Closed Sales
Monthly
Market Detail - June 2024 Single-Family Homes Indian River County
Summary Statistics |
June 2024 |
June 2023 |
Percent Change Year-over-Year |
Closed Sales Paid in Cash
233 282 -17.4 % 104 135 -23.0 %
Median Sale Price $ 419,500
$ 415,000 1.1 %
Average Sale Price Dollar Volume
$ 646,111 $ 700,468 -7.8 % $ 150.5 Million $ 197.5 Million -23.8 %
Median Percent of Original List Price Received
96.3 % 95.3 % 1.0 %
Median Time to Contract 43 Days 44 Days -2.3 %
Median Time to Sale |
86 Days |
91 Days |
-5.5 % |
New Pending Sales New Listings
248 290
249 -0.4 %
259 12.0 %
Pending Inventory 361 Inventory ( Active Listings ) 1,140 Months Supply of Inventory 5.4
395 -8.6 % 685 66.4 % 3.0 80.0 %
Closed Sales
The number of sales transactions which closed during the month
Economists ' note : Closed Sales are one of the simplest — yet most important — indicators for the residential real estate market . When comparing Closed Sales across markets of different sizes , we recommend comparing the percent changes in sales rather than the number of sales . Closed Sales ( and many other market metrics ) are affected by seasonal cycles , so actual trends are more accurately represented by year-over-year changes ( i . e . comparing a month ' s sales to the amount of sales in the same month in the previous year ), rather than changes from one month to the next .
Month |
Closed Sales |
Percent Change
Year-over-Year
|
Year-to-Date |
1,363 |
-3.1% |
June 2024 |
233 |
-17.4% |
May 2024 |
293 |
-6.4% |
April 2024 |
279 |
24.6 % |
March 2024 |
231 |
-10.1% |
February 2024 |
171 |
-6.0% |
January 2024 |
156 |
4.7 % |
December 2023 |
181 |
-1.1% |
November 2023 |
147 |
-21.0% |
October 2023 |
175 |
-15.5% |
September 2023 |
224 |
8.2 % |
August 2023 |
203 |
-27.0% |
July 2023 |
219 |
-14.1% |
June 2023 |
282 |
-1.7% |
500
2020 2021 2022 2023
400
300
200 100
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J
Produced by Florida Realtors ® with data provided by Florida ' s multiple listing services . Statistics for each month compiled from MLS feeds on the 15th day of the following month . Data released on Tuesday , July 23 , 2024 . Next data release is Thursday , August 22 , 2024 .