Florida Townhouses and Condos November 2017 Market Report

Florida Townhouses and Condos November 2017 Market Report

The Florida Townhouses and Condos November 2017 Market Report showed stronger activity as compared to last year.  Closed sales were up by 5.8% as compared to last month’s increase of 2.2% and new sales under contract (new pending sales) increased by 9.3% (In October there was a 12.9% increase).

Prices continue to go up.  Median sales prices were up by 8.6% (was up by 5.2% in October), while the average sales price increased by 0.8% (was up 6.2% in October).

The inventory of active listings decreased by 3.4% from November of last year.  For November 2017 we have 5.7 months of inventory (was 5.6 months in October) and compared to 6.0 months for November 2016.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos November 2017 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos November 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.

Florida Townhouses and Condos November 2017 Market Report

Florida Townhouses and Condos October 2017 Market Report

Florida Townhouses and Condos October 2017 Market Report

The Florida Townhouses and Condos October 2017 Market Report showed stonger activity as compared to last year.  Closed sales were up by 2.2% as compared to last month’s decrease of 15.9% and new sales under contract (new pending sales) increased by 12.9% (In September there was a 32.7% decrease).

Prices continue to go up.  Median sales prices were up by 5.2% (was up by 8.1% in September), while the average sales price increased by 6.2% (was up 7.9% in September).

The inventory of active listings decreased by 3.4% from October of last year.  For October 2017 we have 5.6 months of inventory (was 5.5 months in September) and compared to 5.9 months for October 2016.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

October 2017 Florida Townhouses and Condos Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos October 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.

Florida Townhouses and Condos October 2017 Market Report

Florida Townhouses and Condos 2017 3’rd Quarter Report

Quarterly Market Report for Florida Townhouses and Condos

3’rd Quarter 2017

Click the image below to view the full details of the Florida townhouses and condos market report data as reported by Florida Realtor for the 3’rd Quarter 2017.

Florida Townhouses and Condos 2017 3'rd Quarter Report

Weaker sales volume for the 3’rd Quarter 2017 but values are continuing with their upward trend.  The inventory declined slightly and we are only in a slight seller’s market.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2017 3’rd Quarter Report

Florida Single Family Homes 2017 3’rd Quarter Report

Quarterly Market Report for Florida Single Family Homes

3’rd Quarter 2017

Click the image below to view the full details of the Florida single family home market report data as reported by Florida Realtor for the 3’rd Quarter 2017.

Weaker sales volume for the 3’rd Quarter 2017 but values are continuing with their upward trend. Still a strong sellers’ market for Florida single family homes.

View the entire set of data at GabeSanders.com

Florida Single Family Homes 2017 3’rd Quarter Report

Florida Townhouses and Condos September 2017 Market Report

Florida Townhouses and Condos September 2017 Market Report

The Florida Townhouses and Condos Market Report for September 2017 showed weaker activity from last year. This decrease can most likely be attributed to Hurricane Irma which shut things down for a couple of weeks in September.   Closed sales were down by 15.9% as compared to last month’s increase of 2.6% and new sales under contract (new pending sales) decreased by 32.7% (In August there was a 8.1% increase).

Prices continue to go up.  Median sales prices were up by 8.1% (was up by 6.3% in August), while the average sales price increased by 7.9% (was up 5.5% in August).

The inventory of active listings decreased by 3.8% from September of last year.  For September 2017 we have 5.5 months of inventory (was 5.4 months in August) and compared to 5.7 months for September 2016.  We remain in a slight seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos September 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.

Florida Townhouses and Condos September 2017 Market Report