrier island 2nd Q '08: 3rd Q '08 4th Q '08 1st Q '09 2nd Q '09 3rd Q '09 4th Q '09
Avg List: $1,264,961 $ 1,212,982 $1,345,312 $1,532,607 $1,138,260 $1,207,525 1,347,865
Avg Sales Price 1,047,281 914,525 $869,103 856,319 608,819 790,407 1,051,415
Avg List/Sell Ratio: 87.47% 88.06 88.45 87.66% 89.04% 87% 78%
Avg Days on Market: 212 229 203 248 217 204 209
The Buzz on Vero: Kiplinger's recently noted that 14% of Vero Beach residents were millionaires, 4th in the nation among 10 locales cited, noting: "Called the Treasure Coast for the riches washed up on its beaches centuries ago from shipwrecks, there's still plenty of wealth turning up in the Vero Beach area. With lower home prices than other Florida hotspots such as Miami and Palm Beach, this Atlantic Coast town on Florida's Indian River has been a Mecca for real estate investors looking to unearth riches of their own. Well-to-do retirees and families are also flocking to the area, making it one of the fastest-growing populations in the country."
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