Condo sales Indian River County-wide were down 42% from last month and down 34% from June 2010. Year-to-date condo sales are11% ahead of last year, but there are still 743 units for sale, a 13.3 month supply. On the mainland there were 13 sales under $50,000, 8 of these were in Vista Royale/Vista Gardens, including a bank-owned 2 bedroom unit for $13,200 that was in decent shape. There was only 1 condo that sold for over $100,000 compared to 6 last month, a 3 bedroom 3rd floor unit at The Inlet at Sebastian. Again, not a surprise for the summer months.
