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 July 2020/2019. The Residential closed sales of single-family detached homes totaled 337 units for July 2020. This compares to a total of 319 units in July 2019. The median price of single-family detached homes sold by members of the REALTORS® Association of Indian River County MLS for July 2020 was $257,221. This compares to a median price of $250,000 for July 2019. Current active inventory of residential single-family detached homes total 1,073 for July 2020. This compares to the active inventory of 1,405 for July 2019.
The Residential closed sales of condominium homes totaled 77 units for July 2020. This compares to a total of 80 units in July 2019. The median price of condominium homes sold by members of the REALTORS® Association of Indian River County MLS for July 2020 was $210,000. This compares to a median price of $154,250 for July 2019. Current active inventory of condominium homes total 494 for July 2020. This compares to the active inventory of 443 for July 2019.
Note to File: Due to COVID-19 – Safer at Home Order (Phase 2) was Issued by Governor DeSantis July 5, 2020
Report Prepared on August 20, 2020
