Sebastian River 2014 Year End Real Estate Market Report

2014 Sebastian River Area Year End Real Estate

MARKET REPORT

18 VIP VACATION ISLAND PLAYGROUND Grant/Valkaria Offered at $329,000

VERO BEACH ISLAND PREVIEWS SEBASTIAN N. HUTCHINSON 1950 US Hwy. 1 772.778.2029

4625 Hwy. A1A 772.231.4880

1209 US Hwy. 1 772.589.7777

4007 N. Hwy. A1A 772.464.7007

2014 Sebastian River Area Year End Real Estate Report Whether you’re thinking about buying a home, selling your home, or you’re just curious about your home’s value, it’s important to know about trends in the real estate market that could impact your home’s value and your financial security. Unfortunately, information about price appreciation and sales activity that is published by traditional media forums is very general and may not be consistent with what’s happening in your neighborhood or price point. Information contained in this report is designed to give you greater insight into trends that are occurring in your neighborhood, by price point.

In general, 2014 proved to be another good year for single-family real estate activity. Overall, sales were up and the supply of homes available to choose from is down. It’s interesting to note that there was very little price appreciation in single-family homes sold under $500,000. We expect sales to remain strong, leading to an even healthier market in 2015 and an increase in home values. This should lead to an even healthier market in 2015 and an increase in home values.

Call us today for information about the value of your home in today’s market. Please contact us directly at our Vero Beach US 1 office 772-778-2029, our Island Previews office 772-231-4880, our Sebastian office 772589-7777 or our North Hutchinson office 772-464-7007. All discussions are strictly confidential.

If you would like to continue getting our quarterly updates, just let us know. Email us at Schlitt@ ColdwellBanker.com. We will make sure that a copy is delivered to you quarterly.

All the best, Linda Schlitt Gonzalez and Steven Schlitt, Owners

SEBASTIAN RIVER AREA SINGLE FAMILY HOMES YEAR END 2014 COMPARISON TO YEAR END 2013 Price Point Under $100,000

$100,001 to $250,000

$250,001 to $500,000

Over $500,001

Total

Year

Homes Sold

Current Listings

Month’s Supply

Average Price

2014

181

22

1.5

$73,189

2013

275

55

2.4

$72,508

Change

-34%

-60%

-38%

+1%

2014

512

156

3.7

$156,288

2013

400

213

6.4

$150,951

Change

+28%

-27%

-42%

+4%

2014

43

40

11.2

$311,882

2013

33

39

14.2

$329,781

Change

+30%

+3%

-21%

-5%

2014

6

18

36

$847,500

2013

6

18

36

$674,100

Change

0%

0%

0%

-26%

2014

742

236

3.8

$150,623

2013

714

325

5.5

$133,400

Change

+4%

-27%

-31%

+13%

#1 in Properties Listed & Sold*

1,800

re

ny pa

by

Co

m

he

rri

s&

ot as

Co

rW lle Tr

Tr o

ea

su

Ke

No

tS

am illi

tia en ud Pr

s

lty ea

te lS

un fS yo

alt pic

al

Re

sR

rli

tre

e

ng

y alt Re ng

illi ac

ex

M

La

W

Bi & Al

ro lle

Pr

ud

en

tia

Bi

lS

am

ro lle

sta ea

rR ta

Ba ell ldw

Co

lE

NR er nk

n ow Cr

AX

T

y alt Re

iec te

rp

El AX /M Re

/M

Re

Da

le

So

re

ns

ite

on

200

AX

400

/M

600

Re

800

as

1,000

M

1,200

e

Coldwell Banker Paradise REALTORS

1,400

te

For over 25 years we have listed and sold more properties than any other brokerage in Indian River, St. Lucie and Brevard Counties

1,600

*Based on number of homes listed and sold as reported by the MLS systems as taken from Terradatum in Indian River, St. Lucie and Brevard Counties from January 1 - December 31, 2013

EXCLUSIVELY PRESENTING:

$659,000

$375,000

$350,000

6636 110 Place

1523 Eagles Circle

7240 US Highway 1

$297,000

$239,900

$210,000

771 Easy Street

789 Collier Creek Drive

1050 Phelps Street

FLORAVON SHORES • SEBASTIAN

COLLIER CREEK • SEBASTIAN

FISCHER LAKE ISLAND • SEBASTIAN

COLLIER CLUB • SEBASTIAN

GRANT/VALKARIA

SEBASTIAN HIGHLANDS • SEBASTIAN

WE INVITE YOU TO VIEW OUR ENTIRE COLLECTION AT:

FLColdwellBanker.com

PRSRT SSTD ECRWSS U.S. POSTAGE PAID EDDMRETAIL

A SELECTION OF RECENT SOLDS: S O LD IN 2 7 DAYS !

Asking Price $860,000

VERO BEACH ISLAND • GRAND HARBOR

SOLD for $825,000 Asking Price $283,995

COLLIER CREEK • SEBASTIAN

1085 Harbor Island Lane

713 Easy Street

S O LD IN 2 7 DAYS !

Asking Price $279,900

SOLD for $268,000

COLLIER CLUB • SEBASTIAN

684 Brushfoot Drive

C

SO LD IN 11 DAYS !

Asking Price $179,500 SOLD for $165,000 Asking Price $175,000 REFLECTIONS ON THE RIVER • SEBASTIAN

6240 Mirror Lake Drive

662 Jenkins Street

For over 60 years our family-owned and operated company has assembled a highly trained and professional sales organization. We have specialists in residential and commercial sales, leasing services for both, as well as a property management division.

Whether you are considering buying, selling, leasing or professional management of your property, give us a call. We are open 7 days a week for your convenience.

VERO BEACH ISLAND PREVIEWS 772.231.4880

SEBASTIAN 772.589.7777

SOLD for $177,000

SEBASTIAN HIGHLANDS • SEBASTIAN

oldwell Banker Paradise is the largest real estate brokerage firm in the area, with 9 offices serving St. Lucie, Indian River and Brevard Counties. We are commited to providing the highest level of real estate services to our clients.

772.778.2029

SOLD for $260,000

N. HUTCHINSON 772.464.7007