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Renters find a Realtor®, Firm,Property Call: 772.567.3510 or Fax: 772.778.6490 |
Home Sweet Home
"A small town with a cozy atmosphere and big-city amenities." That's how the REALTORS® Association of Indian River County, describes Vero Beach. There is something for every buyer's taste and budget apartments in a retirement condominium, a three-bedroom, two-bathroom, two-car garage home at $75,000, a five-acre mini-estate with horse barn and stocked fishpond in the $150,000 range or an oceanfront estate in a gated community.
Typically, about 1,250 single-family houses are listed in the Multiple Listing System (MLS). The average sales price is around $137,500. This figure is heavily affected by the sale of homes on the barrier island (the strip of land between the Intracoastal Waterway and the Atlantic Ocean). One-third of all listings and one-fifth of all sales come from the barrier island, where the average sale price is about $350,000.
Most condominiums are located on the barrier island. They constitute about half of the market here. Average price is about $175,000 in a range that runs from $40,000 for a small efficiency unit to $1 million for a spacious, three-bedroom condominium home located on the ocean and within a gated community.
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