2017 Vero Beach Year End Real Estate Market Report
Vero Beach Still Idyllic Destination for Many
Vero Beach is still the lifestyle destination of choice for many on the Space and Treasure Coast, and the 2017 housing market verified this as units sold rose by over 13% and prices grew by over 10% while inventory levels slipped to barely over a three months supply. In the starter housing market, for those homes priced under $250k, there are still homes available but they sell on average in under two months. In this kind of high activity market, buyers have to act quickly and offer high. With inventory continuing to be tight in this price point, price appreciation should be close to double digits unless significant numbers of new construction is added.