Oct 10 2009
Vero Beach 5 Year Home Sales Graph October 2009
Countywide home sales continued to increase. This was the highest number of sales in September in the last 4 years. Time on the market continued to decline, which is good, but prices also continued to drop. However, we are seeing fewer very low priced homes selling. The median sale price was near $130,000 (see separate chart). On the MAINLAND, there were 132 sales ranging from only 7 sales under $50,000 to 2 homes over $700,000 in Grand Harbor and Hobart Landing. Many of the sales are triggered by the $8,000 tax credit, which will expire at the end of November and the Rural Development Loans which allow qualified buyers 0% down payment.
Vero Beach FL Home Sales 5 Year Graph October 2009