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 May 2021/2020. The Residential closed sales of single-family detached homes totaled 363 units for May 2021. This compares to a total of 224 units in May 2020. The median price of single-family detached homes sold by members of the REALTORS® Association of Indian River County MLS for May 2021 was $340,000. This compares to a median price of $267,500 for May 2020. Current active inventory of residential single-family detached homes total 431 for May 2021. This compares to the active inventory of 1,468 for May 2020.
The Residential closed sales of condominium homes totaled 128 units for May 2021. This compares to a total of 45 units in May 2020. The median price of condominium homes sold by members of the REALTORS® Association of Indian River County MLS for May 2021 was $218,500. This compares to a median price of $156,900 for May 2020. Current active inventory of condominium homes total 170 for May 2021. This compares to the active inventory of 565 for May 2020.
Report Prepared on June 24, 2021