Specializing in Vero Beach FL Real Estate & Vero Beach Homes for Sale
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October 2009 Island home sales surge 225% over September, fluke or demand break out?
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3rd Q '09 island stats, shown below, clearly show market bottoming in 2009 2nd Q: see that 3rd Q 2009 shows increase in avg sales price and list to sell ratios with decrease in avg market time as increased demand begins to put upward pressure on pricing and sing fam inventory continues to decrease; condo inventory remains relatively unchanged as supply exceeds demand.
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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!
Featured listing, left: Direct riverfront w/dockage
SOLD!
3 Offers in 24 Hrs! as Buyers Return to Market for Listings Priced To Sell in Today's Market
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$1,849,000
Click photo for detail on this aggressively priced custom riverfront residence with sea wall & mangroves!
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
Avg List: $1,264,961 $ 1,212,982 $1,345,312 $1,532,607 $1,138,260 $1,207,525
Avg Sales Price 1,047,281 914,525 $869,103 856,319 608,819 790,407
Avg List/Sell Ratio: 87.47% 88.06 88.45 87.66% 89.04% 87%
Avg Days on Market: 212 229 203 248 217 204
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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