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 August 2022/2021. The Residential closed sales of single-family detached homes totaled 278 units for August 2022. This compares to a total of 309 units in August 2021. The median price of single-family detached homes sold by members of the REALTORS® Association of Indian River County MLS for August 2022 was $379,000. This compares to a median price of $345,000 for August 2021. Current active inventory of residential single-family detached homes total 758 for August 2022. This compares to the active inventory of 420 for August 2021.
The Residential closed sales of condominium homes totaled 71 units for August 2022. This compares to a total of 77 units in August 2021. The median price of condominium homes sold by members of the REALTORS® Association of Indian River County MLS for August 2022 was $225,000. This compares to a median price of $210,000 for August 2021. Current active inventory of condominium homes total 185 for August 2022. This compares to the active inventory of 123 for August 2021.
Report Prepared on September 19, 2022
