05/22/2026
📊 Indian River County Market Update – May 22, 2026 🏡
The real estate market continues to shift toward a more balanced market across Indian River County, with inventory now sitting at 1,415 residential listings — down 136 homes from the previous report.
🔹 What does this mean?
The “Absorption Rate” measures how quickly homes are selling and how many months of inventory are available. A balanced market is considered around 6 months of supply.
Current market snapshot:
🌴 Barrier Island
• Single Family Homes: 5.87 months supply (balanced market)
• Condos: 7.31 months supply (slightly favoring buyers)
🏡 Vero Beach Mainland
• Single Family Homes: 4.37 months supply (still favoring sellers)
• Condos: 7.35 months supply
🌅 Sebastian
• Single Family Homes: 3.65 months supply (strong seller activity)
• Condos: 13 months supply (buyer advantage)
🌾 Fellsmere
• Single Family Homes: 10.26 months supply (buyer market)
💰 Interest Rates Update:
• Freddie Mac 30-Year Mortgage Rate: 6.51%
• 10-Year Treasury: 4.554%
📌 Key takeaway:
Pricing matters more than ever. Well-priced homes are still selling, while overpriced properties are sitting longer as buyers gain more negotiating power in certain segments of the market.
If you’re curious about your home’s value, thinking about buying, or wondering how this market impacts you specifically, let’s connect.
Brian Tyler Leonard nmls #1006507 FL & TX
Homes By Bryler
Bayshore Mortgage Funding, LLC NMLS ID:196858
(954) 909-3751
Special thank you to Mike Lafferty Director of Sales and Growth & Broker Coldwell Banker Schmidt Paradise
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