The official quarterly summary
Florida REALTORS reported 725 closed single-family sales in the Sebastian-Vero Beach MSA during Q1 2026, up 15.1% from Q1 2025. The single-family median sale price was $427,500, up 6.9%. For townhouses and condos, the association reported 263 closed sales, up 49.4%, and a $275,000 median sale price, down 2.7%.
This is a quarterly closed-sales report, not a current-month listing snapshot. The geography is the full MSA, which the report identifies as Indian River County. It must not be narrowed to Vero Beach city, Indian River Shores, the barrier island, or a waterfront segment.
| Property class | Closed sales | YoY sales change | Median sale price | YoY price change |
|---|---|---|---|---|
| Single-family homes | 725 | +15.1% | $427,500 | +6.9% |
| Townhouses and condos | 263 | +49.4% | $275,000 | -2.7% |
Sales volume and median price moved differently by property class
Both categories recorded more closings than in Q1 2025, but their price medians moved in opposite directions. Single-family sales and the single-family median both increased. Townhouse and condo sales increased much faster, while that category's median price declined.
That pattern does not prove stronger or weaker demand for any specific building, community, or price tier. A change in the mix of homes closing can move a median. The report does not provide unit-level records in this summary, so the cause of the divergence is not established.
A useful composition calculation
The two published categories total 988 closings for Q1 2026. Single-family homes account for 73.4% of that two-category total and townhouses/condos account for 26.6%. Those shares are calculated from the reported counts: 725 divided by 988 and 263 divided by 988.
The category medians cannot be averaged to create an overall MSA median. A valid combined median requires the underlying transaction distribution, which is not provided on the one-page summary.
- 725 + 263 = 988 reported closings across the two categories.
- 725 / 988 = 73.4% single-family share.
- 263 / 988 = 26.6% townhouse/condo share.
How to use the report
For a buyer or seller, the report establishes broad quarterly context: activity increased in both major residential categories, while median-price direction differed. The next step is to narrow by property class, location, condition, association, and relevant comparable sales.
Because Q1 ended months before this report was prepared, it should be paired with more recent public listing and transaction indicators, with each period left clearly labeled.
Read before using the numbers
Scope and limitations
- The period is Q1 2026. These figures do not describe September 2026 or a current month.
- The MSA is broad Indian River County context, not barrier-island-only, Vero Beach-city-only, Indian River Shores, luxury, or waterfront evidence.
- The published summary does not provide transaction-level sample rows, price tiers, or causal explanations.
- The two category medians cannot be combined by simple averaging.
Sources
- Florida REALTORS: Florida Residential Market Sales Activity, Q1 2026 (September 29, 2026). One-page statewide-by-MSA closed-sales and median-price summary.
Analysis by The Daley Group using the public provider figures above. The underlying data belongs to the cited providers. This is market context, not an appraisal, forecast, or representation about a particular property.