2018 End of Year Market Report Susan Maitner

2018 Indian River County & Brevard End of Year

M arket R eport

Susan Maitner Global Luxury Certified RealtorÂŽ 772-913-0222 smaitner@bellsouth.net

PA R A D I S E Member of Schmidt Family of Companies

Waterfront Homes in Sebastian Proving Alluring to Luxury Buyers

Sebastian Year End M arket R eport

Sebastian available property for sale has risen by a significant 36.7%. Sebastian’s market is adjusting to the higher interest rates and a small decline in sales activity. As a result the number of properties on the market has risen substantially this year. This has caused time on the market to extend to 3.9 months which keeps the market strong for sellers but more signficantly, creates a good selection for buyers. 2018 is projected to show moderate growth with prices rising in the 1% to 3% range.

New construction costs continue to rise creating advantages for the existing home market. Coldwell Banker Paradise is a proud member of the Schmidt Family of Companies, making us part of the 20th largest brokerage in the country. Specializing in luxury and resort markets, we have offices on the East Coast and West Coast of Florida, throughout North America, and in the Virgin Islands. If you are considering buying or selling, call us in Paradise to find out the value of your current home. Call Susan Maitner your Global Luxury Certified agent at 772-913-0222 today.

Page 2

Susan Maitner Is the #1 Real Estate Agent in Sebastian River | Micco | Grant for having the most sales of waterfront properties - $11M+ since 2012

