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 April 2020/2019. The Residential closed sales of single-family detached homes totaled 246 units for April 2020. This compares to a total of 333 units in April 2019. The median price of single-family detached homes sold by members of the REALTORS® Association of Indian River County MLS for April 2020 was $267,000. This compares to a median price of $255,000 for April 2019. Current active inventory of residential single-family detached homes total 1,438 for April 2020. This compares to the active inventory of 1,589 for April 2019.Â
The Residential closed sales of condominium homes totaled 59 units for April 2020. This compares to a total of 98 units in April 2019. The median price of condominium homes sold by members of the REALTORS® Association of Indian River County MLS for April 2020 was $143,500. This compares to a median price of $184,250 for April 2019. Current active inventory of condominium homes total 559 for April 2020. This compares to the active inventory of 539 for April 2019.Â
Note to File: Due to COVID-19 – Safer at Home Order was Issued by Governor DeSantis April, 1, 2020Â Â
Report Prepared on May 20, 2020