Greetings!
Our forecast in the Treasure Coast area is bright and sunny --with residential and commercial sales continuing at a brisk pace. Sales are continuing despite residential and commercial mortgage rates spiking. Residential rates are between 6.87 and 7.0% right now.
National sales data has told us that prices increased by 75% over the last 5 years in Florida, so from roughly 2018 to 2022 that rising market occurred. We are now seeing a leveling of pricing, but sales are continuing. Rental rates have continued to rise, and that too might be driving the market of home buyers and building purchasers. In some cases it is more affordable to pay a mortgage than rent.
All in all -- it is a fantastic time to invest in the Indian River, St Lucie, Martin or Brevard county areas ---which comprise the Treasure Coast market. There is a wide array of home styles and pricing and so many natural amenities --which make living and working here --spectacular!
We are wishing you and your family a lucky and blessed rest of this wonderful March market.
Thank you for continuing to support us. We sincerely appreciate your referrals to our hard working team of professional Realtors.
If we can be of service to you or anyone you know, please contact us. We love what we do and look forward to serving you and your friends and family.
Sincerely,
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Carolyn Mac Evoy
REALTOR® Licensed Real Estate Broker
Mac Evoy Real Estate Co. &
Sebastian Realty Co.
844-Mac-Evoy (622-3869) Ext. 1
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NEW LISTING!
439 11th Square SW Vero Beach, FL 32962
MLS# RX-10869003
2 beds | 2 baths | 1825 sq. ft.
PRICE $549,000
Immaculate 2016 3/2 split BR plan ranch in gated Serenoa with community pool and gym in clubhouse. Enjoy a newer home in newer gated community --with low HOA dues. Gourmet kitchen w/upgraded counters and gourmet appliance pkg, large master suite, volume ceilings, great LR area, details: plantation shutters, tiled floors, 2 car garage, w/electric car charger outlet, sprinkler sys w/well, hybrid hot water heater, Great layout. Beautifully landscaped, with side yard space (common area) for this home. Read more
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NEW LISTING!
6175 S. Mirror Lake Drive #307, Sebastian
MLS# RX-10861277
2 bedrooms | 2 baths | 1199 sq. ft.
PRICE $199,000
This condo is located in gated Reflections on the River, a waterfront complex, offering shared dock space, kayak storage, resort style pool, and clubhouse, is on the 3rd floor of this elevator building. Read more
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NEW LISTING!
86 Crooked Tree Lane, #102 Vero Beach, FL 32962
MLS# RX-10868119
2 beds | 2.1 baths | 1000 sq. ft.
PRICE $165,000
Sought after first floor unit with amazing view of pond! Relax and unwind in tiled porch, and enjoy a spacious LR, DR and updated granite counter kitchen w/newer appliances. Both baths redone and newer carpet in bedrooms. Basic Cable included in dues. Read more
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NEW LISTING!
43 Woodland Drive #202 Vero Beach, Florida 32962
PRICE $177,000
Fully renovated and updated, 2BR, 2BA corner unit. Air-conditioned porch overlooks green space with golf course and lake views. Active 55+ community with 4 pools and clubhouse.
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FOR RENT!
10032 W Villa Circle, Vero Beach, FL 32966
MLS# RX-10872614
3 beds | 2.1 baths | 1700 sq. ft.
RENT $2300 PER MONTH
Just like new, this 2-year-old 3BR, 2.5BA townhome features tiled living area --front office/living room, plus family room off kitchen with view of pond. Gourmet kitchen with center island --upgraded to stone counters and wood cabinetry, with pantry. Attached one car garage plus bonus storage area. The community center is less than 2 yrs. old w/newer gym, pool, & tennis. Read more
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SALE PENDING!
409 Avocado Drive Barefoot Bay, Florida 32976
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SALE PENDING!
8905 S Us Highway 1, Sebastian, FL 32958
Building & Turnkey Confectionary/Ice Cream Business
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JUST SOLD!
1699 Coral Reef Street Sebastian, Florida 32958
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JUST SOLD!
6511 N. Foxdale Drive Citrus Springs, Florida 34434
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JUST SOLD!
