Vero Beach Real Estate Market Update – October 2025

As we close out the final quarter of 2025, the Vero Beach and Indian River County real estate market is sending clear signals: buyer activity is up, inventory remains balanced, and pricing is showing resilience with some interesting segment-specific shifts.

Here’s what the latest statistics from the REALTORS® Association of Indian River County MLS (in conjunction with Florida REALTORS®) tell us for October 2025 compared to October 2024:

Single-Family Detached Homes

• Closed Sales: 215 homes (↑ 9.1% from 197 in Oct 2024)
• Median Sales Price: $379,900 (↓ 7.8% from $412,000)
• Active Inventory: 1,185 homes (slightly ↑ from 1,152)

Condominiums & Townhomes

• Closed Sales: 73 units (↑ 14.1% from 64 in Oct 2024)
• Median Sales Price: $274,000 (↑ 5.4% from $260,000)
• Active Inventory: 674 units (slightly ↑ from 663)

What This Means for Buyers and Sellers Right Now

1. More Homes Are Trading Year-over-year closed sales are up in both single-family (+9%) and condo (+14%) categories. This tells us that buyers who sat on the sidelines during the higher-rate environment of 2023–2024 are now actively re-engaging. Mortgage rates stabilizing in the mid-6% range have restored confidence.
2. Single-Family Median Price Softening – A Window of Opportunity The drop in median price for single-family homes to $379,900 reflects a healthy mix of move-up buyers absorbing slightly higher inventory in the $400K–$800K range, combined with strong activity in new construction communities on the mainland. For luxury buyers, this creates favorable negotiating leverage on resale properties, especially oceanfront or riverfront estates that lingered during the peak-rate months.
3. Condominiums Are the Surprise Performer Condo sales volume jumped 14% and median price rose over 5%. Ocean-to-river buildings and active-lifestyle communities (The Moorings, Grand Harbor, Sea Oaks, etc.) continue to see multiple-offer scenarios under $500K, while the $1M+ oceanfront condo segment remains extremely tight on supply.
4. Inventory Still Favors Sellers in the Luxury Tier While overall active listings ticked up modestly, true luxury properties (north of $2M) remain scarce. Well-priced, turnkey oceanfront estates and deep-water riverfront homes continue to sell in 30–60 days or less when marketed globally—exactly where Coldwell Banker Global Luxury excels.

Looking Ahead to 2026

With seasonal residents returning and international interest picking up (especially from Canadian and European buyers taking advantage of favorable exchange rates), I expect the positive velocity we’re seeing now to carry into the prime winter selling season.

Sellers: If you’ve been waiting for the “right time,” the combination of rising closed volume and still-low luxury inventory makes late 2025/early 2026 ideal—especially for properties priced $1.5M and above.

Buyers: The current pricing adjustment in the single-family segment, paired with condo appreciation, creates strategic buying opportunities before the traditional January surge.

Ready for a confidential conversation about your plans? Whether you’re considering listing your Vero Beach home or searching for the perfect oceanfront retreat, let’s connect at 772-713-9455 or download my App from the Apple App Store Vero Premier Properties.

Click for information about Vero Beach area real estate https://floridaeastcoastluxuryhomes.com/.