Real Estate Sales Graphs Update for Vero Beach, Florida - Inventory Decrease

By
Real Estate Agent with Coldwell Banker Ed Schlitt

We have just published our monthly real estate sales update for Vero Beach Florida and North Hutchinson Island.  Buyers are watching and waiting for prices to come down to be outstanding market values. Many sellers are reducing prices and accepting offers that represent outstanding buyer opportunities. As a result, overall inventory of currently available homes for sale is beginning to decrease. The Treasure Coast has been adding jobs to the local economy, so we may recover sooner than other areas of Florida.  Sales this month ranged from under $50,000 for a one bedroom mainland condominium unit to over $7,000,000.  This range is typical for Vero Beach, a small town with homes in all price ranges.  Other homes are currently available from under $50,000 to over $30,000,000.  Visit our website for the complete story and sales graphs for various market segments .   Click on "Local Real Estate Update" at www.MyVeroBeachRealEstate.com

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