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 yearly comparison 2022/2021.
The Residential closed sales of single-family detached homes totaled 2,961 units for 2022. This compares to a total of 3,903 units in 2021. The median price of single-family detached homes sold by members of the REALTORS® Association of Indian River County MLS for 2022 was $375,000. This compares to a median price of $325,000 for 2021. Current active inventory of residential single-family detached homes totals 822 for December 2022. This compares to the active inventory of 331 for December 2021.
The Residential closed sales of condominium homes totaled 846 units for 2022. This compares to a total of 1,235 units in 2021. The median price of condominium homes sold by members of the REALTORS® Association of Indian River County MLS for 2022 was $235,000. This compares to a median price of $194,950 for 2021. Current active inventory of condominium homes totals 260 for December 2022. This compares to the active inventory of 107 for December 2021.
Report Prepared on January 23, 2023
