Oct 10 2009
Vero Beach FL Median Home Price 5 Year Graph October 2009
Countywide the median home price was $129,000. This is the 3rd consecutive month we have seen a decline since a high for this year close to $160,000. Of the 142 home sales, there were 20 short sales (14%) and 35 were foreclosed homes (24%). In the last 21 months, the median price has dropped 34%. This number does not reflect an overall drop in prices this dramatic but rather a preponderance of sales in lower price ranges.
Vero Beach Median 5 Year Home Prices Graph October 2009