Indian River County Market Report Indian River County Market Report | Page 5

Dollar Volume
Med . Pct . of Orig . List Price Received
Monthly Market Detail - April 2024 Single-Family Homes Indian River County

Dollar Volume

The sum of the sale prices for all sales which closed during the month
Economists ' note : Dollar Volume is simply the sum of all sale prices in a given time period , and can quickly be calculated by multiplying Closed Sales by Average Sale Price . It is a strong indicator of the health of the real estate industry in a market , and is of particular interest to real estate professionals , investors , analysts , and government agencies . Potential home sellers and home buyers , on the other hand , will likely be better served by paying attention to trends in the two components of Dollar Volume ( i . e . sales and prices ) individually .
Month
Dollar Volume
Percent Change
Year-over-Year
Year-to-Date
$ 554.2 Million
2.5 %
April 2024
$ 179.4 Million
41.9 %
March 2024
$ 178.3 Million
7.7 %
February 2024
$ 96.3 Million
-42.2%
January 2024
$ 100.2 Million
22.1 %
December 2023
$ 94.1 Million
-5.2%
November 2023
$ 88.0 Million
8.6 %
October 2023
$ 95.0 Million
-0.1%
September 2023
$ 107.2 Million
-9.0%
August 2023
$ 110.6 Million
-21.6%
July 2023
$ 126.2 Million
7.5 %
June 2023
$ 197.5 Million
12.8 %
May 2023
$ 197.8 Million
-2.4%
April 2023
$ 126.5 Million
-19.9%
$ 250 M
2020 2021 2022 2023
$ 200 M $ 150 M $ 100 M $ 50 M
$ 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

Median Percent of Original List Price Received

The median of the sale price ( as a percentage of the original list price ) across all properties selling during the month
Economists ' note : The Median Percent of Original List Price Received is useful as an indicator of market recovery , since it typically rises as buyers realize that the market may be moving away from them and they need to match the selling price ( or better it ) in order to get a contract on the house . This is usually the last measure to indicate a market has shifted from down to up , so it is what we would call a lagging indicator .
Month
Med . Pct . of Orig . List Price Received
Percent Change Year-over-Year
Year-to-Date
95.7 %
-0.3%
April 2024
95.2 %
-1.6%
March 2024
95.7 %
-0.5%
February 2024
95.6 %
0.1 %
January 2024
96.0 %
1.1 %
December 2023
96.4 %
0.9 %
November 2023
97.2 %
2.2 %
October 2023
96.4 %
-0.8%
September 2023
97.0 %
0.7 %
August 2023
96.8 %
-0.9%
July 2023
96.6 %
-1.8%
June 2023
95.3 %
-4.7%
May 2023
95.3 %
-4.7%
April 2023
96.7 %
-3.3%
120 % 100 % 80 % 60 % 40 % 20 % 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 .