St Lucie County Townhouses and Condos April 2017 Market Detail

St Lucie County Townhouses and Condos April 2017 Market Detail

The St Lucie County Townhouses and Condos Market Detail for April 2017 showed weaker sales activity when compared to last April.  Closed sales were down by 11.2% from last year (were up by 16.1% in March) while new pending sales decreased by 10.0% (was down by 11.2% in March).

Values, however, continue to rise at surprising rates with the median price up by 35.0% (was up by 28.0% in March) while the average sales price increased by 19.6% (was up by 13.3% in March).  I’ve been expecting prices to moderate for some time so these increases continue to be quite unexpected.

The inventory of available townhouses and condos decreased by 1 unit from last month to 568 units, which is 11.4% less than April 2016. The current supply is 6.0 months, which is 7.7% lower than the 6.5 months of inventory last year.  The St Lucie County townhouses and condos market remains in a balanced. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos April 2017 Market Detail

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

St Lucie County Single Family Homes April 2017 Market Detail

St Lucie County Single Family Homes April 2017 Market Detail

St Lucie County Single Family Homes Market Detail for April 2017showed weaker sales activity when compared to last April. Closed sales were down by 0.6% (in March they were up by 11.6%) and new sales under contract (new pending sales) decreased by 5.5% (they were up by 4.4% last month).

Prices, however, continue to show increases.  The median and average sales prices up by 14.3% and 7.0% respectively from last April (For March these numbers were up 15.7% and 14.9%).  I expect the rate of price increases to moderate some in the future, possibly even dip slightly.

Active listings decreased by 90 homes down to 1,650 homes.  This inventory is 3.4% lower than last year.  The current supply of homes is at 3.7 months (was 3.9 months for March)  This is 5.1% lower than 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 April 2017 Market Detail

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

St. Lucie County Townhouses and Condos 2017 1’st Quarter Report

Quarterly Market Report for St. Lucie County Townhouses and Condos

1’st Quarter 2017

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 1’st Quarter 2017.

St. Lucie County Townhouses and Condos 2017 1'st Quarter Report

Sales and pending sales volume was up slightly this quarter as compared to the 1’st quarter of 2016 while prices continued to rise fairly impressively.  Active inventory decreased making the Saint Lucie County townhouse and condo market in a slight sellers’ market.

View the entire set of data at GabeSanders.com

St. Lucie County Single Family Homes 2017 1’st Quarter Report

Quarterly Market Report for St. Lucie County Single Family Homes

1’st Quarter 2017

Click the image below to view the full details of the St. Lucie County single family homes market report data as reported by St. Lucie County Realtor for the 1’st Quarter 2017.

St. Lucie County Single Family Homes 2017 1'st Quarter Report

Continued growth for the first quarter as compared to 2016 and some very impressive price gains as well.  Even a stronger sellers’ market for the St. Lucie County single family homes real estate market.

View the entire set of data at GabeSanders.com

Indian River Drive Real Estate May 2017 Market Report

Indian River Drive Real Estate May 2017 Market Report

There are 24 homes and condos available to purchase off of Indian River Drive in may 2017.  These properties are listed for prices from $119,900 up to $2,650,000 for an average list price of $853,704 which works out to $265.22 per sq. ft. of living area.

There are 13 homes under contract.  These homes were listed for a minimum of $34,900 up to $1,300,000 which averages to $509,731 or $177.08 per sq. ft. of living area.  These homes were on the market for an average of 161 days before going under contract.

In the past 12 months, 42 homes have sold.  Sale prices ranged from a low of $47,000 up to $850,000 for an average sales price of $423,833 which equals $177.10 per sq. ft. of living area.  These homes averaged 111 days on market before going under contract and sold for an average of 93% of list price.

About Indian River Drive:

Search for Indian River Drive Homes for Sale

Search for Indian River Drive Vacant Land for Sale

Discover the last vestiges of old Florida charm and the best values for wide waterfront homes and estate sized land in South Florida today!  Twelve miles of paradise on a two lane country road along the Treasure Coast between the Island Life Of Jensen Beach and the Historic Town of Ft. Pierce.  Most of the homes on Indian River Drive will have the wide views of the Intracoastal (Indian River)  on the east side and the unspoiled beauty of the Savannahs Preserve State Park on the west side.

Indian River Drive Real Estate

The blue waters of the Atlantic Ocean are just minutes away.  The famous Hutchinson Island is viewed by all residents along this designated Florida Scenic Route.

Indian River Drive Real EstateIndian River Drive Real Estate

The early settlers of the Treasure Coast recognized the Tropical Beauty of this bit of paradise.  Long used as transportation route for the pineapple plantation owners to ship their product to various ports-o-call. The Intracoastal has easy access to the Atlantic Ocean and is a safe haven for boaters.  World class marine life is right at your doorstep and the fishing is some of the best in the world.

The high elevation along the drive adds drama and beauty to most homes along this scenic stretch of two lane road.