490 Caravan Terrace Sebastian, Florida 32958
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Statistics developed by the REALTORS® Association of Indian River County through its Multiple Listing Service and in conjunction with Florida REALTORS® reflect the following for January 2023/2022.
The Residential closed sales of single-family detached homes totaled 149 units for January 2023. This compares to a total of 225 units in January 2022. The median price of single-family detached homes sold by members of the REALTORS® Association of Indian River County MLS for January 2023 was $385,000. This compares to a median price of $355,500 for January 2022. Current active inventory of residential single-family detached homes totals 841 for January 2023. This compares to the active inventory of 358 for January 2022.
The Residential closed sales of condominium homes totaled 51 units for January 2023. This compares to a total of 65 units in January 2022. The median price of condominium homes sold by members of the REALTORS® Association of Indian River County MLS for January 2023 was $275,000. This compares to a median price of $235,000 for January 2022. Current active inventory of condominium homes total 340 for January 2023. This compares to the active inventory of 82 for January 2022. Report Prepared on February 20, 2023.
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Treasure Coast Real Estate News
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Where People Moved in 2022
Although the population continues to increase, fewer Americans decided to move in 2022. After a historically low moving rate in 2021, data indicates that even fewer Americans moved across the country last year. But this is not a new trend.
Read more
www.nar.realtor
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Local Business Networking
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Heather Douglas, Virginia "Ginger" Neal and Priscilla Warren, are at the Mac Evoy Real Estate Co. booth at Art Under the Oaks, Riverside Park, March 2023.
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12 Renovation Ideas That Will Turn Your Bathroom Into a Spa
There's something magical-if not life-changing-about going to the spa. From the moment you walk through the door, you're hit with an aroma you can't put your finger on and transported to a calm, soothing oasis. Everything, from the steam showers...
Read more
www.marthastewart.com
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36 Before-and-After Kitchen Makeovers
These before-and-after kitchen transformations will leave you speechless. See these kitchens go from dingy and dated to breathtaking beauties.
Read more
www.hgtv.com
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Biophilic Design Helps Homeowners Connect to Nature
Last year, the visual search engine Pinterest recognized "biophilic design" as a trending search term. Searches for "biophilic architecture" had risen 150%, while searches for "biophilic design bedroom" were up 100%. For real estate...
Read more
www.nar.realtor
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We're Hiring Real Estate Agents!
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Mac Evoy Real Estate is hiring licensed Real Estate Agents to service our buyers and sellers along Florida's Treasure Coast.
- Our agents receive 1-on-1 personalized coaching & mentoring
- Available positions for full time or part time agents
- *Unlimited potential for growth
- *Friendly and professional team
- *Leads provided to get you started and grow your sales
- *Great compensation package
All inquiries are confidential. Contact Carolyn Mac Evoy, Mac Evoy Real Estate Co. at 1-844-MAC-EVOY (622-3869), ext. #1 or via email at macevoy.realestate@gmail.com.
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Things To Do In Florida In March
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11 Events Happening This March in Florida That You Don't ...
March in the Sunshine State means the flowers are blooming, and spring festivals are in full swing, where you can indulge in seafood delicacies, enjoy live music, or admire local artwork on display. With events spanning the state, from Fernandina ...
Read more
www.tripstodiscover.com
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7 Surprising Facts About St. Patrick's Day
While St. Patrick's Day is now associated with wearing green, parades (when they're not canceled) and beer, the holiday is grounded in history that dates back more than 1,500 years. The earliest known celebrations were held in the 17th century on ...
Read more
www.history.com
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Mac Evoy Real Estate Co.
800 20th Place, St. Rd 60, Ste. #1
Vero Beach, FL 32960
844-Mac-Evoy (622-3869) Ext. 1
Office Hours:
Mon. - Fri. 9 AM - 5 PM
Saturday & Sunday by Appointment
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Sebastian Realty Co.
1329 US Highway 1,
Sebastian FL 32958
(772) 589-3111
Office Hours:
Mon. - Fri. 9 AM - 5 PM
Sat. 9 AM -1 PM
Sun. 9 AM -12 PM
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