Susan’s SOLDListings

$340,000 12985 83RD AVE, SEBASTIAN 32958

$340,000 LITTLE HOLLYWOOD 9828 RIVERVIEW DRIVE, MICCO 32976

$502,500 LITTLE HOLLYWOOD 9824 RIVERVIEW DRIVE, MICCO 32976

$550,000 SAN SEBASTIAN SPRINGS 625 FISCHER HAMMOCK RD, SEBASTIAN 32958

$326,000 COLLIER CREEK 726 EASY ST, SEBASTIAN 32958

$419,500 9981 SEBASTIAN RIVER DR, MICCO 32976

Page 3

Susan’s SOLD Listings

$255,000 RIVER RUN 6025 RIVER RUN DR, #6025, SEBASTIAN 32958

$650,000 13380 OLD DIXIE HIGHWAY, SEBASTIAN 32958

$625,000 9582 TORTOISE LN, SEBASTIAN RIVERFRONT MICCO 32976

$665,000 9590 TORTOISE LN, SEBASTIAN RIVERFRONT MICCO 32976

$306,000 RIVERVIEW TERRACE 4545 CELESTIAL DR, MICCO 32949

$235,000 722 BROOKEDGE TER, SEBASTIAN 32958

Page 4

Susan’s SOLD Listings

$280,000 925 GREENBRIER AVE, SEBASTIAN 32958

$332,500 13920 RUFFNER LN, SEBASTIAN 32958

$228,000 5400 HIGHWAY A1A, #A1, INDIAN RIVER SHORES 32963

$175,000 498 CROTON AVE, SEBASTIAN 32958

$535,000 9554 RIVERVIEW DR, MICCO 32976

$515,000 RIVERFRONT - 5270 FISHERMAN LN, Page 5 GRANT VALKARIA 32949

Susan’s SOLD Listings

Page 6

$370,000 9507 FLEMING GRANT RD, MICCO 32976

$222,000 COLLIER CLUB 691 COLLIER LAKE CIR, SEBASTIAN 32958

$340,000 9673 FLEMING GRANT RD, MICCO 32976

$340,000 1568 EAGLES CIR,, FISCHER LAKE ISLAND SEBASTIAN 32958

$345,000 5285 94TH LN, SEBASTIAN 32958

$420,000 HOBART LANDING - 3565 LUCIA DR, VERO BEACH 32967

Susan’s SOLD Listings

$650,000 RIVERFRONT - 3575 HEATHER LN, MICCO 32976

$400,000 7315 65TH STREET, VERO BEACH 32967

$295,000 100 SNOWY EGRET, LAUREL RESERVE SEBASTIAN 32958

$340,000 6900 CREPE MYRTLE DRIVE, GRANT 32949

$320,000 9625 FLEMING GRANT ROAD, MICCO 32976

$217,500 688 COLLIER LAKE CIRCLE, SEBASTIAN 32958

Page 7

Susan’s SOLD Listings

$430,000 1572 EAGLES CIR, FISCHER LAKE ISLAND SEBASTIAN 32958

Page 8

$427,000 103 HARBOR POINT DR, SEBASTIAN 32958

$712,500 7805 HOMESTEAD DR, VERO BEACH 32967

$280,000 315 PINTO LANE, DEER RUN PALM BAY 32909

$305,000 328 DEER RUN ROAD, PALM BAY 32909

$390,000 5225 94TH PL, SEBASTIAN 32958

Susan’s SOLD Listings

$285,000 3083 FOREST CREEK DR, MELBOURNE 32901

$385,000 4760 PAWPAW LN,, RIVERVIEW TERRACE GRANT VALKARIA 32949

$257,500 102 BARBARA CT, SEBASTIAN 32958

$207,200 102 CONCHA DR, SEBASTIAN 32958

$220,000 737 TULIP DRIVE SEBASTIAN 32958

$121,000 1513 EAGLES CIR, FISCHER LAKE ISL Page 9 SEBASTIAN 32958

Susan’s SOLD Listings

$170,000 402 TULIP DR, SEBASTIAN 32958

Page 10

$281,900 3803 RENALD PL, MICCO 32976

$233,000 280 CONCHA DR, SEBASTIAN 32958

$172,000 1416 35TH AVE, VERO BEACH 32960

$180,000 297 WATERCREST ST, SEBASTIAN 32958

$76,000 728 S EASY ST, SEBASTIAN 32958

Susan’s SOLD Listings

$387,000 13895 RUFFNER LN, SEBASTIAN 32958

$385,000 HARBOR POINT -108 HARBOR POINT DR. SEBASTIAN 32958

$37,500 88 CROOKED TREE LN, #105, VERO BEACH 32962

$162,000 5400 HIGHWAY A1A, #D4, INDIAN RIVER SHORES 32963

$75,000 6780 S US HIGHWAY 1, GRANT VALKARIA 32949

$33,750 EACH 1529 EAGLES CIR, & 1531 ERICA’S WAY FISCHER LAKE ISL - SEBASTIAN 32958 Page 11

Susan’s SOLD Listings

$194,000 470 BYWOOD AVE, SEBASTIAN 32958

Page 12

$195,000 302 MIDVALE TER, SEBASTIAN 32958

$210,000 598 ROLLING HILL DR, SEBASTIAN 32958

$216,500 966 FLAMINGO AVE, SEBASTIAN 32958

$220,000 407 AZINE TER, SEBASTIAN 32958

$249,100 114 STONY POINT DR, SEBASTIAN 32958

Susan’s SOLD Listings

$255,000 1520 GLENTRY LN, SEBASTIAN 32958

$126,000 8735 94TH AVE, VERO BEACH 32967

$127,000 8776 105TH CT, VERO BEACH 32967

$95,000 3775 FOOSHE AVE, MICCO 32976

$127,650 9633 HONEYSUCKLE DR, MICCO 32976

$147,500 7670 US HIGHWAY 1, MICCO 32976

Page 13

Susan’s Listings

Custom Turnkey Home G R A N T VA L K A R I A

Built on a block and concrete stem wall, this home is solid block and poured concrete from top to bottom. Designed with your safety in mind, when you leave all you have to do is flip a switch and the windows and doors are enclosed with roll down shutters and the property is secured.You will enjoy a million dollar top level view of dolphins, manatees, wild game and a wide variety of birds. The downstairs has a 966 sf flex room with a full bath. This home is easy to show - call Susan at 772-913-0222. Offered at $575,000 (208755)

G R A N T VA L K A R I A

Intracoastal

A casual coastal retreat awaits you. An open floor plan frames a panoramic Intracoastal view. Dock, impact glass, newer roof, huge garage, oversized yard & seawall. Tile throughout & a real fireplace offers ambiance. Call Susan Maitner at 772-913-0222 for a private showing. Offered at $529,000 (204904)

Susan’s Listings

Fischer Lake Island

Enjoy sunrise to sunset in this beautiful custom home located in one of Sebastian’s most coveted communities. Walk or jog around the magnificent 17 acre lake. Fishing and kayaking from your private dock or boat ramp. Kraft maid cabinetry, gas cooktop, granite countertops, built-in generator are just the beginning of the feature list.

Tucked in tranquility, close to everything, a real gem. Call Susan Maitner at 772-9130222 to see. Offered at $459,000 (215059)

SEBASTIAN

Historic Farmhouse....

SEBASTIAN Let nostalgia sweep you away in this lovely historic home built in 1910. Nestled on 2.6 Acres of the picturesque sebastian river, this 'Florida cracker era farmhouse' welcomes you with a plantation-style entrance delivering an expansive divide between the house and road. Sitting on a bluff, wrap around porch, maple floors, guest cottage, laundry room, CBS garage & so much more. Offered at $749,000 (209110)

2018 End of Year Vero Beach Island

RECENTLY SOLD

www.FLColdwellBanker.com

R.E. Hill: “I recently sold my 2 lots here in Sebastian, Florida. I used your agency and the services of your sales person Susan Maitner.

