St Lucie County Townhouses and Condos August 2017 Market Report

St Lucie County Townhouses and Condos August 2017 Market Report

The St Lucie County Townhouses and Condos Market Report for August 2017 showed some weakness in closed sales but good numbers for new pending sales.  Closed sales were down by 7.3% from last year (were up by 26.8% in July) while new pending sales were up by 15.8% for August (was unchanged in July).

Values continue to rise with the median price up by 17.2% (was up by 17.5.% in July) while the average sales price increased by % (was up by 7.7% in July).  Continuing a fairly steady rise in values.

The inventory of available townhouses and condos decreased by 58 unit from last month to 441 units, which is 15.8% less than August 2016. The current supply is 4.5 months, which is 13.5% less than the 5.2 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos August 2017 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos August 2017 Market Report

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

St Lucie County Townhouses and Condos August 2017 Market Report

St Lucie County Single Family Homes August 2017 Market Report

St Lucie County Single Family Homes August 2017 Market Report

St Lucie County Single Family Homes Market Report for August 2017 showed moderating activity as compared to last July as well as last month. Closed sales were down by 6.2% (in July they were up by 8.5%) and new sales under contract (new pending sales) increased by 13.4% (they were up by 1.2% last month).

Prices continued to rise.  The median and average sales prices up by 10.8% and 8.6% respectively from last August (For July these numbers were up 14.3% and 10.2%).  The continued rate of price increases is beginning to have a major impact on affordability in St Lucie County.

Active listings decreased by 21 homes down to 1,592 homes.  This inventory is 0.6% lower than last year.  The current supply of homes is 3.5 months (was also 3.5 months for July) and also 3.5 months for last year.  This is unchanged from last year.  The St Lucie County single family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes August 2017 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes August 2017 Market Report

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

St Lucie County Single Family Homes August 2017 Market Report

Port St Lucie 2.6 Waterfront Acres Reduced

Port St Lucie 2.6 Waterfront Acres Reduced

1033 SE Mitchell Ave in the Sandpiper-Club Med area of Port St. Lucie has a new price of $915,000.

Waterfront Land with Dock
Overview
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Description
$915,000
A unique opportunity to purchase a 2.6 (+/-) acre waterfront parcel in the Sandpiper area of Port St. Lucie.  This vacant lot has gorgeous wide water views of Kiching Cove off the North Fork of the Saint Lucie River. Over 400 feet of ocean access water frontage and an existing dock (in need of repair) that can handle large yachts and the option to rebuild the old boat house exists.  There are many mature moss-filled oak trees and sable palms on the property as well as the remains of an older CBS home. This large parcel is suitable for a grand estate or there’s a potential to subdivide into numerous parcels. (Check with the City for details.)  Located close to the Club Med resort and only a short distance from shopping, restaurants and medical facilities along the US-1 corridor.  This is truly a breathtaking and one of a kind property that does not come available for purchase very often.
Main Features
Lot: 2.60 acre(s)
MLS #: M20005257
Location
1033 SE Mitchell Ave.
Port St. Lucie, FL 34952
USA
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Port St Lucie 2.6 Waterfront Acres Reduced

Kiching Cove Waterfront Acreage Reduced

Kiching Cove Waterfront Acreage Reduced

1033 SE Mitchell Ave in the Sandpiper-Club Med area of Port St. Lucie has a new price of $920,000.

A unique opportunity to purchase a 2.6 (+/-) acre waterfront parcel in the Sandpiper area of Port St. Lucie.  This vacant lot has gorgeous wide water views of Kiching Cove off the North Fork of the Saint Lucie River. Over 400 feet of ocean access water frontage and an existing dock (in need of repair) that can handle large yachts and the option to rebuild the old boat house exists.  There are many mature moss-filled oak trees and sable palms on the property as well as the remains of an older CBS home. This large parcel is suitable for a grand estate or there’s a potential to subdivide into numerous parcels. (Check with the City for details.)  Located close to the Club Med resort and only a short distance from shopping, restaurants and medical facilities along the US-1 corridor.  This is truly a breathtaking and one of a kind property that does not come available for purchase very often.

Ocean access waterfront land Ocean access waterfront land

View more pictures and information here

Ocean access waterfront land Ocean access waterfront land

Search here for all waterfront land

Presented by Gabe Sanders
Stuart Florida Real Estate
772-888-2885

Kiching Cove Waterfront Acreage Reduced

St Lucie County Townhouses and Condos July 2017 Market Detail

St Lucie County Townhouses and Condos July 2017 Market Detail

The St Lucie County Townhouses and Condos Market Detail for July 2017 showed some strong growth as  compared to last July.  Closed sales were up by 26.8% from last year (were down by 19.6% in June) while new pending sales were unchanged for July (was up by 33.3% in June).

Values continue to rise with the median price up by 17.5.% (was up by 4.7% in June) while the average sales price increased by 0.4% (was up by 17.9% in June).  Price rises should moderate some in the coming months.

The inventory of available townhouses and condos decreased by 7 unit from last month to 499 units, which is 1.6% less than July 2016. The current supply is 5.1 months, which is equal to  the 5.1 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a sellers’ market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos July 2017 Market Detail

Click here to view or download the full report:
St Lucie County Townhouses and Condos July 2017 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

St Lucie County Townhouses and Condos July 2017 Market Detail