Mon Nov 18 2019
This week the median list price for Vero Beach, FL 32963 is $1,025,000 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 319.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$1,025,000|
|Per Square Foot||$349|
|Days on Market||305|
|Slight Buyer's Advantage|
The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$3,195,000||5,031||0.5 - 1 acre||4||5||18||2||5||401|
|$1,395,000||3,626||0.25 - 0.5 acre||4||4||21||4||3||361|
|$839,500||2,892||0.25 - 0.5 acre||4||3||29||4||4||260|
|$550,000||2,272||0.25 - 0.5 acre||3||2||28||12||7||196|