Daley & Company Real Estate

Vero Beach, FL

Single-Family Homes

Daley and Company Real Estate, LLC / 2855 Ocean Drive, Vero Beach FL 32963



Vero Beach, FL

Mon Apr 22 2019
This week the median list price for Vero Beach, FL is $393,000 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 1191. Click here to stay informed with the Vero Beach market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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.

Vero Beach, FL

Mon Apr 22 2019
This week the median list price for Vero Beach, FL is $393,000 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 1191. Click here to stay informed with the Vero Beach market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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.

Real-Time Market Profile

Never miss important changes in the Vero Beach market.
Median List Price $393,000
Per Square Foot $176
Days on Market 180
Price Decreased 45%
Price Increased 5%
Relisted 26%
Inventory 1191
Median House Rent $3,500
Most Expensive $29,900,000
Least Expensive $14,500
Market Action Index
Slight Buyer's Advantage
27

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,395,000 3,556 0.25 - 0.5 acre 4 4 19 3 3 297
$525,000 2,569 0.25 - 0.5 acre 3 3 18 14 8 203
$320,919 2,088 8,000 - 10,000 sqft 3 2 13 18 19 123
$204,000 1,452 4,500 - 6,500 sqft 3 2 27 27 21 100