Vero Beach, FL Real Estate Market Update Fall 2013

Thanks for joining me today! I wanted to give you a quick update on what’s going on in today’s market before season starts.

As you know, season is one of our busiest times of the year. It’s hard to imagine our market getting any busier than it is now.

Our team has 22 homes under contract at the moment. Being busy, though, is a good problem to have.

Soon we will have people from all over coming to enjoy our beaches and escape the cold. If you’re thinking about buying and selling, now is the perfect time. Prices and interest rates are reasonable.

I get asked a lot whether we are in a buyers or sellers market. The truth is we are in neither; our market is balanced.

There are 1,599 current properties listed. Last month 287 homes were sold and closed. That means we have about 5.5 months of inventory.  Prices are at an equilibrium and neither buyers nor sellers have an advantage.

If you are thinking about buying or selling give us a call. We would love to help you and we deliver what we promise!

Thanks for watching!