Indian River County Monthly Market Report - May March 2025 | Page 2

Closed Sales
Monthly
Market Detail- May 2026 Single-Family Homes Indian River County
Summary Statistics
May 2026
May 2025
Percent Change Year-over-Year
Closed Sales Paid in Cash
250 273-8.4 % 101 118-14.4 %
Median Sale Price $ 412,500
$ 386,190 6.8 %
Average Sale Price Dollar Volume
$ 707,007 $ 550,609 28.4 % $ 176.8 Million $ 150.3 Million 17.6 %
Median Percent of Original List Price Received
94.6 % 94.0 % 0.6 %
Median Time to Contract 56 Days 58 Days-3.4 %
Median Time to Sale
87 Days
91 Days
-4.4 %
New Pending Sales New Listings
301 284
259 16.2 %
279 1.8 %
Pending Inventory 406 Inventory( Active Listings) 1,158 Months Supply of Inventory 5.0
359 13.1 % 1,294-10.5 % 5.9-15.3 %

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
May 2026
1,252
250
7.6 %-8.4%
April 2026
277
6.1 %
March 2026
270
7.6 %
February 2026
199
-4.3%
January 2026
256
49.7 %
December 2025
227
10.2 %
November 2025
200
14.3 %
October 2025
215
9.1 %
September 2025
203
-1.0%
August 2025
217
8.5 %
July 2025
211
-23.3%
June 2025
249
8.3 %
May 2025
273
-5.9%
400
2022 2023 2024 2025
300
200
100
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
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, June 16, 2026. Next data release is Friday, July 17, 2026.