She was very professional in her handling of the sale.�

Page 16

2018 Vero Beach Island Year End

MARKET REPORT

Vero Beach Island Inventory Slows Home Sales Sales of single family homes on Vero Beach’s Island were flat for the first time in a number of years. The number of sales were steady at 413 vs 2017 411.There are more homes on the market this year causing the average days on market to rise 7.7% prices fell by 3% in 2018.The annual appreciation flattened to 1 .2% plus to 10% decline, depending on the price range caused by rising inventory. We would expect that slower appreciation and longer time on the market will continue in 2019. The Vero Beach Island Condominium market was flat in 2018 with prices on average declining by 6%. Inventory of available units has

increased by 20.5% causing average days on market to increase to 10 months. We would anticipate 2019 to remain steady with nominal appreciation. Coldwell Banker Paradise is a proud member of the Schmidt Family of Companies, making us part of the 20th largest brokerage in the country. Specializing in luxury and resort markets, we have offices on the East Coast and West Coast of Florida, throughout North America, and in the Virgin Islands. If you are considering buying or selling, call Susan Maitner your Global Luxury Certified Agent in Paradise to find out the value of your current home, 772-913-0222.

Page 17

2018 End of Year Vero Beach Mainland

RECENTLY SOLD

www.FLColdwellBanker.com

P. & D. Kessel: “One would think selling a vacant lot would not take much effort. We soon learned that was not the case!”

Page 18

2018 Vero Beach Year End

MARKET REPORT

Inventory Levels Biggest Challenge in Vero Beach Housing Market Vero Beach mainland market had an average 5% appreciation in This caused a high appreciation of 9% in that market. Sales slowed 2018. sales increased 1.2% with 1905 homes sold. The biggest as inventory shrunk. It is anticipated this trend will continue in change occured in current inventory which rose 30% causing the 2019. Coldwell Banker Paradise is a proud member of the Schmidt days on market to rise to 4.3 months. This is still in the healthy Family of Companies, making us part of the 20th largest brokerage range for sellers but it is a real benefit to buyers by providing more in the country. Specializing in luxury and resort markets, we have selection. We anticipate 2019 to continue this trend with positive offices on the East Caost and West Coast of Florida, throughout appreciation in the 1% to 3% range. New construction costs North America, and in the Virgin Islands. If you are considering continue to rise creating advantages for the existing home market. buying or selling, call Susan Maitner your Global Luxury Certified Vero Beach Mainland Condominium market is one of the few areas Agent in Paradise find out the value of your current home, 772where the inventory has fallen and days on the market have as well. 913-0222,

Page 19

2018 End of Year Brevard Beachside

RECENTLY SOLD

www.FLColdwellBanker.com

C Pettorsson: “...I think Susan Maitner is rewriting the description of what it means to be a real estate agent, and we sure are grateful beneficiaries.”

Page 20

2018 Brevard Beachside Year End

MARKET REPORT

Outlook Positive for Brevard Housing Market The Brevard real estate market stands out as one of the

side in this type of competitive market will help you navigate.

strongest markets on the Treasure and Space Coasts. While

If you are considering buying or selling, call Susan Maitner your

the available supply of homes on the market is increasing,

Global Luxury Certified Real Estate Agent at 772-913-0222.

there is still only a 4.6 months supply. Prices rose 7% in

Coldwell Banker Paradise is a proud member of the Schmidt

2018 overall. The outlook for 2019 is for continued strong

Family of Companies, making us part of the 20th largest

sales driving up prices in the 4%-6% range. Job growth in

brokerage in the country. Specializing in luxury and resort

companies like L7/Harris Corp, etc should more than offset

markets, we have offices on the East Coast and West Coast

any layoffs at Space X. Having a savvy real estate agent at your

of Florida, throughout North America, and in the Virgin Islands.

Page 21

2018 End of Year Brevard Mainland

RECENTLY SOLD

www.FLColdwellBanker.com

L. McKee: “Thanks for the info and thinking of us. Working with you and Jack was one of the best real estate experiences we’ve ever had.”

Page 22

2018 Brevard Mainland Year End

MARKET REPORT

Outlook Positive for Brevard Housing Market New home construction has kept real estate prices for single homes in the 6% range. However supply is still tight with less than a 3 month supply. So while there is a larger selection of homes to choose from, it still is a balanced market and is not tilting towards buyers or sellers. The Brevard real estate market stands out as one of the strongest markets on the Treasure and Space Coasts. The outlook for 2019 is for continued strong sales driving up prices in the 4%-6% range. Job growth in companies like L7/Harris Corp, etc

should more than offset any layoffs at Space X. Having a savvy real estate agent at your side in this type of competitive market will help you navigate. If you are considering buying or selling, call Susan Maitner, your Global Luxury Certified RealtorÂŽ at 772913-0222. Coldwell Banker Paradise is a proud member of the Schmidt Family of Companies, making us part of the 20th largest brokerage in the country. Specializing in luxury and resort markets, we have offices on the East Coast and West Coast of Florida, throughout North America, and in the Virgin Islands.

Page 23

WHER E EXCELLENCE LI VES PA R A D I S E

Listed and Sold by Susan

FLEMING GRANT, MICCO 32976 SOLD for $650,000 Go back in time to find this type of riverfront acreage. Twenty acres on the sebastian river, truly old florida waterfront.

Zoned residential.

SUSAN MAITNER - GLOBAL LUXURY CERTIFIED AGENT - 772-913-0222 - smaitner@bellsouth.net