The Daley Group
Vero Beach, FL 32963
Single-Family Homes
The Daley Group at Douglas Elliman / 3001 Ocean Drive, Vero Beach FL 32963
Vero Beach, FL 32963
Wed Apr 02 2025
This week the median list price for Vero Beach, FL 32963 is $1,799,500 with the market action index hovering around 24. This is about the same as last month's market action index of 24. 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
Market Narrative
Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.
Real-Time Market Profile
| Median List Price | $1,799,500 | |
| Median Price of New Listings | $1,125,000 | |
| Per Square Foot | $647 | |
| Average Days on Market | 146 | |
| Median Days on Market | 98 | |
| Price Decreased | 49% | |
| Price Increased | 1% | |
| Relisted | 11% | |
| Inventory | 280 | |
| Median Rent | ||
| Market Action | 24 | |
| Slight Buyer's Advantage | ||
Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.
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 |
|---|---|---|---|---|---|---|---|---|
| $6,122,450 | 4,676 | 0.5 - 1 acre | 4 | 4.5 | 23 | 0 | 2 | 126 |
| $2,322,500 | 3,116 | 0.25 - 0.5 acre | 3 | 3.5 | 25 | 2 | 1 | 73 |
| $1,312,500 | 2,534 | 0.25 - 0.5 acre | 3 | 3 | 33 | 2 | 4 | 80 |
| $855,000 | 2,266 | 8,000 - 10,000 sqft | 3 | 2.5 | 26 | 4 | 4 | 77 |