$10,000 Closing Credit*
$2,149,000
2,821 SqFt
3 Beds
•4 Full Baths, 1 Partial
Kristine Gabor, Rich Gabor, Listing Office: One Sothebys Intl Realty
Is Indian River Shores, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Indian River Shores has remained a Buyer's Market.
Key Takeaway
Indian River Shores is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Indian River Shores, FL
How much do homes in Indian River Shores, FL cost?
Median Sold Price
$1,825,000
$531/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$350,000(+23.7%)
Key Takeaway
Homes in Indian River Shores have sold for 23.7% more than they did a year ago.
Summary: The median home sold price in Indian River Shores was $1,825,000 in October 2024, up 23.7% from last year, and the median price per square foot was $531.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $832.3K | $1.3M | +61.4% |
| 3 Bedrooms | $1.5M | $1.6M | +8.1% |
| 4 Bedrooms | $1.9M | $1.8M | -8.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Indian River Shores housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 61.4%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Indian River Shores | $1.4M | $1.8M | +23.7% |
| Vero Beach | $367.9K | $410.1K | +11.5% |
Housing Supply in Indian River Shores, FL
How many homes are available in Indian River Shores, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 55 | +25.0% |
Summary: The Indian River Shores real estate market had 55 homes for sale in October 2024, a 25.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 25 | 31 | +24.0% |
| 4 Bedrooms | 11 | 15 | +36.4% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Indian River Shores housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Indian River Shores, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Indian River Shores in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Indian River Shores, FL
How long does it take to sell a home in Indian River Shores, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 165 Days | 107 Days | -35.2% |
Summary: Homes in Indian River Shores had an average of 107 days on market in Oct 2024, down by 35.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Indian River Shores has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Indian River Shores; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.