Indian River County Monthly Market Report - May March 2025 | Page 10

Monthly Market Detail- May 2025 Single-Family Homes Indian River County
New Listings Inventory

New Listings by Initial Listing Price

The number of properties put onto the market during the month
Economists ' note: New Listings tend to rise in delayed response to increasing prices, so they are often seen as a lagging indicator of market health. As prices rise, potential sellers raise their estimations of value— and in the most recent cycle, rising prices have freed up many potential sellers who were previously underwater on their mortgages. Note that in our calculations, we take care to not include properties that were recently taken off the market and quickly relisted, since these are not really new listings.
120 100 80 60 40 20 0
Economists ' note: There are a number of ways to define and calculate Inventory. Our method is to simply count the number of active listings on the last day of the month, and hold this number to compare with the same month the following year. Inventory rises when New Listings are outpacing the number of listings that go off-market( regardless of whether they actually sell). Likewise, it falls when New Listings aren ' t keeping up with the rate at which homes are going off-market.
400 350 300 250 200 150 100 50 0
Less than $ 50,000
Less than $ 50,000
May 2024 May 2025
$ 50,000- $ 99,999
$ 50,000- $ 99,999
$ 100,000- $ 149,999
$ 100,000- $ 149,999
$ 150,000- $ 199,999
May 2024 May 2025
$ 150,000- $ 199,999
$ 200,000- $ 249,999

Inventory by Current Listing Price

The number of property listings active at the end of the month
$ 200,000- $ 249,999
$ 250,000- $ 299,999
$ 250,000- $ 299,999
Initial Listing Price New Listings
Percent Change Year-over-Year
Less than $ 50,000 1 N / A $ 50,000- $ 99,999 0 N / A $ 100,000- $ 149,999 0-100.0 % $ 150,000- $ 199,999 4 0.0 % $ 200,000- $ 249,999 7-30.0 % $ 250,000- $ 299,999 25 4.2 % $ 300,000- $ 399,999 95-5.9 % $ 400,000- $ 599,999 84-15.2 % $ 600,000- $ 999,999 31-42.6 % $ 1,000,000 or more 32-11.1 %
$ 300,000- $ 399,999
Current Listing Price Inventory
Percent Change Year-over-Year
Less than $ 50,000 0 N / A $ 50,000- $ 99,999 1 N / A $ 100,000- $ 149,999 5 150.0 % $ 150,000- $ 199,999 12 140.0 % $ 200,000- $ 249,999 24 84.6 % $ 250,000- $ 299,999 92 21.1 % $ 300,000- $ 399,999 311 19.6 % $ 400,000- $ 599,999 362 7.7 % $ 600,000- $ 999,999 210 3.4 % $ 1,000,000 or more 277 17.4 %
$ 300,000- $ 399,999
$ 400,000- $ 599,999
$ 400,000- $ 599,999
$ 600,000- $ 999,999
$ 600,000- $ 999,999
$ 1,000,000 or more
$ 1,000,000 or more
120 100 80 60 40 20 0
400 350 300 250 200 150 100 50 0
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 Monday, June 22, 2025. Next data release is Wednesday, July 23, 2025.