• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Steve Rennick-HOME-TEAM-Homes For Sale Vero Beach

Real Estate - Vero Beach

Buy or Sell with Steve Rennick

  • HOME
  • ABOUT
  • THE TEAM
  • BLOG
  • CONTACT US

772 473 4855

  • HOME BUYERS
  • HOME SELLERS

Treasure Coast sees home sales climb in June.

August 4, 2015 by Vero Realtor

Residential vero beach real estate, home prices surging, Indian River County real estate market, Realtors Association of Indian River County

HOUSING SALES

Sales by Realtors in June of existing single-family homes and condos/townhomes. Data provided by Florida Realtors and the Realtor associations of the three Treasure Coast counties.

Indian River

  • Single-family homes sold: 374
  • % change from last month: +17.6
  • % change from last year: +1.4
  • Median price: $190,000
  • % change from last month: -12.8
  • % change from last year: +17.3
  • Inventory: 1,412
  • % change from last year: -20.8
  • Condos/townhomes sold: 101
  • % change from last month: 0
  • % change from last year: +0.1
  • Median price: $130,000
  • % change from last month:+8.3
  • % change from last year: -4.8
  • Inventory: 327
  • % change from last year: -56.3

Martin

  • Single-family homes sold: 322
  • % change from last month: +20.6
  • % change from last year: +28.8
  • Median price: $298,000
  • % change from last month: +5.7
  • % change from last year: -5.4
  • Inventory: 1,038
  • % change from last year: -25.4
  • Condos/townhomes sold: 132
  • % change from last month: +7.3
  • % change from last year: +36.1
  • Median price: $132,238
  • % change from last month: -4.2
  • % change from last year: +14.5
  • Inventory: 402
  • % change from last year: -28.0

St. Lucie

  • Single-family homes sold: 501
  • % change from last month: +4.8
  • % change from last year: -7.9
  • Median price: $160,000
  • % change from last month: +3.6
  • % change from last year: +18.6
  • Inventory: 1,572
  • % change from last year: -20.4
  • Condos/townhomes sold: 112
  • % change from last month: +2.8
  • % change from last year: 0
  • Median price: $159,500
  • % change from last month: +1.0
  • % change from last year: +17.5
  • Inventory: 578
  • % change from last year: -23.5

State

  • Single-family homes sold: 27,729
  • % change from last month: +11.9
  • % change from last year: +19.6
  • Median price: $203,500
  • % change from last month: +1.8
  • % change from last year: +5.0
  • Inventory: 101,621
  • % change from last year: -5.9
  • Condos/townhomes sold: 10,991
  • % change from last month: +4.2
  • % change from last year: +14.6
  • Median price: $152,076
  • % change from last month: -4.4
  • % change from last year: +7.9
  • Inventory: 51,778
  • % change from last year: -1.8

What it shows: As the number of existing single-family homes on the Treasure Coast market continues to dwindle, sales in June were up 12.6 percent from a sluggish May and up almost 3 percent from the previous June. Martin County sales were especially strong, up almost 29 percent from a year ago, though the median price dipped slightly. Statewide sales of existing homes were up almost 20 percent, but the decline in inventory is only about 6 percent from a year ago, compared with almost 22 percent on the Treasure Coast. .

What experts say: “It’s a fast-paced market” said Dennis Fadden, president of the Realtor Association of Martin County. “I just listed a three-bedroom house for under $150,000 and the phone has been ringing off the hook.”

Steve Rennick, president-elect of the Realtors Association of Indian River County, said, “There is a supply shortage I haven’t seen in many years.” The combination of a 17.3 percent increase in the median home price from a year ago is encouraging, and the 20.8 percent decrease in inventory “is another sign of a stronger seller’s market emerging more and more,” Rennick said.

Kathy J. Slusser, northern vice president of the Realtors Association of the Palm Beaches, said, “Days on market dropped dramatically to 35 days, and closed sales between $250,000 and $299,000 saw an 85 percent increase, according to year-over-year statistics for June.”

Copyright 2015 Journal Media Group. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

SteveRennick Realtor- Vero Beach Homes for Sale

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to email a link to a friend (Opens in new window)
  • Click to print (Opens in new window)
  • More
  • Click to share on Pocket (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Reddit (Opens in new window)

Related

Filed Under: Auctions, Commercial, Exterior Design, For Home Buyers, For Home Sellers, For Renters, Foreclosures, Ft. Pierce, Home Repair, Industrial, Interior Design, News & Events, Real Estate, Real Estate News & Advice, Real Estate Vero Beach, REO, Residential, Reviews, Sebastian, Short Sales, Steve's Listings, Vero Beach, Vero Beach Real Estate For Sale

Primary Sidebar

Follow Us

  • Facebook
  • LinkedIn
  • Pinterest
  • Twitter

BLOG TOPICS

  • For Home Sellers
  • For Home Buyers
  • For Renters
  • Sebastian
  • Vero Beach
  • Ft. Pierce
  • News & Events
  • Interior Design
  • Exterior Design
  • Reviews
  • Residential
  • Commercial
  • Industrial
  • Auctions
  • Foreclosures
  • Short Sales

Footer

Follow Us

  • Facebook
  • LinkedIn
  • Pinterest
  • Twitter
  • RSS Feed
Reviews on Zillow

803933

“Steve was great!!! The only mistake I made with Steve was that I did not listen to him initially and wasted 2 months looking at a bunch of other … more “
5.0/5.0
by zuser20140527191924771

1046238

“Steve was such a great sport with us. We had a lot of ideas, and houses we wanted to see. He told us how to narrow down the search, to weed out what … more “
5.0/5.0
by derek383

equal-housing-opportunity

Steve Rennick - Steve Rennick Team- Real Estate Broker

Steve Rennick-HOME-TEAM-Homes For Sale Vero Beach

15 Royal Palm Pointe,
Vero Beach, Florida 32960
Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Terms of service, ADA, DMCA & Cookie Policy
  • Home Sellers
  • Home Buyers
  • ADA Accessibility
  • DMCA
  • Terms of Service
  • Privacy

Copyright © 2023 · Steve Rennick, Realtor · Responsive Website by Social Cindy · Log in

 

Loading Comments...