Indian River County Monthly Market Report - May March 2025 | Page 14

Closed Sales
Monthly Market Detail- January 2026 Townhouses and Condos Indian River County
Summary Statistics
January 2026
January 2025
Percent Change Year-over-Year
Closed Sales Paid in Cash
70 52 34.6 % 52 36 44.4 %
Median Sale Price $ 185,250
$ 275,750-32.8 %
Average Sale Price Dollar Volume
$ 376,101 $ 414,402-9.2 % $ 26.3 Million $ 21.5 Million 22.2 %
Median Percent of Original List Price Received
92.3 % 93.7 %-1.5 %
Median Time to Contract 62 Days 90 Days-31.1 %
Median Time to Sale
89 Days
121 Days
-26.4 %
New Pending Sales New Listings
117 315
65 80.0 %
214 47.2 %
Pending Inventory 125 Inventory( Active Listings) 986 Months Supply of Inventory 14.2
91 37.4 % 873 12.9 % 12.7 11.8 %

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
January 2026
70
70
34.6 % 34.6 %
December 2025
70
27.3 %
November 2025
47
9.3 %
October 2025
73
14.1 %
September 2025
62
14.8 %
August 2025
66
17.9 %
July 2025
65
-5.8%
June 2025
81
32.8 %
May 2025
79
-24.8%
April 2025
96
-6.8%
March 2025
62
-30.3%
February 2025
62
-19.5%
January 2025
52
8.3 %
140 120 100 80 60 40 20 0
2022 2023 2024 2025
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
Produced by Florida Realtors ® with data provided by Florida ' s multiple listing services. Statistics for each month compiled from MLS feeds on the 10th day of the following month. Data released on Tuesday, February 17, 2026. Next data release is Monday, March 16, 2026.