Indian River County Market Report Indian River County Market Report | Page 3

Cash Sales
Pct . of Closed Sales Paid in Cash
Monthly Market Detail - April 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
419
6.6 %
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 %
May 2023
136
3.8 %
April 2023
111
-15.3%
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

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
50.1 %
3.5 %
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 %
May 2023
43.5 %
-8.4%
April 2023
49.6 %
15.3 %
60 % 50 % 40 % 30 % 20 % 10 % 0 %
2020 2021 2022 2023
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
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 Wednesday , May 22 , 2024 . Next data release is Friday , June 21 , 2024 .