The Daley Group

Vero Beach, FL 32967

Single-Family Homes

The Daley Group at Douglas Elliman / 3001 Ocean Drive, Vero Beach FL 32963



Vero Beach, FL 32967

Thu Mar 28 2024
This week the median list price for Vero Beach, FL 32967 is $558,403 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has decreased to 198. Click here to stay informed with the Vero Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Vero Beach, FL 32967

Thu Mar 28 2024
This week the median list price for Vero Beach, FL 32967 is $558,403 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has decreased to 198. Click here to stay informed with the Vero Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Vero Beach market.
Median List Price $558,403
Median Price of New Listings $485,000
Per Square Foot $259
Average Days on Market 103
Median Days on Market 63
Price Decreased 43%
Price Increased 6%
Relisted 14%
Inventory 198
Median Rent
Market Action 31
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,054,862 2,824 8,000 - 10,000 sqft 3 3 15 1 7 70
$649,000 2,400 0.25 - 0.5 acre 3 3 12 5 3 77
$485,000 2,000 8,000 - 10,000 sqft 3 2 16 4 7 70
$349,450 1,585 8,000 - 10,000 sqft 3 2 19 8 6 52