House sales county-wide were down 23% compared to the previous month and down 10% compared to June 2010. Inventory also decreased but only by 5 units. County-wide there are 1995 homes currently for sale, an 11.5 month supply. 

Year-to-date sales were up 13%. A downturn in sales is typical for this time of year. On the mainland,  there were 4 houses that sold for under $30,000 and a total of 57 that sold for under $100,000.The highest sales on the mainland were a 3500+ sq ft home on 15 acres that sold for $749,000 and a 2700+ sq ft harbor front home in Grand Harbor that sold for $625,000. Inventory of houses on the mainland continue to drop at a faster rate than the overall county figures. There is a 10.3 month supply of houses for sale on the mainland.  

Jan 2004 to July 31 2011 Vero Beach - Indian River County Home Sales Graph