Market report, updated

Market Report

Search in the city of Vero Beach

Elitegroupfl.com
Report prepared by Elitegroupfl.com The Elite Group at Illustrated Properties
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Market at a glance

Over the last 6 months, homes sold for 94.9% of list price in 88 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $488K Sold · $472K
$520K$480K$440K$400K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 134 sales in Mar. Last month: 88.

Where the market stands

All homes in this report, by status.

1,320homes
Active689 · 52%
Under contract71 · 5%
Sold (6 mo)560 · 42%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

7.3months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$808K
Under contract$565K
Sold$458K

Average days on market

Active107 days
Under contract59 days
Sold88 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 689
Average list price $808,242
Avg. days on market 107 days
Avg. price per ft² $325
Avg. living area 1,964 ft²
Avg. beds / baths 3.0 / 2.6

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

34 homes didn’t report living area and aren’t shown.

3 homes are larger or pricier than this chart’s scale and aren’t shown.

$6M$4M$2M$0

Price vs. living area: 213 homes plotted, up to $6M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

113 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

12356 HIGHWAY A1A Highway$4,222
2120 S Highway A1a$3,020
3050 Par Drive$2,317
3700 Ocean Drive$1,944
3756 Ocean Drive$1,776
1806 Mooringline Drive$1,210
1520 Indian Bay Drive$1,204

All active listings (689)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
4360 1ST StreetVero Beach, FL 32968 221,072$280,000$2611 day
2270 4TH LaneVero Beach, FL 32962 21778$284,900$3662 days
1635 19TH Place SWVero Beach, FL 32962 321,606$359,900$2241 day
2120 S Highway A1aVero Beach, FL 32963 101514,900$45,000,000$3,020166 days
3756 Ocean DriveVero Beach, FL 32963 686,672$11,850,000$1,776224 days
1520 Indian Bay DriveVero Beach, FL 32963 574,644$5,595,000$1,204208 days
1806 Mooringline DriveVero Beach, FL 32963 454,585$5,550,000$1,210205 days
3700 Ocean DriveVero Beach, FL 32963 81218,000$35,000,000$1,944176 days
751 Banyan RoadVero Beach, FL 32963 442,847$2,795,000$9819 days
3605 Eagle DriveVero Beach, FL 32963 431,951$1,895,000$971412 days
Elitegroupfl.com

Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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