Indian River County Monthly Market Report - May March 2025 | Page 20

Monthly Market Detail- May 2025 Townhouses and Condos Indian River County
New Listings

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.
25 20 15 10 5
May 2024 May 2025
Initial Listing Price New Listings
Percent Change Year-over-Year
Less than $ 50,000 0-100.0 % $ 50,000- $ 99,999 4 N / A $ 100,000- $ 149,999 12-14.3 % $ 150,000- $ 199,999 22 37.5 % $ 200,000- $ 249,999 13-38.1 % $ 250,000- $ 299,999 10-44.4 % $ 300,000- $ 399,999 13-13.3 % $ 400,000- $ 599,999 19-9.5 % $ 600,000- $ 999,999 10 11.1 % $ 1,000,000 or more 5-54.5 %
25 20 15 10 5
0
Less than $ 50,000
$ 50,000- $ 99,999
$ 100,000- $ 149,999
$ 150,000- $ 199,999
$ 200,000- $ 249,999
$ 250,000- $ 299,999
$ 300,000- $ 399,999
$ 400,000- $ 599,999
$ 600,000- $ 999,999
$ 1,000,000 or more
0
Inventory

Inventory by Current Listing Price

The number of property listings active at the end of the month
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.
160 140 120 100 80 60 40 20 0
Less than $ 50,000
May 2024 May 2025
$ 50,000- $ 99,999
$ 100,000- $ 149,999
$ 150,000- $ 199,999
$ 200,000- $ 249,999
$ 250,000- $ 299,999
Current Listing Price Inventory
Percent Change Year-over-Year
Less than $ 50,000 0 N / A $ 50,000- $ 99,999 10 900.0 % $ 100,000- $ 149,999 64 10.3 % $ 150,000- $ 199,999 113 27.0 % $ 200,000- $ 249,999 77-15.4 % $ 250,000- $ 299,999 96 2.1 % $ 300,000- $ 399,999 93 4.5 % $ 400,000- $ 599,999 148 32.1 % $ 600,000- $ 999,999 114 58.3 % $ 1,000,000 or more 122 9.9 %
$ 300,000- $ 399,999
$ 400,000- $ 599,999
$ 600,000- $ 999,999
$ 1,000,000 or more
160 140 120 100 80 60 40 20 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.