Daley & Company Real Estate
Vero Beach, FL 32967
Single-Family Homes
Daley and Company Real Estate, LLC / 2855 Ocean Drive, Vero Beach FL 32963
Vero Beach, FL 32967
Mon Oct 14 2019
This week the median list price for Vero Beach, FL 32967 is $357,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has held steady at or around 280.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Real-Time Market Profile
| Median List Price | $357,000 | |
| Per Square Foot | $163 | |
| Days on Market | 180 | |
| Price Decreased | 30% | |
| Price Increased | 11% | |
| Relisted | 21% | |
| Inventory | 280 | |
| Median House Rent | $2,200 | |
| Most Expensive | $2,399,000 | |
| Least Expensive | $104,000 | |
| Market Action Index Slight Buyer's Advantage | 29 |
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 |
|---|---|---|---|---|---|---|---|---|
| $709,927 | 2,790 | 0.25 - 0.5 acre | 3 | 3 | 13 | 3 | 3 | 272 |
| $399,000 | 2,418 | 0.25 - 0.5 acre | 3 | 2 | 11 | 1 | 5 | 192 |
| $306,000 | 2,151 | 8,000 - 10,000 sqft | 3 | 2 | 12 | 5 | 6 | 138 |
| $214,825 | 1,591 | 8,000 - 10,000 sqft | 3 | 2 | 14 | 6 | 12 | 115 |