Vero Beach homes are selling more quickly than they were a year ago. That, according to a recent report from Zillow. The article in Propertywire shows the median time Vero Beach homes spent on the market in September was just eighty six days, a reduction of thirty days compared to the September of the previous year when homes took 116 […]
Vero Beach Home Sales Skyrocket During August
Vero Beach home sales in August reached their highest point in more than six years, but don't expect this upward trend to continue. That's the word from the National Association of Realtors, which reports sales of single-family homes, town homes and condominiums rose 1.7 percent in August to a seasonally adjusted annual rate of 5.48 million. That's the highest pace […]
Vero Beach Home Sales and Prices Rise in July
Vero Beach home sales rose in July to their highest level in over three years, with year-over-year prices again showing double-digit gains. Rising interest rates as well as rising prices are expected to tamp down both prices and the number of Vero Beach home sales in coming months, as homes get less affordable. The shortage of homes for sale, particularly […]
Existing Vero Beach Home Sales Up
Existing Vero Beach home sales climbed to a 3 and a half year high in April, and all indications are they will continue to climb in May and June. However, rising interest rates are the concern now. Along with Vero Beach home sales, Vero Beach home prices continued to climb with the S&P/Case-Shiller monthly home price indices for March (which […]
March Pending Vero Beach Home Sales Improve
Vero Beach home sales in March continued to show signs of improvement, in spite of the tight housing supply that is plaguing the market. Home sales are somewhat stuck due to the limited number of homes available to buy, which is somewhere near 17 percent below year-ago levels. Some home owners are still hesitant to sell, noticing the recent price […]