FHP looking into deadly July 24 Gifford collision
Four years since the tragic collapse of Champlain Towers South, the impact is still felt in the Florida condo market. Condominium sales and prices are down in various communities, with the median sold price in Vero showing a 15 percent decline in the first half of 2025. However, one bright spot is The Moorings community, where prices have relatively held steady despite a decrease in sales. Marsha Sherry, a broker at The Moorings, attributes this stability to the community's appeal and the country club lifestyle it offers. While new state requirements have led to increased condo carrying costs, Sherry believes the market is gradually finding a balance between softer prices and buyer cautiousness, making it an opportune time to purchase a condo in Vero Beach.
Leave a Comment
Popular News
Recent News
Weather
54%
6 MPH
-
25° Aug. 2, 2025 -
31° Aug. 2, 2025
