Cash Sales
Pct . of Closed Sales Paid in Cash
Monthly Market Detail - June 2024 Single-Family Homes Indian River County
Cash Sales
The number of Closed Sales during the month in which buyers exclusively paid in cash
Economists ' note : Cash Sales can be a useful indicator of the extent to which investors are participating in the market . Why ? Investors are far more likely to have the funds to purchase a home available up front , whereas the typical homebuyer requires a mortgage or some other form of financing . There are , of course , many possible exceptions , so this statistic should be interpreted with care .
Month |
Cash Sales |
Percent Change
Year-over-Year
|
Year-to-Date |
647 |
-2.6% |
June 2024 |
104 |
-23.0% |
May 2024 |
124 |
-8.8% |
April 2024 |
143 |
28.8 % |
March 2024 |
121 |
9.0 % |
February 2024 |
87 |
-13.0% |
January 2024 |
68 |
-4.2% |
December 2023 |
84 |
7.7 % |
November 2023 |
74 |
-11.9% |
October 2023 |
77 |
-18.9% |
September 2023 |
99 |
1.0 % |
August 2023 |
78 |
-36.6% |
July 2023 |
100 |
-2.0% |
June 2023 |
135 |
0.7 % |
200
2020 2021 2022 2023
150
100
50
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
Cash Sales as a Percentage of Closed Sales
The percentage of Closed Sales during the month which were Cash Sales
Economists ' note : This statistic is simply another way of viewing Cash Sales . The remaining percentages of Closed Sales ( i . e . those not paid fully in cash ) each month involved some sort of financing , such as mortgages , owner / seller financing , assumed loans , etc .
Month |
Percent of Closed
Sales Paid in Cash
|
Percent Change
Year-over-Year
|
Year-to-Date |
47.5 % |
0.6 % |
June 2024 |
44.6 % |
-6.9% |
May 2024 |
42.3 % |
-2.8% |
April 2024 |
51.3 % |
3.4 % |
March 2024 |
52.4 % |
21.3 % |
February 2024 |
50.9 % |
-7.3% |
January 2024 |
43.6 % |
-8.6% |
December 2023 |
46.4 % |
8.9 % |
November 2023 |
50.3 % |
11.3 % |
October 2023 |
44.0 % |
-4.1% |
September 2023 |
44.2 % |
-6.6% |
August 2023 |
38.4 % |
-13.1% |
July 2023 |
45.7 % |
14.3 % |
June 2023 |
47.9 % |
2.6 % |
60 % 50 % 40 % 30 % 20 % 10 % 0 %
2020 2021 2022 2023
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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 .