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

Sun Dec 22 2024
This week the median list price for Vero Beach, FL 32963 is $1,995,000 with the market action index hovering around 25. This is less than last month's market action index of 27. Inventory has increased to 195. 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 Buyer's Advantage

Market Narrative

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.

Vero Beach, FL 32963

Sun Dec 22 2024
This week the median list price for Vero Beach, FL 32963 is $1,995,000 with the market action index hovering around 25. This is less than last month's market action index of 27. Inventory has increased to 195. 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 Buyer's Advantage

Market Narrative

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

Never miss important changes in the Vero Beach market.
Median List Price $1,995,000
Median Price of New Listings $2,175,000
Per Square Foot $678
Average Days on Market 149
Median Days on Market 98
Price Decreased 22%
Price Increased 3%
Relisted 12%
Inventory 195
Median Rent
Market Action 25
Slight Buyer's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$6,997,450 5,247 0.5 - 1 acre 4 5 22 3 1 98
$2,450,000 3,196 0.25 - 0.5 acre 4 4 23 3 1 105
$1,525,000 2,781 0.25 - 0.5 acre 3 3 31 4 5 98
$925,000 2,264 8,000 - 10,000 sqft 3 3 24 1 2 98