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 March 2023/2022. The Residential closed sales of single-family detached homes totaled 257 units for March 2023. This compares to a total of 338 units in March 2022. The median price of single-family detached homes sold by members of the REALTORS® Association of Indian River County MLS for March 2023 was $395,000. This compares to a median price of $375,000 for March 2022. Current active inventory of residential single-family detached homes total 841 for March 2023. This compares to the active inventory of 336 for March 2022.
The Residential closed sales of condominium homes totaled 96 units for March 2023. This compares to a total of 89 units in March 2022. The median price of condominium homes sold by members of the REALTORS® Association of Indian River County MLS for March 2023 was $309,000. This compares to a median price of $228,000 for March 2022. Current active inventory of condominium homes total 375 for March 2023. This compares to the active inventory of 106 for March 2022.
Report Prepared on April 21, 2023
